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Resetting the UK Economy After Coronavirus
April 7, 2020 02:09 / Leave a comment
Things will never return to what has been thought of as ‘normal’ business in the United Kingdom following the biggest threat to Britons since WWII, yet there’s two paths forward where the country can either ‘survive’ or ‘thrive’ after Coronavirus. And that’s the focus of this blog post.
Here’s a short list of things that could be done in order to a) Prepare the UK for the next pandemic, b) Protect Britons from retransmission of a future SARS or MERS virus or other contagious pathogen, c) Build Resiliency into UK infrastructure, and d) Stimulate the UK economy to allow the country and its people to thrive, going forward.
Prepare, Protect, Build Resiliency, Stimulate
For me, ‘surviving’ isn’t enough. What the UK needs to do after any kind of negative event is to ‘thrive’.
When you’re 68-million people on a small island in the Atlantic Ocean that’s recently cut the cord with the EU, and still hasn’t reintegrated with the global economy, nor even the (eternally patient) Commonwealth of Nations, you’ve got to come out of a healthcare + economic crisis with a solid plan and impressive momentum behind that plan.
Let’s talk about what can and should be done as the UK comes out of the Coronavirus emergency.
Four Ways to Repair the UK Economy & Inoculate it from the Next Pandemic, While Supercharging the Economy Now
- Coat all publicly handled surfaces with copper. As you may know, copper kills germs, viruses, and bacteria upon contact in only a few seconds, therefore, such commonly handled surfaces like turnstiles, handrails, push-to-open door plates, door handles and door knobs, and the taps in public washrooms, and the buttons on the ATM or any vending machine should be coated with copper. Copper acts so powerfully against germs that even 25% copper content is enough to do the job. Plenty of coins in the world have a high copper content, yet their appearance is like that of pewter or brass, so if you don’t like the colour of copper, turnstiles and more, can appear to look like pewter, aluminium, or brass. Killing germs on frequently handled surfaces is a great way to stop retransmission of a pathogen to everyone who passes through that turnstile. How to get it done? The UK government should guarantee zero-interest loans to rail companies, airlines, ATM and vending machine operators, and to cities and towns to incentivize them to coat (electroplate, anodize, or otherwise layer) such surfaces with copper or copper amalgams with a copper content of 25% or more.
- Designate who works in ‘Essential Services’ and allow them to continue their duties unaffected by future ‘stay at home orders’. We can’t live without Doctors and Nurses, nor can we live without food and drink, nor without heat and light. And, it’s always nice to have police, fire and ambulance services available on speed dial. Similar is true of the military. Where would we be without them? So, thanks again to those people every day — all the way back to the Great Fire of London in 1666. How to get it done? The UK government should require each department to create a list of jobs in their department deemed ‘essential services’. Also, the UK government should consult with UK industry for a list of job titles considered ‘essential services’ and determine the total number of people required to staff those essential service positions — for the purpose of creating a massive database of people deemed ‘essential’ during any crisis. Maybe those people should be issued a passcard and a matching sticker for their car windscreen allowing them to automatically pass through any police checkstop, park their car for free (Doctors and Nurses shouldn’t be getting their car impounded when they’re busy saving lives, for example) and essential workers should be paid (by the government) an extra £500 per each full or partial month of any crisis (even if it’s a local ‘State of Emergency’ situation where local officials have duly informed the UK government about the emergency) to cover exceptional costs such as the worker having to stay in a hotel after working a 16-hour emergency shift rather than them driving home overtired, and then doing it all over again the next day.
- Consolidate all UK Department of Work and Pensions unemployment insurance, welfare/Universal Credit, and government pensions systems into one payments system operated by HM Revenue and Customs. At present in the UK (and most Western countries) there are many government departments offering similar or the same services, which represents a HUGE overhead cost and leads to massive inefficiency in government. All payments should be paid via the ‘reverse income tax’ method to vastly improve and streamline UK services to persons. How to get it done? HM Revenue and Customs should ‘top-up’ the income of every adult Briton who is living under the national poverty line to £1200 per month. Which is cheaper than continuing to operate a multiplicity of government departments dedicated to solving the financial, housing, and legal ills of everyone in the country — especially when you factor-in poverty-based crime and related policing, court, and incarceration costs. It would result in a lowering of taxes by tapering the astonishingly high overhead costs for several government departments — and a tax increase WOULD NOT be required. For example: If a person earns more that £1200 per month, they get nothing from this HM Revenue and Customs programme. If they earn an average of £1000 per month (as reported on their previous year income tax form) they would automatically have £200 added to their bank account via direct deposit each month. Millions of entry level workers, senior citizens, some unemployed persons, and others who earn less than £1200 per month would be automatically topped-up to that amount, but only if they’ve filed their income tax return for the previous year, and only if they’re over the age of majority. It can’t be emphasized enough: The overhead savings alone for the government would more than pay for this improvement and small businesses would benefit from reduced property crime + high insurance rates, and the threat of personal theft (getting ‘mugged’) would practically disappear. Remember, homeless people are only homeless because they don’t have funds to pay rent, therefore, they turn to crime, drugs and other unpleasant means to stay alive. And the gross total cost to the UK annually is in the billions. Take away the reason for the problem and suddenly, there’s no problem. So easy. And prevention is always cheaper than solving a deeply-entrenched problem!
- A number of major national infrastructure programmes should be made ‘shovel ready’ as soon as this crisis ends, as nothing says ‘Crisis Over!’ like plenty of jobs ready for people at the end of any emergency. It’s the news that people need to hear during a crisis as it will keep hope alive and keep them working towards a solution instead of them sinking into the abyss of worry, doubt, and substance abuse, or even worse. ‘Here’s a shovel. Now go plant a billion trees!’ is one way to help the bottom-two economic quintiles get back to a normal life. Anyone, even workers who live (whether above or below) the national poverty line might want to spend a few hours doing that at the weekends to make-up the income they’ve lost during the COVID-19 crisis. ‘Let’s reclaim a hundred square miles from the sea and build luxurious golf resorts there!’ might be another way to create millions of badly needed jobs at the end of any emergency including the present coronavirus crisis. Adding fill to the shallower areas of the UK coastline can build sea level rise resiliency and help to prevent the normal process of erosion of land by the sea while creating spectacular tourism areas (jobs, jobs, jobs!) for those who love ocean views. Seen The Palm Dubai, anyone? Dubai was a sleepy fishing village not so long ago. ‘Here’s a hammer. Now go install 10-solar panels on every roof in the UK’ and the UK government should provide zero-interest loan guarantees for any home or business owner willing to have such an array installed on their roof that contributes surplus energy to the national grid. ‘Here’s a tractor. Now go make the UK 100% self-sufficient in food within 10-years!’ and again, the UK government shouldn’t grant such money, it should provide zero-interest loan guarantees to those able to move the UK closer to that goal. Obviously, farmers in the UK won’t be growing coconuts or bananas, but any non-tropical fruit and veg should be doable in southern England. If UK policy is right and the financing is kept at zero-interest, UK farmers and ranchers should be able to accomplish the task with ease and have enough capacity to export significant quantities of UK produce. And the last suggestion is to ‘Get Britain Working Again!’ (but From Home) after the COVID-19 crisis ends by increasing internet and telephone bandwidth and by improving PC programmes that help people to work from home as efficiently as they do at their regular office, thereby allowing fully half of all Britons to work from their brand new home office. Which, of course, (you knew I was going to say it, didn’t you?) should be financed via zero-interest loan guarantees courtesy of the UK government.
You’ll Notice my Suggestions Don’t Cost Anything (net) and They’ll Save the UK Billions while Supercharging the UK Economy and Solving Many Social Ills
You’ve got to like that, whether you voted Conservative or Labour!