Trussonomics
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| This article, Trussonomics, has recently been created via the Articles for creation process. Please check to see if the reviewer has accidentally left this template after accepting the draft and take appropriate action as necessary.
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Trussonomics refers to the economic measures advocated by the UK Prime Minister Liz Truss in a effort to counter downturn to the UK economy from factors including the COVID-19 pandemic and the 2022 Russian invasion of Ukraine. The word is a portmanteau of "Truss" and "economics". It has been called trickle down economics under another name.[1]
Its introduction was hailed by long-term proponents of the ideology,[2] who immediately blamed the financial markets for its failure in practice.[3][4][5] Other voices have criticised the idea both from the outset[6] and subsequently.[7]
References
- ^ Finlay, Fergus (18 October 2022). "Trussonomics failings could signal the end of trickle-down economics". Irish Examiner.
- ^ Minford, Patrick (30 September 2022). "Trussonomics is already slaying the demons of stagflation. We need more of it". Daily Telegraph.
- ^ Lynn, Matthew (3 October 2022). "The City will regret strangling Trussonomics at birth". Daily Telegraph.
- ^ Minford, Patrick (14 October 2022). "I championed Trussonomics. The tax U-turn is insane and suicidal". Daily Telegraph.
- ^ Lilico, Andrew (18 October 2022). "It was the energy bailout that blew up Trussonomics". Daily Telegraph.
- ^ Editorial (11 October 2022). "The Guardian view on Trussonomics: bringing on social and financial devastation". The Guardian.
- ^ Pratley, Nils (20 October 2022). "Trussonomics' true cost will be austerity and spending cuts to fill the fiscal hole". The Guardian.
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