George Bush was a President tarnished by the financial crisis and the failure of the Iraq War. Elected on the promise of a Conservative revolution akin to the 1980s, Bush vowed to shrink the state further and he failed in this goal. Pursuing Keynesian economic policies, the deficit exploded as his tax cuts were unableContinue reading “Failure of Bush Tax Cuts”
Tag Archives: truss
Failure of Trussonomics
What promised a refreshing start for Britain has since ended in disaster. Truss campaigned to revitalise our stagnant economy, ripping back regulations, and transform Britain from a high-tax, low-wage economy to one of low taxes and prosperity. The markets rejected a wholly un-conservative budget from Kwasi Kwarteng, leaving a collapsing pound and forcing the BankContinue reading “Failure of Trussonomics”
Liz Truss: Supply Side Reform
A vicious leadership contest has culminated with Liz Truss’ accession to the premiership. Promising radical reforms to the British economy, Truss represents a stark contest with the establishment candidate, Rishi Sunak. With pledges to radically cut the state, addressing the struggling supply side of the British economy, Truss represents a breath of fresh air fromContinue reading “Liz Truss: Supply Side Reform”
Tories and Taxes: Leadership Election
Amidst the Conservative leadership contest are a plethora of tax proposals. Ranging from a continuation of the fiscal conservatism in reigning in borrowing, to tax cuts amounting to over £30 billion. At a time of economic ruin with inflation reaching record highs and economic growth stagnating, a credible economic platform is required to battle theseContinue reading “Tories and Taxes: Leadership Election”
