'NOT CAPABLE': Former UK PM Liz Truss too 'weak' to withstand political pressures, expert says
Well, she just was weak. She just couldn't stand the heat and the pressure. We've seen that a number of times in the U.S., Maria, as well. I don't know if you remember George H.W. Bush, read my lips, no new taxes, and then bam!the place. You know, Liz Truss was just doing the same thing that Bush did, but under enormous pressure. I just tells you that these people are basically humans down deep.
Britain's Prime Minister Liz Truss attends a press conference in the Downing Street Briefing Room in central London on October 14, 2022, following the sacking of the finance minister in response to a budget that sparked markets chaos. And unless they have that inner core of strength, like Lady Thatcher did – I mean, when she was put under this pressure and she was put under enormous pressure, she said U-turn, if you like. But this lady's not for U-turning.
Reagan in 1981-82, the incredible pressure on him to reverse the third year of the tax cut. You know, Feldstein was again in favor of reversing it. Bush, Darman, Dole, all of them wanted Reagan to reverse the third year of the tax cut, but he just held firm. He said, I wasn't elected to raise taxes. And
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