Wednesday, October 12, 2022

Liz Truss says she will 'absolutely' not cut public spending despite warning of £62bn shortfall. Disappointing!

The new Prime Minister quickly turns out to be as erratic as her predecessor Boris Johnson! She fails more and more to compare favorably with Margaret Thatcher!

Of course, in times of price inflation, government spending needs to be cut! Too high government spending for too long and imbalanced government budgets are too often the major cause of price inflation!

"The prime minister insisted she was "absolutely" not planning public spending reductions, but vowed that taxpayers' money would be used well."

Liz Truss says she will 'absolutely' not cut public spending despite warning of £62bn shortfall | Politics News | Sky News Liz Truss has pledged not to cut public spending to balance the books in her first PMQs since the chancellor's contentious mini-budget - despite a leading economics-focused think tank warning the government is billions short of the sums needed.

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