David Gauke

@DavidGauke ↗

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Last Checked Nov. 21, 2022

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Fri Oct 07 07:28:30 +0000 2022

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David Gauke @DavidGauke

... that didn't happen. Truss hopes that growth will mean that the tax cuts are affordable but the OBR won't give the Government much if any credit for its growth announcements so that won't work. The Govt could cut spending but very difficult politically & practically. /2 — PolitiTweet.org

Posted Oct. 7, 2022

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David Gauke @DavidGauke

My latest piece for @NewStatesman setting out how the Government and the Conservative Party are faced with impossible choices. First, on the economy, the Government made unfunded tax cuts hoping that the markets would take it in their stride. But... /1 https://t.co/eSozU5J8KZ — PolitiTweet.org

Posted Oct. 7, 2022

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David Gauke @DavidGauke

That leaves tax increases but that would completely undermine everything Truss stands for. So all she can do is try to muddle through with a high deficit and hope the markets treat her kindly. As for the Conservative Party... /3 — PolitiTweet.org

Posted Oct. 7, 2022