Larry Kudlow of Fox News recently noted that Liz Truss’s economic plan for Britain “looks a lot like the basic thrust of [Republican] Kevin McCarthy’s Commitment to America plan.” (9/23/22)
If you haven’t been listening, Liz Truss was the UK prime minister from Sept. 8 to Oct. 20 (the shortest-lived prime minister in UK history). “In her 45 days in office, her central economic plan was ditched, she lost two senior ministers, her poll ratings nosedived, her authority was destroyed, her parliamentary party rose in mutiny, and the UK’s international reputation was left in shreds.” (Euronews, 10/21/22)
Not to mention, in those brief weeks, the British pound plunged to a record low, yields tumbled, and “fears of a housing market crash mounted as UK banks pulled mortgage deals and lending rates skyrocketed … The Bank of England stepped in on Sept. 28 to stabilize markets.” (CNBC, 10/21/22)
When even your Fox News allies say your 2022 plan for America is like Liz Truss’s plan, that should be a chilling message for voters.
(And that’s not even counting the Republicans’ eagerness to dismantle women’s abortion rights.)
I’m not saying I like the Democrats much either, but it seems we need to do anything right now to keep the Republicans at bay.
(For the inspiration to ply this blog back into the perilous waters of politics, I thank Makita Yuki, friend and resident dignitary of Tokyo. May God and the rest of you forgive me.)
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