On 05/02/2021 03:28, Fred wrote:


"Andrew" wrote in message
...
On 04/02/2021 15:09, Martin Brown wrote:
That saves the largest absolute number of lives.

Also very conveniently 'saves' the people who are
most likely to have voted Leave and/or Conservative,
while the hundreds of thousands of younger folk who
have had their education and employment prospects totally shattered,

Thats bull****. At most it might be delayed.

are presumably just 'collateral damage', not
to mention all the businesses that have or are going to fail.

Thats unavoidable with a pandemic like this.

Dec 2024 GE is going to be interesting, as will all intervening
budgets. Who will be paying the extra taxes that are needed ?.

Or not given how low interest rates are now.

They were low in the 1960's but by 1973 to 1978 inflation
was up to 25% per year, while interest rates were still only
about 7%.

You are forgetting that the only interest rate that matters is
the 10-year gilt, and the UK government has no control over that
as was demonstrated in 1992. The people who buy (or don't buy) our
debt decide what UK interest rates will be.