Liz Truss is to urge world leaders to join Britain in introducing far-reaching tax cuts despite US president Joe Biden pouring scorn on “trickle down economics” ahead of their first bilateral talks in New York.
In a speech to the United Nations on Wednesday, the prime minister will argue the free world must prioritise economic growth to deny authoritarian states like Russia the chance to manipulate the global economy.
However, her embrace of Reaganite economic policy puts her on a collision course with the Democratic president who tweeted yesterday that he was “sick and tired” of the approach, which he claimed had never worked. With video » | Pippa Crerar in New York | Tuesday, September 20, 2022
What an uninformed prime mnster we have! Has she not learnt yet, after all these years, that “trickle down” economics is a myth? It simply doesn’t work. Poor lass! And poor electorate, of course! – © Mark Alexander