An article by former Prime Minister of the United Kingdom (UK), Liz Truss on wsj.com:
 |
| Former UK PM, Liz Truss. Photo: Getty Images |
Donald Trump’s re-election is a victory for conservatism over wokeism, for the people over the elite, and for the American economic model over the European. The U.S. economy has eclipsed Europe’s, including the U.K.’s. In the 2000s, Britons briefly had a higher gross domestic product per capita than Americans—today, we are $34,000 a head poorer. France and Germany have fallen similarly behind.
Most European nations consigned themselves to the economic doldrums through heavy taxes and regulation. They’ve suffered high energy costs and stagnation as a result. Even though the U.K. left the European Union, we have yet to remove many stifling regulations we were bound to impose during our membership in it. Worse, the U.K. doubled down on net Zero, ruining our industrial base and pushing out energy prices to the highest in the developed world.
