BBC News: Reports on the remarks by the Chancellor of the Exchequer, " It is "not obvious there will be an immediate bounceback" for the UK economy, once lockdown restrictions are eased, the chancellor has warned. "
Lets Get Real:
The UK economy needs to get going after COVID 19 is either beaten or the UK has to live with the fact that COVID - 19 will be with us for years. There is vaccine research in the UK and the US and the process so for has been good, but it might take months or years for a final solution. After borrowing billions to keep people in WORK, the Government should pay it back over the decades, there is no need for austerity NOW, also it would cause further damage to the economy. The UK has COVID - 19 to deal with but also we will be out of the EU finally by December 31st, given the present economic condition there won't be much difference. The Government will have to open the public purse to finance work schemes for those out of work, it will be the 1980s - 9Os all over again, please make sure that any government jobs are REAL JOBS and that you are not thrown out of work after 6 months once the government reduces its support. Hard times ahead.
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