At some point someone must have told Liz Truss that things hadn’t gone well. That a) you must appoint a new chancellor after 39 days just to cancel your entire government program; b) pretend you cannot come to the Chamber because you were too busy meeting someone who turned out to be there already; and c) despite being unable to be there for a “very serious” reason, suddenly still showing up like one of the twins from “The Shining” and sitting still, silent and grinning for more than 30 minutes – that’s not much pretending to know You how to run a country.
Something had to be done to reverse it, and the thing would be to do a lengthy interview with the BBC’s Chris Mason in time for that News at ten.
It had only been about a fortnight since she had attempted to avoid the interrogation that such things inevitably entail by conducting a quick round of interviews with eight different local BBC radio stations in the space of an hour, but ended with that she was otherwise ritually humiliated County, on repeat, every eight minutes.
She had held a press conference where she was completely off balance for the entire seven minutes it lasted, causing even more spooked bond markets she had been trying to calm.
While this was absolutely the last thing Truss could possibly have done to try and turn things around, it was also the only thing she could do. Everything else had been tried. Everything else had failed. And it did.
There is only one question that needs to be asked of the Prime Minister, and that is whether or not she accepts that her household has made life worse for everyone.
She was asked about it several times. For the first three, she would explain that the world is indeed facing many problems at the moment. The fourth time, she changed direction and instead decided to say, “I apologized.”
When a president or prime minister apologizes for making everyone’s life harder, it’s usually in the second paragraph of a short speech. The third paragraph talks about what a privilege it was to serve, and the first usually contains the words, “I have resigned.”
We haven’t had the beginning or the end yet, but now that the middle is out it’s just a matter of a great deal of time.
Because people aren’t necessarily inclined to accept that kind of apology.
She, too, faces the same problem as her predecessor, albeit in a different way.
He’s had to contend with the near-impossible challenge of a global pandemic, but when an issue hits all nations at once, it’s fairly easy to compare who’s doing well and who’s poorly, and the phrase “the biggest economic hit in the G7 and the highest.” Death toll” made life really quite difficult for Boris Johnson.
When Truss blames rising interest rates around the world and Putin’s war in Ukraine for their own problems, people can also see that these are global problems – but only one G7 country has seen its lending rates as a result of its own stupidity, and only one country is now paying what has come to be known as the “idiot’s premium” on its debt. And there is only one idiot. There were two but she fired the other one to save herself and it doesn’t seem to have helped.
So she can sit and say she still believes in a low-tax, high-growth economy, but she can’t really hide from having to appoint a new chancellor who has reversed every tax cut she tried to push through, and also makes it clear that others need to step up. And the problem the Prime Minister is really facing is that she spent the whole summer repeating exactly what she would do over and over again.
When advised that it wasn’t going to work, she accused her critics of “abacus economics” and “Treasury orthodoxy,” then fired the Treasury guy for the crime of telling her exactly what was going to happen. Then what it did.
She apologized multiple times for “gone too far and too fast,” as if these were minor transgressions rather than what they are, which is incredibly stupid and extremely dangerous. As if going too far and too fast is something that can only be figured out in hindsight. Going too far and too fast often ends up with someone being tried and someone else dying. And they can say how sorry they are, but the verdict won’t change.
Like her predecessor, Truss finds herself in another predicament, namely that defending yourself on television and radio has already become an act of humiliation.
Junior Secretary of Defense James Heappey has already made his way today Program with the words: “It would be completely disingenuous to say that that morning when the mini-budget was presented to the cabinet, there was someone at the table who said it was a bad idea.”
A true classic, that. It’s not just that Mr. Heappey blithely proclaimed that no one in Cabinet is able to comprehend the utterly inevitable fallout that began in bond markets before the Chancellor was even seated. It’s also that the defenses — including Truss’s — so far had been that none of them had even been told what was in it.
Unless I fundamentally misunderstood the second series exercise of duty and what is currently going on with various Russian oligarchs, this was the first time someone has been thrown out of a window to protect them.
That sort of thing eventually grew into a pivotal plot point in the Johnson arc. People are tired of humiliating themselves, even more so when they never liked you to begin with. In politics, sorry tends to be the second hardest word. The hardest of all starts with R. And we’ll hear about it sooner rather than later.
https://www.independent.ie/opinion/comment/sorry-seems-to-be-second-hardest-word-for-truss-to-say-after-resign-but-thats-only-a-matter-of-time-now-42077738.html “Sorry” seems to be the second-hardest word for Truss after “resign,” but that’s only a matter of time now