Boris Reluctantly Steps Down and is Replaced By A New Government and a Period Of Chaos! By Alfred N.Muggins
By David Kirtley
- 437 reads
26/9/22
The eminently forgiveable Boris? Whatever bad rumours Alfred heard about the man and Prime Minister, he just couldn’t help forgiving him! This jovial figure, rising buoyantly above every scandal, could just do no wrong, it seemed!
The worst thing he ever did, according to Alfred, was to pass the reigns of Precious Government to his erstwhile Foreign Minister Dizzy Miss Lizzie Truss, who somehow managed to Truss up the whole country (or nations!) and economy within just 2 or 3 short weeks of taking over! She promoted men (and/or women!) of low caliber, and began to govern the country on a whim and a hunch, rather than on facts and figures, or advice from notable economists and money people with some experience of the real world. Like the Titanic they hit an iceburg, of their own making, very quickly, and the whole economy started going down!
Her selection by the (so called!) ‘sensible’ Tory Party merely underlined their appalling lack of judgement. The Party, in whose hands the economy and business were reputed to be kept safe, was to enter the choppy seas of a debt crisis to further exacerbate the looming cliffs of the Cost Of Living Crisis along with a foreign exchange crisis, accompanied by inflation caused by increased import prices! The Debt Crisis would also mean interest rates would have to rise, thus raising massively mortgage payments for those lucky enough to be able to hopefully buy a house in modern Britain!
Krazy Kwesi Kwarteng, the well spoken new Chancellor, announced his exceedingly generous tax cuts, at a time of massively increasing public spending in order to protect households and businesses from bankruptcy and economic collapse, at the same time putting lots of Public (government) money in the hands of the profit making Energy Companies, who would quite obviously get away with nearly all of their Windfall Profits for future generations, young and old, to pay back, assuming there wasn’t some Debt Crisis and miraculous International write off of Debts. Britain was heading for its own Debt Crisis for the first time for years!
Only the Bank Of England, the Bond Markets and investors could counter this overly presumptuous new Government and put it back in its place. The poor citizens would unfortunately still have to wait for 2 years most likely before they could do anything about changing this ‘off the rails’ trainwreck of a government.
Maybe, it occurred to him, the Tory Party itself might bring some pressure to bear upon them to restore some common sense, decency, and awareness of the economic moment to them. Maybe the Backbenchers, the Party Bigwigs, or the Donors could help put them back on the straight and narrow?
If not it might be a swift call to the streets by the Proletariat, and perhaps a General Strike, as well as a mass refusal to pay for the energy companies exorbitant profits, by withholding payments to them, thought Alfred. It had been nearly a hundred years since they had had one of those, and Alfred thought it was probably now high time they had another one. This Kwesi and Trussed up Government would have to go!
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The mini-budget was madness.
The mini-budget was madness. Tax cuts are fine but NOT unfunded tax cuts! Should be an interesting week with the Sunak v Johnson Showdown. As Graham Norton said... "Sunak for the country's sake; Johnson for f**k's sake!"
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