Kwarteng and Truss hit the pound running

Kwarteng and Truss hit the pound running

She makes Margaret Thatcher look like a moderate and Ronald Reagan seem positively wet. Liz Truss has embarked on an ideological project so extreme that the de facto budget announced by her chancellor today amounts to a declaration of class war. It was a reverse Robin Hood: taking from those who have least, lavishing gifts on those who have most. It is morally indefensible, economically reckless and so politically risky as to suggest a death wish. Trussonomics rests on a …