Wednesday, October 26, 2022

Go, Rishi, Go: Chant for UK"s New PM

        Rishi Sunak has climbed to the top of the British mountain. He now reigns supreme over the venerable country with the former global reach. Now the reach at best is regional. However, the 800 millions millionaire seems to think that the decline can be turned around with proper management and steely-eyed decision making.(meaning unpopular). The wealthy young man is highly educated(Oxford & Stanford), very experienced in high finance(Goldman Sachs), well grounded(married to a fellow cultural companion), handsome and healthy. While his predecessor, Liz Truss, shared many of the same attributes, she failed in execution during her brief tenure at 10 Downing St. How could she have thought a tax cut for the wealthy would fly during a time of serious inflation coupled with serious energy shortages that affect all citizens, rich and poor? Hmmmmmm. Couldn't read the tea leaves? Bad juju?

       So, being touted as the first PM of color, and the first Hindu, and one of the youngest, Rishi will have to make sure he can navigate stormy economic times as the UK copes with the Brexit debacle, the war in Ukraine, record inflation, and a political party unable to lead and solve any pressing problems. The Conservatives have proved inept, and the Labor Party offers no serious solutions other than providing a larger social safety net. And King Charles lacks the vigor to provide the royal support that has in the past aided various PMs when the storms descend across the continent.

Best wishes, Rishi.

     As readers know, the Mayor traversed the UK, north, south, east, and west in August and September. The weather was extraordinary affording a comfortable close-up wherever our travels carried us. While the locals were cordial and upbeat, there did seem to be an underlying bit of anxiety, whether from Brexit, the death of Queen Elizabeth II, or the bumpy ride with the buffoon Boris, now gone. As the UK slips to 2nd tier status on the international scale, the City of London, the financial brain of Europe, continues to exert significant influence. Time will tell.

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