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.
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
5. Truss claimed said she had reduced taxes for millions
6. The IFS found for every £1 given to workers in tax cuts, £2 was being taken via a freeze in thresholds
7. And the Telegraph reported the tax burden had risen £21 billion
8. The govt insisted windfall taxes would damage energy companies and prevent them from doing essential investment
9. The boss of Shell Oil – Truss's former employer – called on the govt to impose a windfall tax on them and said it wouldn't affect investment
10. On a roll – or perhaps crack, it’s hard to tell - Truss then claimed she was the first Prime Minister to go to a comprehensive school
11. She isn’t even the first female Tory PM of the last 5 years to go to a comprehensive school (May's school was a comp when she was there)
12. Truss refused to confirm she trusted Kwarteng
13. Kwarteng clearly has personal concerns about the job market, and claimed Tories inherited record unemployment from Labour
14. They didn’t – it was 7.9% in 2010, compared to 10.7% under Major, and 11.9% under Thatcher
15. The next fiscal event being left on our doorsteps was due on 23 Nov
16. The govt brought that forward to calm markets
17. Then Kwarteng rattled the market again by forgetting he’d brought the date forward
18. Kwarteng then blamed the cock-ups on the Queen being dead
19. Truss said “I grew up in the 1980s, which were characterised by boarded up shops, people with no hope turning to drugs, families struggling to put food on the table. And that's why we need to get back to Thatcherism”
20. Thatcher was in charge when all of that happened
21. Truss's brain is like a dazzlingly high-tech stealth weapon: impossible to detect, but still capable of inflicting enormous damage
22. She went on to say she wanted to “stabilise the markets”
23. In 2018 a seemingly completely different Truss said “I embrace chaos”.
24. That version of Liz Truss must be over the fucking moon
25. Truss – seemingly in battery-saving mode – promised the conference “growth, growth, growth”
26. The pound immediately dropped, gilts rose, the FTSE fell, and the UK’s credit rating was downgraded to “negative”
27. But at least Jacob Rees-Mogg – the precise physical intersection of a cursed dildo and the concept of gout – has plans for nuclear power
28. Unfortunately his plans are: use nuclear tech that doesn’t exist, and reduce safety measures for nuclear tech that does exist
29. Then it was discovered he’d been “seeking to evade scrutiny” of fracking
30. Downing St sources called his plans “half-baked” and “unworkable”, which will come as a shock to everyone familiar with the “research” done by the former head of the European Research Group
31. JRM said “if people want to call me Tory scum, I don’t mind”. Over to you, twitter!
32. Even after the tax U-turn, the richest people still gain 40x more than the poorest
33. A report found 330,000 deaths linked to austerity, so the govt said: more of that, please
34. Corporation Tax cuts cost £18.7 bn, and the Kwarteng confirmed £18 bn of cuts to public sector
35. So it’s a direct transfer of wealth from the poor to corporations
36. £18 bn is £3600 every hour for 558 years, taken from the poor and handed to the rich
37. The 10 most common reasons a lawyer is disbarred include: misleading people, moral turpitude, and being unethical.
38. Suella Braverman, a lawyer, “justified” cutting benefits by misleadingly claiming people “choose to top up their salaries” with welfare.
"Choose to".
39. Braverman, also claimed to have “contributed” to a legal textbook
40. The book’s author says she “made no written or editorial contribution”, merely did some photocopying for him
41. She the revealed an asylum plan that the UNHCR says breaks international conventions
42. Braverman – who is what happens when a Horcrux gets into a guinea pig – waxed lyrical about shoving the most desperate people on earth onto a plane and flying them to a detention centre in Rwanda. “That’s my dream. That’s my obsession”
43. Senior Tory backbencher Roger Gale called it “a childish re-write of failed UKIP soundbites”
44. Nadine Dorries was dragged away from a fight over the outcome of a meat-raffle long enough to say Truss had “lurched to the right”, has “no mandate”, and should call an election
45. Truss blamed it all on Kwarteng
46. So Gove attacked Truss
47. Then Badenoch attacked Gove
48. So Mordaunt attacked them all
49. Then Braverman attacked Truss
50. So Simon Hoare and Badenock both attacked Braverman
51. These squabbling wangs are our government
52. Lee Anderson – a physics-defying vacuum which actually *repels* ideas – said the economy will only have a “big problem” when Wetherspoons are empty
53. Wetherspoons warned of £30m losses, and put nearly three-dozen pubs up for sale
54. The belligerently awful Andrea Jenkyns said, “we want universities to be bastions of free speech, not pushing critical race theory”
55. So free speech, but only if it coincides with what Andrea Jenkyns’ thinks. Assuming she does.
56. She went on to claim people were getting a degree in Harry Potter Studies rather than construction
57. 245000 students are studying courses related to construction. The number of students taking degrees in Harry Potter Studies is precisely [ checks notes] zero
58. Miriam Cates told a fringe event that further education should be cut back to “stop young people being indoctrinated”
59. Schools and hospitals have been told to find £11 billion of cuts, and I'm sure that's drawing millions of students to the Tory cause
60. More health news: and having learned lessons from Covid, Thérèse Coffey rejected scientific advice and cancelled 70,000 doses of Monkeypox vaccine
61. Meanwhile David Davis – so good they named him once – said we should replace the NHS with a US-style insurance-based system
62. Truss’s favourability ratings are now lower than the worst ever scores for Boris Johnson or Jeremy Corbyn ... and she’s only been in the job 30 days
63. Let’s wrap up our visit to the Tory's annual fuckwit jamboree, which started badly and ended worse
64. Several people at a party celebrating LGBT diversity amongst Tories had to be removed from the event after using homophobic slurs
But it's tough time for everyone, so - if you can - I'd prefer you to make a donation to your local foodbank or via @TrussellTrust. Your generosity will help somebody in real need. Thanks
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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.
"Meticulous, brilliant, unstintingly splenetic... Our great-grandchildren will place it alongside Pepys, whose diary they will, correctly, judge much, much less funny"
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
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.