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AIBU?

Share your dilemmas and get honest opinions from other Mumsnetters.

To think the UK is sleep walking into an economic disaster

181 replies

HerstoryInTheMaking · 10/07/2020 16:31

Covid is obviously doing significant economic damage and harm. The UK public seem to have not embraced mask wearing as a prevention to spread meaning further outbreaks are likely as the virus lingers in the air according to scientists.

On top of this Govt stimulus seems to be too small for the crisis that we face despite promises of a new deal. The stamp duty cut appears to be a blatant attempt at keeping house prices artificially high when a correction is needed especially in the South East.

A transition agreement extension is now impossible and little progress has been made on trade talks with the European Union. Regardless of your stance on Brexit it appears that a No deal scenario would create economic harm to some degree in the short term.

So you have a severe recession that could get worse with a no deal cherry on top, whilst being led by a govt that hasn't exactly proved its competence in recent months.

Aibu to think we should run for the hills?

OP posts:
Toptotoeunicolour · 10/07/2020 19:24

The stimulus is mahoosive. They've done more than anyone could have wished for on that front. Now we have to pay it back which is the hard part. Not their fault that money has to be paid back, still right to create it when they did. Everyone has to buckle down now to create wealth in the economy. I'm frankly sick to death of people complaining about government. Get yourself elected if you think you could do a better job.

beatrixpotterspencil · 10/07/2020 19:25

@Pan2

It isn't sleep walking. It's planned and the chaos arising will give reasoning for an authoritarian right wing despotic govt to exploit the situation, to drive down workers and human rights.

It's what people who voted Tory voted for.

I also think that the people who voted for this didn't think the fallout would apply to them. I doubt anyone voted for Boris thinking they'd get a bad deal out of it.

I don't like party politics, but the world sure does seem to have gone tits up with the authoritarian stuff, and it rarely bodes well.

HoneysuckIejasmine · 10/07/2020 19:26

mantle we won't get s trade deal. Our own government doesn't seem to want one. Not least because out chief negotiater, David Frost, is moving to a new job in September.

OhYouBadBadKitten · 10/07/2020 19:27

Yanbu, our economy is screwed. Brexit removes any chance of bouncing back next year.

Noextremes2017 · 10/07/2020 19:29

Apparently you get the Government you deserve - and we have got brainless morons. Sunak is a great example. Married to the daughter of a billionaire; former investment banker. Clearly a guy with the common touch who can relate to the problems ordinary people will face.
No he can’t save every job as he keeps telling us. In fact there will be about 4 million jobs that he won’t save.

isthiswalter · 10/07/2020 19:30

And we need to stop blaming the government for all our woes. We voted for them, we voted for Brexit and we're the ones not following the guidelines. We need to take some responsibility, quite frankly.

I bloody didn't vote for them or for brexit, quite frankly.

Crankley · 10/07/2020 19:30

If you're honest, this is just one more Brexit/Tory bashing thread. It's great for letting off steam if you are a remainer/left winger but like all the thousands of other threads that have gone before, it will change nothing.

isthiswalter · 10/07/2020 19:30

And we need to stop blaming the government for all our woes. We voted for them, we voted for Brexit and we're the ones not following the guidelines. We need to take some responsibility, quite frankly.

I bloody didn't vote for them or for brexit, quite frankly.

HoneysuckIejasmine · 10/07/2020 19:36

@Crankley

If you're honest, this is just one more Brexit/Tory bashing thread. It's great for letting off steam if you are a remainer/left winger but like all the thousands of other threads that have gone before, it will change nothing.
It's one of the hallmarks of a democracy that you're allowed to criticise the government. Give it a year or two and we'll not be a true democracy any more anyway. We'll be like a US one, where gerrymandering has rigged the vote. Or a Russian one, where Vlad can extend his term for as long as he likes and always has a landslide in every vote. Hmm
AKissAndASmile · 10/07/2020 19:40

Apparently you get the Government you deserve - and we have got brainless morons. Sunak is a great example. Married to the daughter of a billionaire; former investment banker. Clearly a guy with the common touch who can relate to the problems ordinary people will face.
No he can’t save every job as he keeps telling us. In fact there will be about 4 million jobs that he won’t save.

And yet he's lauded as the next PM every time they wheel him out in his shiny suit, simply because he can form complete sentences. Admittedly that is unusual in the current climate so people are star struck. But a millionaire/billionaire investment banker is absolutely the last person who should be chancellor, or heaven forbid, PM.

AKissAndASmile · 10/07/2020 19:43

We'll be like a US one, where gerrymandering has rigged the vote. Or a Russian one, where Vlad can extend his term for as long as he likes and always has a landslide in every vote. hmm

I wonder what odds I'd get at William Hill on Trump trying to do the same. I don't think he's going to go quietly.

BoxAndKnife · 10/07/2020 19:57

Brexit will be fine in my opinion. We have enough cards to enable a trade deal which is what we want

Which cards are these @mantlepiece?

HoneysuckIejasmine · 10/07/2020 19:59

Yes, I think we'll see exactly how long two months can be if Trump loses in November. He'll do everything he can before inauguration to cling on. Probably try to incite a Civil war FFS.

frumpety · 10/07/2020 20:04

Did all the years and years of austerity actually reduce the national debt ?

TheABC · 10/07/2020 20:05

Buy gin. Lots of gin, spirits, alcohol - whatever you need for the next year. The supermarkets are already warning that supply chains are fragile and the price of basics will go up. Add in the fact we will be in recession and poverty is increasing...it's not looking good.

Tories are going to Tory. Just look at the shorts market on No-deal; the party backers are set to make millions.

Alsohuman · 10/07/2020 20:06

@Jaxhog

And we need to stop blaming the government for all our woes. We voted for them, we voted for Brexit and we're the ones not following the guidelines. We need to take some responsibility, quite frankly.
WE most certainly didn’t vote for this shambles of a government or Brexit. I most definitely didn’t. Those who did can own it, it’s fuck all to do with me.
ListeningQuietly · 10/07/2020 20:08

Not sure why people are off about my vaccine comment ....

Flu vaccine is released every year
when it goes wrong (2014/15) 37,000 Brits die in one winter

there is ZERO evidence that any coronavirus has a long lasting vaccine
so we need to change how we behave
FFS Malaria kills 400,000 a year every year

MashedPotatoBrainz · 10/07/2020 20:10

The virus does not linger in the air this was debunked early on it travels in the form of expelled droplets that hit the floor after a few seconds hence the need to wear a mask to catch any droplets you expel talking coughing breathing and sneezing.

You are behind the times. Scientists are now saying it is airborne and just yesterday the WHO changed their advice and said airborne transmission cannot be ruled out.

BlueBrian · 10/07/2020 20:14

Brexit will be fine in my opinion. We have enough cards to enable a trade deal which is what we want
This sort of talk was a load of bollox in 2016, it's even more ridiculous now.

ListeningQuietly · 10/07/2020 20:16

Scientists are now saying it is airborne and just yesterday the WHO changed their advice and said airborne transmission cannot be ruled out.
If its airborne (like Anthrax) then social distancing is an utter irrelevance
so can we ditch it?
Oh silly me

KettlesReady · 10/07/2020 20:24

I think we'll see exactly how long two months can be if Trump loses in November. He'll do everything he can before inauguration to cling on. Probably try to incite a Civil war FFS

Agreed

MashedPotatoBrainz · 10/07/2020 20:24

If its airborne (like Anthrax) then social distancing is an utter irrelevance
so can we ditch it?
Oh silly me

Being airborne doesn't mean you're not more likely to catch it if someone coughs in your face. Confused

raskolnikova · 10/07/2020 20:27

YANBU

What I wouldn't do for an Irish passport right now...

Or just a competent government, a non-ideological non-lunatic government would be amazing. Shame the rest of the electorate didn't agree.

MashedPotatoBrainz · 10/07/2020 20:27

I think we'll see exactly how long two months can be if Trump loses in November. He'll do everything he can before inauguration to cling on. Probably try to incite a Civil war FFS

I read an article which said that senior military people have to keep telling him that they serve the president, not Donald Trump. But he doesn't seem to get it and thinks if he refuses to leave the Whitehouse they will be on his side, because they are now.

Charlottejbt · 10/07/2020 20:28

which hills are we supposed to run to ?

The Vosges and the Jura are nice this time of year. I'm moving our first van load of stuff to eastern France on Tuesday. We Brits all have until the end of the year to move to Europe and thus keep some of our rights under the Withdrawal Agreement - better start packing, I say.