Liz Truss’s economic plans are more anti-growth than those of her critics

Most mainstream economists think Liz Truss has placed too much hope on tax cuts for the rich boosting the supply capacity of the economy. Photograph: Anadolu Agency/Getty Images

Somewhere on the roads into north London, the suburbs turn into streets lined with the townhouses of the anti-growth coalition. As Liz Truss told the Conservative party conference last week, here live the “enemies of enterprise” who would hold Britain back.

Forget that financial markets were thrown into a tailspin by her plans for the economy, pushing up mortgage costs to eye-watering levels. Forget that Britain under the Conservatives is on the brink of a prolonged recession with the highest rates of inflation for 40 years. Here was the real culprit: the pundits talking Britain down.