18 year olds debate Ex - Chancellor on Britains Failure - ft Kwasi Kwarteng
This episode is sponsored by Suffrago, a polling platform where people can make their voices heard by those in power and where politicians go to listen. Find out more here: https://www.suffrago.orgThe man who delivered the most controversial budget in modern British history sits down with two 18-year-olds to answer for it. In this episode of The Conversation Cabinet, we interview Kwasi Kwarteng – former Chancellor of the Exchequer – on the mini-budget, the 49-day Truss government, and whether Britain is heading for irreversible decline.We pushed Kwarteng on why he went ahead with a budget he knew was intellectually flawed, what was really said when Liz Truss sacked him, and why he thinks no party in Britain is currently on the right track. He was more candid than we expected.Key Topics Covered- Britain's Doom Loop: Why raising taxes to fund a growing welfare bill is strangling the economy — and how Rachel Reeves coined the very term she now embodies- The Mini Budget: What he'd do differently, why spending cuts were deemed "politically too difficult", and the admission he did something he didn't believe in- Liz Truss: Why he backed her, why he now doubts her temperament for the job, and what happened in the room when she sacked him- Brain Drain: Why wealthy people are choosing Dubai and Milan over Britain and why he thinks the tax environment is directly to blame- Bitcoin: Why a monetary historian and former Chancellor thinks crypto is the most significant financial innovation in decades- The Future of British Politics: Why he believes no party will win an outright majority at the next election — and what that means for the countryWe would like to thank the Ian Mactaggart Programme for its support. Administered by the Free Speech Union, the Ian Mactaggart Programme was established to foster a culture of open debate, independent thinking and free expression among young people in the UK, especially students. To find out more and apply, please visit https://freespeechunion.org/grants/We are also proud to be part of the YouthTV network, the UK's youth-led media platform delivering bold, authentic content across news, entertainment, sport, wellbeing and podcasts. Built by young people, for young people, YouthTV exists to engage, educate and empower the next generation. Find out more at https://www.youthtv.co.ukSupport The Conversation Cabinet: If you enjoyed this episode, make sure to subscribe and hit the bell icon to stay updated on our weekly political interviews.🎵 Listen on Spotify:#TheConversationCabinet #KwasiKwarteng #MiniBudget #LizTruss #BritishPolitics #Chancellor #UKEconomy #RachelReeves #Conservatives #PoliticalInterview #Bitcoin #TripleLock