The Mudcat Café TM
Thread #167690   Message #4061441
Posted By: Rain Dog
26-Jun-20 - 04:28 AM
Thread Name: BS: UK thread, Politics and political
Subject: RE: BS: UK thread, Politics and political
Jim posted "It will be argued when things go wrong that the risk was taken "for the good of the country" - the way the economy is heading, all working people have to look forward to is the hope of a breadline job stacking shelves for Morrisons
The only beneficiaries will be the wealthiest and most secure of the shareholders"

I am not sure what you are saying here. is it that they should not be relaxing the lockdown until people are sure that there is no risk?

Then you say "the way the economy is heading, all working people have to look forward to is the hope of a breadline job stacking shelves for Morrisons
The only beneficiaries will be the wealthiest and most secure of the shareholders"

Are you saying the economy is heading that way due to the lockdown or for some other reason?

The facts are that we are heading for huge economic problems. The government has spent huge amounts of money and will probably have to continue to do so, while at the same time revenues are falling faster than ever.

People are losing their jobs because of the lockdown and it is most likely that a lot more jobs will be lost. Even if a cure for the virus was found today, it will take quite a time for things ever to return to 'normal'.

As I mentioned a while back, it has struck me that most of the regular posters to these threads are no longer working. The loss of jobs will probably only hit you later, when services that you use are affected. For those people who are still working, the loss of their jobs will have a dramatic and immediate effect on their lives. For those small to medium business owners the loss of their business will have the same effect.

We are living in troubled times and I don't see any easy remedies ahead.