died two days after Truss took over. a late-night U-turn on Sunday
deliver the speech of her life
Addressing the chaos of the past few days, Truss defended her rapid economic policies that led to the pound tanking by saying that she wanted to get on with her agenda of growing the economy from her first day in Downing Street.
Truss acknowledged her U-turn on cutting tax, but doubled down on the rest of her libertarian agenda. She told delegates that her government “will keep an iron grip on the nation’s finances,” and that she believes “in sound money and a lean state.”
The strongest cheers came for a section on Ukraine – where her declaration that President Volodymyr Zelensky would prevail over Russia was the one thing that everyone in the audience could agree on.
But many of the other applause lines fell flat. And her boast that she was the first British prime minister to be a product of a state-funded comprehensive school rather than a private school was just not true – that particular first belongs to a Labour prime minister, Gordon Brown, who has been vocal in the past few days about what he regards as the economic illiteracy of her fiscal policies.
the interruption by Greenpeace protesters
For the Prime Minister’ doubters, who think she is battling on with policies that will lead them to electoral disaster, there was little to reassure them. She ended on her core message – “we have no alternative” – but the trouble is, her critics in the party simply don’t agree.
By the eve of Truss’s speech, only those most loyal to her were trying to argue that her fledgling premiership was anything other than doomed. One cabinet minister told CNN: “It’s the end of an era. We’ve been in power for 12 years and we have no fight left.”
Advisers, supporters and even cooperate lobbyists who work for companies traditionally aligned with Conservative values were privately saying that the fight was over. Normally at events such as these, the Tuesday night is a celebration for the party of government, a place to plot new ways to punish the official opposition and indulge in the arrogance of power.
Instead, drinks receptions were half full or canceled. One lobbyist who represents a firm historically supportive of the Conservative Party told CNN that their boss had requested a refund for the event they’d thrown because the ministers who had attended were so distracted it was wasn’t worth the several thousand pounds they’d played for an audience with a senior member of the government.