Liz Truss promises ‘growth, growth, growth’ and to ‘always be fiscally responsible’

The video discusses the importance of economic growth, emphasizing its role in creating jobs and ensuring financial security. It outlines a three-pronged approach: lowering taxes to stimulate economic activity, maintaining fiscal responsibility to manage national finances, and implementing economic reforms to remove growth barriers. The speaker highlights the need for a lean state and sound money, while acknowledging global challenges like rising interest rates and inflation. The video concludes with a call for breaking down systemic barriers to foster enterprise and innovation.

What is one of the main reasons given for cutting taxes?

• To control inflation

• To increase government spending

• To inspire people to do more of what they do best

• To reduce the national debt

Why is fiscal responsibility emphasized in the government's plan?

• To increase the national debt

• To decrease inflation

• To ensure sustainable economic growth

• To raise interest rates

What global events are mentioned as influencing rising interest rates?

• The rise of cryptocurrency

• The Paris Agreement and climate change

• Putin's war and COVID

• Brexit and the US-China trade war

What is the government's approach to economic reforms?

• Nationalizing industries

• Increasing taxes on businesses

• Maintaining current regulations

• Breaking down barriers to growth

What is one of the barriers to growth mentioned in the reforms section?

• Excessive government subsidies

• Lack of technological advancement

• Outdated city regulation

• High levels of immigration