By George and all the Saints! Rishi Sunak's gonna give us all a £500 voucher to go and get shiffaced! ...
You have to laugh, don't you! I feel sort of "praad to be British" that while the rest of the world worries about care homes, second wave Covid, collapsing economies and spiraling debt, Blighty's Chancellor of the Exchequer rises above it all and bungs 500 smackers on the slate for each of us!
Rishi "the beers are on me - well actually your grand-kids" Sunak.
But is there a silver lining to this, errr, silver lining?
Notice how easy it is to deliver vouchers these days. Onto a card or your phone at the flick of a switch! You get where a Libertarian like yours truly is going with this now, right? If 500 quid's worth of jollies is such a cinch to deploy, how about £2500's worth of private health insurance per annum? Or £8,000's worth of independent school vouchers per annum? Or £3,500's worth of care home costs per month?
The replacement of the public sector owned and operated so called "Welfare State" - that just slaughtered 60,000 Brits in 3 months, that starved and dehydrated to death 10,000 elderly and vulnerable people annually for years, that handed 1,300 vulnerable white girls over to Pakistani Muslim rape gangs, that produced a generation of young people who are, in the words and 3.5m hiring deeds of employers, "not as smart and hard working as their central and eastern European peers" - is just a flick of a switch away!
The rotten, murderous public sector is eminently replaceable! Huzzah!
Fades to "Switch 'er off, switch 'er off!" sung to the tune of "Lock 'er up, lock 'er up!"
SoD
Oi, Gaffer, c'mon, time to join Rishi and stump up for the Libertarian cause! ...
https://www.telegraph.co.uk/property/uk/bank-mum-dad-lending-surge-700m-post-covid-market-shuns-first/
Bank of Mum and Dad' lending to surge by £700m as post-Covid market shuns first-time buyers
You had £700m stashed away all this time!
Gimme, gimme, gimme!
SoD
Posted by: Loz | Sunday, 05 July 2020 at 11:31
Er, will you take a cheque?
Posted by: David Duff | Sunday, 05 July 2020 at 11:36
One day, hopefully the day after I'm gone, the impossible to repay global debt will experience a coordinated write down and write off. Nobody is going to repay anything. Not even owning gold will mean anything since its "store of value" won't be there. A difficult period will follow. The ghost of Keynes will be fetching tea for the ghost of Hayek.
Posted by: Whitewall | Sunday, 05 July 2020 at 13:45
Looks like Rishi was listening to you Whiters! ...
https://www.telegraph.co.uk/business/2020/07/04/furloughed-workers-gain-protection-redundancies-new-rules-claw/
Employers planning mass redundancies of furloughed workers face restrictions that may force them to pay back months of wages to the taxpayer.
Employers who lay off vast swathes of their workforce after receiving government money may be forced to make reparations to the taxpayer.
The Treasury has panicked some businesses by rewording the purpose of the Coronavirus Job Retention Scheme to say it is “integral” that its money is “used by the employer to continue the employment of employees”.
What a crazy miscalculation by HMG! If the employers had know this retrospective change to the t's & C's of the furlough deal they'd have sacked all the furlough staff back in March!
These fake jobs are command economics gone mad! If nobody wants to stay in hotels or go on a cruise anymore it's digging holes and filling them in again territory to keep the jobs going. Give them unemployment benefit and let the market re-allocate them.
From Libertarian hero to Marxist nutjob in one fell swoop.
The lawyers will have an expensive field day on this one and crucify HMG at the same time.
Does this government stand for anything except incompetence and fakery?
SoD
Posted by: Loz | Sunday, 05 July 2020 at 14:28
Why I do believe you're right SoD! Fake jobs, fake money and years of fake economic models deliver these kinds of results. The money wheel goes round and round and at intervals, some people can reach in and grab some, only to have to put it back in on the next turn. Quite a trick!
Posted by: Whitewall | Sunday, 05 July 2020 at 14:46
The whole purpose of the government action was to ensure people laid off did not starve or were left homeless. This was not your usual economic banking collapse. The strange thing is is that it will not be the alleged skiving workers who claimed benefits it is the employers this time ripping the taxpayer and the Tories do not seem to mind a bit.
Posted by: Glesga | Sunday, 05 July 2020 at 16:08