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    Michael Hiltzik: Britain's prime minister followed the GOP's economic plan. She lost her job in record time

    by Michael Hiltzik, Los Angeles Times Oct 26, 2022 4 minutes
    Britain's Prime Minister Liz Truss delivers a speech outside of 10 Downing Street in central London on Oct. 20, 2022, to announce her resignation.

    Fox Business talking head Larry Kudlow was over the moon on Sept. 23.

    "The new U.K. Prime Minister Liz Truss has laid out a terrific supply-side economic growth plan, which looks a lot like the basic thrust of Kevin McCarthy's 'Commitment to America' plan," he told viewers of his daily program that day.

    What got Kudlow vibrating was Truss' release of a budget plan that included cutting corporate taxes and slashing the top tax rate on the wealthiest Britons to 40% from 45%.

    Kudlow, a former economic adviser to former President Trump, was correct that the Truss plan closely resembled Republican economic orthodoxy, which begins and ends with tax cuts for the rich.

    What prompted him to mention House Minority Leader Kevin McCarthy, R-California, was a is devoid of the details needed to make the comparison.

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