, has a proposal moved from policy paper to implementation in a matter of days. The Coronavirus Job Retention Scheme was first proposed by the Resolution Foundation, a think-tank, on March 19th as the scale of the hit to the economy from the pandemic became clearer. Four days later, on March 23rd, Rishi Sunak, the chancellor, made the furlough scheme the centrepiece of the government’s economic response to the virus.
In the first half of the 20th century the state took it upon itself to protect people against, for instance, unemployment and ill-health, establishing compulsory unemployment insurance in 1911 and thein 1948. In the 1980s, when Britons got fed up with the high tax rates levied in part to pay for this, the national mood shifted and the direction of travel changed.
Work, too, has become more precarious. Construction workers, for example, are now much more likely to be self-employed than in the 1980s, even if they work only for one firm, which often leaves them with meaner benefits if they fall sick. Courier firms often require employees to provide their own vehicles, and bear the risk if they go wrong.
Source: News Formal (newsformal.com)
The burden will fall on the real Taxpayers of Britain ! I don't mean those that claim to be taxpayers who pay a pittance, then claim huge amounts back in welfare in one form or the other for life ! The genuine Brits that always pay their way, they're the one's ending up paying !
Since the government is funded by the people why ask such a question? How about the reversal of a long trend of corporate bailouts, tax loop holes for the rich, & skyrocketing CEO salaries (while those who actually create the wealth e.g., front line workers are thrown scraps)?
Maybe government could be the executive arm of the people? Unthinkable for you of course but in these uncertain times perhaps your masters would value your consideration?
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