Cold winds blowing
November 25, 2020 Leave a comment
My interest in US politics has waned a bit, now that Trump’s attempted coup has turned out to be less March on Rome, more Beer Hall Putsch, so we must, reluctantly, turn our attention back towards developments on this side of the Atlantic.
Chancellor Rishi Sunak was in the Commons today, to give an update on the perilous state of the county’s finances; apparently things have not been this bad since the Great Frost of 1709. His response, at a time when the economy has all but ground to a halt, due to the government’s inept handling of the coronavirus pandemic, is to freeze the pay of most public sector workers, despite the fact that they are just about the only people confident enough to spend any money at the moment, as unemployment is set to rise to a ten-year high. Even with this penny-pinching, the National Debt is projected to increase at a rate not seen outside wartime, and GDP is unlikely to recover before 2022.
If this was not reason enough for pessimism, then a glance at the progress, or lack thereof, towards a post-Brexit trade deal with the EU would surely convince even the most Panglossian observer that the country is doomed. It is still possible that Prime Minister Boris Johnson, whose unfitness for the office becomes clearer every day, will abandon all the commitments he made to the right wing of his party when he stood for leader, and sign up to a relatively sensible agreement, but it shows how far we have fallen as a nation that the best-case scenario for our future depends on the utter untrustworthiness of the head of government.
One bright spot amid the gloom is that it does look like we might have a functional covid-19 vaccine before too long, promising a return to some sort of normality. Of course that will depend on the government managing to distribute it efficiently, which, in light of their failure to control the pandemic thus far, is not a given. I might feel more confident if I thought the job would be entrusted to the relatively dependable public health system, but, since the Tories are ideologically committed to the idea of the free market, and even more committed to enriching their friends, there’s a good chance it will be handed over to the same private contractors who fumbled the contact tracing program, and have gouged huge sums from the public purse for the supply of PPE.
Still, we must remain positive. Only three months of winter to survive before the springtime…