Ɖ Gardịn vy on ɖ YC icoṇmi: sac Qarteñ, ǎst Trus
(Transcription of an editorial published in the Guardian on 29 September 2022)
Ɖ crîsis wz crietd bî ɖ ny guvnmnt. Bt ɖ Britiś ppl, nt ministrz, r peyñ ɖ prîs
Ʈrzde 29 Sptmbr 2022
Liz Trus n Qāzi Qarteñ r ɖ oʈrz v ɖ ic̣nomic crîsis nǎ baṭrñ Britn n its ppl. Ɖe alon dmandd ɖ taxcutñ mini-bujit ɖt hz trigrd ɖ wrst fînanśl instbiḷti t ʈretn ɖs cuntri sins 2008. Sins ɖe, n nwn els, ǒn ɖs growñ naśnl dzastr, ɖe alon mst tec rsponsbiḷti fr it. Ny poulz śowñ record Lebr līdz demnstret ɖ toxiṣti v ɖer ax́nz.
Ɖ prîm̦inistr n hr ćanslr r dtrmind t impoz a ny ic̣nomic orʈ̇doxi on Britn. Ɖe r ebl t d so bcz Cnsrṿtiv parti membrz hv impozd a doctṛner rîtwñ līdrśp on a cuntri ɖt hz nvr votd fr it, cmitd t a f’loṣfi v smōl guvnmnt ɖt prîoṛtîzz radicl dīreğleśn ovr gretr fernis, rījnl iqoḷti n besic ic̣nomic litṛsi. It z a poḷsi pṛfǎndli ǎt v tuć wɖ ɖ valyz n prîoṛtiz v ɖ neśn – jst 19% v ɖ public ʈnc ɖ minibujit z fer. Bt it z olso ǎt v harṃni wɖ ɖ mjoṛti ɖt votd fr Brexit in 2016 n hlpt ilect ɖ Jonsn guvnmnt in 2019. Mz Trus n Mr Qarteñ gv evri impreśn v nt cẹrñ. Ɖe sīm t ʈnc ɖe r clevr n uɖr ppl r stypid.
Mz Trus md it cristl-clir on Ʈrzde ɖt ś dz nt intnd t ćenj. Ɖs z in spît v a run on ɖ pǎnd, an imploźn in ɖ bondmarcit, a śarp tîṭnñ v ɖ morgijmarcit n a nir-deʈ̒ret t ɖ pnśnfundz on ẃć ordnri ppl dpnd fr ɖer sevñz. Ol v ɖz wr fōrsiybl. Bt ol hv nǎ hapnd, n me rcŕ. T plǎ ahd wɖ sć poḷsiz z nt mirli cruwl bt olso intnsli aṛgnt.
Fr ɖr z undǎtidli wrs t cm. Blūmbrg calkletd ʈri dez ago ɖt YC marcits hv lost $500bn sins Mz Trus bcem prîm̦inistr ɖs munʈ. Ɖoz numbrz r rîzñ. Snr or lêtr, ɖ Banc v Ñgḷnd wl rêz inṭrestrets sgnificntli. Ɖt wl crb dmand, nt būst it. Freś spendñcuts – fṛm a guvnmnt ɖt wz ilectd seyñ ɖt it wz nǎ tîm t invst proprli in ǎr fyćr – r srtn. So r beṇfitcuts fr cleṃnts n t pnśnz – ɖ latr in d’rect brīć v ɖ 2019 maṇfesto. Mz Trus n Mr Qarteñ cōzd ɖs probḷm, bt ɖ public r peyñ ɖ prîs fr it.
Olɖo ɖ prîm̦inistr n ɖ ćanslr se ɖe r dtrmind t oṿtrn Treẓ́ri orʈ̇doxi, ɖe hv qcli imbrest its instñt t cut spendñ. Ɖs hlps enśur ɖt Britn’z rseśn wl b longr n dīpr. Wejz wl fōl frɖr bhnd infleśn, n industrịl dspyts, nt jst in public srṿsz, r lîcli t gro. Eṇjiprîsz me hv bn capt, bt it wl b a riyli tuf wintr fr miłnz. Bizṇsz wl fold ɖt wd nt uɖ̇wz hv dn.
Mz Trus n Mr Qarteñ r nt jst roñ bt incompitnt. Ɖe sact ɖ hed v ɖ Treẓ́ri. Ɖe unḍmaind ɖ Banc v Ñgḷnd. Ɖe rfyzd t sbmit ɖer planz t ɖ indipndnt Ofis fr Bujit Rsponsbiḷti fōrcastrz. Ɖe anǎnst no plan t brñ ɖ public fînansz bac intu baḷns. N, hvñ spūct ɖ marcits olrdi, ɖe ɖen spūct ɖm agn bî hintñ ɖt īvn mor unfunded taxcuts r on ɖ we lêtr.
Ɖs cuntri hz rerli nīdd a jenṛl ilex́n n a ny guvnmnt mor rjntli ɖn it dz tde. Bfr ɖt, hvr, ɖ Cnsrṿtiv parti itslf nīdz t grasp ɖ moṛl, ic̣nomic, sośl n p’liticl sirịsnis v ɖ cors on t ẃć it hz bn haijact. P’liticli, Mr Qarteñ z nǎ a ded man wōcñ. H śd g qcli. Az prîm̦inistr, Mz Trus me hañ on. Bt ɖ unfgiṿbl ivnts v ɖ past wīc mīn ɖt, fr hr tù, ɖ end z nî n ɖ dai z śrli cast.
