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Dflynch they have to fund something, either benefits or furlough else people starve, this is cheaper than the loss in tax take, so is nett positive, under the assumption that something has to be done. The alternative is no furlough, no benefits, and then, well then it's every man for themselves and no one supports anyone, that's not a society, that's America.
"That before HMG puts its hands in its pocket."
Correction this should of course read "That before HMG puts its hands in OUR pocket."
HMG has no money - it takes what it wants from us - the taxpayer!
People seem to forget this - all the largess of the moment has to be paid by taxes in the future - and just think ,many voted in the present set of muppets because they didn't want to elect a high-spending socialist government!
Cancel
hS2 and fund this for everyone for a year?
£4 per day is less than the increase in British Rail season tickets! Plus, you don’t have to do it on a daily basis. Just do it hen you need 24 hours proof, eg on Saturday morning before a football match, or a late sitting at a restaurant that closes at 10pm for other people without the pass.
Plus, entertainment venues will be desperate to reduce their ticket prices by £5, £10, £20, just to get their businesses back up and running.
That before HMG puts its hands in its pocket.
Been invested for 18 months on the back of labskin/AI and the additions of wastewater tech and now possible COVID stuff reinforces my view that this can hit 100p or even 200p.
I can understand why people are getting het up about costs - the daily £4 and the cost of the readers. But I think it's a classic case of not understanding the scale of state spending. If everyone in the country had a daily test (unnecessary, not everyone is going somewhere every day) you're talking what £70bn/year if gov funded it all. Have a quick look at what we are currently spending on furlough, unemployment benefits, moonshot, whatever.
People also seem hung up on the inequality angle. This isn't anything new. How do we solve it for other medical situations? Well, we give out free prescriptions to those who can't afford them, for example. So reality might look like the government subsidising some of the cost (let's say half - does £2/test feel more palatable, for a cost to gov of perhaps £25bn/year?). Or, they might make them available for free to people on low incomes. There are other options too: you could mandate tests for hospitality workers, for example, and the cost of 10/20 staff in a pub being tested would be recouped pretty quickly.
Agree the presentation wasn't as slick as it might have been but I think this is a case of people not understanding a transformational technology. I may be proven wrong in time but I'm not selling any of my shares.