Liz Truss and her 2.5% economic growth target: jam tomorrow?

Last Updated: September 16, 2022By Tags: , , , , , ,

Liz Truss and Kwasi Kwarteng have been laying out their stall, and pride of place has gone to their claim that they will create consistent economic growth of 2.5 per cent before the next general election.

This would appear to be an impossible dream, as the Bank of England – whose recent forecasts have all been over-optimistic – is predicting a recession lasting to the end of 2023 (that’s six quarters of negative economic growth).

The best Truss can hope for is an improvement after then, which is unlikely to turn into consistent 2.5 per cent growth – certainly not by the time of an election in late 2024.

And Labour would naturally compare the economy at that time with its condition when she took over – negatively.

Looking forward, the prediction is that Truss will do what Tories always do – say Labour would wreck everything and that if we just vote “Conservative” one more time, we’ll all see the benefits.

Here’s a video clip to explain it all further:

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One Comment

  1. Martyn Meacham September 16, 2022 at 7:12 am - Reply

    Just more tory, self indulgent b*llsh*t!

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