I'm not so sure Blair took the centre ground.
I did at the time, but he was a Trot in his youth and looking back now, he turned this country upside down.
By the way, The Truss budget, I take it you mean barmy. I think it was pretty sensible bar the higher rate tax change, and I go back to what I have said before.
This was a Bank of England problem, which they conveniently attributed to Truss and Kwarteng.
Ask yourself why the BoE reversed a decade or more of QE on the day before the Kwarteng Budget and announced fiscal tightening.
https://www.bankofengland.co.uk/mark...welve%20months.
The markets were moving on the 22nd, a day before the budget.
Then the OBR or someone very close to them leaked about a £70 Billion black hole.
So barmy (or balmy) maybe, but in the context of the financial markets running the country and not wanting us to break away from the sclerotic growth path we've been on for 3 decades.
And both BoE and OBR are two bodies independent of Government, removed from the democratic will of Parliament.







) maybe, but in the context of the financial markets running the country and not wanting us to break away from the sclerotic growth path we've been on for 3 decades.
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