Author of this article: Nanshan Passenger
In the past two years, leaders of countries around the world have frequently changed, and many new faces have emerged. So what are their support rates so far? According to the latest poll, the support rate of US President Biden and Japanese Prime Minister Kishida Fumio fell to 40%, South Korean President Yoon Seo-yue poll fell below 30%, and German Chancellor Scholz support rate fell to 25%. However, the polls of the leaders of the above four countries are a bit small compared to those of the British Prime Minister , , and after tlas took office for more than ten days, his approval rating has dropped to 14%.
According to Global Network , a poll in early October showed that only 14% of British people had a good impression of Tras, nearly three-quarters of the people had only negative views on her, and more than half of the people believed that Tras should resign immediately.
The Guardian stressed that the current unpopularity of Trass is even worse than that of former Prime Minister Boris Johnson when he was impeached.
In the Tlas Cabinet, the least popular minister was the Minister of Finance Kovolten. Polling agency YouGov believes that Kovoten's poll should rebound after the cancellation of the controversial tax cuts, but the poll shows that Kovoten's approval rating has continued to plummet, with only 11% of the public supporting him.
Tras' bad poll also affected the Conservative Party's support rate, and only 20% of the people currently support the party. In contrast, the Labour Party’s support rate has rebounded significantly, leading the Conservative Party by 419 percentage points. The Guardian predicts that Labor will win the position of prime minister in two years.
At the same time, many Western media published articles criticizing Tras's governance achievements this month: " New York Times " is puzzled by the destruction caused by Tras in just a few days; "Guardian" called Tras "the worst prime minister in British political history" and considered whether to change the prime minister; " Financial Times " published articles for many consecutive days criticizing Tras for being "stubborn and desperate"; the most direct one is the British Bystander magazine, which was originally said: "Is Tras a real adult?"
So what did Tras and his cabinet do in the past ten days, which can cause criticism from many media and support rates to plummetly fall?
tax cuts were the first policy issued by Tras after he came to power, and the result was "extraordinary": the pound pound exchange rate plummeted, and was once the same as the US dollar. The Guardian said that Trass' tax cut policy "scareed British investors". The policy was announced on the day it triggered the largest sell-off in British Treasury bonds in history, and investors generally believed that "British finance has been out of control." According to Fortune magazine, at least $500 billion of the stock and bond markets in the UK were evaporated by the end of September.
After seeing the market reaction violently, this tax cut, which is said to be the largest in the UK in decades, was forced to be suspended after only 10 days. Fortune magazine said that Tras' tax cut policy has caused unprecedented rebukes from the IMF , and the IMF warned Tras not to implement "purposeless and meaningless policies." After the suspension of the tax cut policy of
, the exchange rate of pound against the US dollar rebounded slightly. Interestingly, at this time, the " Times " exposed a "shock news".
It is reported that before the tax cut policy was announced, Chancellor Kovorten had a private lunch with his former boss and fund manager Chrispin Audi. Although Koveten claimed that the two were talking about only some political gossip, it happened that Chrispin Audi spent a lot of money into the UK financial markets before the pound plummeted.
The Times said it was not clear how much profit Chrisping Audi took the opportunity to make, but the funds under his supervision rose by 145% in 2022. There were also reports that he made 220 million pounds overnight after the Brexit referendum.
Like the US "Capital Hill Female Stock God" Pelosi , Chrisping Audi denied in an interview with The Times that he had connections with Kwarten and got insider information. He just "grabbed the right opportunity."
Many British media expressed their lack of confidence in whether Tras has the ability to "sustain his life" for the British economy, and even maintain the level before she took office. The Guardian bluntly pointed out that after Tras' tossing, the British government has lost control of the economy.
After tossing out the economy, Tras announced its second policy in early October - energy rationing. In short, Trass asked the British commercial and industrial sectors to reduce electricity and prioritize ensuring that people can survive this winter.
For residents' heating and electricity use, Tras has set a £2,500 energy consumption ceiling. Once the ceiling is exceeded, the people will need to pay additional funds. Tras claims that this move will keep the company's factories running to a minimum while ensuring electricity for residents.
Currently, Tras' energy policy will not be effective after at least one month, but British media generally hold a pessimistic attitude. The Guardian said that this policy once again reflects the characteristics of Tras's rule: chaos, capriciousness and affecting people's daily lives.
UK National Grid warned that if there is no Russian natural gas supply, once the UK encounters a cold wave this winter, all parts of the UK will experience three hours of rotational power outages. Therefore, the UK National Grid will give priority to ensuring the power supply of infrastructure such as hospitals, railways, ports and airports as much as possible, and electricity consumption of households and enterprises will only be determined according to the specific circumstances.
The Guardian said that the UK's National Grid refused to evaluate Trass's energy consumption cap policy, but the think tank "Cornwall Insight" pointed out that Trass's policy is still unrealistic. The think tank analyst said that in optimistic circumstances, the policy would cost 72 billion pounds, while in the most extreme, it would cost 140 billion pounds, another huge expenditure for the UK's overwhelmed finances.
In addition, Tras has not announced so far how much will it be charged if household electricity consumption exceeds the energy consumption limit. Therefore, a large number of British people criticized this policy on social media as actually a " blank check " and is not targeted at the most vulnerable groups in society. They asked Tras to take back the policy before negative impacts occur to ensure that people are not misled on energy prices and that they will not receive unaffordable energy bills this winter.
Now that Tras' "three fires" have been burned, some media speculated that Tras' "third fire" may be a statement on the conflict between Russia and Ukraine. The next one who was named "the worst prime minister in British political history" will more or less leave a "strong mark" mark in this turbulent world.
