Jump to content
Manx Forums, Live Chat, Blogs & Classifieds for the Isle of Man
Filippo

IOM Covid removing restrictions

Recommended Posts

Posted (edited)

Be ready for  winter viruses - Get a Kunkel, Yessir! 

D5400CA2-CE37-4175-A303-CA7F6D00D082.jpeg

Edited by hampsterkahn
  • Like 2
  • Haha 1

Share this post


Link to post
Share on other sites
On 7/8/2020 at 10:21 PM, joebean said:

http://www.iomtoday.co.im/article.cfm?id=56541&headline=The word on the street: 'Don't open our border yet'&sectionIs=NEWS&searchyear=2020

We really do need to have an adult conversation on the Island about risk and risk-mitigation. The debate, if there is one, is being dominated by an irrational and paranoid hysteria about Coronavirus, based on our current ability to pull up the drawbridge and prevent any infection getting to the Island. We need a discussion about how the risk can be managed and widespread infection prevented, whilst affording the population the right of freedom of movement. To believe that we can live in isolation until the virus goes away, when there is no certainty it ever will, is simplistic and ill-conceived. Will any of our politicians have the guts to start a more reasoned debate and get the public thinking of how we can live with the disease as safely as possible, like everyone else in the free world has to?

Could the "Calf of Man" be the only island in the UK / World to have evaded the virus ?

Share this post


Link to post
Share on other sites
8 hours ago, manxman34 said:

This is the S*n quoting a biased organisation which puts accounting over social outcomes and regularly advocates policies that benefit the very rich. I wonder why this article has been published in a Murdoch rag?

You still haven’t explained where the money to pay for the lockdown is coming from.

My understanding is that the Manx government was borrowing 250 mio just to pay for the immediate shortfall. That doesn’t cover for the structural deficit; once the reality of the sheer scale of the long term economic damage sinks in.

You could have built several brand new Noble hospitals with all that and saved more people in the longer (but frankly also in the medium) term.
 

Share this post


Link to post
Share on other sites
1 hour ago, Foot Loose said:

You still haven’t explained where the money to pay for the lockdown is coming from.

My understanding is that the Manx government was borrowing 250 mio just to pay for the immediate shortfall. That doesn’t cover for the structural deficit; once the reality of the sheer scale of the long term economic damage sinks in.

You could have built several brand new Noble hospitals with all that and saved more people in the longer (but frankly also in the medium) term.
 

How many promenades would it build?

Share this post


Link to post
Share on other sites
12 minutes ago, NoTail said:

How many promenades would it build?

Just the one, they way they're going about it.

  • Like 1
  • Thanks 1
  • Haha 2

Share this post


Link to post
Share on other sites
1 hour ago, Foot Loose said:

You still haven’t explained where the money to pay for the lockdown is coming from.

My understanding is that the Manx government was borrowing 250 mio just to pay for the immediate shortfall. That doesn’t cover for the structural deficit; once the reality of the sheer scale of the long term economic damage sinks in.

You could have built several brand new Noble hospitals with all that and saved more people in the longer (but frankly also in the medium) term.
 

Borrowing the £250M is a sensible idea. It’s half of what Jersey has borrowed but we do need to borrow money in that range to see us through. My understanding that it’s not all for the immediate shortfall but also to go towards some investment in the future. It really is “finger in the air” stuff at the moment though as they can’t accurately predict what the fallout of all this will be. They were (luckily) well under the amount of compensation they thought they would have to pay out to unemployed workers and businesses so a lot of this is just making sensible decisions as things unravel which they’ve largely done so far. 

Share this post


Link to post
Share on other sites
53 minutes ago, Mr Newbie said:

Borrowing the £250M is a sensible idea. It’s half of what Jersey has borrowed but we do need to borrow money in that range to see us through. My understanding that it’s not all for the immediate shortfall but also to go towards some investment in the future. It really is “finger in the air” stuff at the moment though as they can’t accurately predict what the fallout of all this will be. They were (luckily) well under the amount of compensation they thought they would have to pay out to unemployed workers and businesses so a lot of this is just making sensible decisions as things unravel which they’ve largely done so far. 

Thanks for the info. Let me know if there is any official paper regarding the matter. I can't find much in the government web-page.

It is not that criticising the government is so enjoyable. Our log term well-being depends, at least in part, on the government being solvent and effective. It will affect also those who have plenty of means of their own. You can't escape it easily.

  • Like 2

Share this post


Link to post
Share on other sites
2 minutes ago, Foot Loose said:

Thanks for the info. Let me know if there is any official paper regarding the matter. I can't find much in the government web-page.

It is not that criticising the government is so enjoyable. Our log term well-being depends, at least in part, on the government being solvent and effective. It will affect also those who have plenty of means of their own. You can't escape it easily.

I think the trick will be making sure the money is spent where the IOM economy will get the best benefit. Not on expensive useless crap departments like the DOI will dream up to keep them all employed messing up the Island. Cannan isn’t daft so hopefully he and Treasury gets to call the shots. 

  • Like 2

Share this post


Link to post
Share on other sites

It goes before Tynwald in a week or so.  The 250m is potentially what they could borrow.  I doubt they'll utilise that much initially.  Lots to sift through over the next 6 months.

The banks are not helping by keeping people at home.  The bigger banks are being dictated to by the UK head offices and being treated as a UK bank branch.  There's talk that Barclays won't entertain many staff in before September and for RBS group the end of the year.

Share this post


Link to post
Share on other sites
12 minutes ago, The Dog's Dangly Bits said:

It goes before Tynwald in a week or so.  The 250m is potentially what they could borrow.  I doubt they'll utilise that much initially.  Lots to sift through over the next 6 months.

The banks are not helping by keeping people at home.  The bigger banks are being dictated to by the UK head offices and being treated as a UK bank branch.  There's talk that Barclays won't entertain many staff in before September and for RBS group the end of the year.

My wife works for RBSI and there is no intention of getting them back into the office any time soon. 

Share this post


Link to post
Share on other sites
5 hours ago, Mr Newbie said:

Borrowing the £250M is a sensible idea. It’s half of what Jersey has borrowed but we do need to borrow money in that range to see us through. My understanding that it’s not all for the immediate shortfall but also to go towards some investment in the future. It really is “finger in the air” stuff at the moment though as they can’t accurately predict what the fallout of all this will be. They were (luckily) well under the amount of compensation they thought they would have to pay out to unemployed workers and businesses so a lot of this is just making sensible decisions as things unravel which they’ve largely done so far. 

The Iom gov has not borrowed anything. Yet. The point of the proposal was to allow the borrowing in the future should it be required. So far it has not. I think the ability to borrow the money was also part of the state of emergency act. Since that act is now defunct, the ability to borrow is also possibly defunct. 

Share this post


Link to post
Share on other sites
23 minutes ago, Cambon said:

The Iom gov has not borrowed anything. Yet. The point of the proposal was to allow the borrowing in the future should it be required. So far it has not. I think the ability to borrow the money was also part of the state of emergency act. Since that act is now defunct, the ability to borrow is also possibly defunct. 

It will only ever be borrowed to ensure their own salaries/pensions are met.

Share this post


Link to post
Share on other sites
15 minutes ago, Cambon said:

The Iom gov has not borrowed anything. Yet. The point of the proposal was to allow the borrowing in the future should it be required. So far it has not. I think the ability to borrow the money was also part of the state of emergency act. Since that act is now defunct, the ability to borrow is also possibly defunct. 

It doesn't have anything to do with the state of emergency act.

They will be borrowing too.  Absolutely nailed on.  But it's cheap to borrow so no big deal really.

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...

  • Recently Browsing   0 members

    No registered users viewing this page.

×
×
  • Create New...