In Ñspel: The Guardian view on Kwasi Kwarteng: pride before a fall

Kwasi Kwarteng on the BBC’s Sunday Morning. By the end of the day on Monday he had to come clean about his programme. Photograph: Jeff Overs/AFP/Getty Images
Qāzi Qarteñ on ɖ BBC’z Súnde Mornñ. Bî ɖ end v ɖ de on Munde h hd t cm clīn abt hiz program. Foṭgraf: Jef Ovrz/AFP/Geti Iṃjz

Ɖ Gardịn vy on Qāzi Qarteñ: prîd bfr a fōl

(Transcription of an editorial published in the Guardian on 26 September 2022)

Ɖ ćanslr clemd h wd trîumf ovr Treẓ́ri orʈ̇doxi. Bt it hz trîumft ovr him

Munde 26 Sptmbr 2022

Hvñ becnd ɖ ćanslr, Qāzi Qarteñ, wɖ ɖ lur v groʈ, ɖ inviẓbl hand v ɖ marcit hz grabd hiz planz bî ɖ scruf v ɖ nec n śecn ɖm mrsilisli. Invstrz plenli d nt b’liv ɖt taxcuts wl līd t ɖ ic̣nomic groʈ Mr Qarteñ dzîrz. Ɖe wuri ɖt ɖ Banc v Ñgḷnd w’nt rêz rets t brñ dǎn infleśn. Ɖ jîreśnz in ɖ marcits léd t imrjnsistetmnts fṛm ɖ Treẓ́ri n ɖ Banc on Munde afṭnun ɖt sòt t rstor confidns. It’s unclir ẃɖr ɖz wl b inuf t cām ʈñz dǎn.

Ɖ mes wz pridictbl – n larjli dǎn t Mr Qarteñ’z rfyzl t xplen ẃt h wz dwñ. Siti aṇlists wr left in ɖ darc on Frîde abt hǎ ɖ guvnmnt wd incris ɖ valy v gdz n srṿsz in ɖ icoṇmi. Mr Qarteñ olso dd nt pṛvîd a comprihnsiv Treẓ́ri plan. H śrugd ẃn asct abt marcitriax́n t hiz îdīaz, nonśḷntli seyñ ɖe “wl riact az ɖe wl”. Ẃl Mr Qarteñ hd litl t se abt ɖ marcits, ɖe hd a lot t se t him.

Ɖ pǎnd bǎnst lîc a yo-yo on Munde. Guvnmnt borowñcosts – ɖ inṭrest on gílts – rouz śarpli. Lendrz pld ɖer morgijproducts. Bî ɖ end v ɖ de, Mr Qarteñ hd t cm clīn abt hiz program. H sd h wd, bî Nvmbr, xplen hǎ ɖ guvnmnt intndd t mc gd on hiz promis t rdys naśnl dét in ɖ mīdịm trm n ɖt ɖs wd b vetd bî ɖ Ofis fr Bujit Rsponsbiḷti. Ẃl ɖ bujit w’nt arîv untl nxt sprñ, Mr Qarteñ sd ɖt ɖr wd b dīteld pṛpozlz rlist in ci eriaz – sć az iṃgreśn – in ɖ nxt tū munʈs. Ɖ guvnmnt rmenz cmitd t osteṛti. T hv public sectr dét fōlñ bî 2026-27 wd rqîr spendñcuts v arnd £35bn.

Mr Qarteñ cem intu ofis clemñ h wd trîumf ovr Treẓ́ri orʈ̇doxi. Bî ɖ end v Munde, it hd clirli trîumft ovr him. Ẃɖr ɖ ćanslr’z program svîvz intact in ɖ longr trm z an opn qsćn. Ɖ repyteśn v ɖ Banc v Ñgḷnd z olso on ɖ lîn. F ɖ sntṛl banc z forst t rêz inṭrestrets in a sîẓbl we bfr its scejld Nvmbr mītñ, ɖs me trn a rseśn intu a dpreśn. Miłnz v YC hǎsholdz wl nt b ebl t pe ɖer morġjz f rets śūt scîẉdz. Rentrz wl olso fes hayr bilz. It wd b betr fr ɖ Banc t pōz its planz t unwînd its qontittiv-īzñ program. Britn’z ćenjñ fiscl stans – ispeṣ́li aftr ɖ śoc v Brexit – mcs it mor vulnṛbl in unsrtn tîmz.

Ẃt hz bcm clirr z ɖ śep v poḷtics. At its ańl confṛns, Sr Cir Starmr’z Lebr parti imbrest guvnmnt inṭvnśn t fix a ssayti left brocn aftr mor ɖn a deced v Tori rūl. Ɖs z ɖ rît ʈñ t d n pṛvîdz a platform ɖt dstnḡśz Lebr fṛm ɖ Tōriz. Ẃɖr it wz ɖ śado clîṃtsecṛtri, Ed Miḷband, mcñ ɖ ces fr a stet ɖt invsts in n ǒnz stecs in inḍstri t grīn ɖ icoṇmi, or ɖ śado ćanslr, Rećl Rīvz, seyñ ɖt Tori taxcuts wd b rvrst n ɖ caś plaud intu trenñ doctrz n nrsz, Lebr z wrcñ t a difṛnt crīd t ɖ Tōriz. Sr Cir’z parti z ǎtlînñ a brōd sośl viźn t ćart a we fwd – ẃć z in welcm contrast t ɖ Tōriz deṣcetd feʈ in ɖ ruʈlis psyt v slf-inṭrest.

Instroduction to Ñspel

27/09/2022

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