I saw a two-minute clip of the shambles on the BBC webpage - that is enough for me in this waste-of-time sideshow - and I have to say, I couldn't believe how rude Sunak was, talking over and interrupting Truss. He is an entitled boor and bore. I think Truss' tax cuts using economist Minford's (_sp?) paradigm could work. The tax cuts are simply funded by higher interest on debts and savings - thus increasing in investments - and 'zombie' firms relying on low to zero interest penalties being too sluggish to be productive because there is no incentive to earn, interest-wise (although, of course, earned interest is taxable). The problem I foresee with this model is that it fails to appreciate that the UK is a credit -led economy, with the average household debt - excluding securities such as mortgage - being £8K per person. Truth is, whilst the savers would love more interest, unfortunately, I can't see how the average household is going to cope if they are in debt and are now facing ridiculous energy bills, not to mention inflation putting a kybosh on spending.
The other issue is education. Both claim to come from humble beginnings (see article about this int he Guardian) yet Sunak ignores the fact that even if parents 'sacrifice' and 'work hard' there is still only about 5% who could afford the £46,000 pa fees needed to go to the school he went to,, even with the 30% off scholarship, which Sunak got. Who is Sunak kidding? However, it is true that people in the UK are so used to the class system they just don't see themselves in it.
I think this is what Truss was touching on when she said her comprehensive school let kids down. Yes, it was under Tory rule the whole time but inherited the class-infested system that meant a second-class education compared to people like Sunak, who come out the other end brightly polished and affable. The irony is that when Wykeham founded Winchester, it was meant for country boys such as himself and the landed gentry excluded, as presumed to be expecting inherited wealth so didn't need the same schooling - and anyway, they had private governesses and tutors. Winchester was also a feeding school for Oxford New College founded by Henry IV (_? iirc). Eton was founded similarly. Of course, the plebs have been elbowed out, making a mockery of the original term, 'public school'. As long as people can buy their way into the establishment, then there will always be the self-entitled affables like slick Rishi who belief being PM is their natural right and kid themselves and others that they 'did it through hard work'.
