Wednesday, July 08, 2020

How far will the unemployment go - COVID - 19 Update 2 - Health/ Economy


Lets Get Real:

Lady Thatcher had millions out of work, the State on the whole does not MAKE JOBS, it can help in job creation, but government work is not the long term answer, look at the end of the coal mines and the steel industry.   The sectors that makes jobs are in the private sector, these jobs are self created, because there is a demand for their products.  Thus the Johnson Government must be wary of seeking to please the BBC/GUARDIAN types who want to spend other people's money on short term job schemes that hurt the economy and do not show the real picture of the economy.   There needs to be tax cuts, reduction in VAT, after BREXIT, make the UK the country to be when seeking to build a business.  It would be folly for the Government to try to outspend Labour, the Labour Party is tarnished by that image, the UK voter wants a Conservative Government to be honest, if its bad, just say its going to be Bad, PEOPLE like honesty not BS. 

COVID - 19 and the Economy - Health/Economy


Lets Get Real:

What about those OVER 25, well those 50 +, are we meant just to die off and allow the youngsters to get the benefits of GOVERNMENT ACTION, also this new scheme has the smell of one of Labour's old policies, and that failed also, what about after the SIX MONTH PERIOD, the employers can just SACK those they have on the scheme and take another youngster on board.   They do very well out of the scheme and the poor young unemployed will joint the millions expected to be OUT OF WORK.   The recession after Government furlough is expected to be the worse in 18th Century, the Great Depression will look like happy hour, let's hope the powers that be are right that it will be a V shaped recovery, let's hope the bottom part is short and not deep! One has doubts.