Emmanuel Macron was the great liberal hope for France and Europe. How did it all go so wrong?
An interesting perspective and one that I recognise having lived and worked in France. This did amuse me
It was a programme of unfunded tax cuts for the wealthy that the Macronists wrongly assumed would increase economic activity and therefore the tax take. According to Macron’s own economy guru, “this was not a bad strategy, but it didn’t work”.
https://www.theguardian.com/commentisfree/2025/jan/02/emmanuel-macron-liberal-france-europe
#Macron #France #Trussonomics
I know its still hard for most to get an understanding of how massiv the #Trump win will fuck up the American (and Global) #Economy.
But try to imagine #Brexit and #Trussonomics on the scale of a continent.
A Ferrari has sold at auction in New York for - FORTY-TWO MILLION DOLLARS.
Yet more evidence that oppressive taxation rates are impoverishing the obscenely wealthy. Not.
Liz Truss to host ‘growth rally’ on fringe of Tory party conference | Liz Truss | The Guardian
https://www.theguardian.com/politics/2023/sep/28/liz-truss-to-host-growth-rally-on-fringe-of-tory-party-conference
Catching up with last Wednesday’s #TheRestIsPolitics #podcast from #Goalhanger, with Alistair Campbell and Rory Stewart. In this episode: we’re one year on from the disastrous experiment labelled #Trussonomics; #Putin’s (past) plan to get Europe hooked on Russian oil; the #UN, and other topics. https://open.spotify.com/episode/1IiyRkmOfXZjjXs2AUbFVO?si=wVJW7_BmTlygVqw5n1HKgA #Spotify
THINK TANKS CAPTURED BY THE LEFT? WHAT IS SHE TALKING ABOUT??? #LizTruss #Truss #Trussonomics
Liz Truss backers in City 'made small fortunes shorting the pound', report claims
25th September 2022
LIZ Truss-supporting investors made “small fortunes” as the value of the pound plummeted following the radical Conservative budget a report has claimed.
TRUSS TO BE BILLED FOR MISSING ITEMS
The items include bathrobes, slippers, and the country's entire cash reserves. From the new Private Eye, out now.
#PrivateEye #Truss #Trussonomics
#Conservative policies going well in the #UK , especially the impact of #trussonomics :-
'Brits need to accept they are now poorer, Bank of England chief economist says'
https://www.cnbc.com/2023/04/26/bank-of-englands-huw-pill-says-brits-need-to-accept-were-all-worse-off-.html
Yorkshire Bylines
Lords of the lies: Brexit propagandists could get peerages in Truss honours list
The men behind Trussonomics and Brexit, the two great man-made catastrophes of recent years, are to be honoured for their ‘great work’
Lords of the lies: the men behind Trussonomics and Brexit, the two great man-made catastrophes of recent years, are to be honoured for their ‘great work’ | Anthony Robinson
#Trussonomics #Brexit #Honours #Brexit
https://yorkshirebylines.co.uk/news/brexit/lords-of-the-lies-brexit-propagandists-could-get-peerages-in-truss-honours-list/
Good to see that the anti-growth coalition has finally been unmasked for the marxist coven that it is!
#uknews #ukpolitics #trussonomics
How far to the right do you have to be to believe the "economic establishment" is left wing?
What is perhaps the most amazing about Truss' bout of paranoid delusion is that it is being given front page prominence by a so-called quality paper, and wide-spread coverage in the rest of the media, as if this was in anyway serious and worthy of consideration
#uknews #ukpolitics #trussonomics
Liz Truss: I was never given realistic chance to enact tax cuts
No Liz, you tried to enact a range of unfunded tax cuts while committing to spend an obscene amount of money subsidising energy companies while inflation was climbing to a 40-year high.
I'm a big fan of cutting taxes, but this was an utterly insane plan. I knew it. The markets knew it. The only people who didn't know it were the #Tory membership. #trussonomics #UKPolitics
#ConservativeParty "the economy grew last month"..rah rah rah....#trussonomics
BBC News - Cost of living: Charity warns Christmas debt could take years to repay
https://www.bbc.co.uk/news/business-64235996
Sebastian Payne @financialtimes suggests that #Trussonomics is the 'word of 2022' which he defines as:
'(noun) a radical programme of libertarian free-market economics based on unfunded tax cuts. To be handled with great caution'.
We might also hope that it represents peak-influence of the #thinktanks at 55 Tufton St. as having got what they always wanted - their person in No.10 - they spectacularly failed by the very measure they claim all things must be judged by:
the #market!