US President Biden Criticizes UK Prime Minister Truss' Economic Policies

 

BBC News: US President Biden calls Truss's economic policies 'a mistake' 

The president of the United States, Joe Biden, has called Liz Truss's original economic policies "a mistake". 

In an unusual intervention, he said the economic turmoil that followed the government's mini-budget had been "predictable". 

Speaking at an ice cream shop in Oregon, Mr Biden was asked by reporters about the prime minister's attempt to boost growth with unfunded tax cuts - what the reporter called the "trickle-down plan that she has had to back away from". 

The president replied: "Well, it's predictable. I wasn't the only one that thought it was a mistake."  

Read more .... 

WNU Editor: Conservative MPs are responding to President Biden's remarks .... Senior Tories tell Joe Biden to 'sort out his own problems at home' before wading into British politics after US President slammed Liz Truss' tax-cutting plans (Daily Mail). 

It should also be added that the US Federal Reserve's policy of higher interest rates to curb inflation is strengthening the US dollar and harming the global economy, the UK included .... Biden knocks Truss economic plan, says not concerned about dollar strength (Reuters).  

Update: UK Prime Minister is facing a crisis in her leadership .... Liz Truss fights for survival as even allies say she could have only days left (The Guardian). 

 US President Biden Criticizes UK Prime Minister Truss' Economic Policies  

Joe Biden calls Liz Truss tax cuts a ‘mistake’ as political fallout continues -- The Guardian  

Biden calls abandoned UK tax cut plan a ‘mistake’ -- The Hill  

Joe Biden brands Liz Truss’ shelved tax-cut plan a ‘mistake’ -- Politico 

'Disloyal' Biden slammed for intervening in politics of key ally as he 'trashes' Truss -- Express  

President Biden labels UK PM's tax cuts a 'mistake' in rare criticism -- DW 

Biden wades into U.K politics: Tax cut plan was "mistake" -- Axios