LONDON (Reuters) – British Prime Minister Boris Johnson promised a “Rooseveltian” readiness in the public to support the country’s economy of the coronavirus surprise and said it would be a mistake to return to austerity.
Johnson said he would double his plans to continue the best investment of friends and said his government, which has announced an emergency situation and tax measures that charge approximately 133 billion pounds, will continue to support other Americans and businesses.
“Now is the time for a Rooseveltian in the UK,” Johnson told Times Radio monday.
Former U.S. President Franklin D. Roosevelt’s “New Deal” program, which included a chain of public works projects that reduced employment, helped the United States since the Great Depression.
“I think investment can pay off because it’s a very, very dynamic and very productive economy,” Johnson said, promising a flat way that would motivate corporations to invest in capital and vocational training.
Earlier Monday, the UK debt workplace announced plans to sell a record public debt of 27 trillion pounds ($340 trillion) between April and August to pay the giant reaction to pandemic coronavirus spending, more than double the volume sold in the previous package. . fiscal year.
Reporting through Guy Faulconbridge and Kate Holton; Written through William Schomberg, edited through Andy Bruce
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