Outgoing Prime Minister Boris Johnson of Great Britain campaigned like a Conservative but ruled like a Joe Biden.
Taxes and regulations ballooned. Britain’s tax burden rose to a 70-year high. Energy costs exploded, as Johnson pursued a radical renewables program. The UK’s economy is in shambles. Inflation is sizzling, and recession looms.
This episode of What’s Ahead outlines what the next prime minister should do—namely make a 180-degree turn, enacting new policies in the free-market spirit of Margaret Thatcher. During Thatcher’s time in office, from 1979 to 1990, Britain morphed from the economic sick man of Europe to a global economic powerhouse.
A pro-growth, free-market program in Britain would set a sterling—and badly needed—example for the rest of the world.