Tuesday, 14 April 2020

6 weeks away - then what?


So at the beginning of this pandemic, I said that the recession that would come after the issue would be far worse than anything we have seen - Ever! For those that remember 2008, this will be far worse than that.

The Government always knew this and still does and treating us like fools. Yes, their first priority has to be the virus itself to save lives. That is not going well seeing as the Government didn't lock down soon enough and allow Cheltenham Races and other so to allow the spread of the virus. remember herd immunity wanting to get 6% of us to have the virus?

In May of this year, we should have had Local Elections and the Electoral Commission asked the Government for a 6-month delay. The answer finally came back saying it will be a 12-month delay till next May.  I believe this be for two reasons. First the health issue - this could be that we are still in lockdown. How likely that is is not that high given that other countries are now relaxing restrictions and also given the time gap you would have hoped the Government and work could have come up with other answers than lockdown. But never the less a possibility - no matter how remote.

But the second reason is for how much the Tories would take a battering at the polls given they know the outcome of this pandemic is one huge recession with mass job losses and failed businesses. Therefore the max they could have asked for was 12 month and hope some people be less likely to go out and vote against them. It would not be good for the Tories to get a hammering at the polls after such a huge success last December's general election.

Now the Chancellor is finally saying that he cannot save every household and business and there will be a disappointment after this is over. Here comes the drip-drip of trying to prepare the country for the disaster after. I have read a report on the BBC news site saying that it will be the worse financial disaster since the 1930 depression, and they could well be right.

Not very comforting for people and families but the Government should be open with us and should have been from the outset.

6 weeks away

When this lockdown started the Government stepped up to the plate and gave a range of things to help people this included furlough wages and 3 months mortgage holiday payments. Great something that was needed and required. But at this time all we seem to hear from the press is when will lockdown happen? One serious question that is not being asked what is going to happen in 6 weeks when the furlough wages stop and mortgage payments are due back. Millions of people will be affected but what is the Government going to do then? Drop everyone in it? Residents and business alike?  They should be telling people now what will happen in 6 weeks and what do they plan?





No comments:

Post a Comment

Note: only a member of this blog may post a comment.