And reading the full article is being rejected by the left of the party same as welfare cuts and look what happened there.
Have to say I think you are wrong on covid. The bulk certainly went on us. Furlough, test and trace - these were the big ticket items in reality. Then you can add vaccine roll out, vaccine manufacture, nightingale hospitals etc. It is estimated covid cost somewhere in the region of £400bn. You cant realistically think that is coming back, it would be completely unwarranted. The fast track procurement lane was flawed for sure. But the reality is those contracts we see in the news are small beer. Let the govt go after them if they want, but even then dont expect to see the money back. See Mone as an example. Maybe we should look at the inquiry though? £200m I think it cost. Is that money well spent? I dont know, but it seems expensive.
We can have all the tech available but if unions refuse headcount reductions money will never be saved. Just more NON jobs created.
The downside nobody talks about is efficiency generally means job losses. Job losses = increased welfare costs. AI is the biggest threat to the public purse in my opinion. Terrifying to think the job cuts coming. Where do these people work now?
I don’t think I am wrong with respect The world's ten richest men more than doubled their fortunes from $700 billion to $1.5 trillion —at a rate of $15,000 per second or $1.3 billion a day— during the first two years of a pandemic that has seen the incomes of 99 percent of humanity fall and over 160 million more people forced into poverty.
I’ve read the health policy and spoken to senior leaders. I don’t with all policy than god but this and pride on place I know. They know what’s likely to come. It’s why some are making a deal of AI. Im not a fan of AI but if it helps people access services …
We’re talking about while financial systems in this context. People profiting from inequality. How did furlough get funded?
To me AL is only as good as info put in , good in good out, crap in crap out. It is a good tool for getting faster answers though.
£300bn borrowed by the government. Should we not have done furlough? An awful lot of poorer folk benefited from being able to keep an income when they would have been laid off. It was an essential policy to help people, sadly some took the piss. But it was a vital aid that cost money. You cant be realistically wanting that back from lenders. Where would the ask end? Covid was a global crisis that needed huge sums of money. The govt did a reasonable job under the circumstances.
Which is why you also need people to make it function initially. That was my invest to save point, but my dogs dying to get out so didn’t want to still be sat here debating
My simple point is the money was borrowed to cover financial inequality. They then charge unsustainable interest on borrowing and want the kick back to be cuts, not taxes. They didn’t borrow to is out of kindness, it was to get richer which is in turn making us poorer individually and as a nation. So they made money from Covid and the govt shouldn’t make us continue suffering, they should take some back from the those who gained. In my opinion anyway. However I’m going for a walk so my border collie is knackered before I set off to watch an unexpected Sunderland win. So signing off
Many smaller good companies like my brothers are still paying off the furlough loans, should definitely go big time after fly by night companies set up to rip the tax payer off, should even be allowed to go after people even if company closed down.
