THE MIGHTY THAW? How to wake up a frozen economy

The Bunker

Podmasters

News, Politics, Society & Culture, Government

4.6 • 984 Ratings

🗓️ 29 May 2020

⏱️ 34 minutes

🔗️ Recording | iTunes | RSS

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Summary

What buttons can government push to wake up a comatose economy, and will they work this time? Will this formerly Conservative government need to go full Keynesian with a bonanza of giveaways to stimulate activity? Or if fear of persistent virus stops us returning to “normal”, might Government withdraw its support measures to force us back to work? Alex Andreou talks to DR GEMMA TETLOW, Chief Economist at the Institute for Government, about the fiendishly complex task of bringing the economy back from suspended animation. “Ten years of focus on greater efficiency drove out some of the resilience that might have been there.” “If we come out of this with people holding on to their money then Government may need to stimulate the economy even more.” Presented by Alex Andreou. Produced by Andrew Harrison. Assistant producer Jacob Archbold. Music by Kenny Dickinson. Audio production by Alex Rees. THE BUNKER is a Podmasters Production. See acast.com/privacy for privacy and opt-out information. Learn more about your ad choices. Visit podcastchoices.com/adchoices

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0:00.0	My name is Stan. I'm at. Nice to meet you. So you took up photography where? I've always loved
0:05.5	photography but I turn it into earning a living at 60. I enrolled on a day course.
0:11.8	Well college. I loved going to college. It's good you can retry. I'm enrolled on the day course. But college?
0:13.0	I loved going to college.
0:14.0	It's good you can retrain and do something.
0:16.0	Yeah, yeah.
0:17.0	Let's talk about working, learning, saving and making the most of living longer.
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0:55.3	look after theirs with dental life. Pick up dental life in the pet food aisle. Hello and welcome to another edition of the Bunker Daily, the mini eye test of a podcast that ensures we can drive the
1:16.1	hallway on Wednesdays. I am Alex Andreu and I'm talking to you from my 12th week of lockdown in Mikknot Greece where daily yoga
1:25.8	has been replaced by arguing with my sourdough starter and promises of writing 2,000 words
1:31.8	a day have been adjusted to considering any day in which I wear trousers, a good day in professional terms.
1:39.0	I am excited to welcome today Dr. Jemma Tetlow, formerly of the Institute for Fiscal Studies
1:46.0	in the Financial Times and currently Chief Economists at the Institute for Government.
1:51.1	Hello, pleasure to be here.
1:53.0	You recently wrote that government being clear about its objectives coming out of lockdown
2:00.2	wasn't just a nice to have, but essential both for business trying to plan and in terms of
2:07.6	holding government accountable for delivering against that plan.
	...

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