Britain will be back on its feet again, thanks to a mighty dose of good old Boris boosterism. Boris Johnson will today set out his plan 'to use this crisis finally to tackle this country's great unresolved challenges of the last three decades'. Since the onset of Covid-19, emergency measures such as the expensive jobs furlough scheme have cost £133 bn. Government borrowing this year will soar to £300 bn at the least, and the national debt will climb to 100 per cent of national output. The astounding legacy of the New Deal in America is still there to be witnessed almost a century later.
Source: Daily Mail June 29, 2020 21:37 UTC