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What follows are the six new choices it immediately seems to me government will need to make once this is over. We'll be in a completely new economic world. (Me in @thetimes today https://www.thetimes.co.uk/edition/business/tough-economic-decisions-will-litter-the-road-ahead-once-covid-19-crisis-is-over-lp8vns7kn)
Choice 1, how to respond to elevated debt.
Choice 1, how to respond to elevated debt.
Choice 2, what to do with the tax system. A chance surely for a serious rethink
How to respond if, as is plausible, inflation spikes upwards
When to withdraw support from business. Too early and you undermine the whole point of the support, too late and it becomes inefficient and costly
The younger generation are, again, bearing the brunt of the economic cost. Surely policy has to swing to supporting them
And, finally, welfare and minimum wage policy will need rethinking. Ever increasing minimum wages may not fit the new reality. Cutting welfare back to pre crisis levels may be neither politically possible nor desirable
