Russ Jones Profile picture
Oct 4 7 tweets 2 min read
Thoughts about Truss 🧵

She wants to be seen as a radical, but doesn't have any radical ideas - merely destructive ones.

She wants to be seen as tough, but is just spectacularly brittle, blown about and shattered by every gust of political wind.
And she persuades herself she's a fresh thinker, but all she really does is listen to demonstrable facts, then mindlessly do whatever is the opposite and claim it's "being original".

It's childish contrarianism, masquerading as innovation, and fooling nobody.
And she has no hinterland. Only 50 MPs backed her in the 1st round of the leadership. 59% of members voted for her, but that's not a resounding majority, and it's evaporated now. No popular mandate. Cabinet discipline gone. Donors abandoning her. Markets lost all trust. Alone.
But despite her maniac instincts, her party - equally mad though it is - still has enough people with a sense of self-preservation to restrain her. And now she's de-fanged.

So her premiership will be awful, but less awful than it could have been if the budget hadn't blown up.
If the budget had gone as planned, she'd be riding high and have the swaggering confidence of a virtuoso dingbat. And she'd barge mindlessly ahead with 100 idiot ideas - which now she can't, cos her MPs will (somewhat) prevent her wildest spasms. Still shit, of course.
I think she'll sack Kwarteng (soon), attempt to place all the blame on him, and have a "reset". Then try to stumble on, a policy void with no support or trust.

But I think her MPs know they can't have ANOTHER new leader without a GE ... which they're terrified of.
So I think they'll delay a General Election for as long as possible.

I may be wrong - events could change all of this rapidly - but my gut feeling is that we're stuck with a Zombie Truss, barely leading a chaotic, ungovernable government until 2024.

Pint of tequila, anyone?

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More from @RussInCheshire

Oct 6
Drink heavily, buckle up, and let's get started with a visit to the Tory Party Conference, where the most dense things in the known universe are packed into one room, and we all pray it reaches critical mass and explodes.

Yet another #TheWeekInTory
1. Liz Truss – ITV4 made flesh – got dressed up as a fictional fascist to present her List Of People Who Disagreed With Me, and are therefore enemies

2. No news yet on whether the "enemies list " included Liz Truss from the previous day, who believed in different things
3. In her speech to the Insane Clown Posse, Truss said there was "no alternative" and "I am ready to make the hard choices"

4. Barely 24 hours earlier she'd switched to an alternative because the hard choices were too hard
Read 28 tweets
Oct 3
#TheWeekInTory
1. Our new PM, Margarine Thatcher, said she was "absolutely committed" to cutting tax for the rich

2. Then she cancelled tax cuts the rich

3. Truss boasted she was prepared to make unpopular decisions

4. But her decisions were unpopular, so she cancelled them
5. Truss was asked “How many people voted for your plan”, and replied…

6.

7.

8. [ profound silence ]

9.

10.

11. … “What do you mean by that?”
12. Thatcher famously said “The lady’s not for turning”

13. Truss has done 8 U-turns since she began her leadership campaign

14. She rotates so often, she’d be more useful if you painted “MOT” on one side, “TEST” on the other, and stuck her on the pavement outside Kwik Fit
Read 32 tweets
Sep 30
Second #TheWeekInTory in 4 days cos ... oh god you know why

1. KamiKwarzi Kwarteng supports crypto so much, he’s turned Sterling into a new one called Shitcoin

2. He fulfilled his promise to wipe out Stamp Duty by making it impossible for anyone to get a mortgage anyway
3. These exuberantly stupid inanities had named their policy "Operation Rolling Thunder" after the American offensive in the Vietnam War

4. Despite his History PhD, Kwarteng seemingly wasn't aware how that worked out for the USA, but he's learning fast
5. To help enlighten him, international markets began describing UK as being like a “developing country”

6. The £ dropped to the lowest level for 200 years

7. UK gilts fell 25%, the worst drop since WW2

8. Govt borrowing cost rose to the highest level for half a century
Read 36 tweets
Sep 29
To borrow from Hemingway, governments fail "Gradually, then Suddenly".

This is the Suddenly.

My new book explains the Gradually: the decade of hysterical farce that led to this.

Here are some reviews in a thread of shameless self-promotion...

1/6

unbound.com/books/the-deca…
"Meticulous, brilliant, unstintingly splenetic... Our great-grandchildren will place it alongside Pepys, whose diary they will, correctly, judge much, much less funny"

– Howard Goodall, composer and broadcaster

waterstones.com/book/the-decad…
"A wickedly funny, furious, fast-paced romp through a decade of governmental failures"

– Rosie Holt, actor and comedian

amazon.co.uk/Decade-Tory-in…
Read 6 tweets
Sep 26
#TheWeekInTory

1. We begin with our new leader, Margarine Thatcher, who in only 3 weeks has become PM, finished off The Queen, taken 2 weeks away from work, ruined our relations with the US, crashed the economy, and started backbench rebellion to remove her from office
2. Having performed 4 cowardly U-turns during her own endless leadership campaign, Truss now seems to now think was is the key to her success

3. So she unthinkingly announced she’d be accompanying the new (yet also very old) King on his tour of Britain
4. She then bravely announced she wouldn’t be doing that at all

5. And then she boldly claimed she’d never said she would

6. Having demonstrated her lack of brain and courage, the PM completed her Wizard of Oz impression by introducing us to her missing heart
Read 39 tweets
Sep 26
Long (long!) attempt at joined-up thinking about how the country could resolve many of its issues, revitalise democracy, return power and agency to regions, improve our economy, and transform into a green, higher-skilled nation.

(I've said some of this before - apologies)
We have a crisis.

No, let me correct that. We have about 40 crises, almost all of them emerging from the same fundamental political idiocy: lack of investment, and an dumb faith that low tax and a feral market will solve everything.

40 years of it. Look at the result.
George Osborne promised his corporate tax cuts and shrinking the state would revitalise the nation, create growth and raise wages.

He did it every year from 2010-2016.

And every year from 2010-2016 he cut his growth forecasts, wages and £ fell, and we slid into despond.
Read 51 tweets

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