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There are mediocre students at Oxbridge just as there are at any other academic institution. Truss owes her 'rise' largely to being an agent of Putin's interests (like so many others in the subverted Tory party) rather than ability. These people are not actually about ideology, and it's a mistake to concentrate on that. They are just there to weaken governments and discredit them, pushing private interests, etc. Truss was only up against another extremely weak 'leadership' candidate. There's really not much more to it.
I was always puzzled by Truss. She must, at least one time, have possessed some academic ability having attended Oxbridge. What on earth did she learn there? Surely one of the key points of a prestigious education is the ability to question alleged 'certainties' whether in personal or public life. I was puzzled and confused by her entire program and repelled by her ideological blinkered determination to persist with practices which commanded no intellectual support or validation. I wonder at the intellectual capacity and tortuous thought processes of someone who views herself (as a Conservative Prime Minister) as a guerrilla ideologist operating behind the rear lines of the establishment! Truly, a modern conservative politician is a strange beast to behold.