Well, Boris Johnson, you’ve caused the UK’s biggest recession ever. Will you call that ‘world-beating’ too?

Boris Johnson’s government has got into the annoying habit of calling everything it does “world-beating”.

We’ve had “world-beating” PPE procurement (with hundreds of millions spent on equipment that can’t be used).

There was a “world-beating” Covid-19 track and trace app (that failed utterly and has been withdrawn).

Its replacement was also a “world-beating” privatised track and trace system (that has been scaled down in ignominious failure).

Now, at long last, it seems Johnson has a couple of statistics that he can genuinely describe as “world-beating”.

Are you ready?

The UK is now in the deepest economic recession it has ever recorded, and the worst of all the G7 countries.

And:

The UK’s Covid-19 death rates is the worst in the world.

The two are linked, of course, by Johnson’s failure to engage with the threat of Covid-19 when he was warned about it in November 2019; if he had taken appropriate steps, bringing in the equipment needed to treat the disease well in advance of the need to use it and locking down the country hard for the few weeks that would have been necessary to control the outbreak in the UK and stop infected people from bringing it in from outside, fewer people would have died and the economy would have recovered by now. Look at New Zealand for evidence of that.

It makes Johnson’s words at the start of the year ring hollow:

Remember: when he tweeted this, he had already been warned about Covid-19 and had ignored those warnings.

Now – well, let’s look at the information:

Johnson has guided the UK into the deepest recession since records began. The Office for National Statistics said gross domestic product (GDP), the broadest measure of economic prosperity, fell in the second quarter by 20.4 per cent compared with the previous three months – the biggest quarterly decline since comparable records began in 1955.

Oh – and GDP had declined by 2.2 per cent in the first quarter, so this represents a decline followed by a plummet.

The economic calamity was more than double the 10.6 per cent fall in the US over the same period and also surpassed declines in France, Germany and Italy among G7 nations that have reported second-quarter figures so far. Canada and Japan have yet to publish second-quarter data but are not expected to record greater falls than Britain. “World-beating”?

Looking at the details, the services sector, including hotels, restaurants and finance, recorded a 19.9 per cent drop, and production (manufacturing, mining and energy) fell by 16.9 per cent.

Despite having been kept open by Johnson, construction fell by a whopping 35 per cent.

Spending – by households and businesses – declined by a quarter because people simply didn’t have the money. It’s interesting to note that spending fell by five per cent more than income for those who had been furloughed.

The Guardian‘s report seems to lay the blame on Johnson:

After resisting the launch of lockdown controls until later than other countries around the world and relaxing them at a slower pace, the ONS said the UK had plunged into the deepest decline of any G7 nation in the second quarter.

And other commentators aren’t holding back, either:

https://twitter.com/ToryFibs/status/1293481430262185986

The figures show that GDP has fallen to 2003 levels – 17 years lost due to Tory incompetence.

The good news is that the recession is likely to be the shortest in history, as economic activity has picked up since June, when Johnson began to allow businesses to reopen.

The bad news is that there are predictions of a new wave of coronavirus infections and deaths – already the numbers are worsening:

So the recovery may be extremely short-lived.

And don’t forget that in four-and-a-half months the full effect of Brexit will hit the UK, when the country will impose on itself the equivalent of enormous economic sanctions because racists like Boris Johnson lied to us that foreigners were interfering in our lives:

No doubt the collapse that results in 2021 will be “world-beating” too.

Given all of the above, I can only echo the words of Peter Stefanovic:

Is it any wonder Boris Johnson is trying to distract us by pointing his finger at desperate migrants in dinghies?

Have YOU donated to my crowdfunding appeal, raising funds to fight false libel claims by TV celebrities who should know better? These court cases cost a lot of money so every penny will help ensure that wealth doesn’t beat justice.

https://www.crowdjustice.com/case/mike-sivier-libel-fight/


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5 Comments

  1. Random Bloke August 12, 2020 at 11:14 am - Reply

    At least those of us struggling to afford the electric/gas can just cook it on the ground outside instead of the oven/microwave!

  2. trev August 12, 2020 at 11:16 am - Reply

    Heading into Recession, soon to be a Depression, with record unemployment and a “world-beating” dysfunctional, oppressive and punitive Welfare system.

  3. wildswimmerpete August 12, 2020 at 3:30 pm - Reply

    The fat, lying slob managed to avoid a charge of misconduct in public office over his “350 million for the NHS” claim on the red bus but I hope some enterprising lawyers will now charge him over the loss of 60,000+ deaths and the tanking of the UK economy.

  4. Meryl August 12, 2020 at 4:20 pm - Reply

    Boris didn’t realise covid 19 to create a world recession.

  5. Nicholas Manning-James August 12, 2020 at 4:21 pm - Reply

    Said he (Johnson) would destroy the ‘backbone of the country’ for which I was lambasted. Take no satisfaction in being proved to be right but surprised in how little time this odious fat clown’s lack of ability (amongst a multitude of other dire shortcomings) have developed to a ongoing tragedy.

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