TRUSSONOMICS: a thread

In her interview on @BBCr4today, Liz Truss made 3 economic propositions

1) Her tax cuts will decrease inflation

2) Tax cuts boost growth and prevent recession

3) Tax cuts increase government revenues

It would be great if these were true

1/
OK, gonna do an econ thread most of my followers will find incomprehensible. But I think it needs to be done, bc there seems to be a dispute over the inflation outlook in which people are talking past each other 1/
i'm not a fedwatcher by any means but my assessment is they're so humiliated by being historically wrong on inflation that they're going to plunge the economy into a depression just to quell it until everyone panics and it becomes politically impossible to stay the course

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