Take Two: Prime Minister Edition

On October 20, the United Kingdom’s new Prime Minister Liz Truss suddenly announced her resignation. Serving only six weeks in office, Truss is the shortest serving UK prime minister to date.

Liz Truss, left, resigns, leaving the spot open for Rishi Sunak, right, to become U.K’s new prime minister – Vogue

Following the chaotic term and resignation of former Prime Minister Boris Johnson, Truss was faced with the UK’s crumbling economy and expected recession. Her economic plan consisted of massive tax cuts with no source of funding. The value of the British currency, the pound, immediately spiraled downwards, and forced the Bank of England to step in and purchase government bonds in an attempt to stabilize the bond market. Inflation had increased over 10% along with the cost of everyday essentials. Truss’s popularity declined faster than any prime minister in the past few decades, resulting in her losing the support of her own country.

With Truss gone and her spot open, Rishi Sunak has won the race to become Prime Minister. Sunak, the first person of color to be in charge of the UK, has already begun work on fixing what his predecessor started; forming a cabinet full of new and old members and issuing the reversal of all of Truss’s financial proposals. Yet there has been some public debate on whether Sunak is fit to run the country, as he is one of the most wealthy politicians in the British Parliament. Due to his immense wealth, some argue he may be incapable of fixing the economic crisis when he is so out of touch with the problems of the working class. Others claim that since he made much of his money himself, he is the perfect man for the job. The truth, it seems, lies somewhere in the middle. The future of the United Kingdom’s economy is now in the hands of Sunak, and only time will tell what he will do to get the country back on track in the following weeks.