Morning Wire - Ten Years to Save the West with Liz Truss | Sunday Extra

Episode Date: May 5, 2024

Former UK Prime Minister Liz Truss discusses conservative leadership and the battle against bureaucratic roadblocks. Get the facts first on Morning Wire. Learn more about your ad choices. Visit podca...stchoices.com/adchoices

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Starting point is 00:00:00 Don't miss the Devil Wears Prada 2 in theaters. Merrill Street, Anne Hathaway, Emily Blunt, and Stanley Tucci are back. In light of the recent scandal, I'm here to restore your credibility. I did not hire you, and all I need to do is bide my time until you fail. On May 1st, icons. I'm going to make something of this job. Rain. Be the bridges. I burn. Night my way.
Starting point is 00:00:20 Forever. I just love my job. Get tickets now. The Devil Wears Prada 2 in theaters, May 1st. Directed by David Frankel. In 2022, the leader of Britain's conservative party, Liz Truss was appointed to British Prime Minister, taking on the role with optimism about pursuing a more conservative economic agenda for the nation. But she quickly found her administration colliding with political roadblocks and her prime ministership abruptly ended.
Starting point is 00:00:51 In her new book, Ten Years to Save the West, Liz Truss says the problem was the deep state, unelected bureaucrats standing in the way of conservative leadership. In this episode, we speak with the former Prime Minister about why she believes a conservative agenda is needed to save the West. I'm Daily Wire, editor-in-chief John Bickley. It's Sunday May 5th, and this is an extra edition of Morning Wire. Joining us now is Liz Truss, former UK Prime Minister in 2022. She's the author of 10 years to Save the West, leading the revolution against globalism, socialism, and the liberal establishment. Liz, thank you so much for joining us. Great to be on the show. First, you've had time to reflect on your time as Prime Minister brief as it was.
Starting point is 00:01:36 What did you learn during your term? Well, I think the biggest thing I learned is the sheer power of the establishment and the administrative state. Before I got to that job, I'd assumed, you know, I'd spent 10 years in the British government. I'd worked in the Environment Department. I'd been a minister in justice. And when I hit a brick wall, I assumed it was because I wasn't senior enough. So when I got to the position of prime minister and I saw my plans essentially thwarted, I really understood just how powerful the establishment and the administrative state is.
Starting point is 00:02:17 You tried to execute your vision of Britain as a low tax, low regulation, high growth country. What happened? Why wasn't the country you ready for that? Well, I felt that it was the only way to get Britain back on track. And we'd been stagnating for a few decades. Economic growth hadn't been high enough. The government was spending almost half of our national income. Taxes were at a 70-year high. And I could only see the situation getting worse.
Starting point is 00:02:48 And I wanted to change the trajectory. And that vision did have popular support. I won the mandate of Conservative Party members. It was popular in terms of the public. when we put those policies forward and it included things like getting on with fracking, holding down government expenditure, reduces taxes, reducing regulation, the economic establishment, including the Bank of England and the Office of Budget Responsibility, which is a bit like the Congressional Budget Office in the United States,
Starting point is 00:03:24 those organisations actively work to undermine the policies and undermine the policies in the market. And what do I mean by that? Well, the day before we announced our budget, the Bank of England announced that it was selling 40 billion pounds worth of government guilt. So that was making it harder for us to fund the government. They didn't tell us about the fact that there was a tinderbox of bad regulation of pension funds, say that pension funds were very, very susceptible to small changes in the interest rate. We were blindsided by that. And then when the Bank of England stepped in to fix that problem,
Starting point is 00:04:07 they said they would only do it for 17 days, thereby creating a deadline in the market. All the time while they were doing these things, they were blaming the government policy for what was happening rather than acknowledging their own mistake. So that is essentially what happened. And the problem was, I was unaware that those problems existed. So when the media, as is the habit in Britain, started its gotcha activities,
Starting point is 00:04:38 I did not know what was going on. And that was fundamentally extremely difficult. You phrased this in an interesting way in a speech to heritage recently. You talked about the anti-growth movement that's focused on, as you put it, redistributionism, stagnation and the imbueing of woke culture into our businesses. Can you unpack that more for us? What we've ended up in Britain is we've ended up with a corporate sector, big government, by that, I mean the civil service and the government agencies, what we call quangos in Britain,
Starting point is 00:05:11 quasi-government organizations, and the wider media who, they tend to live in London and the southeast. They tend to benefit from government largesse. So they don't want the size of government to be reduced. They don't want the subsidies to their business to be reduced, particularly if they're in sectors like green energy. And they don't want regulations to be reduced because they don't want competition. So these people have been benefiting from the status quo. The problem is, for the average person in Britain, their life isn't getting any better. They've seen massive inflation.
Starting point is 00:05:49 They haven't seen their wages go up. They haven't seen the economy grow. It's harder and harder to run a small business. because of all of the red tape. So you've got a real disconnect between those who benefit from the current status quo of big government, high taxes, high regulation, high immigration, and the average person in Britain who is struggling because of the very high cost of living. Now, in your book, you emphasize the importance of conservative leadership, not only in England, but also in the U.S. In your view, why is it?
Starting point is 00:06:27 conservative leadership key to saving the West? So all of the problems we've got are down to bad ideas of the left, whether it's Keynesian economics, the idea that the government can run the economy, whether it's the climate change measures that are stopping us produce enough energy, whether it's the woe career in our school saying that kids have 100 genders and the DEI agenda pursued by major corporations, which means they're not focused on delivering valuable products and delivering profits to their shareholders. They're focused on ticking boxes and doing identity politics. All of those bad ideas have come from the left.
Starting point is 00:07:11 And the issue is conservatives have not taken these ideas on enough. Instead, we've kowtowed to them. We've tried to meet them halfway. way and that has resulted in the current stagnation we're experiencing. And it's not just economic stagnation. It's also a sense that certainly in Britain, our country is not moving forward. People want the future to be better than the past, but that is not clear that that is happening. And the other issue, the left, have been very effective in Britain, is embedding a human rights culture into our legal system,
Starting point is 00:07:48 which essentially makes it very, very hard to deport illegal immigrants. The priority put on keeping illegal immigrants in the country seems to be higher than the priority of people already living in the country. And people are immensely frustrated about that. But there are too many conservatives who want to be popular at London dinner parties, want to get good corporate jobs, who have essentially gone along with this leftward drift. And that is the problem we're facing.
Starting point is 00:08:18 that's why conservatives need to fight back in order to make our country dynamic again and put the power back in the hands of people and families rather than the power lying in the hands of the unelected bureaucrats, which is where the power of the moment lies. And is this part of the reason you've been a supporter of Brexit? Does this connect politically and ideologically? Yes, it does because Brexit was all about returning power from an unelected bureaucracy in Brussels to people in Britain. The problem is that while people voted for Brexit, we still have all the EU laws on our statute books
Starting point is 00:09:00 because the bureaucrats in London don't want to change things. Because they are happy with high levels of regulation. It gives them more power. It gives them more influence. They do not want to see power return to the people. And that is the people in Britain are very frustrated. because they voted for change when they voted for Brexit in 2016. They voted again for change when they voted for Boris Johnson and huge numbers.
Starting point is 00:09:27 And lots of people who didn't normally vote conservative, people from what you would call the Ross Belt in America, voted conservative for the first time because they wanted to see a change and they wanted to see the status quo disrupted. But the problem is that the bureaucratic establishment, the corporate establishment in Britain do not want to see that change happening and they're resisting it. I'm somebody who went into government to try and change that and I got thoroughly trounced by what they did to undermine my policies. How do you feel about the current leadership? What
Starting point is 00:10:03 direction do you feel like they're taking the country? Well, I want to see much stronger focus on conservative principles. We have to be honest with the British public. The reason why we haven't been able to deal with illegal immigration, the reason why people's energy bills are so high, the reason why people's taxes are so high, is that we have not taken on the administrative state, and we have not reversed all of the regulations and laws that Tony Blair put in place in Britain. So I think we need to be honest with people, and we need to be prepared to be much bolder in taking on these institutions that have acquired too much power in Britain. My book sort of talked through my 10 years in government and all the battles I had and the fact
Starting point is 00:10:54 that too often decisions that used to be in the hands of elected representatives now lie in the hands of unelected bureaucrats and the public are rightly frustrated by that. And I think conservatives have to be honest about the state we're in and be prepared to do some very serious changes. You've talked a lot about the U.S. and what it needs to do. Obviously, we have a major election going on and polls show it's a very tight race. If Donald Trump is elected, do you have hope for the U.S. to turn around some of this bureaucratic stagnation, as you say? I think you've got real problems with the administrative state here in the United States who do not want to see the Trump agenda enacted. I want to see Donald Trump get elected
Starting point is 00:11:40 as president, but that will not be enough. He needs to dismantle the administrative state. I'm very supportive of those changes because I know what it's like to be in the trenches fighting against officialdom when you don't have the power to change things. So yes, he needs to win. I think if he wins and he successfully takes on the bureaucratic state, that will be a huge win for the West, and that will send a signal to countries like the UK about what can be done. Final question. In your view, what's not being emphasized enough in British and American media in terms of the national political conversation? Well, the thing I'm trying to really highlight in my book is the way that unelected bureaucrats have seized power in both of our countries and the need
Starting point is 00:12:32 to take them on. Too often politicians, and I've been there myself, get the blame for everything that happens. And that is not right, but it's also not going to help us fix our countries. We've seen the way that woke left-wing ideas have taken over institutions. I mean, look at what's happening in universities in the United States, the appalling anti-Semitism that is being condoned by senior figures in those universities. That shows to me a system that has gone completely wrong. So I want people to understand. understand the scale of change we are going to need to see to deliver conservative ideas. We're not in the 1970s or 1980s anymore. The left have found new ways of fighting us. They're not
Starting point is 00:13:19 just fighting us in the ballot boxes. They're fighting us in the institutions. They're fighting us through the courts. And we need to be absolutely resolute to take them on. Liz, thank you so much for joining us and bringing your analysis and good luck with your new book. Thank you very much. Thank you. That was former conservative party leader and UK Prime Minister Liz Truss, and this has been an extra edition of Morning Wire.

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