Paul O Mahoney
Registered User
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We will never get everyone vaccinated and it should be remembered that the target it not to get everyone vaccinated.
Exactly, and remember the aim is to enable the full lifting of restrictions while keeping the R number under one.Ah yeah, shure we know that. “Everyone vaccinated” is ~80% of the population. Just like “full employment” is 4% unemployment.
Over 22 % of the population was completely vaccinated (all necessary jabs administered). That is the highest percentage worldwide.I’m surprised their national rate isn’t higher. Didnt they pay above the going rate to secure extra vaccine? And also agree to share their vaccine statistics with the manufacturer as part of the contract?
Also the financial markets only have a certain amount of patience, when that is achieved or achieved by the leading countries in the vaccine rollout then everyone else could be faced with higher interest rate penalties when going looking to sell more bonds to keep paying for everything. Suspended animation of the economy can only last so longWhen all the elderly and all the vulnerable are vaccinated I expect the business community and a large cohort of the public (and the elderly and the vulnerable?) will call for the lifting of restrictions regardless of the case numbers. And if there is an ongoing daily death count of zero they’ll have a very strong case.
Governments keep piling up debt to prop up their Covid-paralysed economies while the ECB keeps printing money to help finance it. Some of this money goes to necessary and worthy causes such as support for unemployed hospitality workers. Some of it is spent on classic "socialism for the rich" causes such as bailing out privately owned airlines. In the end, all this money printing and spending will lead to inflation, unless the basic principles of economics have permanently vanished somehow.Also the financial markets only have a certain amount of patience, when that is achieved or achieved by the leading countries in the vaccine rollout then everyone else could be faced with higher interest rate penalties when going looking to sell more bonds to keep paying for everything. Suspended animation of the economy can only last so long
Governments keep piling up astronomical debt to pour money into their Covid-paralysed economies while the ECB keeps printing money to finance it. Some of this money goes to necessary and worthy causes such as support for unemployed workers in the hospitality industry. Some of it is spent on classic "socialism for the rich" causes that are unjust and make no sense, such as bailing out privately owned airlines. In the end, all of this has to lead to inflation, unless the basic principles of economics are all permanently suspended somehow.
Gov decisions curbing travel were due to a pandemic which is an unintended act of nature just like bad weather or an ash cloud and an intrinsic business risk if you own an airline. Why should a tax payer on the average industrial wage pay to protect businesses against such risks?
Why? If there is demand for air travel someone will supply it and will employ the people needed to supply it. Lots of airlines have gone bust over the past two decades and there has never been a supply shortage as a result (quite the opposite). Government support should concentrate on workers thrown out of work by the pandemic, not on businesses and their (generally) wealthy owners.The idea that Ryanair if they pull aircraft out of Ireland will ever return without significant incentives is delusional
Why? If there is demand for air travel someone will supply it and will employ the people needed to supply it. Lots of airlines have gone bust over the past two decades and there has never been a supply shortage as a result (quite the opposite). Government support should concentrate on workers thrown out of work by the pandemic, not on businesses and their (generally) wealthy owners.
Like everything else I think they are talking about "what they are going to be doing"...It’s my understanding that vaccination centres have been set up in Dublin, Cork, Galway and Limerick but I can’t find any confirmation of this.
Are these centres actually set up and if so where can we find location details?
Why should a tax payer on the average industrial wage pay to protect businesses against such risks?
Because where there is economic redistribution it should happen from the rich(er) to the poor(er), not the other way around.If you extend that argument out, why should someone earning €200kpa pay so much tax to subsidise those on the average industrial wage?
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