The tax-cutters have tested their established strategies to destruction. When they got their woman into Downing Street, it took just 45 days for their agenda to crash-and-burn.
The thought of watching Truss perform like this week after week is for Tory MPs unbearable.
At a macro-level, it reinforces prudence and affordability. But at a micro-level, it can be an obstacle to speed, efficiency and innovation.
Free market reforms need to be bold and implemented rapidly if they are to have the best chance of being a proven success by the next General Election.
For the first time since 1979, we saw a Tory PM enter office who believes in an economic doctrine and is not afraid to preach it.
But there are truths in life – for example, that a stich in time saves nine, beggars can’t be choosers…and that you can’t spend more than your earn. His premiership ends with record spending and taxes.
The author compares politics to a game of snakes and ladders, but demonstrates that it is actually far harder than that.
It has real democratic authority including with the Lords which might not be so inhibited from voting down new measures which didn’t feature in that manifesto.
The Leader of the Opposition sounded as ungenerous as those who denounced Thatcher for years after her downfall.
Three Conservative backbenchers, and then most damagingly the recently resigned Health Secretary, told the Prime Minister it was time to go.
Towards the end of the nineteenth century Britain began to cede market share in industries such as coal mining, textiles, iron, steel, and shipbuilding.
Two months ago, I warned that you could ignore Truss’s campaign pledges, and that her premiership would herald higher taxes, more borrowing, and spending cuts. Unfortunately, I have been entirely vindicated.