Inflation is at 10% and set to reach 13%, taxes are the highest for 70 years, according to Truss, interest rates are going up as are food prices. Energy prices are rising so steeply that thousands of businesses will find it difficult to survive and many will fail.
The cost-of-living crisis for those with limited means are set to make their lives almost impossible. The railway workers, the post office workers and the employees of Folkestone container port are just some of the unions going on strike and there are many likely to follow them.
Truss's plans to cut taxes now have been roundly criticised by the IFS, the OBR and others. She has said that she will confront the EU over the UK's illegal refusal to abide by the NI Protocol which is likely to risk a trade war with the EU which provides 40% of our food. She also wants to legislate against certain industrial action making strikes illegal. This would almost certainly lead to a catastrophic General Strike.
Truss's government is likely to be even more right-wing than Johnson's and may even include the almost impossibly deluded and incompetent David Frost (aka Lord Gormless) It is perfectly clear that Truss does not have a clue beyond talking about Turbo-charging the economy, 'Unleashing' British business whilst promising she will 'deliver, deliver, deliver' whilst claiming she 'Get's Things Done'
