The government came to power with interest rates rising from 0.1% and inflation about to hit 8%. That's a pretty good recipe for a significant economic shock. All we've had so far is a rise in unemployment from 3.5% where there were labour shortages, to 4.2% where the shortages have been addressed but most people who want a job can get one. Mortgage defaults remain near historical lows. The budget has been returned to surplus. The outcome to this point seems indicative of a crisis that's been handled well rather than one that's been handled poorly.
