Even though she won a big majority of the Conservative members plus the largest number of MPs declaring, there was a feeling from the very outset that she would not be allowed to govern in the way she wanted.
The former Prime Minister is of less importance than resisting the temptation to make her mistakes all over again.
The Cassandras of Washington D.C are pointing their fingers at Hunt and Bailey’s “tighter fiscal and monetary policies”. But they were no fans of Trussonomics, either.
There is next to no support among its ranks in the Commons for more immigration, liberalising planning law and improving access to European markets.
The shift to subsidies is more than the timely, targeted and temporary measures that we saw during the pandemic, and signifies a bigger change in global public policy.
The impact of nursery closures on children will last for decades, limiting their success for their whole lives.
Opposition by big business and other vested interests makes enacting pro-growth policies difficult but not impossible.
But, again and again, there is temptation to say nothing, do nothing and hope for things to turn around on their own. And that, in our current circumstances, won’t do.
The billionaires get the significance of Space – and regard their activities as some eccentric self-indulgence is to fail to grasp what they are really up to.
There are enough mutinous MPs to sink almost any legislation, and he is in no position to face them down in the name of the bigger picture.
From renationalisation of the energy and train companies to a bonfire of environmental and employment regulations, taking back control from Brussels has opened a new range of possibilities that were previously off the menu.
The two easiest routes to boosting prosperity are by increasing immigration and planning reform. This is a reality few newfound enthusiasts for growth are willing to face.
The Government urgently needs a growth package – to boost investment in energy, food, transport and other areas in which there are shortages.
His plan for 2024 is to say: “I may not be most exciting politician in the world. But I’m the more reliable of the two before you. What I promise I then deliver.” It’s unlikely to be enough on its own.
My note of caution is that if the Government changes the rules on ratios now, the noise about it will drown every other positive thing we try to do.