{"id":64658,"date":"2022-09-08T07:16:58","date_gmt":"2022-09-08T06:16:58","guid":{"rendered":"https:\/\/www.taxresearch.org.uk\/Blog\/?p=64658"},"modified":"2022-09-08T07:16:58","modified_gmt":"2022-09-08T06:16:58","slug":"the-insanity-of-trusss-belief-in-thatcher","status":"publish","type":"post","link":"https:\/\/www.taxresearch.org.uk\/Blog\/2022\/09\/08\/the-insanity-of-trusss-belief-in-thatcher\/","title":{"rendered":"The insanity of Truss\u2019s belief in Thatcher"},"content":{"rendered":"<p>Two headlines from an FT newsletter this morning:<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-64659\" src=\"https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2022\/09\/CF12AE21-DD2C-4C7D-AB2A-FCD850B477D0-550x210.jpeg\" alt=\"\" width=\"550\" height=\"210\" srcset=\"https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2022\/09\/CF12AE21-DD2C-4C7D-AB2A-FCD850B477D0-550x210.jpeg 550w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2022\/09\/CF12AE21-DD2C-4C7D-AB2A-FCD850B477D0-768x294.jpeg 768w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2022\/09\/CF12AE21-DD2C-4C7D-AB2A-FCD850B477D0-600x229.jpeg 600w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2022\/09\/CF12AE21-DD2C-4C7D-AB2A-FCD850B477D0.jpeg 1114w\" sizes=\"auto, (max-width: 550px) 100vw, 550px\" \/><\/p>\n<p>First, the markets have reacted to Truss\u2019s plan to trash the economy as they did to Thatcher\u2019s success in doing so.<\/p>\n<p>Second, the Truss plan to get out of the mess she plans on creating is the same as Thatcher\u2019s, by delivering a financial services storm. That ended so well last time, as anyone might recall.<\/p>\n<p>What did Einstein say about insanity? He defined it as doing the same thing over and over again and expecting different results when it failed on each previous occasion. It looks like that is what we are facing.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Two headlines from an FT newsletter this morning: First, the markets have reacted to Truss\u2019s plan to trash the economy as they did to Thatcher\u2019s<br \/><a class=\"moretag\" href=\"https:\/\/www.taxresearch.org.uk\/Blog\/2022\/09\/08\/the-insanity-of-trusss-belief-in-thatcher\/\"><em> Read the full article&#8230;<\/em><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[96,35,16,106],"tags":[],"class_list":["post-64658","post","type-post","status-publish","format-standard","hentry","category-conservatives","category-economics","category-ethics","category-politics"],"_links":{"self":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/64658","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/comments?post=64658"}],"version-history":[{"count":0,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/64658\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/media?parent=64658"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/categories?post=64658"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/tags?post=64658"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}