UK coronavirus recovery requires us to be brave and borrow even more when money is so cheap to invest in our future tomorrow to benefit us today
Mr and Mrs Roosevelt Were Wise People!
UK public spending must be ramped up even as we look at the mounting debt mountain piling up to manage the economic and social damage of the coronavirus pandemic. In addition the UK must work to overcome barriers to international trade including free trade agreements with the rest of the world.
To avoid incompetent wasted expenditure UK civil servants and politicians pay should not be linked to some sort of inflationary measure. Instead their pay should be linked to the average pay of the bottom 20 percent earnings of UK workers for next 10 years at least. This will help to reduce incompetent public sector bureaucracy or wasted money and provide an incentive that will lift the lifestyle of everyone in the UK.
Public spending must be focused on our future that works well today. Spending focus should be on:
Infrastructure including 5G in particular.
Reskilling UK workforce for the 4th Industrial Revolution
Environment protection including building insulation improved agriculture strategy post Brexit electric car production and battery innovation in particular working from home continuation as well as dispersion of work to towns and coasts green transportation and logistics and investment in renewable energy but not nuclear power.
Levelling up means our towns and cities need to be totally changed to serve the UK population of the future today.