Beautiful Virgin Islands

Thursday, Oct 09, 2025

0:00
0:00

Lowering taxes best way to attract investments and to avoid recession, says Liz Truss. Sunak offers no economic plan, only a wish (to "fight" inflation, no "how" to do it, just a wish)

Tory leadership contender Liz Truss has defended her plans to lower taxes, describing them as the best way to avoid a recession. Her rival, Rishi Sunak, "wants" to tackle inflation before cutting any taxes, but has no plan how to do it. He just "wants" what sounds good as a salesman, but has no idea how to get it done.
On a visit to Solihull, she said lowering taxes would help ease the cost of living crisis.

Liz Truss was speaking after she had said she favoured lowering taxes over "giving out handouts" to help households hit by higher fuel bills.

Her rival, Rishi Sunak, wants to tackle inflation before cutting taxes, but has no plan how to do it. He just "want" what sounds good but does not know how to get it done.

Ms Truss also took aim at Mr Sunak's failed economic legacy as chancellor after the Bank of England warned this week that the UK would fall into recession as it raised interest rates by the highest amount in 27 years.

She added: "Under the plans at present, what we know is Britain is headed for a recession.

"That is not inevitable, but we need to avoid that by making sure our economy is competitive, that we're encouraging businesses to grow and that we are keeping taxes low."

Her rival Mr Sunak has said he would focus on getting a grip on inflation. But how? He has no clue...

Responding to Ms Truss's comments, the former chancellor said it is "simply wrong to rule out further direct support at this time".

"Her tax proposals are not going to help very significantly, people like pensioners or those on low incomes who are exactly the kind of families that are going to need help", said Mr Sunak, without offering them any help too anyway.

He said he wants to "ensure" that the people who really need our help do get the support that they need to get through the winter. But.... how he is going to get it done??? How is he as a prime minister going to solve the huge problems that he, as a chancellor, created?

Speaking at a leadership hustings in Eastbourne on Friday, he said the Tories can "kiss goodbye" to winning the next election if inflation is not brought under control quickly. But he do not have any practical plan how to bring the inflation under control. Not quickly and not even slowly.

He highlighted a warning by the Bank of England that inflation could become embedded, as if he was not the Chancellor who has been responsible for this problem.

The Bank of England has warned inflation - currently 9.4% - could peak at more than 13% and stay at "very elevated levels" throughout much of next year.

Mr Sunak said there would be "no hope that we're going to win that next election" amid continuing rising prices".

Well, a victory in the next election by the very same people - Sunak and/or Truss - that led Britain to the current economic disaster is not a hope, but a risk.

I really doubt if the Labour Party has anything less bad to offer. But, what we can all be sure of, based on the practical experience we have so far, is that the current government in Britain, and it doesn't really matter who the loser will be at the head of it, is the bearer of sole responsibility for the economic catastrophe that Britain degenerated into during their rule, and not the solution to it.

Everyone in the political system in Britain continues to deal with the colonialist concept of how much more tax to take from the public, to pamper those who control it, instead of stopping taking more and more taxes and start giving something back, for a change.

Britain is not a democracy, but a bureaucracy. Britain is a bureaucratic monster where the working public is suffocated to finance a huge apparatus of leeches, who contribute nothing real to Britain's security, economy or well-being. A huge swarm of public servants who receive huge salaries and outrageous benefits, in exchange for doing nothing for the public and everything for themselves.

The British public service consists of thirty percent public servants who are essential, useful and loyal to the public, and seventy percent leeches who take credit for the wonderful work that the thirty percent of public servants actually do.

This is the real problem of the economy in Britain, too big government expenses and too little benefits back for the huge taxes Britain is taking from the poor and the middle class. The public must concentrate only on its solution, without allowing dubious politicians to promise solving problems that they themselves are guilty of creating.
Newsletter

Related Articles

Beautiful Virgin Islands
0:00
0:00
Close
France: Less Than a Month After His Appointment, the New French Prime Minister Resigns
Hungarian Prime Minister Viktor Orbán stated that Hungary will not adopt the euro because the European Union is falling apart.
Sarah Mullally Becomes First Woman Appointed Archbishop of Canterbury
Mayor in western Germany in intensive care after stabbing
Australian government pays Deloitte nearly half a million dollars for a report built on fabricated quotes, fake citations, and AI-generated nonsense.
US Prosecutors Gained Legal Approval to Hack Telegram Servers
Macron Faces Intensifying Pressure to Resign or Trigger New Elections Amid France’s Political Turmoil
Standard Chartered Names Roberto Hoornweg as Sole Head of Corporate & Investment Banking
UK Asylum Housing Firm Faces Backlash Over £187 Million Profits and Poor Living Conditions
UK Police Crack Major Gang in Smuggling of up to 40,000 Stolen Phones to China
BYD’s UK Sales Soar Nearly Nine-Fold, Making Britain Its Biggest Market Outside China
Trump Proposes Farm Bailout from Tariff Revenues Amid Backlash from Other Industries
FIFA Accuses Malaysia of Forging Citizenship Documents, Suspends Seven Footballers
Latvia to Bar Tourist and Occasional Buses to Russia and Belarus Until 2026
A Dollar Coin Featuring Trump’s Portrait Expected to Be Issued Next Year
Australia Orders X to Block Murder Videos, Citing Online Safety and Public Exposure
Three Scientists Awarded Nobel Prize in Medicine for Discovery of Immune Self-Tolerance Mechanism
OpenAI and AMD Forge Landmark AI-Chip Alliance with Equity Option
Munich Airport Reopens After Second Drone Shutdown
France Names New Government Amid Political Crisis
Trump Stands Firm in Shutdown Showdown and Declares War on Drug Cartels — Turning Crisis into Opportunity
Surge of U.S. Billionaires Transforms London’s Peninsula Apartments into Ultra-Luxury Stronghold
Pro Europe and Anti-War Babiš Poised to Return to Power After Czech Parliamentary Vote
Jeff Bezos Calls AI Surge a ‘Good’ Bubble, Urges Focus on Lasting Innovation
Japan’s Ruling Party Chooses Sanae Takaichi, Clearing Path to First Female Prime Minister
Sean ‘Diddy’ Combs Sentenced to Fifty Months in Prison Following Prostitution Conviction
Taylor Swift’s ‘Showgirl’ Launch Extends Billion-Dollar Empire
Trump Administration Launches “TrumpRx” Plan to Enable Direct Drug Sales at Deep Discounts
Trump Announces Intention to Impose 100 Percent Tariff on Foreign-Made Films
Altman Says GPT-5 Already Outpaces Him, Warns AI Could Automate 40% of Work
Singapore and Hong Kong Vie to Dominate Asia’s Rising Gold Trade
Trump Organization Teams with Saudi Developer on $1 Billion Trump Plaza in Jeddah
Manhattan Sees Surge in Office-to-Housing Conversions, Highest Since 2008
Switzerland and U.S. Issue Joint Assurance Against Currency Manipulation
Electronic Arts to Be Taken Private in Historic $55 Billion Buyout
Thomas Jacob Sanford Named as Suspect in Deadly Michigan Church Shooting and Arson
Russian Research Vessel 'Yantar' Tracked Mapping Europe’s Subsea Cables, Raising Security Alarms
New York Man Arrested After On-Air Confession to 2017 Parents’ Murders
U.S. Defense Chief Orders Sudden Summit of Hundreds of Generals and Admirals
Global Cruise Industry Posts Dramatic Comeback with 34.6 Million Passengers in 2024
Trump Claims FBI Planted 274 Agents at Capitol Riot, Citing Unverified Reports
India: Internet Suspended in Bareilly Amid Communal Clashes Between Muslims and Hindus
Supreme Court Extends Freeze on Nearly $5 Billion in U.S. Foreign Aid at Trump’s Request
Archaeologists Recover Statues and Temples from 2,000-Year-Old Sunken City off Alexandria
China Deploys 2,000 Workers to Spain to Build Major EV Battery Factory, Raising European Dependence
Speed Takes Over: How Drive-Through Coffee Chains Are Rewriting U.S. Coffee Culture
U.S. Demands Brussels Scrutinize Digital Rules to Prevent Bias Against American Tech
Ringo Starr Champions Enduring Beatles Legacy While Debuting Las Vegas Art Show
Private Equity’s Fundraising Surge Triggers Concern of European Market Shake-Out
Colombian President Petro Vows to Mobilize Volunteers for Gaza and Joins List of Fighters
×