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Good news - we’re not as screwed as the UK
Posted by: pdq
Date: August 13, 2020 10:58AM
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Alongside huge job losses announced a day earlier, Prime Minister Boris Johnson’s Britain now finds itself with the worst economy and highest number of excess deaths from the novel coronavirus in Europe.
... Britain was slower than many E.U. countries to go into lockdown and slower to come out. In mid-March, bars, restaurants and other “nonessential shops” were closed, and the government did not start lifting restrictions until June.
... “The recession brought on by the coronavirus pandemic has led to the biggest fall in quarterly GDP on record,” said Jonathan Athow, ONS deputy national statistician.
...[Chancellor of the Exchequer] Sunak warned of further job losses, even without a second wave of coronavirus infections. A government program that was paying up to 80 percent of a furloughed worker’s salary is set to expire in October. Sunak said continued high-level government job support was not sustainable.
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Six months ago, Prime Minister Boris Johnson celebrated Brexit by describing Britain as the Superman of global trade.
Now, the country risks becoming an also-ran, losing its easy access to the huge EU common market, unable to strike a groundbreaking deal with the United States and on the brink of a trade fight with China.
Re: Good news - we’re not as screwed as the UK
Posted by: Lemon Drop
Date: August 13, 2020 11:13AM
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Re: Good news - we’re not as screwed as the UK
Posted by: Ca Bob
Date: August 13, 2020 12:03PM
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Re: Good news - we’re not as screwed as the UK
Posted by: DeusxMac
Date: August 13, 2020 12:19PM
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Re: Good news - we’re not as screwed as the UK
Posted by: Lemon Drop
Date: August 13, 2020 12:45PM
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Re: Good news - we’re not as screwed as the UK
Posted by: Lemon Drop
Date: August 13, 2020 12:51PM
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Ca Bob
The Brits love the NHS and would not allow their government to harm a hair on its head.
Re: Good news - we’re not as screwed as the UK
Posted by: davester
Date: August 13, 2020 01:36PM
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