From my Twitter account this morning:
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Is it just me, but why an earth is this man (boy) so universally lauded in the media (R4 was telling us about him being a Star Wars fan blah, blah, blah)?
What is going on? He hasn’t got a clue, or is he just a puppet for Cummings and Gove or is it both? I for one am not fooled and I would not consider myself particularly smart.
What sort of Government issues ‘loans’ at a time of crisis? Only spivs and loan sharks do that sort of thing.
I am not impressed – Wishy Washy Rishi is no Luke Skywalker; he is definitely more on the Dark Side of the force, without – apparently – realising it.
I’m afraid he is going to have to give us more than the few crumbs from the table before he impresses me.
Pilgrim, we don’t want crumbs from the table; the govt has the powers to control the bakery. Let’s use them. L
Certainly not after crumbs Gerry – I agree wholeheartedly but I’ve just been watching Wishy Washy in action today and it looks like crumbs to me. I’m not impressed.
I’m depressed
And we had Paul Johnson from the ‘respected’ IFS saying about paying for all of this
He seems to be clueless about economics
So this Jobs Retention Bonus, possibly costing £9Bn doesn’t really make any sense to me. It is paid to the company. It will not cover the cost of employing someone from November to January to qualify for this bonus, so why would the company need it – if they can’t afford to re-employ their furloughed staff, then this bonus is really not going to help is it.
After January do they just layoff the employees and walk away with the bonus?
I have just posted on this
The projections for unemployment are Panglossian in the extreme. All the data coming out of surveys of businesses using the furlough scheme, suggest roughly half of the jobs are going to end as soon as the scheme supporting them does. Once you tot up the existing unemployment numbers, the collapse in incomes amongst the self-employed, and the fallout from the end of the furlough scheme, it’s difficult to see how the true unemployment numbers is going to be lower than 8-10 million. Even this assumes that coronavirus heeds Johnson’s demands for it to go away, which its recrudescence in other countries seems to make an impossibility.
One does have to marvel at the media messaging operation Cummings has created. Within seconds of any government announcement, sockpuppet accounts on social media are spamming out positive messaging, the courtesans on MSM outlets (looking at you Beth Rigby) frame policy not from an objective journalistic perspective, but as spokesmen and women for the Conservative party.
I think 8 – 10 million is high end
But I can’t see it being less than 6 million
And I wish I could because of all the anguish that will create
Throw Brexit in the mix-something which seems to have been largely forgotten- and I think 8-10 million might seem like extreme optimism. A no deal Brexit, which is guaranteed at this point, was going to result in a few million job losses all by itself.
You may be right