Stimulus Boom, and where to next?

[sptrawler]

Libs seem to have got this spot on. Seems they were better socialists all along.

I'm not sure it was about socialism or capitalism, I think that the system has moved on from the clunky politics of 30 years ago.
I think with data processing abilities and computer capabilities, things have moved on and this government actually listened to the experts rather than trying to exploit the disaster for political gain.
Usually, during the massive economic hits I've seen in my life, it has been a case of the government saying this is beyond our control and suck it up $hit happens.
Then everyone gets sacked, businesses go broke and slowly we drag ourselves out of the gutter.
This time, the government propped up businesses, supported the un employed and underemployed.
Now it looks as though businesses that weren't viable wont come back, or have transformed their business model, to survive.
Those that were viable are returning and are employing those who are wanting work.
Those businesses that flourished, have improved and adapted to a new norm, which has improved their profitability and processes.
IMO it has been pretty amazing, actually astonishing.
We are lucky we are an island, small population and lots of money, but even with that it has been handled extremely well IMO.
But having said that, it could all fall on its ar$e, time will tell.

 

[qldfrog]

I'm not sure it was about socialism or capitalism, I think that the system has moved on from the clunky politics of 30 years ago.
I think with data processing abilities and computer capabilities, things have moved on and this government actually listened to the experts rather than trying to exploit the disaster for political gain.
Usually, during the massive economic hits I've seen in my life, it has been a case of the government saying this is beyond our control and suck it up $hit happens.
Then everyone gets sacked, businesses go broke and slowly we drag ourselves out of the gutter.
This time, the government propped up businesses, supported the un employed and underemployed.
Now it looks as though businesses that weren't viable wont come back, or have transformed their business model, to survive.
Those that were viable are returning and are employing those who are wanting work.
Those businesses that flourished, have improved and adapted to a new norm, which has improved their profitability and processes.
IMO it has been pretty amazing, actually astonishing.
We are lucky we are an island, small population and lots of money, but even with that it has been handled extremely well IMO.
But having said that, it could all fall on its ar$e, time will tell.

Can i still suggest we have not seen the impact yet? So called vaccine will not save us from the next outbreak in winter.. remember, this virus is a flu..so seasonal so either we keep locked away from the world with no 100 pc garantee or we open but then need to change the narrative around the virus.
The 2pc death rate of elderly has been named a calamity justifying all this economic and social pain.
Will the 2pc death rate of vaccinated elderly population be accepted by the public in 6 months?