Trussonomics: what went wrong?
Chopper's Politics
The Telegraph
4.2 • 864 Ratings
🗓️ 29 September 2022
⏱️ 37 minutes
🧾️ Download transcript
Summary
Julian Jessop, Economic Fellow at the Institute for Economic Affairs, joins Christopher Hope to talk about what went wrong for Trussonomics, and why he believes it's a case of fleshing out the plan, not about doing a U-turn.
Also on the podcast, Restore Trusts' Zewditu Gebreyohanes takes Chopper through her concerns about the National Trust and why it's not just a case of a 'war on woke'.
Plus the Telegraph's own Maighna Nanu on the point of party conferences when the country is in crisis.
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Transcript
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| 0:00.0 | I'm Christopher Hope, Chopper to my friends, Associate Editor at the Telegraph and welcome to Chopper's Politics Podcast. |
| 0:07.0 | Well, after a week in hiding, when the pound tanked and many of us worry about our mortgages and pensions, our Prime Minister Liz |
| 0:15.2 | Trust has finally broken cover. Where else but BBC Local Radio where she |
| 0:20.9 | tore the studios on Thursday morning to defend the controversial and difficult |
| 0:26.7 | decisions she said she had had to make with Chancellor Quasi Quatang to get Britain's economy growing again and it's safe to say didn't go fabulously well. |
| 0:38.6 | I am really glad that you are here as well because since Friday |
| 0:46.1 | since your Chancellor quasi quarting's mini budget the pound has dropped to a |
| 0:50.9 | record low the IMF has said that you should re-valuate your policies and the Bank of |
| 0:55.9 | England has had to spend 65 billion pounds to prop up the markets because of what they |
| 1:01.4 | describe as a material risk. |
| 1:04.0 | Where have you been? |
| 1:06.0 | Well, I think we've got to remember the situation we were facing this winter. |
| 1:11.0 | No one can deny you enter Downing Street with a difficult job |
| 1:13.8 | on your hands but you've made the situation worse so far haven't you? Let's remember |
| 1:18.8 | the situation we were facing when I entered Downing Street. |
| 1:22.6 | I'm going to just blaze on into the questions. |
| 1:25.8 | Lots from my listeners this morning. |
| 1:27.8 | Karyin Birchington says, what on earth were you thinking? |
| 1:31.0 | The country was already in a state of recession another says how can |
| 1:34.6 | we ever trust the Conservatives with our economy again and Lydia says are you ashamed of |
| 1:39.2 | what you've done are you? I think we have to remember what situation this country was facing. |
| 1:47.3 | We were going into the winter with people. |
... |
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