Drudge Retort: The Other Side of the News
Saturday, March 21, 2020

The U.K. has announced it will subsidize workers for much of their wages if they were left unemployed by the coronavirus. The country's Finance Minister Rishi Sunak said Friday the government will cover 80% of workers' salaries for the next three months as the coronavirus outbreak forces businesses to close.

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Boris is a socialist.

#1 | Posted by bored at 2020-03-22 01:01 AM | Reply

We blew our load on giving the rich and giving companies all the money. Now you maybe get 1200. Maybe.

#2 | Posted by BruceBanner at 2020-03-22 01:25 AM | Reply

#2 | POSTED BY BRUCEBANNER: How much money did we 'GIVE' the rich?

#3 | Posted by MSgt at 2020-03-22 11:24 AM | Reply

#3

So far 900 billion in QE

#4 | Posted by TaoWarrior at 2020-03-22 11:36 AM | Reply

I wonder how this is going to work for gig workers?

#5 | Posted by Whatsleft at 2020-03-22 12:12 PM | Reply

Basically, the UK is getting this right if the twofold goal is to save their domestic economy and provide stability for all their citizens to survive this unprecedented crisis.

Our government is trying to treat the pandemic like any other economic threat when it's far from that. The President and Congress should simply agree that the US taxpayer's credit card has no limit in providing every American with the means to live and survive this crisis.

And that since it will be these same taxpayers who'll ultimately be responsible for paying the future tab, our number one priority is that we make sure the infrastructure of business, commerce and employment is operationally there to do so once this is over.

#6 | Posted by tonyroma at 2020-03-22 12:21 PM | Reply

Don't we already have an unemployment system currently working?

What benefits does the UK normally provide in this area?

#7 | Posted by eberly at 2020-03-22 12:28 PM | Reply

Don't we already have an unemployment system currently working?

Each state administers their own system with their own rules. And more than not, the maximum amount offered citizens would not provide nearly enough income to compensate for the expenses of most US workers.

In Indiana where I live, the maximum benefit amount is $400 a week and that money is taxed as well. Could you survive on $400 a week? And if workers can't pay their bills, then companies will not receive income, and so on and so on.

As I mentioned, our current systems were not set up to adequately deal with a crisis of this magnitude as it regards shutting down a significant portion of the US and global economies.

#8 | Posted by tonyroma at 2020-03-22 12:49 PM | Reply

How much money did we 'GIVE' the rich?

#3 | POSTED BY MSGT AT 2020-03-22 11:24 AM | REPLY | FLAG:

If you're not familiar with the tax code, I just can't help you. Stick with the Facebook memes, because you're attention span is about 6 words long.

#9 | Posted by BruceBanner at 2020-03-22 08:17 PM | Reply

>U.K. Will Cover 80% of Unemployed Workers' Salaries

yeah but even then you still have to live in what has become a post-imperial husk; an economic zone which is condemned to ever-more "diversity" until the entire landmass sinks into the north sea.

#10 | Posted by berserkone at 2020-03-23 01:58 AM | Reply

"until the entire landmass sinks into the north sea"

As goes Guam, so goes the UK!

#11 | Posted by snoofy at 2020-03-23 02:02 AM | Reply

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