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When will this shit end?


Chrisp1986

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3 hours ago, eFestivals said:

The Arts Council of England have frozen a £223,000 grant to defunct Birmingham nightclub Sundissential amid growing scrutiny of the Culture Recovery Fund. 

https://www.telegraph.co.uk/business/2020/11/04/questions-arts-funding-scheme-223000-nightclub-grant-frozen/

Great news!

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I should add that it’s definitely good news that the government are extending furlough from the point of view that they have the moral duty to support any business that they force to close and to compensate the employees of those businesses such that we aren’t just chucking people out on the streets.

 

The extension to March is a scary sign of things to come though. I’d imagine that when we go back to a regional approach in December there will be a 4th tier which is effectively a full lockdown of a region, and we might see more places in levels 3 and 4 compared to 1 and 2. 
 

I also worry about the long term economic cost. How on earth is the government going to pay back all the money it’s borrowing right now? 

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4 hours ago, Zoo Music Girl said:

 

Actually you are still allowed to go on holiday aren't you? Within the UK and within your bubble. So you'd be fine for a drive to the beach.

Ssh. Nobody tell my boss. I need this month off, I'm exhausted!

Nope, no holidays allowed. Essentially no overnight stays away from home apart from a few specific reasons

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11 minutes ago, Fuzzy Afro said:

I should add that it’s definitely good news that the government are extending furlough from the point of view that they have the moral duty to support any business that they force to close and to compensate the employees of those businesses such that we aren’t just chucking people out on the streets.

 

The extension to March is a scary sign of things to come though. I’d imagine that when we go back to a regional approach in December there will be a 4th tier which is effectively a full lockdown of a region, and we might see more places in levels 3 and 4 compared to 1 and 2. 
 

I also worry about the long term economic cost. How on earth is the government going to pay back all the money it’s borrowing right now? 

Honestly there was never a chance of this ending to the point financial support wasn't needed before March at the very least. We all follow the numbers on here so we're a bit more prepared than others for it all which is good I think. 

But yes very good news they're doing it ahead of time and unforced

It's still not helping people who have to self isolate though - and that's why its still spreading, so many aren't/can't afford to/employers won't let them actually isolate when told. If they can nail that down we'll have a chance of getting on top of it with the mass testing. 

On the money side I might be wrong but with many other countries being in similar positions hopefully they can fudge the numbers worldwide to make that less of a problem - it's not like we're dealing with something that actually exists anyway, it's literally just numbers on a spreadsheet

Edited by efcfanwirral
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3 hours ago, crazyfool1 said:

I do wonder who can look out their windows today and see evidence of a lockdown though .... I just hope transmission is reduced :( 

It's maybe slightly quieter here, but very slightly. You'd expect it to be quieter considering how much traffic is normally tourists but it's quite a nice day so I guess a lot of day trippers. Have to see what happens when the weather turns shit again. If the lockdown had started last week then I reckon it'd have been much quieter

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11 minutes ago, Fuzzy Afro said:

 

I also worry about the long term economic cost. How on earth is the government going to pay back all the money it’s borrowing right now? 

Proper investment in itself. Green New Deal. Complete overthrow of the current state monopoly capitalism system.

I’m not worried because it’s clear austerity won’t actually work. And it’s also clear from what they’re spending that they do have the money and can spend it. With all the money spent on bailing out the economy, they can’t use “we can’t afford it” as an excuse to not house homeless people any more.

We are already seeing it with the free school meals thing. They are making the socialist argument for us.

The division in the cabinet now comes from Johnson caring more about being a good PM than anything else. Whereas Sunak cares about his own investments and those of his friends. Because Boris will always be Boris and always have a career as a speaker making a shit load of money anyway. The rest of the cabinet don’t have that.

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@Fuzzy Afroyou are probably right, there is most likely going to be a tier 4, and a lot of the places which have been tier 3 will be moved to tier 4, and most in tier 2 bumped up to tier 3 as we exit the lockdown.

If they are going to go back to the regional approach, then they need to be certain that there won’t be another national spike which needs another national lockdown like we have now. That’s going to be down to regional mass testing and contract tracing and ensuring tiers are implemented swiftly before the situation gets out of control again.

Tier 4 will probably be similar to the rules we have at the moment, and either tier 3 or tier 4 restrictions will probably qualify for furlough and financial support.

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42 minutes ago, Fuzzy Afro said:

Furlough extended till March :( holy shit 

Aye, I mean, it's good obviously.... But I think in the last few days it's really become obvious we're in this shit for the looooong term. That BBC article someone posted about it being four years until 2019 normality seems not so far fetched. Can't imagine what kind of world we will have after that.

Christ, that was a bit bleak wasn't it??? In other news, I have four days off work, just had my hair cut (as these things are still allowed in Scotland) and heading home to spend a few hours playing with my kitten and eat chocolate. Boom! 

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Sunak confirms that the employment support scheme for the self-employed is being made more generous. It will be worth 80% of profits, not 40% of profits.

And he says he can assured the devolved administrations that the furlough scheme will be available for them until March.

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6 minutes ago, FestivalJamie said:

@Fuzzy Afroyou are probably right, there is most likely going to be a tier 4, and a lot of the places which have been tier 3 will be moved to tier 4, and most in tier 2 bumped up to tier 3 as we exit the lockdown.

If they are going to go back to the regional approach, then they need to be certain that there won’t be another national spike which needs another national lockdown like we have now. That’s going to be down to regional mass testing and contract tracing and ensuring tiers are implemented swiftly before the situation gets out of control again.

Tier 4 will probably be similar to the rules we have at the moment, and either tier 3 or tier 4 restrictions will probably qualify for furlough and financial support.

He hasnt qualified it for Tier 3 only actually. Seems to be for any business which needs it

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12 minutes ago, Sasperella said:

Aye, I mean, it's good obviously.... But I think in the last few days it's really become obvious we're in this shit for the looooong term. That BBC article someone posted about it being four years until 2019 normality seems not so far fetched. Can't imagine what kind of world we will have after that.

Christ, that was a bit bleak wasn't it??? In other news, I have four days off work, just had my hair cut (as these things are still allowed in Scotland) and heading home to spend a few hours playing with my kitten and eat chocolate. Boom! 

It was always the case we were in this for the long haul, the government didn't want to realise that and as such we are now massively under-prepared. it's good that furlough has been extended!

 

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22 minutes ago, DeanoL said:

Proper investment in itself. Green New Deal. Complete overthrow of the current state monopoly capitalism system.

I’m not worried because it’s clear austerity won’t actually work. And it’s also clear from what they’re spending that they do have the money and can spend it. With all the money spent on bailing out the economy, they can’t use “we can’t afford it” as an excuse to not house homeless people any more.

We are already seeing it with the free school meals thing. They are making the socialist argument for us.

The division in the cabinet now comes from Johnson caring more about being a good PM than anything else. Whereas Sunak cares about his own investments and those of his friends. Because Boris will always be Boris and always have a career as a speaker making a shit load of money anyway. The rest of the cabinet don’t have that.

This is like saying that if your neighbour rolls up in a new car he must have loads of money, he must have right? After all he's just bought a new car. The fact he has got it on credit and can't in fact, afford it doesn't matter.

The fact is governments have no money except what they take in tax or borrow, that is it, they have no productive investments to speak of just liabilities. At the moment the tax revenue they normally enjoy must be way down, many businesses closed or operating at low levels mean less corporation tax, less VAT, less income tax and NI from the staff laid off, add to that the increased cost of supporting these businesses and laid off staff and it's hard to see how this is sustainable.

This is where the money is coming from,

https://www.nationaldebtclock.co.uk/

 

 

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8 minutes ago, Ryan1984 said:

Little Rishi is acting like a Mini Boris today. Not answering questions and attacking the opposition.

He always does that, as well as spending ten minutes bigging up the past funding of the government. 

Man Rishi is maybe the worst of them. - The government is literally implementing a lockdown and extending furlough. Both things Labour have been calling for months. If they just admitted they were doing that and maybe worked with the opposition to implement and get the messaging out to both parties. Then it could look like a watershed moment of two parties coming together to help the UK. 

But instead Boris asks Keir to rally the troops to vote for the lockdown and then the Tories are back to saying Laour had no plan the next. Like they clearly had more of a plan than you?

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2 minutes ago, gizmoman said:

This is like saying that if your neighbour rolls up in a new car he must have loads of money, he must have right? After all he's just bought a new car. The fact he has got it on credit and can't in fact, afford it doesn't matter.

The fact is governments have no money except what they take in tax or borrow, that is it, they have no productive investments to speak of just liabilities. At the moment the tax revenue they normally enjoy must be way down, many businesses closed or operating at low levels mean less corporation tax, less VAT, less income tax and NI from the staff laid off, add to that the increased cost of supporting these businesses and laid off staff and it's hard to see how this is sustainable.

This is where the money is coming from,

https://www.nationaldebtclock.co.uk/

 

 

But who owns that debt? In many cases the same financial institutions we are bailing out. National debt is not the same as personal debt. 

but you did identify how we get out of this: make productive investments so we do have other income. 

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