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Boris & Co. tout a V-shaped recovery whilst ONS GDP figures show a recession with everything going pear-shaped for the UK at best. Do we really want the idiots who created this mess left in charge of getting us out?

August 12, 2020 Leave a comment
Courtesy of Office of National Statistics (ONS)

We knew the figures were coming today. But we probably didn’t bank on the situation having already gone so far.

The UK is now in a Recession of the likes that we have not before seen. In fact, with the 2008 Financial Crisis being the only recent benchmark or reference point that can be used to pinpoint and illustrate what happens at Economy level when things go financially wrong, we can see just how deep the depths of this politically created recession will be when we compare the them on the above graph.

This is just the start. Things are set to fall further. Life, financially for us all, is set to become very hard indeed.

Regrettably, it makes perfect sense that the politicians who not only created this situation, but continue to take step after step that is making things considerably worse, would think and say out loud that they are now looking to ensure that a V-shaped recovery is found.

With the unnecessary and avoidable damage that was done to this Country the very moment that the Lockdown began, the window of opportunity to minimalise that impact was lost when the Chancellor failed to shut down the flow of money in the same way that the Prime Minister had shut lives, businesses and jobs.

With every day that has past, every job that has been furloughed or lost and every business that has been shut down, the ability of any politician or leader to take the UK Economy back to anything near being the same as it was before Coronavirus has become less and less.

When we look forward and ask ourselves  how we get out of this mess, there is only one step that this Government could take right now, today, that would maximise the opportunity to return things to whatever normal will now look like with the minimum pain and in the minimum time:

End all Social Distancing and Lockdown measures immediately so that all businesses that are still operating or capable of operating can do whatever it is they do without any kind of unnecessary legislator restriction, and get everyone who still has a job straight back to work.

This Government does not have any idea or concept of the depth and voracity of the domino effect that it caused and the damage that it has done by shutting down the Country and then failing to mitigate the fallout of their Lockdown in the comprehensive and universal way that it could and should have been.

In reality, the only way that we can have the best chance of us all reaching a place where the way that the economy and finance will work fairly and for us all is if we replace the politicians that we have right now with those who are committed only to doing what is right.

Boris and all of this political class do not possess the vision to picture the consequences of decisions that they take. Nor do they having any comprehension of what life experience is for the majority in this Country in any way beyond what they relate to as being their own.

There is a massive reset coming. Not of a wilfully or conspiratorially created kind with names like ‘new world order’ as some now fear. But because of what stupid politicians in the UK and right around the World have done over a long period of time through a process that speeded up exponentially as soon as the Coronavirus Pandemic began.

The reset that is coming presents the opportunity to review everything that we know and understand about our economic system, revise it and then re-established a responsible form of capitalism that considers the demands of present need, but also gives due consideration  to the needs and obligations that we have to tomorrow too.

It is the potential silver lining from the very dark cloud and storm that this Recession will be. But getting it right will depend on us not being tied to the ideas and motivations of any politician or leader who has capital of any kind tied up in making the now futile attempt to return everything that we know to how it was before.

The lives that have been and will be destroyed and the pain that has and will be caused to too many of us to mention and in ways that are simply too long to list must have a value in the change and transformation that they will empower us to bring for the benefit of all – as long as we have the right people in charge.

The Government has Bankrupted Britain whilst jumping into a trap that it will not climb out of if it continues to behave the same way

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Somewhere in London, a new kind of reality has dawned. We may note ever hear it spoken about or acted upon in any way or sense. But rest assured, a new era has now been born.

Six weeks ago, the Johnson Government took a series of decisions that are about to have seismic consequences for us all.

It began with the Lockdown. It was aided by the clever and manipulative messaging that was purposefully designed to make normal people too frightened to go out. It then culminated with a series of financial ‘support’ measures such as the so-called ‘Job Retention Scheme’ that has failed businesses, workers and the Country at large whilst addicting many to ‘free wages’ and polarising them against returning to work.

The Bank of England has today announced that the UK is officially now in recession, and this my friends is just the start.

The Lockdown itself was unnecessary. It traded all the certainties and regularities of life that we had like going to work, the pub, the gym, the shops, catching a bus or train or visiting whoever we might like to as and when we wanted to, for a gamble on what stronger leadership would have known would be a futile attempt to control a virus which they could only ever manage – not control.

The use of Behavioural Insights and mass manipulation, aided by an out of control media to install fear, purely on the basis of getting people to accept and adhere to the Lockdown and the Social Distancing measures that the Government imposed was a textbook example of both what to do and not to do all wrapped up in one.

Use of terms like ‘Stay at home, save lives’, ‘Protect the NHS’, and go outside on Thursday night at 8 and clap for the Keyworkers succeeded in securing such rigorous levels of buy-in to the Lockdown, Social Distancing and the measures taken, that many people genuinely and sincerely believe that acceptance of any and all measures that the Government dictates will be the only way that they can remain alive.

Many will not willingly respond to directives that go the other way, simply because the subject matter of the manipulation used has touched on the promotion of measures to avoid death.

Death and its avoidance is the primary fear that drives many parts of life and sits within the subconsciouses of us all. It influences so much in life, but rarely finds its way coming into our rational view.

The financial package that the Chancellor followed up the release of the genie with was much too clever for its own good. It over complicated matters when there was always a simple, fairer and much less damaging way to mitigate the fallout from the lockdown whilst addressing the issue of income for us all.

It is unlikely that senior members of a national government running the UK Treasury would not have known about or discussed the alternative options that were at hand. So we must conclude that the absence of real leadership at the top meant that the Government yet again went for what seemed to be the easy option rather than the right one, and in so doing laid out a giant trap for itself into which the Country is now about to fall.

In the coming days it is likely that the ties of the Lockdown will be loosened. But with the same ideas and mentality driving the direction now as we have experienced since the COVID-19 emergency began, it is likely that in only a couple or a few weeks from now, the Government will have to return us all to the full Lockdown again of not something even more punitive, because these so-called leaders have still not faced up to their responsibilities or the most salient facts.

That is of course if the majority of people still agree.

You cannot inflict absolutes on a population to resolve an emergency when no absolutes about the emergency like when it will end and how it will be ended are known.

It takes real leadership to go against the media and say that it is unavoidable that people will die, but we also have to maintain a level of life and functionality across everything that lies beyond the emergency so that we can make it possible for everyone else to live.

But that is exactly what we needed from Boris Johnson and Rishi Sunak at the beginning of the Pandemic, and even now, which such an incredibly damaging chain reaction for the economy now started and underway, it is the same thing that we need to hear them say.

COVID-19 is not going anywhere anytime soon and we cannot restrict every other part of life with Lockdowns and Social Distancing measures that are completely impractical until it has, just so the fearful believe that we have it all under control.

We don’t. We wont. And what the Government has been doing has been giving people they have deliberately worked up into a frenzy of fear false hope and a false sense of security. People genuinely believe that they will avoid death by following these measures without realising that they no longer have lives to live.

The Government needs to manage Coronavirus as the firestorm that it is. That means firefighting wherever the fire breaks out by focusing all the resources where necessary and not spreading them out so thinly that we will continually be overpowered by a Virus that they still don’t understand.

Only when the Government does this will they begin to be able to start addressing what is going to become the far more pressing crisis at hand: How do you manage an economic crisis when you cannot keep printing money and printing money is the only thing they can think of that will work.

 

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