Learned about the news of Tras' resignation, former British Prime Minister Johnson , who was on vacation abroad, grabbed a plane ticket and returned home overnight. I didn't get the first class, so I took economic class to fly to the UK. But after chatting with another candidate, Sunak, for a night, Johnson announced his withdrawal from the campaign.
The reason given by Johnson was that although many Conservative MPs voted for him and the number of votes reached the threshold for allowing him to enter the last round of elections, "the current time is not right." When and why is it not right? What is Johnson trying to do with his "retreat"?
(Sunak)
Why Conservative Party wants to choose Sunak
London time on the 23rd, Sunak happily tweeted that he would replace Tras as the leader of the Conservative Party and serve as the British Prime Minister . Sunak is an Indian, unlike Americans with Indian descent, such as Kamala Harris, the current US Vice President. Sunak's parents are both Indian and Indian business tycoons, with a net worth of up to $3.6 billion. Why does the Conservative Party choose such a person as prime minister? The answer is: Johnson and Tras, who do not understand the economy, collapsed the British economy, and the Conservative Party can only recommend Sunac, who understands the economy.
html At the end of September, the Trass government announced their fiscal plan for this term. The general tone is to reduce taxes on a large scale and raise funds by borrowing money, while implementing energy subsidies of up to 90 billion pounds to cope with the energy crisis caused by the Russian-Ukrainian conflict. However, tax cuts and subsidies are in parallel, and there is such a large amount. The gap in the UK's fiscal deficit is getting bigger and bigger, and it is so turbulent that it cannot end. Let’s look at the exchange rate . At the end of September, the pound exchange rate against the US dollar reached its historical low - 1.035. Conservative politicians can't sit still now.
Sunak is the former British Chancellor of the Exchequer and the youngest Chancellor of the Exchequer in British history. Before embarking on the career of the government, my small business was also prosperous and I was somewhat weak in the international financial capital circle. The Conservative Party elected him, in some ways, in order to give him a shot of a heart-warming agent for the British people who are deeply in the economic crisis.
(British live experiment: Who will finish Tras or lettuce first)
"British disease" gods can't save
After all, the cardiotonic agent can only last for a while and does not cure the root cause. The British "disease", let alone Sunak, the gods have to shake their heads after seeing it.
Inflation in the UK is very serious and has reached its highest point in 40 years in recent days. Trass's proposal to borrow money to raise funds failed, which instead aggravated inflation. But Sunak also had no license to solve the problem. When he competed with Tras in September for the Prime Minister, he advocated that tax cuts should be considered after inflation was controlled. Nowadays, Sunart has to find a way to make up for the British government's 40 billion pound fiscal deficit. Where does this money come from? Without tax increases, he can only touch the pension cake.
(British Street View)
Sunak is difficult to "live long".
Now, Sunak wants to save the market, which is more than one level higher than when he competed with Tras in August when he competed for the Prime Minister. The Conservative Party behind him, blindly sticking to the conservative economic concept, cannot save the foundation of the British economy. Under such circumstances, even if Sunak is successfully elected, it may be difficult to "live forever".
In addition, most British people do not trust Indians. In the last British Prime Minister's election, Sunak was far ahead. He was about to enter the last round of voting, but lost to Trass with a vote of 43% to 57%. One of the big reasons is Sunak's ethnicity and skin color. Some people may say that isn’t US Vice President Harris an Indian? Having said that, you should know that India was colonized by Britain in its early years, and the United States could not do without this burden, but Britain could not do without it.
(Boris Johnson)
It is inevitable that the British economy will continue to decline. When the Conservative Party sees the situation is not good, it must replace people within the party to avoid early elections and let the position of prime minister fall into Labor . This can be seen from the fact that five prime ministers have been replaced in 6 years.In addition, many people in the Conservative Party currently support Johnson. The British Secretary of Commerce predicted in an interview with BBC that there is a high chance that Johnson will return to power.
In fact, no one can solve the British chronic disease in the short term, whether it is Sunak or Johnson. Rather than doing this, it would be better to let Sunak go first. If Johnson stepped down, he would fill in the prime minister's vacancy. Even if he did not do well, no one would be able to replace him in the short term. This can also understand what Johnson said when he withdrew from the campaign: The time is not right.
