The smart manager becomes British Prime Minister

In retrospect, Rishi Sunak appears as a lone voice in the desert. In the summer duel with Liz Truss for party leadership, she repeatedly warned against uncovered tax cuts that would lead to an unsustainable debt burden and higher mortgage interest rates. In Margaret Thatcher’s tradition, you have repeatedly stated that rampant inflation had to be kept in check before the tax burden could be reduced. You have described Truss’s economic policy as a “fairytale economy”.