Ex-British Prime Minister Liz Truss steps down after a fluctuating and fleeting six weeks in office

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Reuters

Friday, Oct. 21, 2022: now ex-Prime Minister Liz Truss announcing her resignation in front of 10 Downing Street.

For it being smaller than Michigan, in terms of total area, United Kingdom news has been circulating the world excessively in these past few months between the controversies surrounding ex-British Prime Minister Boris Johnson’s resignation and the death of Queen Elizabeth II.

The media was lighting up about the UK and its many levels of recent chaos, but nonetheless, Liz Truss succeeded Boris Johnson and was quick to promise her country of the many great plans she proposed and got to work.

On her second day of being Prime Minister, however, Queen Elizabeth II passed away, leaving Truss with a rough start. The passing of the longest-reigning monarch transformed the UK and the world upon hearing the news, and there’s no wonder that people in Britain have been feeling a precarious sense of uncertainty for their future.

“A rough start” is not an excuse, and Truss took it as such: eagerly, she began to pull herself up and start becoming the political figure the standards hold her to.

It’s not just the horrible timing that left Britain in its current state; Truss is ambitious and was going to keep her word to the country—she was appointed by Queen Elizabeth II, after all. Like many first-world countries, this is a time of high inflation and economic recession for Britain, and with much of the population being directly affected and hurt by this, Truss’ government revealed the Growth Plan to relieve citizens.

It was a rough month and a half on the job and now, we all get to watch it ruin the majority of lives in Britain.”

It’s more commonly known in the media as the September 2022 mini-budget, except the kicker here is that it’s not a budget at all. In fact, the mini-budget is more of a statement with many measures and multi-step plans to reverse the damages inflicted by these issues and prevent residents from being put at risk of homelessness. In simpler terms, essentially gives tax cuts for the ultra-affluent that will hopefully help the lower working class.

Truss is a huge believer in trickle-down economics and formed the Growth Plan entirely around it. She planned for a lot of upcoming and promising changes that people in Britain could soon benefit from; however, it was all scrapped abruptly, and thirty-some days in, her career started to waver and ultimately killed her reliability for many.

The unfunded tax cuts for the richest Britons lasted five days before being reversed, causing major backlash from the people and extreme global criticism. This plan failed so horribly that Truss ended up firing now former Chancellor and close friend Kwasi Kwarteng on her thirty-eighth day in office. This in itself pushed a new government reorientation and Truss out of their safety and brining them over their tipping point.

After that, the UK saw another form of uncertainty. This time, the uncertainty will directly affect how the future of British politics will play out. Truss, after a record-breaking forty-eight days in office, has resigned from her position as Prime Minister.

Her tenure was a tumultuous six-week endeavor as she crashed the stock market and caused extraordinary tension in Parliament the day before she delivered her address on 10 Downing Street. During the period between the firing of her finance minister and her resignation, it’s been theorized and almost expected that she’ll step down.

Well, now that Truss is no longer in control of the calls, who is?

As of now, King Charles III is temporarily filling in for Prime Minister as votes and decisions are made about her replacement, coming as early as Monday, Oct. 24., three days after her resignation. However, decisions like this aren’t made this quickly and could possibly take months in normal circumstances; now, however, this duty is exceedingly increasing. In just six weeks, Truss and Kwarteng have managed to crash markets and drop the sterling-dollar conversion rates to the lowest it’s been since the 1980s.

Truss declared, “I’m a fighter, not a quitter,” in front of the House of Commons two days before her resignation and accepting the consequences. Her time as Prime Minister was short-lived, chaotic, and a little unprecedented, letting her promises fade into empty words as mostly everything enforced by her has been since reversed.

It was a rough month and a half on the job, and now, we all get to watch it ruin the majority of lives in Britain.