An obvious concern is high inflation
The “stimmy” boost may linger even as policymakers wind down support
to pass President Joe Biden’s “Build Back Better” programme will lead to further retrenchment.Will the extra savings blunt the impact of all this policy tightening? There are reasons to be sceptical. Were the $2.5trn shared equally across the country, it would amount to about $7,500 for every American—more than the combined total of the three rounds of stimulus cheques. In practice the distribution is far from equal. In the decade before covid-19 the wealthiest 1% of Americans had, in aggregate, about twice as much in cash and chequable bank deposits as the bottom 50%. The pandemic has skewed this further: the top 1% now has four times as much as the bottom half. Although the government directed its assistance towards poorer Americans, the ultra-rich reaped far greater rewards, thanks in large part to soaring asset prices.Read more: The Economist »
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Wine fridge smuggled into No10 that staff kept stocked from Tesco Express dashesStaff attending regular 'wine-time Fridays' throughout the pandemic invested in the £142 chiller to keep their bottles of white wine, Prosecco and beer cool lottaboheme Expenses? Clearly a shredder Fridges loom large in his car crash of a life.
Covid: Voter anger over lockdown parties, and is pandemic entering its endgame?➡️ Voter anger over lockdown parties ➡️ Is pandemic entering its endgame? ➡️ Call to follow Sheen's lead to save charities Five things you need to know about the pandemic this morning
Covid-19: Week of thanks to Bristol NHS staff beginsPeople are sending personalised messages to hospital staff for their efforts during the pandemic. Lots of good things about Bristol. Just a thought, are the unvaccinated Nurses, Drs and other staff being thanked. TogetherDeclaration NoMandatoryVaccine COVID
Shooting film Boiling Point in a single take was ‘zen’, Stephen Graham saysThe pandemic cut down the film's number of takes. How do I go viral so that I can sell my book to only 99 people in a pool of 290million. If you like short stories and can spare a little bit then help me out. I can't ask you to help me if I can't offer you something(my story) . Check out my pinned tweet if you can help😇
What do we know about the 175,000 people who died of Covid in the UK?How the pandemic has affected people based on age, gender, vaccination status and ethnicity That most had comorbidities The rag doing what it does best. Looking back retrospectively. Just like the Starmer it sycophantically obeys What do we know of the 1,000's that die every time there is a heat wave? We are going to martyr them?
Glenn Youngkin bans critical race theory on day one as Virginia governorNewly elected Republican unveils sweeping conservative orders, including loosening public health mandates during the pandemic Disturbing and alarming - a dinosaur And your point is! That does not mean people will not recognize it or speak about it. In time our Antiquated educational system with be updated to reflect the growth of our childrens intelligence And there he goes, doing the cruel thing on his first day.