Re: Coronoavirus: Furlough Wind Down Starts
Originally Posted by
Morticia
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A rather Julie Andrews type simplistic view.
There was always going to be job losses ... you don't tell 10 million people to stay at home and not work and not expect to have a very very expensive day of reckoning.
It was over generous .... it's now going on too long and looking at how many people are complaining they're getting stranded in foreign countries whilst on holiday ... they aren't taking it all too seriously at all.
i wouldn't call Julie Andrews simple minded
In fact she has played mainly down to earth sensible roles with plenty of common sense.
The Government had a choice. Do nothing and watch the whole pandemic lockdown crumble into downright anarchy and revolt, or the alternative which was possible because we have a strong economy that can take the debt. People robbing each others houses during a pandemic or starving on the street would not have done the economy or country much good. The property market crashing would have been a good move? I don't think so. It would have been a right mess had they done nothing.
I do think it's been abused by some and that adequate controls were not in place, but it was an emergency measure so that was bound to happen. However, they do need to go back and check whether funds were appropriately apportioned and perhaps those who can should pay back over time? I did think some of these payments to companies were loans.
The economy is like a goldfish bowl. People who think this should not have been done do not seem to understand how adversely they would be personally affected had it not taken place.