| From hero to zero 17:43 - Nov 25 with 628 views | gtsb1966 |
Will be a good title for Rishi Sunak's biography in a few years time. Six months ago he was lauded for the furlough scheme but will be loathed in a years time. He must have the worst job in government right now. |  | | |  |
| From hero to zero on 18:17 - Nov 25 with 570 views | Steve_M |
He doesn't need to introduce Austerity 2.0 at this point though, borrowing is incredibly cheap at the moment.
The folly of erecting major trade barriers in the middle of a global pandemic is endemic to the modern Tory party but he has manged to ignore the impact of Brexit today. |  |
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| From hero to zero on 18:19 - Nov 25 with 561 views | factual_blue |
Particularly when people realise the £4bn 'levelling-up' fund is a con, and virtually none of it will get spent.
The £3bn help for the longer-term unemployed will mainly go to the private sector 'training companies' to help people become 'job ready'. As those companies are incentivised to get people into 'permanent jobs' (defined as one lasting at least six months), said companies are happy to basically pay unemployed people to do little more than pop bubble wrap for six months to get a stonking pay-out.
As 'there is no Ministerial appetite' to prosecute fraud in these companies, they get away with murder (probably not literally). |  |
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| From hero to zero on 18:37 - Nov 25 with 535 views | nodge_blue |
| From hero to zero on 18:17 - Nov 25 by Steve_M |
He doesn't need to introduce Austerity 2.0 at this point though, borrowing is incredibly cheap at the moment.
The folly of erecting major trade barriers in the middle of a global pandemic is endemic to the modern Tory party but he has manged to ignore the impact of Brexit today. |
Interest rates are virtually zero, so the cost of interest is cheap, but 2 trillion is still a lot of money to owe and payback people regardless of the interest charged.
And as they have been saying it’s the younger generation that will face those payments. |  |
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| From hero to zero on 18:39 - Nov 25 with 527 views | Trequartista |
Do you mean that he will loathed for the decisions he is making, or loathed because whatever he does, there is economic pain next year? |  |
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| From hero to zero on 18:52 - Nov 25 with 518 views | BlueBadger |
| From hero to zero on 18:37 - Nov 25 by nodge_blue |
Interest rates are virtually zero, so the cost of interest is cheap, but 2 trillion is still a lot of money to owe and payback people regardless of the interest charged.
And as they have been saying it’s the younger generation that will face those payments. |
I'd rather be paying money back to keep people in work then counting the cost of not doing it. [Post edited 25 Nov 2020 18:55]
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| From hero to zero on 20:08 - Nov 25 with 445 views | 26_Paz |
I have a lot of man love for Rishi. Fantastic Chancellor and future PM for sure. |  |
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| From hero to zero on 20:11 - Nov 25 with 441 views | nodge_blue |
| From hero to zero on 18:52 - Nov 25 by BlueBadger |
I'd rather be paying money back to keep people in work then counting the cost of not doing it. [Post edited 25 Nov 2020 18:55]
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Sure. But if we get to a stage where people believe countries are incapable of paying back their debt then we are in a world of danger.
Have a read of the mandibles by Lionel shriver | |
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