Prime Minister Liz Truss has stated she will maintain tax cuts. These tax cuts are not for the average citizen rather corporations of the UK. Another policy is to reduce regulation. Liz Truss favors supply side economics. This is the policy of the Conservative Party, but the agenda has caused panic in the markets. Supply side economics conservatives claim promotes growth. These policies have not accomplished this nor promote economic stability. Truss' plan is to jump start the economy by massive borrowing. The Bank of England was forced to do bond buying as a protective measure for pensions. Instead of acknowledging that supply side economics is inadequate blame was directed at Russia. The UK does not have to sanction Russia which has caused inflation and an energy crisis. Unless the UK can start becoming energy independent options are limited. The British are going to struggle in the coming months. Germany and France could suffer similar fates. The value of the pound has plummeted. The unfunded tax cuts are estimated to be 45 billion pounds. These policies can result in the United Kingdom's gross domestic product shrinking. As markets become more volatile, this creates a tense political climate. Investors and businesses are concerned about unforeseen outcomes. The threat to the general public is food security, housing, and access to energy .
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