Danny Blanchflower on COVID-19 Economic Crisis: Resist Any Idiot That Says We Should Do Austerity!
11 months ago
19
We speak to Professor Danny Blanchflower of Dartmouth College, the former committee member of the Bank of England Monetary Policy Committee (2006-2009). He discusses his take on what the government's response should be to the Coronavirus economic crisis, why austerity after the 2008 financial crisis under David Cameron and George Osborne left the country unprepared for COVID-19, why the furlough scheme must continue despite Rishi Sunak's and Boris Johnson's decision to end it, the prospect of unemployment higher than 30% in the UK, why governments should not be worried about debt when it comes to fighting Coronavirus' economic impacts and more!
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