Is Liz Truss potty or very very clever?

For the moment the jury is out. Either Liz Truss has thought up some crackpot scheme to boost the UK's economy based on wishful thinking and back-of-the-envelope mathmatics or she has a brilliant brain which has worked out everything very carefully and we shall all be in clover in the not too distant future. The trouble is all the best economic brains are saying she has got it wrong and that her tax-cutting strategy will doom the country to becoming a banana republic, or rather, a banana monarchy, as Politico put it. Of course Truss's rival for Number 10, Rishi Sunak, said during his campaign for the leadership that tax-cutting would have to wait and that the first priority was to deal with inflation. That to me sounds like common sense. If only the Tory party members had listened. I can understand Truss's desire to do something bold and dramatic in her first weeks in power but to launch into a crazily risky economic venture when a recession and inflation are kicking at her heels would seem to be the height of folly. Now of course she is digging a bigger hole for herself by refusing to change her mind and indeed saying she has more, much more, tax-cutting up her sleeve. I fear the answer to my question in the headline is that our new prime minister is verging towards being bonkers.