Liz Truss: Failed Tax Cuts.

Tax cuts moderate concerns

Aftonbladet opening page He is an independent social democrat.

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It might be one of the most dramatic political upheavals we’ve seen in a very long time. When the new British Prime Minister Les Truss The week started with the government’s first budget draw, it wasn’t just a little dog we saw. The head of government and its finance minister, Kwasi Quarting, was like a little St. Bernard’s dog.

In essence, of course, the government in London made the right decision. Targeted tax cuts for the country’s richest people are not good policies when the state simultaneously borrows money and ordinary people are forced to choose between heating their homes or buying food. Especially when plans erode the value of the pound, driving up inflation and forcing the Bank of England to bail out government bonds.

“We understand and listen,” Kwarteng wrote on Twitter.

You might say it’s time.

They wave the responsibility away

For his part, the Prime Minister tried to abdicate his responsibility.

“It was a decision by the finance minister,” she said on Monday, undermining perhaps her most important minister.

Back to square one? Perhaps it is not so simple.

The truth is that the new government tried to tackle the problems of British society in the same way that the Conservatives have always faced problems, by cutting taxes. As is often the case, those who already had the most would also have had the most.

obvious arrogance

Perhaps Ulf Christerson’s plans are not as impressive as those of his British colleague. Swedish moderates such as Elisabeth Svansson and Mats Green have some way to go before they can act with the apparent arrogance of the English elite. Basically, the problem is still the same.

Ulf Christerson went to the polls on broad tax cuts. And he did so in a situation where society needs all the resources to avoid extreme poverty among the most vulnerable. In addition, the policy will counter Riksbank’s attempts to lower inflation and raise interest rates.

Christerson has a chance to avoid the fiasco that Liz Truss suffered. He could withdraw proposals for tax cuts already in the ongoing government negotiations.

The only question is whether conservative compulsive behavior allows it?