Of course it`s affordable!

With the prime minister saying he doesn`t "want Britons to rely on Uncle Sugar the taxpayer" (The poor will suffer because the PM gets no buzz from compassion `s sugar rush, 16/10/20), and the chancellor refusing to make the support package more generous because of "concerns about spiralling borrowing" ("We must not make the north a sacrificial lamb", 16/210/20) it`s clear the Tory propaganda machine is stepping up a gear.. What is never mentioned by the government is the fact that much of what has been spent already on the furlough schemes and business grants has come from the Bank of England`s quantitative easing measures, billions which have wrongly been included in the national debt figures. There is still plenty of scope for, as the IMF suggests, more borrowing, and with little risk of inflation, more quantitative easing. It is worth remembering that when the economy needed a boost after the 2008-9 crisis, no such concerns were shown when £375bn was created for the banks to lend to businesses, and none either, when they didn`t!