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Re: Liz Truss and supply side growth theory

By: Cactus Flower in ALEA | Recommend this post (0)
Fri, 23 Sep 22 2:31 PM | 24 view(s)
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Msg. 47218 of 54826
(This msg. is a reply to 47216 by Cactus Flower)

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And of course, the UK may get lucky, assuming the cyclicality of economies. Sometimes economies grow faster and swing back into balance. I doubt the tax cuts will be responsible for that. We are all flotsam bobbing about atop the world economy. And of course, Russia may surrender and replace Putin triggering economic benefits for everyone.




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The above is a reply to the following message:
Re: Liz Truss and supply side growth theory
By: Cactus Flower
in ALEA
Fri, 23 Sep 22 1:34 PM
Msg. 47216 of 54826

I sort of expected it. We had a choice between Rishi, who might have been a little more centrist from an economic perspective but looked a bit weaker on the EU, and Truss who was further right economically, but looked stronger on the EU.

It will be easier to recover from an economic mistake than from an issue with the EU. So given the choices, she was probably the better one, although I don't have a strong opinion.

But it's a shame all the same.

At least we don't have second amendment problems, abortion fights etc. and our Conservative Party is still in favour of science, as far as it is known, and probabilities otherwise. Also, we have a wonderfully wet Church, a fact that is a great relief by comparison with the USA.


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