Opinion | Liz Truss in the Libertarian Wilderness - The New York Times - 0 views
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the British economist Simon Wren-Lewis argues persuasively that financial markets were responding in large part to increased uncertainty, which was in turn largely a reflection of political uncertainty. The Truss economic plan was obviously unsustainable politically, but it wasn’t clear what would come next.
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the political point is clear. Truss staked out a political position that, to a first approximation, has no public support either in Britain or in the United States. So failure was inevitable.
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A 2017 paper by the political scientist Lee Drutman mapped out the distribution of U.S. voters on these axes; it’s unlikely to have changed much since. (And the distribution of British voters seems similar.) His picture looked like this:
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