How Truss U-Turned on Everything: This Must Be the End?

แชร์
ฝัง
  • เผยแพร่เมื่อ 17 ต.ค. 2022
  • Sign up to Brilliant (the first 200 sign ups get 20% off an annual premium subscription): brilliant.org/tldruk/
    After replacing Kwasi Kwarteng as Chancellor, Jeremy Hunt has ditched basically every one of the policies in his mini-budget. But after another major and embarrassing u-turn from Truss, is her position as Prime Minister becoming increasingly untenable?
    💬 Twitter: / tldrnewsuk
    📸 Instagram: / tldrnewsuk
    🎞 TikTok: / tldrnews
    🗣 Discord: tldrnews.co.uk/discord
    💡 Got a Topic Suggestion? - forms.gle/mahEFmsW1yGTNEYXA
    Support TLDR on Patreon: / tldrnews
    Donate by PayPal: tldrnews.co.uk/funding
    TLDR Store: www.tldrnews.co.uk/store
    TLDR TeeSpring Store: teespring.com/stores/tldr-spring
    Learn About Our Funding: tldrnews.co.uk/funding
    TLDR is all about getting you up to date with the news of today, without bias and without filter. We aim to give you the information you need, quickly and simply so that you can make your own decision.
    TLDR is a completely independent & privately owned media company that's not afraid to tackle the issues we think are most important. The channel is run by just a small group of young people, with us hoping to pass on our enthusiasm for politics to other young people. We are primarily fan sourced with most of our funding coming from donations and ad revenue. No shady corporations, no one telling us what to say. We can't wait to grow further and help more people get informed. Help support us by subscribing, following, and backing us on Patreon. Thanks!

ความคิดเห็น • 1K

  • @cheeseymattybob
    @cheeseymattybob ปีที่แล้ว +370

    “No way she could have predicted what followed”
    Sunak literally told her this would happen during the leadership campaign. Everyone knew it could get ugly.

    • @jonsmith5058
      @jonsmith5058 ปีที่แล้ว +1

      Yeah, I thought the same thing…
      What a dumb thing to say, a ton of people predicted it, she was just too arrogant / stupid to listen.

    • @TheAlchaemist
      @TheAlchaemist ปีที่แล้ว +46

      The phrase still holds perfectly valid. No way SHE could have predicted what followed.

    • @jonsmith5058
      @jonsmith5058 ปีที่แล้ว +1

      @@TheAlchaemist suuure but then it should be qualified with the addendum ‘because shes a stubborn, arrogant moron’ as the inference is that it couldnt be predicted in general

    • @aditube8781
      @aditube8781 ปีที่แล้ว +2

      dude EXACTLY

    • @pablodelsegundo9502
      @pablodelsegundo9502 ปีที่แล้ว +1

      It's a political leitmotif, and not just in the UK.

  • @allergy5634
    @allergy5634 ปีที่แล้ว +1099

    Firing the finance minister for this seems ridiculous though. Don’t misunderstand me, I harbour no love for Kwartang. But all he did was implement Truss’s policy plans. It would be like ordering a meal that you don’t like at a restaurant and then sending a negative review to the restaurant for serving you food that you don’t like.

    • @daraghmcquaid3277
      @daraghmcquaid3277 ปีที่แล้ว +73

      My guess is it was party members coming to her and saying unless she went back to status quo she was out. That's why she brought in hunt

    • @allergy5634
      @allergy5634 ปีที่แล้ว +21

      @@daraghmcquaid3277 possibly. Though Hunt is not exactly an angle in the eye of the public’s either.

    • @daraghmcquaid3277
      @daraghmcquaid3277 ปีที่แล้ว +55

      @@allergy5634 but he's very well respected within the party. You have to remember that MPs didn't vote for Liz Truss

    • @allergy5634
      @allergy5634 ปีที่แล้ว +21

      @@daraghmcquaid3277 I am fully aware. And come Election Day, these poor decisions will show in the ballots.

    • @TobiasStarling
      @TobiasStarling ปีที่แล้ว +21

      She’s not gonna fire herself

  • @farrenlee3314
    @farrenlee3314 ปีที่แล้ว +727

    Its hilarious to me that 'Truss Issues' podcast with planned obsolescence of 100 days might last even shorter than planned 🤣 but honestly keep up the good work. The fact that TLDR is able to publish videos explaining the situation in near-real time is insane. Bravo!

    • @potato3996
      @potato3996 ปีที่แล้ว +9

      High quality content also!

    • @minimaxi6173
      @minimaxi6173 ปีที่แล้ว +8

      Am I the only one that sees the missed opportunity with "Mis-truss"

    • @Samghnagan
      @Samghnagan ปีที่แล้ว +1

      It’s

    • @-kaijamesy-3056
      @-kaijamesy-3056 ปีที่แล้ว

      @@gpw203 muppet

    • @SlMON_PETRlKOV
      @SlMON_PETRlKOV ปีที่แล้ว

      Truss issues very smart

  • @FatRonaldo1
    @FatRonaldo1 ปีที่แล้ว +544

    The irony of Liz Truss having a husband who is a professor of economics

    • @johnbennett7554
      @johnbennett7554 ปีที่แล้ว +86

      No fucking shot he's an economist.thats too fucking good

    • @LOLERXP
      @LOLERXP ปีที่แล้ว

      Economics is a pseudo-science where the dogma you base your models on determines the result. And promotions are handed around amongst people following the same dogma.
      A professor of economics believing in a silly dogma can easily give you terrible advice, constantly.

    • @karenreid2526
      @karenreid2526 ปีที่แล้ว +71

      She’s also a qualified accountant, shockingly!!!

    • @vice.nor.virtue
      @vice.nor.virtue ปีที่แล้ว +83

      @@karenreid2526 I doubt she's having any clients again after this 💀

    • @autohmae
      @autohmae ปีที่แล้ว +42

      1:46 I think this is just BS, I think they did it on purpose, for their friends shorting the Pound.

  • @lordofpolls
    @lordofpolls ปีที่แล้ว +610

    At this point we're all just waiting for a general election

    • @aaroneus5479
      @aaroneus5479 ปีที่แล้ว +22

      That's a long two years to wait

    • @thepenguin9
      @thepenguin9 ปีที่แล้ว +21

      @@aaroneus5479 is everyone forgetting we're not the US and the PM can just call a vote of no confidence in herself, or just table a bill to force the issue

    • @ecaeas4439
      @ecaeas4439 ปีที่แล้ว

      We won't get it unless there's a total collapse in the tory party cohesion. Plus, Boris johnson knew that a situation like this would arise when the morons he brought into parliament to replace the competent people he kicked got the chance to be in power. So he scrapped the fixed terms parliament act, meaning only liz truss can call a general election now... It's totally up to the tories, even though they've so obviously lost the confidence of the public.

    • @Stupid_Rabbit
      @Stupid_Rabbit ปีที่แล้ว +65

      @@thepenguin9 true but the conseritives will not vote for it while they are trailing labour so badly

    • @jr5389
      @jr5389 ปีที่แล้ว +3

      @@aaroneus5479 😂😂😂😂😂 That’s a great Joke 🎉🤪

  • @crazycjk
    @crazycjk ปีที่แล้ว +629

    Scrapping Kwasi's budget is the first time I've ever seen Jeremy Hunt do anything remotely popular.

    • @StampyDog99
      @StampyDog99 ปีที่แล้ว +53

      tbh Hunt is much more preferable to what we have now, he's had his own career first and then moved into politics, in comparison to a Johnson or Truss whose always been focused on their political ambitions. This means he has actual experience to back up his own views, and while he falls much more right wing and pro markets than I'd like our chancellor or pm to be, I'd rather have someone with a true belief that they are doing what is correct for the country than whatever Truss is doing.

    • @audreymcgready4329
      @audreymcgready4329 ปีที่แล้ว

      @@StampyDog99 Remember when the country had no PPE when covid hit. Even after their mock senario was held. Well you can thank hunt for that. Look at the NHS under him too. Now he will starve them of even more money and finally sell it off now that he is the next chancer.

    • @davidphan100
      @davidphan100 ปีที่แล้ว +6

      @@AW-kv8te it was the bankers that were against her budget as they need the market to go down. And rates to go up.

    • @STONEWALL148
      @STONEWALL148 ปีที่แล้ว +2

      It won't be popular long once the mortgage payment increases start ramping up and the fuel bills go into the stratosphere coupled with food prices nearly doubling and the unelected government curtailing people's rights. Hunt will be as popular as he was looking after the health service. He is Mr Austerity a one-trick pony.

    • @audreymcgready4329
      @audreymcgready4329 ปีที่แล้ว

      @@STONEWALL148 Well said Dean.

  • @Emanon...
    @Emanon... ปีที่แล้ว +308

    A 12 month grace period.
    After seeing how she managed the last few weeks, just imagine what she could do in a year...

    • @exiletsj2570
      @exiletsj2570 ปีที่แล้ว +22

      “One has to show some grace, to justify one’s grace period.”
      - Queen Elizabeth II, moments before she died from boredom, after meeting Liz Truss.

    • @JayJay5244
      @JayJay5244 ปีที่แล้ว +5

      And she hasn’t even touched Brexit yet…

    • @neotropos
      @neotropos ปีที่แล้ว +2

      Exactly - the country will be a smoking ruin

    • @billcipherproductions1789
      @billcipherproductions1789 ปีที่แล้ว +1

      @@azlanadil3646 But jokes aside the UK isn't going Yugoslavia anytime soon.

    • @hamishgaffaney5323
      @hamishgaffaney5323 ปีที่แล้ว

      The shy is the limit🤪

  • @EASYTIGER10
    @EASYTIGER10 ปีที่แล้ว +111

    A lack of Trust will lead to a lack of Truss

    • @kolerick
      @kolerick ปีที่แล้ว

      Dizz Trust

  • @Lyendith
    @Lyendith ปีที่แล้ว +61

    The problem with this situation is that, with a government this unpopular, Labour doesn’t even need to try to win the next general election. They might learn all the wrong lessons from their "victory".

    • @chaosburger307
      @chaosburger307 ปีที่แล้ว

      The next election is not for 2 years so I suspect the popularity will revert to the mean. You would be surprised how short the peoples memories are / when the partisan media machine spins up how many people fall back in line.

    • @hamishgaffaney5323
      @hamishgaffaney5323 ปีที่แล้ว +1

      It will be an interesting election, what time to be alive🤪

    • @adrianthoroughgood1191
      @adrianthoroughgood1191 ปีที่แล้ว

      I had been hoping they would need to unofficially do a deal with LD and Green to bring in some voting reform in return for electoral pacts, but now Labour will just win without pacts or concessions.

  • @GraniteInTheFace
    @GraniteInTheFace ปีที่แล้ว +116

    Kwasi gets scapegoated by Truss
    Now Hunt is poaching Truss' job.

    • @zachryder3150
      @zachryder3150 ปีที่แล้ว +9

      *Let them fight!*

    • @MsArjun1111
      @MsArjun1111 ปีที่แล้ว +2

      Let him Hunt. Let her Truss(t)

  • @7thplanet121
    @7thplanet121 ปีที่แล้ว +115

    Not a u turn.
    Just “A change of direction “
    😂😂😂
    Funniest statement I’ve heard.

    • @deanvandijk9670
      @deanvandijk9670 ปีที่แล้ว +18

      The change of direction just happens to be 180 degrees

    • @geraldmerkowitz4360
      @geraldmerkowitz4360 ปีที่แล้ว +5

      /r/technicallythetruth

    • @Pamani_
      @Pamani_ ปีที่แล้ว +6

      "special economic reversal"

    • @Givemepeanutbutter
      @Givemepeanutbutter ปีที่แล้ว +1

      @@Pamani_ lmaoo

    • @HDTomo
      @HDTomo ปีที่แล้ว +6

      @@Pamani_ a special monetary operation

  • @neotropos
    @neotropos ปีที่แล้ว +29

    Truss makes Boris look like a beacon of integrity, competence and stability... we really have gone out of the frying pan and into the fire

    • @SevenEllen
      @SevenEllen ปีที่แล้ว +1

      Don't be fooled. Truss is a hybrid of Bojo and Thatcher. They're all the same fire spewing from the same hot air.

  • @foxyboiiyt3332
    @foxyboiiyt3332 ปีที่แล้ว +57

    In the future everyone will be PM for 15 minutes

    • @TheAlchaemist
      @TheAlchaemist ปีที่แล้ว +3

      Actually, if you randomly elect PMs from the population every 15 minutes, the chances are they would constantly undo each other, hence remaining more or less in place. It would require a lot of bad luck to so consistently walk towards the precipice as Tories have been doing for decades.

    • @Sky-pg8jm
      @Sky-pg8jm ปีที่แล้ว

      In the future all prime ministers will be randomly generated

  • @ggexploder7705
    @ggexploder7705 ปีที่แล้ว +16

    I think the term "the next few weeks are going to be pretty chaotic" have been uttered in the UK since 2016.

  • @jamesgravil9162
    @jamesgravil9162 ปีที่แล้ว +114

    "The next couple of weeks are going to be pretty chaotic."
    Next couple of years, I think you mean.

    • @nathansavage8692
      @nathansavage8692 ปีที่แล้ว +2

      Nah she wont last that long

    • @allliquid6320
      @allliquid6320 ปีที่แล้ว +7

      It all started with brexit. Creating the instability that still needs to be fix. Everything after has made efforts to fix it very difficult to impossible

    • @Shuizid
      @Shuizid ปีที่แล้ว +3

      @@allliquid6320 Britain always had an anti-EU attitude, demanding special treatment all around while still constantly complaining. The Brexit wasn't the start. It was just the point where the chaotic attitude resulted in real consequences.

    • @allliquid6320
      @allliquid6320 ปีที่แล้ว +1

      @@Shuizid true but the political instability of struggling with brexit and the fall out. Then covid and the war in ucrane. They are all mutually exclusive but each is magnified by its previous crisis.

    • @Shuizid
      @Shuizid ปีที่แล้ว +2

      @@allliquid6320 While true, I would say this is a prime example of "having your cake and eat it". But yeah, the Brexit certainly was the moment the true chaos started.

  • @131scavy
    @131scavy ปีที่แล้ว +22

    Don't forget out of all the reversals, the one change that hasn't been scrapped and for some reason is ignored is uncapping banker's bonuses.
    The other cuts are just a nice smokescreen for the lining of financial executive's pockets at the expense of regular citizens.

  • @roostergentry
    @roostergentry ปีที่แล้ว +37

    The TH-cam algorithm is adorable, I've been watching Truss Rod adjustment videos for guitar set ups, and this morning YT recommends this lol greetings from across the pond!

    • @johnbennett7554
      @johnbennett7554 ปีที่แล้ว +6

      Welcome to the wacky world of British politics friendo

    • @vice.nor.virtue
      @vice.nor.virtue ปีที่แล้ว +5

      It must be nice to change which political sitcom you're watching from time to time 💀

    • @tessjuel
      @tessjuel ปีที่แล้ว +4

      There is at least one common factor here. Both guitarists and Tories tend to believe they can correct the action by adjusting the Truss and both are wrong.

    • @konkey-dong
      @konkey-dong ปีที่แล้ว

      @@tessjuel I hope Truss snaps like the one in the shitty Squier I bought when I was 15

    • @PhysicsGamer
      @PhysicsGamer ปีที่แล้ว

      Content discovery based on puns? ...I like it.

  • @napoleonibonaparte7198
    @napoleonibonaparte7198 ปีที่แล้ว +87

    I want to see the lettuce win the race.

    • @deusexaethera
      @deusexaethera ปีที่แล้ว +4

      Lettuce?

    • @thenightman9847
      @thenightman9847 ปีที่แล้ว +12

      Definitely the lettuce. Get with it bro

    • @gwenelbro3719
      @gwenelbro3719 ปีที่แล้ว +4

      She doesn't have the shelf life of a lettuce,

    • @andrewsuryali8540
      @andrewsuryali8540 ปีที่แล้ว +24

      @@deusexaethera There's a betting thing going on about whether a lettuce will go bad before Truss gets booted.

    • @vice.nor.virtue
      @vice.nor.virtue ปีที่แล้ว +2

      @@andrewsuryali8540 Thanks! The abstraction of this comment was immediately killing me before you gave it some context.

  • @patrickriarchy1976
    @patrickriarchy1976 ปีที่แล้ว +163

    It’s really strange that the markets panicked after the announcement of policies meant to serve the rich and corporations!

    • @Emanon...
      @Emanon... ปีที่แล้ว +141

      That's because even markets have a built in "moron insurance" if they can see that the policies make absolutely no sense.

    • @vice.nor.virtue
      @vice.nor.virtue ปีที่แล้ว +21

      Agreed! I was like, is capitalism drunk today or what because this is really out of character

    • @tessjuel
      @tessjuel ปีที่แล้ว +112

      It's not strange at all. Truss' budget was made for the benefit of disaster capitalists, those who take advantage of disturbances to make money fast. Serious business leaders and investors think long term so for them stability is more important than a quick buck. They also understand one thing that the old Tories knew perfectly well but are way beyond the current decadent party: Poor people can't afford to buy stuff and that's bad for business. I'm not saying serious capitalists are nice people, some actually are, others defintely not. But they all understand one of the most basic principles of economy: Don't kill the goose that lays the golden eggs.

    • @nononoyesyesyes4748
      @nononoyesyesyes4748 ปีที่แล้ว +16

      @@tessjuel I've never thought about it that way. Well said!

    • @istherenofreename
      @istherenofreename ปีที่แล้ว +17

      Because the extra borrowing reduces funding available to business and pushes up interest rates for everyone (including business). Also the UK has 2.2T in gov debt, each 1% interest rate rise costs another 22B to finance over the long term, which would lead to yet more borrowing and yet higher interest rates. They were spooked that Truss and Kwarteng just didn't have a clue about this!

  • @bassetts1899
    @bassetts1899 ปีที่แล้ว +8

    She knew exactly what she was doing. The only thing she didn't expect was for her own MPs to turn on her so much. She was fully aware of the economic damage and was intending to "ride it out".

  • @andreasarnoalthofsobottka2928
    @andreasarnoalthofsobottka2928 ปีที่แล้ว +11

    Politicians are not primarily there to make good (economic) decisions, but to get into and remain in power. Brexit was such a move, despite everyone knew how it would turn out.

  • @Silver_Knee
    @Silver_Knee ปีที่แล้ว +23

    There is a moment, when you make so many u-turns that you have to look at yourself, if you're not stuck on a round about.
    That also might explain why you don't seem to move forwards.

  • @Hildreth1101
    @Hildreth1101 ปีที่แล้ว +15

    "The next couple of weeks are going to be pretty Chaotic" - Wait you mean the past few have been relatively orderly?

    • @Xaltov
      @Xaltov ปีที่แล้ว +1

      In comparison yes

  • @carloduroni5629
    @carloduroni5629 ปีที่แล้ว +21

    As we use to say in Milano: She's not going to eat the panettone (panettone being the traditional milanese Christmas cake).

    • @vice.nor.virtue
      @vice.nor.virtue ปีที่แล้ว +2

      I love local phrases like this. It wraps up so much into 8 words *chefs kiss

    • @darran6762
      @darran6762 ปีที่แล้ว

      Interesting, is that because everyone’s too pissed off with them to share the cake?

    • @2Links
      @2Links ปีที่แล้ว +7

      @@darran6762 I'd assume it means she won't make it till Christmas.

    • @darran6762
      @darran6762 ปีที่แล้ว +1

      @@2Links haha yeah that makes a lot more sense

    • @carloduroni5629
      @carloduroni5629 ปีที่แล้ว +1

      @@darran6762 Ah Ah! No, that simply means they "don't get there"! I think that originally meant somebody didn't survive until Xmas but now it applies to anybody deemed not to stay in place for a long time.

  • @theincrediblemd9761
    @theincrediblemd9761 ปีที่แล้ว +10

    Not only did Jeremy Hunt flirt his way into the job, but he even took over as de factor PM !!! 🤙🤙🤙🤙

  • @giantWario
    @giantWario ปีที่แล้ว +67

    I will absolutely never understand the Tories' decision to go with Truss instead of Sunak. Hell, I don't even understand the decision to get rid of Boris either, sure the media and everyone who didn't vote conservative hated him but his approval ratings with his base never actually went down at all. They definitely had a fighting chance with him and they really should have realized that everything the public and media hated Boris for also applied to the rest of them anyway. Not that I'm complaining mind you, but it's so nice to see the Tories self-destruct.

    • @TopazDr
      @TopazDr ปีที่แล้ว +15

      It wasn’t his electoral popularity that had him ousted, it was the constant lying and lack of integrity that forced MP’s and cabinet members to work immorally under him. I’d also rebel in this circumstances

    • @czarkusa2018
      @czarkusa2018 ปีที่แล้ว +12

      Sunak was too honest about how bad he'd be, Truss was better at pretending she wouldn't be herself, Johnson was very evidently himself.

    • @andrewsuryali8540
      @andrewsuryali8540 ปีที่แล้ว +1

      They can't risk not punishing Sunak. If the way to get to the throne is by taking out your own political parent, it'll be Game of Thrones in UK politics for a long time. It's actually good that they took out Sunak because the alternative was hell. Also, by the time things were reaching a decision point, it was pretty obvious to anyone that there was no way the UK was going to get through the next year unscathed by chaotic world events. Truss was picked because she was the most disposable of the rest of the bunch and was always there as scapegoat to take the blame.

    • @jimmahgee
      @jimmahgee ปีที่แล้ว

      MPs understood that Boris had become too tainted in the eye of the public. He lost authority. That’s what keeps happening with these Tory PMs, they lose confidence of their MPs for whatever reason and then put up some other buffoon. The party membership don’t seem to vote on electability, but on who is peddling their lies with most conviction. I can’t believe I’m saying this but at least Boris had the integrity to call a GE. The party have instead given us a PM who, excepting Suella “Swivel-Eyes” Braverman, is one of the least likeable Tory lunatics out there right now. MPs knew it, Sunak was clearly their favourite. It’s the true blue party faithful who have fucked the rest of us with this fiscal toilet water.

    • @giantWario
      @giantWario ปีที่แล้ว +8

      @@TopazDr ...yeah cause I'm sure Tories MPs are not used to lying, not having integrity and working immorally. Once again, everything Boris was ever accused of, most of his party was guilty of as well. Do you think he was partying by himself during Covid?

  • @imsoboredhahaha
    @imsoboredhahaha ปีที่แล้ว +44

    I want a general election in time for my 18th birthday. I’d hate it if it fell before then so I wouldn’t be able to vote

    • @vice.nor.virtue
      @vice.nor.virtue ปีที่แล้ว

      This might be one of the cases (hopefully) where even if you didn't vote, it wouldn't affect the outcome because of the massive landslide. It's like voting in NY, it's not gonna make much difference because everyone knows the state is gonna stay blue forever, anyway.

    • @gemmagreene362
      @gemmagreene362 ปีที่แล้ว +7

      How long do we have to wait for your birthday? Because if it’s anything over a month, you may have to sit this one out.

    • @squizzlygrirrel6227
      @squizzlygrirrel6227 ปีที่แล้ว +1

      remember to register vote then

    • @imsoboredhahaha
      @imsoboredhahaha ปีที่แล้ว +1

      @@gemmagreene362 without giving it away, in the same week as Christmas

    • @holdenennis
      @holdenennis ปีที่แล้ว

      @@gemmagreene362 I think the Tories will do everything they can to avoid an election until January 2025, why would they want to lose their majority?
      Also, I also got to vote on my first elections as an eighteen year old, but as an American citizen in 2020. It was a local election in August and the general election in November. I hope you get to vote in the next election.

  • @bobdigi500
    @bobdigi500 ปีที่แล้ว +9

    I love this new government format of completely messing up, then being told to put things right, then telling us they had to make tough decisions but have put their mistakes right.

  • @Treblaine
    @Treblaine ปีที่แล้ว +5

    "there's no way she could have predicted the response"
    Well, no way SHE could have predicted it, almost everyone else could even most Tory MPs which is a LOW bar.

  • @michelled1475
    @michelled1475 ปีที่แล้ว +7

    Bankers' bonus caps must be kept because they protect everyone's bank accounts; the caps were put in place after the Northern Rock bail out.

  • @wamingo
    @wamingo ปีที่แล้ว +15

    How about a brexit U turn while at it?

  • @patrickwalsh2086
    @patrickwalsh2086 ปีที่แล้ว +19

    It's a constant rolling drama at Westminster!😬😑

    • @deusexaethera
      @deusexaethera ปีที่แล้ว +2

      I misread this as "Westmemester". The internet has ruined me.

    • @vice.nor.virtue
      @vice.nor.virtue ปีที่แล้ว +2

      I feel like the writers of "UK Parliament" are finally up for challenging "US Politics" for most enthralling sitcom.

    • @NAYRUthunder99
      @NAYRUthunder99 ปีที่แล้ว

      @@deusexaethera the Memetrix has you

  • @JC-gu3tj
    @JC-gu3tj ปีที่แล้ว +31

    Loving your content - thank you for cutting through all the spin to give us an informed insight into this mess

  • @IronVicero
    @IronVicero ปีที่แล้ว +12

    They keep changing roles like this, it's gonna cost you a fortune to keep your intro graphics updated

  • @despaterson8918
    @despaterson8918 ปีที่แล้ว +25

    If SNP stay on track with what they have, 45, and the cons lose down to the projected (22), would the SNP end up being the official opposition?
    Interesting video. She’s probably done!

    • @TheSmart-CasualGamer
      @TheSmart-CasualGamer ปีที่แล้ว +3

      Won't the Lib Dems (somehow) still have more? Polls currently have the Lib Dems at 7% and the SNP at 6%.

    • @Moray2023
      @Moray2023 ปีที่แล้ว

      Doubtful. The opinion polls are always filled out mostly by people who are opposing the current government. The SNP will also lose some support to the Alba party as some of their ideals aside from Independence are not popular even amongst independence supporters.

    • @Psyk60
      @Psyk60 ปีที่แล้ว +7

      @@TheSmart-CasualGamer They would probably have a bigger vote share, but far fewer MPs. First Past the Post strikes again.
      The SNP can win a decent number of seats on a low overall vote share because their support is concentrated in Scotland. But the Lib Dems 7% of votes would be spread across Great Britain, so they would probably only get a few seats.

    • @RoseSiames
      @RoseSiames ปีที่แล้ว +1

      @@TheSmart-CasualGamer Honestly a LibDem led opposition was not something I ever expected to see

    • @jamesthomas4841
      @jamesthomas4841 ปีที่แล้ว

      @@Psyk60 ...but they tend to be good at winning targets seats,

  • @winj3r
    @winj3r ปีที่แล้ว +8

    Chances are she didn't made U-turn. She is just waiting for a more opportune time to do it again.

    • @Cunnysmythe
      @Cunnysmythe ปีที่แล้ว

      She won't live to see it as PM

    • @Infinitystar225
      @Infinitystar225 ปีที่แล้ว +1

      That's still a u-turn, she's just planning to u-turn her u-turn later on.

    • @autohmae
      @autohmae ปีที่แล้ว

      yeah, why not, their friends at hedge funds probably want to short the Pound again worked great before

  • @Sagaofsr
    @Sagaofsr ปีที่แล้ว +37

    She’s really earned the title The Iron Weathercock😂

    • @CookingWithCows
      @CookingWithCows ปีที่แล้ว

      Pigeon faced queen killer

    • @vice.nor.virtue
      @vice.nor.virtue ปีที่แล้ว

      Ralph Wiggum hanging off it going "I almost died :D"

  • @caphowdy666
    @caphowdy666 ปีที่แล้ว +3

    I have no love for any politician, especially the conservatives but the fact she used Kwarteng as a scape goat kinda tells you everything you need to know how inept and deceitful Truss is.
    Let's not pretend Kwarteng came up with that budget on his own and was not given the full backing of Truss. Plus if he really is that bad, what does that say about her ability to pick people to put in critical positions in the government?
    She also tried to claim she was elected, when she clearly wasn't. The party was elected and part of that was because a lot of people thought Johnson would make a good leader (yeah, I have no idea how they came to that conclusion based on his past record). She just put herself forward for the position and had more friends than the other candidates. That is not being elected.

  • @ayaansiddiqui4244
    @ayaansiddiqui4244 ปีที่แล้ว +6

    she has to go, a general election must be called.

  • @S374PH
    @S374PH ปีที่แล้ว +3

    came for the news stayed for the battery of shots being fired

  • @marielaveau8761
    @marielaveau8761 ปีที่แล้ว +6

    I hear all those saying that in the interest of stability, Liz Truss must stay on as PM, but to be honest, as it stands she is not in charge, just someone to take orders, and the spinelessness she has shown with her instant U-turns does not suggest stability anyways.

    • @danielwebb8402
      @danielwebb8402 ปีที่แล้ว +2

      Good point.
      Obviously anyone saying before "I don't like her policies, she needs to change them" 3 weeks ago now can't say "Ha, ha. She should resign for a u-turn"

    • @-slasht
      @-slasht ปีที่แล้ว +2

      The only thing keeping her in the seat is that it would look bad to go through the month long replacement process back to back. Looks bad to tell everyone "We have the perfect system to pick the best person for the job" and then immediately saying "Oh this one was bad lets try that again"
      I bet the plan is to have Truss soak up any fallout and have Hunt take credit if something goes right. Then fight the next GE with Hunt and deploy the old "Labour would be chaos y'all" + "Has anyone considered Labour might be anti semitic?" combo. It could work...

    • @danielwebb8402
      @danielwebb8402 ปีที่แล้ว

      @@-slasht
      Antisemitism only arose under Corbyn's leadership. Not really a story before or since.
      I don't think they'd do another leadership process to the members. Would do a quick appointment by MPs only.

    • @PhysicsGamer
      @PhysicsGamer ปีที่แล้ว

      @@danielwebb8402 Unless one considers her to still have a lot of policies that need changing before that point. "This u-turn needs to go further" is still a valid criticism, after all.

  • @davidbrisbane7206
    @davidbrisbane7206 ปีที่แล้ว +1

    There should be a rule that says the party in power can only change its leader once during a term of parliament without the need to call a general election.

  • @PRWolf
    @PRWolf ปีที่แล้ว +1

    Thank you guys for being such a good news source

  • @jouebien
    @jouebien ปีที่แล้ว +4

    stopping public spending has the reverse effect - people are less productive and people spend less which results in less economic activity. In general it's better to play with the tools that grow the economy over making drastic spending cuts which disproportionately effect the most vulnerable. It's basically a major economy handbrake at a time where you really don't want that.

    • @evannibbe9375
      @evannibbe9375 ปีที่แล้ว

      I am certain that Jeremy Hunt can find some managers at the NHS, a few specialist doctors who charge too much for too little service, and a few local historical societies he can kick out of their positions in order to get back the £65 billion over the next few years, along with imposing price controls on rent charged against the UK government by the private owners of the land beneath schools, hospitals, and so forth.
      Since the EU no longer binds the UK on such things as making sure that contracts are satisfied, and that Parliament doesn’t share sovereignty with any other body to check its power, there’s a lot of ways to save money if you are willing to be creative and cutthroat.

  • @danielzhou3975
    @danielzhou3975 ปีที่แล้ว +6

    She won't last long!

  • @Powderlover1
    @Powderlover1 ปีที่แล้ว +1

    Thank you to the UK, you made Americans feel a lot better about our whole situation.

  • @b127_1
    @b127_1 ปีที่แล้ว +2

    Truss 100% could and should have known better. Since when is it news that tax cuts mean more borrowing? It's not like the money magically comes falling out of the sky.

  • @giuseppemichel1512
    @giuseppemichel1512 ปีที่แล้ว +3

    I can't stop laughing about the "merry Lizmas"

  • @sunilmajevadia3865
    @sunilmajevadia3865 ปีที่แล้ว +5

    number 10 gift shop have announced two new masks Jeremy Hunt as the Grim Reaper and Liz truss as a plastic bag so you can pretend to be a ghost

  • @sugarly69
    @sugarly69 ปีที่แล้ว +2

    Bought the premium subscription to help you guys out :)

  • @Dethfeast
    @Dethfeast ปีที่แล้ว +2

    It's been one string of idiocy after another for the Conservatives since Brexit.

  • @juyjuka
    @juyjuka ปีที่แล้ว +4

    Hi,
    did you skip over the abolishn of limits to banker bonuses as you went through the list at around 4:10? It was not u-turned, right? The bonuses are unlimited? That topic feels important to me.
    Greetings
    Juy Juka

    • @1harperaj
      @1harperaj ปีที่แล้ว +2

      Got to keep the oligarchs happy, oh sorry bankers

    • @evannibbe9375
      @evannibbe9375 ปีที่แล้ว +1

      This needs to be the top comment, bankers need limits just as much as politicians do.

  • @hendrx
    @hendrx ปีที่แล้ว +3

    So the new plan is to literally listen to her and do the opposite

    • @SevenEllen
      @SevenEllen ปีที่แล้ว

      Yep. Do everything the opposite to what every Tory MP and PM has ever said, and this country would be amazing today.

  • @geekincoder6435
    @geekincoder6435 ปีที่แล้ว +1

    Another thing to note… there was a discussion in parliament yesterday about an e-petition to bring the general election forward. …only time will tell.🤨

  • @Emanon...
    @Emanon... ปีที่แล้ว +7

    I like how you used the Brilliant ad for teaching people to be better at finance and economics.
    One catch though: Economics is largely a qualitative study of human psychology and behavior, not an actual science.

    • @CountingStars333
      @CountingStars333 ปีที่แล้ว +3

      It is a social science.
      Those are a thing and are necessary for the functioning of policy.
      Society is important. You have no actual science without it.

  • @koyba3747
    @koyba3747 ปีที่แล้ว +3

    Pizza is quite nice

  • @dystop2766
    @dystop2766 ปีที่แล้ว +1

    You said "There's no way she could've predicted what followed". This is incorrect. We all knew this was a disastrous idea.

  • @astridfjord7791
    @astridfjord7791 ปีที่แล้ว +8

    Idk why but recommending a logic's course on Brilliant to politicians is the funniest thing to me

  • @mishapurser4439
    @mishapurser4439 ปีที่แล้ว +2

    Of course she could have predicted what happened, because she didn't cost the budget of course the markets are going to panic.

  • @KamiInValhalla
    @KamiInValhalla ปีที่แล้ว +3

    Right now Truss is wondering why she threw her hat in the ring for party leadership and Sunak is so happy he lost. I initially gave Truss a 6/10. Now I give her a .5/10

  • @tomaslane6018
    @tomaslane6018 ปีที่แล้ว +6

    Man she has it made, when she gets the boot she will still make 115k a year for being a former PM. Actually crazy

    • @L.C.Sweeney
      @L.C.Sweeney ปีที่แล้ว +1

      It's up to £115000 per year to pay for offices ... could you have misrepresented a fact any more?

    • @autohmae
      @autohmae ปีที่แล้ว

      that's nothing, I'm certain she has hedge fund friends in finance who were shorting the Pound.

    • @tomaslane6018
      @tomaslane6018 ปีที่แล้ว

      @@L.C.Sweeney lad I just saw a headline , still crazy she’ll get a penny plus office expenses can be decking anything.

    • @L.C.Sweeney
      @L.C.Sweeney ปีที่แล้ว

      @@tomaslane6018 I don't care. I looked it up and all the sources said it's for up to a year. Not really. Do you know how much PMs get paid? £164,000 plus expenses. I know plumbers who make more than that.

    • @tomaslane6018
      @tomaslane6018 ปีที่แล้ว

      @@L.C.Sweeney congrats

  • @vice.nor.virtue
    @vice.nor.virtue ปีที่แล้ว +2

    This channel is so great. It feels very neat, very informed and very coherent. ...I haven't watched lots of videos yet, but I think it also feels very politically balanced. I haven't noticed it swing specifically left or right yet, which is very refreshing. I wish the BBC were as clever and centrist as these guys!!

    • @evannibbe9375
      @evannibbe9375 ปีที่แล้ว +1

      They are “fair and balanced” to a fault.
      This was clear in their video on proportional representation, where they uncritically took politicians and party chairmen who spoke out against the idea. TLDR news was not self-aware enough in that episode to say directly that the talking points made by the political party chairmen were directly false based on the research TLDR News itself found in the beginning of the episode proving that the opposite was true beyond a reasonable doubt.

  • @ewanmclean6708
    @ewanmclean6708 ปีที่แล้ว +1

    The tangents to get to the spon are getting more and more questionable 😂

  • @phooogle
    @phooogle ปีที่แล้ว +7

    Oh noes they scrapped the 1% drop in income tax. How will I cope without the £2 a week it would have gotten me ! :-0

  • @johnadey9464
    @johnadey9464 ปีที่แล้ว +2

    So the Abolition of the banker's cap is back on, this is a calculated insult to ordinary people, especially since bonuses have doubled since the bank crash (caused by these"best people") when the British people had to bail them out with billions of public money!

  • @professorchris3515
    @professorchris3515 ปีที่แล้ว

    Excellent presentation

  • @Rampart.X
    @Rampart.X ปีที่แล้ว +10

    UK politics needs more women and immigrants.

    • @hmmm3210
      @hmmm3210 ปีที่แล้ว +4

      Troll

    • @giantWario
      @giantWario ปีที่แล้ว +3

      Was that a joke that just flew over my head or did you just not realize that Truss is a woman and that her cabinet was full of immigrants and other women?

    • @benpage5088
      @benpage5088 ปีที่แล้ว

      @@giantWario Yes a joke you tool

    • @hmmm3210
      @hmmm3210 ปีที่แล้ว +5

      @@giantWario He's indirectly saying they failed precisely because of that . He's trolling.

    • @giantWario
      @giantWario ปีที่แล้ว +1

      @@hmmm3210 Dude, you never know on the internet. If you seriously think there aren't some people writing the exact same thing on Twitter right now but who 100% mean what they're writing, you haven't been around on the internet long enough. Only he can say if it was a joke or not, you don't actually know.

  • @prateekbhurkay9376
    @prateekbhurkay9376 ปีที่แล้ว +3

    Greetings, world! I'm here to deny others from saying "First"

    • @theassasinboy13
      @theassasinboy13 ปีที่แล้ว

      Hate to break it to you buddy

    • @prateekbhurkay9376
      @prateekbhurkay9376 ปีที่แล้ว

      @@theassasinboy13 let them make their blasphemous claims.

  • @AdamHurley
    @AdamHurley ปีที่แล้ว +2

    1:50 I think the point is that everyone *but* her and her backers DID predict what happened.

  • @finitekosmos
    @finitekosmos ปีที่แล้ว +1

    She wanted Sovereignty which was a key component of her support for Brexit, then the UK left the EU. It took until her Prime Ministership for her to discover that the Sovereignty she wanted, wasn't held by the EU, it was in fact, held by the marketplace which has dictated to her in no uncertain terms exactly what they thought of her nonsensical economic plan.
    The UK Prime Minister has been shown in front of the world to be not only ineffective, but her ideology has been demonstrated as fraudulent.

    • @autohmae
      @autohmae ปีที่แล้ว

      my guess is she just has a bunch of friends with hedge funds who bet against the Pound and made loads of money, just like Boris's brexit probably.

  • @Jai_hind
    @Jai_hind ปีที่แล้ว +5

    Rishi sunak was way better , only if we chose him as PM. UK is now becoming more Emerging economies than an advanced economy.

    • @SDrtheone
      @SDrtheone ปีที่แล้ว +1

      We didn't get any choice.

    • @ccdsds3221
      @ccdsds3221 ปีที่แล้ว

      I bet him being indian has nothing to do with your opinion...

    • @salvatoremaglione6398
      @salvatoremaglione6398 ปีที่แล้ว +1

      Rishi Sunak. A hedge fund manager who shak3s hands with the WEF. He wants us Brits to own nothing and be happy.

    • @rossmudie9298
      @rossmudie9298 ปีที่แล้ว

      He's a man of colour, the tory institution wouldn't have put up with it, racism is still hugely prevalent in tory politics and voters.

    • @salvatoremaglione6398
      @salvatoremaglione6398 ปีที่แล้ว

      @@rossmudie9298 'racism is hugeley prevalent in tory politics'. Who was the last labour or libdem candidate that was coloured?

  • @ikekwusaviour5022
    @ikekwusaviour5022 ปีที่แล้ว +4

    Sometimes you just have to let go of your fears to catch your destiny... When life gives you a hundred reasons to cry, show life that you have a thousand reasons to smile by investing with a legit platform through an expert Graceland Coach.

    • @calvingarret5793
      @calvingarret5793 ปีที่แล้ว +5

      How can I be part of this project? I sincerely hope to build a strong financial future.

    • @calvingarret9417
      @calvingarret9417 ปีที่แล้ว +4

      An investment in knowledge pays the best interest.
      When it comes to investing, nothing will pay off more than educating yourself. Do the necessary research and analysis before making any investment decisions.
      Thank you Graceland Coach for helping me pass through financial Dispute. My trades with your company are doing exploits.

    • @gracelandseentel2664
      @gracelandseentel2664 ปีที่แล้ว +4

      You gotta grow bigger in mindset and don’t get stock in a particular position of wealth.

    • @calvingarret5793
      @calvingarret5793 ปีที่แล้ว +3

      @@calvingarret9417 Thank you because there are better knowledge I attain from this comments. I will be happy if you lead me the right way.

    • @calvingarret5793
      @calvingarret5793 ปีที่แล้ว +2

      @@gracelandseentel2664 I actually believe because sometimes being afraid of losing, it's actually gives negative thoughts and it weighs every man's life down to be stagnant.

  • @aziris7257
    @aziris7257 ปีที่แล้ว +1

    Why would you give vat-free shopping for non-UK visitors? That's a good source of income. And tourists wouldn't even care whether there is or there is not vat attached to each purchase. Consumption tax is normal these days.

  • @ashleighelizabeth5916
    @ashleighelizabeth5916 ปีที่แล้ว

    As a cousin from across the pond I find this fascinating. Our own politics has grown so chaotic and polarized that it's almost too much to believe. I guess misery loves company...

  • @HairyBookcase
    @HairyBookcase ปีที่แล้ว +3

    First

  • @DefnitelyNotFred
    @DefnitelyNotFred ปีที่แล้ว +1

    Loved the segue into the sponsorship, recommending politicians Brilliant 😂

  • @bbbf09
    @bbbf09 ปีที่แล้ว +2

    @1:50 ....Sorry - you say 'there is no way she could have predicted what followed' in response from market to mini budget!
    Thats exactly (or more or less) what Sunak and everyother economic pundit had been predicting beforehand

  • @BewareTheLilyOfTheValley
    @BewareTheLilyOfTheValley ปีที่แล้ว +2

    Did she pick her chancellor? And even if she didn't, talk about throwing the man under the bus for presenting an economic plan she helped to design! I'm just an American looking in from the outside (nice to have a break from American news and politics), but that's dirty as hell to make the chancellor the fallguy for her bad economics 😅

  • @CADJewellerySkills
    @CADJewellerySkills ปีที่แล้ว +2

    My prediction- they’ll keep Truss in as long as they can get away with so she can take all the heat from the bad decisions Hunt and his paymasters have to make. This will buy Hunt time for when he takes over.

  • @fatalshore5068
    @fatalshore5068 ปีที่แล้ว +1

    Watching conservative govts in free fall warms my heart.

  • @Raul_Menendez
    @Raul_Menendez ปีที่แล้ว

    You can see why the Queen wanted out.
    She didn't want to see the British Carnival Show.

  • @hliasgr-lp7sz
    @hliasgr-lp7sz ปีที่แล้ว +2

    UnSurpisingly they were right

  • @russellcarey2430
    @russellcarey2430 ปีที่แล้ว +1

    At 1:50 "...but there's no way she could have predicted what followed." That's incorrect. It's her job to expect the likely and actual consequences of her cabinet's decisions. It was her job to understand her budget and have a definite idea of how it would be received.
    I have not seen the question put to her, "Prime Minister what did you expect to happen?"
    Of-course she should have expected a bad reaction of the markets to such a bad budget and not put this budget forward. She certainly must be able to talk about what she thought should have been the positive reaction of the markets if she believed in this budget.
    What was she thinking?
    Why did the markets go crazy? She was going to borrow forty five billion pounds to pay ever rising energy bills; give the energy companies a blank cheque, a license to print money. They can raise their bills as much as they like. The government has capped only what households and businesses pay and they have not capped what the energy companies can charge.
    So the government will pay the rest of every energy bill above the cap of two thousand five hundred pounds.
    They were going to borrow billions of pounds in order to fund retail price inflation - escalating energy bills, and to just watch as each pound borrowed bought fewer and fewer kilowatt hours.
    That is a joke.

  • @nicholasthompson2308
    @nicholasthompson2308 ปีที่แล้ว +1

    in a matter of sitting in my 'watch later' playlist for a day and a half, this video has become true

  • @yeti6011
    @yeti6011 ปีที่แล้ว +1

    Keep Britain tidy put rubbish in the bin.

  • @theh5099
    @theh5099 ปีที่แล้ว +1

    At this point Macron will have gole through more PMs than Lizzie went through French President.

  • @rk-lj3sm
    @rk-lj3sm ปีที่แล้ว +2

    How long does it take to get this joker out? It was obvious from day 1 that she was not fit for this role and she was totally incompetent! Rishi won all the TV debate and his theory proved to be right!

    • @PhysicsGamer
      @PhysicsGamer ปีที่แล้ว

      It's not like Sunak would have been _that_ much better. He was still a pretty out there candidate. Remember the cryptocurrency thing? The Tories have gone through four entire PMs over the last few years, and that combined with the countless alienated cabinet members that accompanied them has really done a number on the quality of Tory candidates for PM.
      Honestly, I bet a lot of the concern regarding a potential ditching of Truss is the question of what happens afterwards. Say they replace her with Sunak... a lot of the damage is already done, and there's no way he could pull off the miracles necessary to reverse such a huge blow to the party's credibility. So what's stopping the Tories from being right back in this same spot in six months' time? Do they just replace Sunak with yet another seventh-string option? Who would that even be and what's stopping the same thing from happening to them, too? There's a lot of questions and not a lot of good answers.
      At some point the Tories are just going to plain run out of candidates they can convince even a slim majority of their party to tolerate, let alone support. At which point they'll have to chose between a candidate too moderate for the extreme right wing (trans rights? de-privatization? rejoining the EU?) or so extreme that the moderates decide Starmer is the better Tory and jump ship.

  • @tonylam9548
    @tonylam9548 ปีที่แล้ว

    Why so many British cars have an RPM gauge on the dash? It inform the people how often the gov. change !

  • @jmcewans
    @jmcewans ปีที่แล้ว

    that off centre bindi though

  • @swymaj02
    @swymaj02 ปีที่แล้ว

    Love how ur roasting them with the sponsor.

  • @junahn1907
    @junahn1907 ปีที่แล้ว

    It's good to see the British markets and people rejecting all the Laffer Slope nonsense.

  • @radicaledwards3449
    @radicaledwards3449 ปีที่แล้ว

    No one is flying the plane

  • @hughjass1044
    @hughjass1044 ปีที่แล้ว

    This has got to be the biggest political dumpster fire in a developed country in decades if not ever.

  • @shanematthews1985
    @shanematthews1985 ปีที่แล้ว +2

    Imagine being one of those people who thought we couldn't do any worse than boris
    *popcorn*

  • @benry007
    @benry007 ปีที่แล้ว

    More cuts to government departments?
    We haven't had a pay rise in line with inflation since before the 2008 financial crisis. Every year we get told its a hard year and get either nothing or 1%.

  • @pandaDotDragon
    @pandaDotDragon ปีที่แล้ว

    So basically they don't understand what they are doing 😳

  • @libelldrian173
    @libelldrian173 ปีที่แล้ว

    One thing more stupid than high spending, high taxes is high spending, low taxes.

  • @razabadass
    @razabadass 4 วันที่ผ่านมา

    Thanks

  • @matzmn
    @matzmn ปีที่แล้ว

    Now I know why these leaders are making bad decisions. They are not on Brilliant!

  • @anneaylmer1655
    @anneaylmer1655 ปีที่แล้ว

    She's gone!! She would not condone a U turn. She was probably warned of the consequences if her decisions on the mini budget were not reversed. Pension funds in danger, people with mortgages going into neg. equity, the list goes on. Then to sack her Chancellor in an effort to save herself, just showed her true colours. We all know what is needed, but it was NOT to see the country trashed in one fell swoop. She should not survive this week, let alone this month!!!