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The Owen Jones Podcast

Trussterf*ck: Why Liz Truss' Biggest Disasters Are Still To Come

The Owen Jones Podcast

Owen Jones

Politics, Government, News & Politics, News

4.41.4K Ratings

🗓️ 16 October 2022

⏱️ 70 minutes

🧾️ Download transcript

Summary

Liz Truss has already had the most disastrous record of any new British prime minister: after a mini budget which promised a massive raft of tax cuts to the wealthy plunged the economy into turmoil, she's thrown her Chancellor under a bus, u-turned on her policies and appointed Jeremy Hunt. But Hunt is a passionate cheerleader of austerity and has already committed to spending cuts - after years of slash-and-burn economic policies have devastated public services. Is Truss going to survive - and what does a return to cuts mean for Britain's society and economy?


We're joined by New Statesman Senior Editor George Eaton economist and writer James Meadway to talk it all over.


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Transcript

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0:00.0

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0:03.2

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0:04.3

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0:11.8

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0:15.0

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0:16.9

Some shows may have ads.

0:18.0

Hello, hello, hello, welcome to the show.

0:30.5

British politics, or specifically the conservative party.

0:32.8

I'm trying to work out if it was a genre of film.

0:35.2

Which I think at the moment would be kind of like an apocalyptic film,

0:37.9

like 20 days later, set to a Benny Hill sketch.

0:41.2

Because it is in one sense, look, you don't have to have a heart stone.

0:45.6

Conservative party in power for 12 years.

0:47.6

Because immense incalculable damage to the social fabric of the country.

0:52.8

And it's finally come crashing down.

0:54.8

The problem is it's quite a lot of classile damage.

0:56.7

And by classile damage, I mean you, because obviously the British people have to pay the price.

1:02.2

Now just before I came on air, I just read it sweet.

1:07.5

I'm not going to lie, I just had to compose myself.

1:09.9

I had to take a long deep breath, have a lot of water.

1:14.2

This one is about Oak Shots, who's a well-connected right-wing political commentator,

...

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