I wonder if all the people the State has deemed fit for work are now self-isolating as requested by it,
State response to economic collapse from C19 (basic income)
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I wonder if all the people the State has deemed fit for work are now self-isolating as requested by it,
ska invita
back on the other side
The TUC has published a report setting out details of five measures that it thinks the government should adopt to protect jobs and family incomes. It is calling for:
1 - Wage subsidies for people who have lost work. “Just like in Germany, Denmark and Sweden the government should subsidise wages for reduced hours and help working families,” the TUC says.
2 - Sick pay to be available for everyone, with the rate increased from the current £94 per week.
3 - Better support for parents who need to take time off work to look after children.
4 - A further significant economic stimulus. “The government must help people meet their rent, mortgage and debt payments, give people living on benefits and pensions a significant bump in income,” the TUC says.
5 - A taskforce combining employers and unions working together to avoid mass unemployment.
Frances O’Grady, the TUC general secretary, said:
1 - Wage subsidies for people who have lost work. “Just like in Germany, Denmark and Sweden the government should subsidise wages for reduced hours and help working families,” the TUC says.
2 - Sick pay to be available for everyone, with the rate increased from the current £94 per week.
3 - Better support for parents who need to take time off work to look after children.
4 - A further significant economic stimulus. “The government must help people meet their rent, mortgage and debt payments, give people living on benefits and pensions a significant bump in income,” the TUC says.
5 - A taskforce combining employers and unions working together to avoid mass unemployment.
Frances O’Grady, the TUC general secretary, said:
A380
How do I change this 'custom title' thing then?
Cheap /free loans for the big companies and banks.
No business rates and maybe help with payroll for SMEs
Some fuck off big Kensian projects from the Autumn- HS2 a trans pennine tunnel? New literal landing ships to replace Ocean and Illustrious ?? Perm any fantasy projects.
Helicopter money- say a grand in time limited vouchers - to stop people using them to pay of LG credit cards or save it.
Who knows. The rich won’t suffer though- so there is that.
No business rates and maybe help with payroll for SMEs
Some fuck off big Kensian projects from the Autumn- HS2 a trans pennine tunnel? New literal landing ships to replace Ocean and Illustrious ?? Perm any fantasy projects.
Helicopter money- say a grand in time limited vouchers - to stop people using them to pay of LG credit cards or save it.
Who knows. The rich won’t suffer though- so there is that.
SpookyFrank
A cheap source of teeth for aquarium gravel
Quite so. And whatever rescue measures are brought in by the state, rest assured capital will not be footing the bill for them.
The tories are even placed, courtesy of Sunak's ludicrous budget, to pretend they were just getting ready to cancel austerity and start investing untold billions in everything until covid-19 forced them to revert to permanent, ideologically driven austerity. Which they will gleefully do with no sense of shame whatsoever.
Shechemite
Be the sun and all will see you
It’s a disaster mate, no one here is denying that (I hope)
Smokeandsteam
Working Class First
I think that’s a bold statement to make at this point for two reasons. Firstly, the Tories have got a new constituency to manage. Selling austerity redux - and achieving consent for it - because they’ve bailed out capital again is not as straightforward as they would like it to be. But the second reason is that capital makes a lot of money from mopping up and managing the toxic fall out of neoliberalism - healthcare, private prisons, private sector run law enforcement, drug firms etc etc.
In circumstances where the producer economy has long gone and where a newly shrunken service sector and a terminally sick finance sector become further propped up by corporate welfare a massive programme of public works becomes one of the few ways for money and capital to cycle round the system. Let’s face it, there are fewer and fewer other options open to neo-liberalism in late capitalist economies suffering repeated systematic shocks
ska invita
back on the other side
Spanish PM calls for EU ‘Marshall Plan’ to stop the coronavirus
Pedro Sánchez says he will ask MPs to approve an extension of the country’s state of alarm by a further 15 days.
www.politico.eu
Spain perhaps the most explicitly socialist government in europe?
Curious what Podemos are saying....
ska invita
back on the other side
Fairly understandable summary of the governments finance options here
www.theguardian.com
"His options are to reimpose austerity, follow the post-war approach or use monetary finance "
The first 30mins of this video covers similiar territory in more depth and also has some interesting reporting of the scale of the recession, as predicted by big international finance bodies
novaramedia.com
Printing money is the one I expect
Rishi Sunak's dilemma over how to pay for his coronavirus spending | Larry Elliott
His options are to reimpose austerity, follow the post-war approach or use monetary finance
The first 30mins of this video covers similiar territory in more depth and also has some interesting reporting of the scale of the recession, as predicted by big international finance bodies
The Great(er) Recession | Novara Media
How much of our economy will survive the COVID-19 recession? What will come next? Plus, the government's testing fiasco, with Michael Walker, Aaron Bastani and James Meadway.…
novaramedia.com
Printing money is the one I expect
ska invita
back on the other side
HAvent got time to read the article at the mo, but if the tweet is a correct summary, its a good policy
Buddy Bradley
Pantheistic solipsist
There's a long-term societal consequences one in P&P, I think?
Bahnhof Strasse
Met up with Hannah Courtoy a week next Tuesday
If they don’t go for targeted furlough well over a million extra people will lose their jobs next month and the cost of supporting them will be similar to furlough, but for much longer.
Bahnhof Strasse
Met up with Hannah Courtoy a week next Tuesday
For what it's worth, probably not much, petition to extend furlough: Extend the furlough scheme for those who need its most
Bahnhof Strasse
Met up with Hannah Courtoy a week next Tuesday
It knocks on so badly. My industry, travel, is well fucked, that’s fairly obvious. But just spoken with a client who leases satellite communication equipment to news organisations, they haven’t rented a single sat phone since March, journalists can’t travel to places where they are needed.
I have one guy who works for me, he’s been furloughed since the start, unless some kind of targeted furlough comes along soon he’ll be made redundant at the end of October, we’re down to around 25% of our usual ticket sales, cannot keep him on with that. Still better than many agents who have issued zero tickets since March.
Bahnhof Strasse
Met up with Hannah Courtoy a week next Tuesday
I rent an office in my town, it comes with one parking spot, these are highly sought after, however now there’s lots of them. Another company occupying a large chunk of offices is a specialist South Africa tour company, they’ve just gone bust. Another company does some kind of marketing bollocks for hotels, no one from there has been seen in months, there’s around five cars there each day now, normally at least 50...
Yeah, saw that and signed it.
A large % of us need 'people wanting to buy things' frogwoman because we live in a capitalist society sadly
It seems unlikely the UK will extend the furlough scheme and there will be massive redundancies regardless. Glad the government have been telling people to get back to work?
DotCommunist
So many particulars. So many questions.
its that combined with the mass homelessness projected that makes me think they will have to row back on this and restart furlough. With a less 'thats what I thought, but better' opposition furlough might not have been so quickly ended.Yeah, saw that and signed it.
A large % of us need 'people wanting to buy things' frogwoman because we live in a capitalist society sadly
It seems unlikely the UK will extend the furlough scheme and there will be massive redundancies regardless. Glad the government have been telling people to get back to work?
frogwoman
No amount of cajolery...
Yeah, saw that and signed it.
A large % of us need 'people wanting to buy things' frogwoman because we live in a capitalist society sadly
It seems unlikely the UK will extend the furlough scheme and there will be massive redundancies regardless. Glad the government have been telling people to get back to work?
No.
I've already lost around half my income this year
Maybe when all that money comes back from the PPE and Ferry companies it will be extended?
Pickman's model
Starry Wisdom
tbh we'd probably all be better off if all the lords and mps carked it from the virus or some otherYeah, saw that and signed it.
A large % of us need 'people wanting to buy things' frogwoman because we live in a capitalist society sadly
It seems unlikely the UK will extend the furlough scheme and there will be massive redundancies regardless. Glad the government have been telling people to get back to work?
A Coup or just a massive explosion?
Pickman's model
Starry Wisdom
as long as they feed the penguins who cares?
I'm thinking (hoping) this will be the case. Its not unlike this government to do a 180 degrees when its under pressure. They'll likely call it something else or just targeted furlough and it won't be as comprehensive but I'm thinking it unlikely they'll just go with the jobs cliff edge. Though given previous form they'll no doubt leave it to the last minute when the criticism has become a crescendo.
Bahnhof Strasse
Met up with Hannah Courtoy a week next Tuesday
When everyone's been handed their notice is my bet.
I hate basic income anyway as it’s a mechanism to prolong the relevance of capital rather than a route out of shit for the impoverished.
quimcunx
imprimeo, lamino, distribuo
Yeah, saw that and signed it.
A large % of us need 'people wanting to buy things' frogwoman because we live in a capitalist society sadly
It seems unlikely the UK will extend the furlough scheme and there will be massive redundancies regardless. Glad the government have been telling people to get back to work?
The irony being of course that we need to move to a system that very much does not rely on people buying stuff. A lot less likely than furlough being extended.
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