[Kizzy]

Originally Posted by Cherie

Recessions are cyclical, we were pretty much due one anyway so may as well get on with it

Cyclical recessions and economic depressions have always been an integral part of the market economy in the last five centuries. With each contracting cycle occurring on average every five to ten years within longer cycles of structural expansion of contraction

There's usually a catalyst, a war of some description say. We weren't just 'due' one, the idea of recession is to allow governments time to financially recover and or pay off debt. It was always stated clearly the tories were well on track with that. So either the pandemic has caused this, or they lied.

[user104658]

Originally Posted by Cherie

Recessions are cyclical, we were pretty much due one anyway so may as well get on with it



Cyclical recessions and economic depressions have always been an integral part of the market economy in the last five centuries. With each contracting cycle occurring on average every five to ten years within longer cycles of structural expansion of contraction

This one is going to be a bit extra-special, though.

[Cherie]

Originally Posted by Toy Soldier

This one is going to be a bit extra-special, though.

Oh well, not much point crying about it imo

[Jigs]

Jacinda Arden is laughing at the fat sack of spuds we call our PM

Saying that, I feel blessed that we aren't America...

[Mystic Mock]

Originally Posted by Samm

our government have done such a fantastic job

Brexit meets Covid was always gonna severely harm us Economically imo.

However I do think that a lot of countries (including the UK) could've done a lot better than we have done this year. We responded to the Covid crisis too late.

[joeysteele]

Originally Posted by Mystic Mock

Brexit meets Covid was always gonna severely harm us Economically imo.

However I do think that a lot of countries (including the UK) could've done a lot better than we have done this year. We responded to the Covid crisis too late.

I agree.

We played reactive catch up for way too long.
On the pandemic.
On that, this government has been diabolical out of just about ALL other Nations.
The death rates a national scandal.

Now this recession.
Again, it was obvious a recession would be forthcoming from this and that it would be bad.
No matter who was in power.

So one has to hope they've planned more for this, they've had near 5 months to build and prepare for it.
It didn't just suddenly hit.

So we need to wait to see what they do now.
Do they strike the right balance, do they ensure those needing the most assistance in losing their jobs, get it.
That help is in the right place and to the right people.

The problem with this government is, they don't listen properly initially or consult properly either.

The pandemic, I'd give them at best 2 out of 10.
Most of that 2 to Rishi Sunak.

The recession, well fasten our seat belts.
This could be a ride of horror.
Unless Johnson and his group have, any surprising, valid and appropriate plan.

I sadly doubt they have but will try to optimistically hope they may have.

[Mystic Mock]

Originally Posted by joeysteele

I agree.

We played reactive catch up for way too long.
On the pandemic.
On that, this government has been diabolical out of just about ALL other Nations.
The death rates a national scandal.

Now this recession.
Again, it was obvious a recession would be forthcoming from this and that it would be bad.
No matter who was in power.

So one has to hope they've planned more for this, they've had near 5 months to build and prepare for it.
It didn't just suddenly hit.

So we need to wait to see what they do now.
Do they strike the right balance, do they ensure those needing the most assistance in losing their jobs, get it.
That help is in the right place and to the right people.

The problem with this government is, they don't listen properly initially or consult properly either.

The pandemic, I'd give them at best 2 out of 10.
Most of that 2 to Rishi Sunak.

The recession, well fasten our seat belts.
This could be a ride of horror.
Unless Johnson and his group have, any surprising, valid and appropriate plan.

I sadly doubt they have but will try to optimistically hope they may have.

Tbh I have no faith in British Politics at this point if I'm being entirely honest, all of the better Politicians in the Tories and Labour never get a shot at power, and Boris imo is doing a better job than May and Cameron ever did for this country imo (as at least he gave out the Furlough scheme) but like you I'd never trust him to fix our Economy.

[Kizzy]

He agreed to a furlough scheme, he won't have been the architect. There was no other option in a lockdown.

[caprimint]

Yes because it's really fair to judge any government in the middle of a pandemic

[Samm]

Originally Posted by caprimint

Yes because it's really fair to judge any government in the middle of a pandemic

Well since countries like New Zealand, Taiwan, Singapore and Germany have received positive outlooks from their response, with leaders of each of those countries gaining better approval ratings. It is extremely fair to judge a government.

We live in a democracy, governments need to be challenged every step of the way, for good and for the bad.

[Daniel-X]

Originally Posted by caprimint

Yes because it's really fair to judge any government in the middle of a pandemic

The government are there to be judged, it’s not like any other day to day job.

[Zizu]

Sky News had experts on today suggesting we will be out of the recession in the next week or so ..


Sent from my iPhone using Tapatalk Pro

[Cherie]

Originally Posted by Zizu

Sky News had experts on today suggesting we will be out of the recession in the next week or so ..


Sent from my iPhone using Tapatalk Pro

The BoE said last week it wouldn’t be as bad as first feared, so pretty pointless listening to any of them given we have never lived through a pandemic of this nature before