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Saturday, 1 October 2022

The we had to do it argument

Listening to the news yesterday and today I'm struck by some arguments the TrussKwasi media spin machine has been pushing.

1) They acknowledge that last weeks mini budget caused some disruption on the financial markets.

2) They believe their policies are right for the economy. 

3) Spending discipline is needed and a plan to get government debt falling in the medium term will be published in late November.

4) It was important to get help to families ASAP (presumably on the energy prices).

You have to admire their ability to ignore the inconvenient truth whilst taking a we were right position.



So here's some counter arguments, (if only voice/visual media would challenge the PR machine drivel with such!)

1) Thankyou for taking a week to acknowledge the reality of what you announced last Friday. The rest of us have been there since last Friday. What took you so long?

2) I assumed you believed that what you were doing was right, and not some cynical political position to gain power.  The fact you feel you have to say you do believe in what you are doing is - well  - a little concerning.

3) A shaft of insight appears to have illuminated for you that a budget, (sorry fiscal event!), is meant to be a financial plan with - well you know - numbers, and not just for the next couple of months.

4) Yes it was important to respond to the energy prices - and thanks for that.  But at the same time you didn't need to announce other tax cutting initatives for the rich that the financial markets have largely judged to be unfunded.  You do remember that your political party mantra for at least the last 50 years has been the market is always right?


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