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from the it's-OK,-she-hasn't-finished-unpacking-yet dept.
UK Prime Minister Liz Truss resigns after failed budget and market turmoil
U.K. Prime Minister Liz Truss resigned Thursday following a failed tax-cutting budget that rocked financial markets and which led to a revolt within her own Conservative Party.
Truss said in a statement outside Downing Street: "We set out a vision for a low-tax, high-growth economy that would take advantage of the freedoms of Brexit."
"I recognize though, given the situation, I cannot deliver the mandate on which I was elected by the Conservative Party. I have therefore spoken to His Majesty the King to announce that I am resigning as leader of the Conservative Party."
The party is now due to complete a leadership election within the next week, faster than the usual two-month period. Graham Brady, the Conservative politician that is in charge of leadership votes and reshuffles, told reporters he was now looking at how the vote could include Conservative MPs and the wider party members.
Truss was in office for just 44 days, on 10 of which government business was paused following the death of Queen Elizabeth II.
Live updates: BBC, The Guardian, CNN, NYT.
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Liz Truss (Wikipedia).
(Score: 5, Insightful) by Anonymous Coward on Thursday October 20 2022, @04:30PM (2 children)
Now kick all the rightwing sycophants who want to give the wealthy MORE MONEY while destroying the very needed public institutions like education and healthcare.
Rightwingers are the lamest form of pure evil. Greed turning somewhat normal people into making decisions that literally destroy and kill society. Like the initial US response to COVID, the GOP and rightwing media are complicit in hundreds of thousands of deaths.
Ari/APK please stay on topic for jani's test of the AC system.
(Score: -1, Offtopic) by Anonymous Coward on Friday October 21 2022, @07:39AM
Wake me when it's time to eat the rich.
(Score: 3, Interesting) by bzipitidoo on Friday October 21 2022, @07:26PM
1st, LOL @ Liz. Actually tried to deliver on the sick fantasy that more wealth inequality is good. Reagan tried a similar stunt in the US in the early 1980s, and was forced to back away when the economy immediately started a fast downward slide. Liz got frogmarched away from that program, right out of office. Should've kept that all talk and no substance. I tell you, politicians these days, can't even lie with skill and effect, they've become so dreadfully inept.
But yeah, what to do about all these far right fools and tools? They've had far too much success lately, in the US, Britain, Brazil, Turkey, Hungary, and Russia, to name a few places. In the past, it's been all too easy to manipulate rival groups of bigots into fighting one another, and bleed them all. Lot harder to do that now, with nukes in the picture. It seems the only thing holding them in check is that they are a minority, barely. Some things I've read lately suggest it's a sort of natural proportion. In every population, about 20% are authoritarians, and a further 25% or so can be scared into authoritarian behavior with suitable fearmongering. That's frightfully close to 50%. The unstated assumption is that that proportion is fairly fixed. But what if that assumption is wrong?