Beautiful Virgin Islands

Friday, Sep 11, 2026

Lowering taxes best way to attract investments and to avoid recession, says Liz Truss. Sunak has no economic plan, only a wish to fight as PM the inflation he as a chancellor created

That is strange. It is strange that the political party which led Britain into this current economic disaster should be talking of winning the next election as a "hope", not as a risk. Two years ago Tories embraced golden-boy Sunak's unprecedented 400 billion pound give-away as a masterstroke. (And, to be fair, Labour weren't far behind in hailing it as a latter-day miracle)

Well, the music's stopped. Because the bill's arrived. And it's time to pay the piper.
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 taxes, but has no plan how to do it. (He just "wants" but has no idea how to get it done.)

On a visit to Solihull, Liz Truss said lowering taxes would help ease the cost of living crisis.

She said she preferred this course of action over "giving out handouts" to help households hit by higher fuel bills.

Her rival Rishi Sunak wants to tackle inflation before cutting taxes, but gave no plan how to do it. He just "wants" .....whatever sounds good, but clearly has no idea 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 said he would focus on getting a grip on inflation. But how? It seems 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 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 is he going to get it done? How, as prime minister, is he going to solve the huge problem that he, as Chancellor, created?

Speaking at the 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 does not have a practical plan to bring 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 were not the Chancellor who was responsible for this problem in the first place.

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".

That is strange. It is strange that the political party which led Britain into this current economic disaster should be talking of winning the next election as a "hope", not as a risk. Because that is the clear risk they took, knowingly, willingly .....and, from memory, even gleefully. Two years ago Tories embraced golden-boy Sunak's unprecedented 400 billion pound give-away as a masterstroke. (And, to be fair, Labour weren't far behind in hailing it as a latter-day miracle, even if it wasn't their golden-boy dishing it out.)

Well, the music's stopped. Because the bill's arrived. And it's time to pay the piper.

For sure, the current government bears sole responsibility for the economic catastrophe that has engulfed Britain during their rule. And equally for sure, this leadership contest doesn't really matter, because under the next leader - whoever it is - they will not find a solution to it. (Though Truss is at least making the right noises; whereas Sunak is still just sounding off, quite nicely, same as usual.)

But actually, Sunak's impetuous, mindless, Treasury-emptying giveaway isn't the root cause of the UK's financial problems. It's merely the latest and greatest, record-breaking instance symptom of it.

The root cause is that the political system in Britain - and everyone who is part of it - is designed to perpetuate the extraction of ever greater taxes from the public, purely to pamper those who control it, while providing a minimal level service to the brainwashed public which is just about shiny and sweet enough to keep them from outright revolution. This system is actually just the latest iteration of Britain's age-old screwing of its citizens from nicely-straightforward village feudalism, refined in the days of Empire as rapacious colonialism, brought home to our post-World War Two towns as enlightened but expensive socialism, and "re-imagined" for the connected cities of today's brave new world as "caring government".

(As usual, the French have a more elegant way to describe it: Louis XIV's finance minister Colbert - Sunak's equivalent - believed that “the art of taxation consists in so plucking the goose as to obtain the largest possible amount of feathers with the smallest possible amount of hissing." You can use that one, Rishi. You're welcome.)

Britain's political system is not a democracy, but in fact a bureaucracy. It is a bloated, bureaucratic monster where the hard-pressed, hard-working public is being bled dry to finance a huge apparatus of leeches, who contribute nothing real to Britain's security, economy or well-being. Where a vast swarm of public servants receive huge salaries and outrageous benefits, and gorge themselves on the taxpayers' flesh, in exchange for doing nothing for the public and everything for themselves. Where the greediest parasites at the top are hidden from public view by the multiple layers they have inserted between us and them. And where you can't see their blood-sucking hydra heads that you'd chop off (metaphorically speaking of course) if they popped up in your local pub.

The British public sector consists of thirty percent of public servants who are essential, useful and loyal to the public, and seventy percent of lazy, useless, vicious leeches who take credit for the wonderful work done by the virtuous thirty percent.

This is the real underlying problem of the British economy. And it is not going to be solved by putting a marginally more useful idiot in charge of the village, let alone the country.
Newsletter

Related Articles

Beautiful Virgin Islands
0:00
0:00
Close
Merz Rebukes AfD Expansion in Saxony-Anhalt
OpenAI Unveils GPT-6 and Says: "We May Already Have Reached AGI"
Congressman Accused Andrew of Sex Crimes in the United States
Donald Trump: "I'm Glad Harry and Meghan Left the United States"
Spicy Food Is Linked to Lower Death Risk — but It Is Not a Miracle Cure
AfD Enters Saxony-Anhalt Election at 41% in Historic Test for German Politics
Gen Z Turns to Investing as America's First-Home Dream Moves Further Out of Reach
TSA Unveils Major Airport-Security Overhaul as It Drops Gold+ Privatization Plan
CIA Chief Warned Russia Against Attacking NATO in Secret Moscow Mission
Raheem Sterling Charged With Dangerous Driving After Lamborghini Crash
The Secret Dolly Parton Kept Until Her Death: "She Was Much Sicker Than She Let On"
Glacier Collapse, Not Earthquake, Triggered Deadly Nepal-Tibet Flood
Turnbull Warns AUKUS Could Leave Australia Without Promised Nuclear Submarines
California Billionaires Pour More Than $150 Million Into Fight Over Proposed Wealth Tax
German Broadcaster Goes Dark to Warn AfD Could End Its Saxony-Anhalt Service
Badenoch Plans Major Shadow Cabinet Reshuffle as Tories Struggle in Third Place
Prime Minister Andy Burnham to Give Ukraine Classified Storm Shadow Blueprints for Domestic Missile Production
UK Graduate Job Vacancies Plunge 45% to Lowest Levels on Record
Iranian Hackers Shut Down British Power Plant for Four Days in Landmark Cyber Attack
Novak Djokovic Reveals Relentless Self-Doubt and Rejects Retirement in New Documentary
Trump Imposes 50% Tariffs on Canadian Goods After Bilateral Trade Talks Collapse
Australia Combines Indigenous Fire Knowledge With Satellite Tech to Combat Catastrophic Wildfires
Father and Son Jailed in Scotland Over £900,000 Airport Cannabis Smuggling Operation
UK Fraud Reports Surge Sevenfold as Criminals Exploit QR Codes in Parking Meters and Phishing Emails
Brighton Thrash Aston Villa in Four-Goal Opening Half as Manchester City Trail Bournemouth
Erin Patterson Appeals Triple Murder Convictions After Hotel Mixed Sequestered Jury With Prosecution
The rise and fall of Hui Ka Yan, China’s richest man
Woke: Britain Considers Plain Packaging for Cigars as Specialist Shops Warn of Industry Collapse
Britain's Public-Service Productivity Remains Below 2019 as £80 Billion Output Gap Fuels WFH Debate
Mandelson Epstein Case in Jeopardy as U.S. Files Stay Out of Reach
Prince Harry and Six Others Ordered to Pay £9.5 Million After High Court Defeat
Petrol Bombs Set Luxury Cars Alight Outside Birmingham Wedding as Police Hunt Three Men
Bitcoin Surges Toward $80,000 as Short Squeeze and ETF Inflows Ignite Crypto Rally
Twenty-Nine US States Take Meta to Trial Over Alleged Child Addiction on Instagram and Facebook
Former Scottish National Party Executive Peter Murrell Jailed for Five Years Over £400,000 Embezzlement
Moderna and Merck's Personalized Cancer Vaccine Succeeds in Historic Late-Stage Melanoma Trial
Prince Harry and Meghan to Move Back to Britain With Their Children
England and Wales Have Fewer Than 1,800 Prison Places Left for Men
Suspected People Smuggler Arrested After Investigation Identified Him
Children's Doctors Warn That Vaping Can Lead Young People to Smoking
Hundreds of Thousands of Students Receive GCSE and Vocational Results Across England, Wales and Northern Ireland
Here Is What Can Never Happen in Your Country: Taiwan Is Giving Money to All Its People Because It Collected Too Much Tax
UK Inflation Rises to 2.9% as Energy Bills Jump
UK Issues New Conduct Guide for Asylum Seekers on Consent and Respect
A Sleepless Night on Wall Street: Nasdaq to Begin Nearly Round-the-Clock Trading
"The First in the World": 69-Year-Old Protested Artificial Intelligence—and Went to Jail
Ukraine's Ousted Defence Minister Calls for Wartime Presidential Election
China’s Lifelike AI Humans Move From Livestreams Into Real-World Service Roles
Sarah Ferguson Reportedly Retreats to Late Ex-Boyfriend's Swiss Chalet
Cristiano Ronaldo and Georgina Rodríguez Sign Prenup Protecting Their Separate Fortunes
×