Liz Truss, who has been in power for less than a month, went to her first convention as party leader as many called for her head due to the financial storm caused by her economic plan. Fortunately for him, another Tory leadership election would be very embarrassing for the party.
Compared to the previous very low repayment, British landlords who now pay up to six per cent in housing interest will find it hard to forgive him and his government for the financial hit. But Truss – acknowledging that his policy has caused confusion – said: Sticking to the status quo is not an option, and you have to stick to the line. The trend is: taxes must be reduced, even at the expense of compensating budget funds lost from debt.
According to Truss, it would “launch Britain, weather the storm, and make it a stronger nation.” He said that those who resist this and those who oppose it is the “anti-growth coalition”.
He listed opposition parties, “hard-line trade unions”, some think tanks, and extremist environmental activists among what he called “enemies of business”. Greenpeace personnel attempted to obfuscate the speech.
They would rather protest than do something. They would rather chat on Twitter than make tough decisions. They take taxis from the liberal intellectual quarters of North London to BBC studios to resist anything that encourages change. From their broadcasts to their podcasts, they repeat the same old answers “.
But the truth was that his party – and not exactly its liberal members – opposed his policies. was in the aftermath
In the early days of this week’s conference, he had to make a couple of cases about flipping and withdrawing, say, the planned tax cuts for the wealthy.
The party’s rebels may show their white teeth in Parliament when it meets next week, next time because they suspect Truss will cut social benefits in real terms, which he does not want to adjust to rising inflation. It could cost them seats in the next election, which many Tory MPs don’t want to give up – even if they could be suspended if they vote against the government.
Truss was able to close the conference without any embarrassing scenes to applause. His supporters say he has bought time and can win over his skeptical MPs. But there were also those who said that he “sounds the strings that no one is paying attention to. Voters don’t want economic growth, they want its consequences. But he talks about it in a way that no one understands.”
The Bright Blue Centre, an analytical center linked to the liberal wing of conservatives, called his government “amateur and immoral.” On the other hand, the former chief Brexit negotiator, Sir David Frost, said his vision is good, and he has to discuss it constantly and choose the battles he can win. But the pound fell more than 1.3 percent against the dollar in the wake of the speech.
Opening photo: MTI/AP/Kirsty Wigglesworth