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Old 17-06-2020, 09:06   #4039
jfman
Architect of Ideas
 
Join Date: Dec 2004
Posts: 11,146
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Re: Coronavirus

Quote:
Originally Posted by papa smurf View Post
When the furlough scheme ends the crap will hit the fan, i see mass unemployment for the foreseeable future
And that's the thing - Government pays either way. Ending furlough isn't a magic bullet for the public purse.

It's a choice between paying more, for a shorter period of time and getting the virus under control. Or paying out less over a longer period of time with a later and slower economic recovery as by then the factors causing the economic downturn become entrenched.
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