A lettuce lasted longer than Liz Truss
Liz Truss did not, however, best the record of Arthur Wellesley, 1st Duke of Wellington, who served as prime minister for 23 days from 1834-11-17 to 1834-12-09 in a caretaker government. However, Wellington had earlier been prime minister from 1828-01-22 to 1830-11-16, so his total time in the office across the two separate terms was almost three years.
ZeroHedge quotes a Brit as saying, “4 Chancellors, 3 Home Secretaries, 2 Monarchs, and now 3 PMs in four ****ing months”.
Boris Johnson resigned as UK Prime Minister on July 7. Ms Truss became the new PM on Sep 5. Approx 60 days for the ruling Conservative Party to choose a new leader.
Ms Truss resigned Oct 19 – approx 44 days as PM.
60 days to select someone who lasts 44 days? That sounds rather inefficient!
Ms. Truss clearly was as stupid as she was uncharismatic. But we she felled by her own incompetence? Or was she a victim of manipulation by London’s version of the Deep State?
She does seem stupid, but if announcing a tax cut causes your economic collapse it isn’t due to the person that announced the tax cut. We are so close to economic collapse, but it isn’t due to the overspending, not due to our reaction to COVID, not due to our sanctions on Russia. No none of the past matters. It is just this tax cut that is the problem. I guess people in the West are just that stupid.
Objectively, tax cuts are to be welcomed. However, the rather stupid Ms. Truss proposed to pay for her tax cut by borrowing and printing even more money – with the UK already deeply encumbered and no plan for how the additional borrowing was ever to be paid back.
If Ms Truss had proposed tax cuts to be paid for by immediate cuts in government expenditures (and perhaps rolling back excessive economy-restricting regulations at the same time), she would probably still have been shown the door – but at least she would have gone down in a noble cause.
For her tenure as Prime Minister, Liz Truss is entitled to a “Public Duty Costs Allowance” pension of £115,000 per year for the rest of her life.
Not bad for 45 days’ work.
And yet that’s exactly what we’re doing.
The FT jumped in, as expected… The piece on Boris’ potential return to #10 scored 3,000 comments - I’ve never seen that before.
But there is a simple fix…
A House built on sand……
My local radio news station is WDEL in Wilmington, Delaware. It is a CBS affiliate. When they reported Truss was quitting they said it was due to backlash from her plan to cut taxes and cut social programs. It’s interesting yours is a different take.