On Thatcher Lite

By all accounts, Liz Truss does her best to look and sound like Margaret Thatcher. Tax cuts, deregulation, and bashing unions and the EU will be the order of the day.

The problem is that Truss is 40 years too late. There is nothing left to privatize–Thatcher and her successors took care of that. There are no domineering unions–crushing them was Thatcher’s biggest accomplishment. Public investment was squashed during the Cameron/Osborne years. And picking fights and starting trade wars with your closest and most important partner doesn’t sound like a great idea at a time of crisis unless you are only interested in creating distractions–not solving problems.

I just don’t see how this is going to work. Unless Truss does a U-turn (the one her role model famously refused to do) very early in her tenure, all hell is going to break loose in the UK. The political consequences of this will be, at an absolute minimum, the loss of virtually every Conservative seat in areas that were supposed to be “levelled up” and the emboldening of the SNP.

But cheer up, UK readers: at least you have stumbled on the solution to your immigration problem. Who is going to want to live in the UK under these conditions?