I'm not sure this mini budget will play well with the red wall. Extra money for the rich and more money for bankers probably won't go down too well in the cities of the northern tundra.
Will trickle down work? I very much doubt it.
Lets give old Trussy a chance and see what else she can come up with.
Trickle down does work though.... to a point.
All of the wealthy people I know spend their money. They drive expensive cars which sustains the dealerships and provides jobs. They have all had alterations and extensions to their homes which sustains the trades, usually sole traders and small businesses. They go off on expensive holidays etc etc etc
The reason that the left are so sniffy about Trickle Down is that the money usually doesn't trickle all the way down to the bottom to those who want something for nothing.
Truss and Kwarteng have already won or lost the next election, and as much as I despise the man, Tony Blair was right about winning over 'Mondeo Man' to win elections. These tax cuts will put quite a lot of extra cash into average peoples pockets and cancelling Sunak's stupid rise in Corporation Tax will give businesses large and small a boost going into a difficult time.
If we avoid going into recession or even if the recession is shorter and shallower than our contemporaries Truss will probably win the 2024 election.