Transcripts For RT CrossTalk 20240712

A research and olympics she is also the author of fed up an insiders take on why the Federal Reserve is bad for america as well as they call mr Bloomberg View and in new york we cross to marshall our back is a Research Associate for the Levy Institute at our college a contributor to independent Media Institute as well as a member of america compass or a newly established think tank for him to restore an economic consensus that into sizes the importance of Family Community and industry to the nations liberty and prosperity crossed up rules in effect that means you can jump in if you dont want and i always appreciate ok let me go to our national 1st in new york last week we came out with a new job numbers and it was quite surprising for a lot of people that was a row of jobs growth probably over 2000000 though there seems to be some all of the issues now which she was kind of interesting in itself. Which gives people reason to. The leader there is some kind of recovery and i would really would like in this program to be politicized and i dont want to talk about who would be whose advantage it is ok because that is turned into a political football and we need even with something that is in some kind of recovery or is it too early to same her recovery in some sectors and not others kind of you know unpack it for us you know without getting too political the look that the idea is if you if you go if you if you stop a car you know youre going 100 miles an hour then you stop a car then and it goes to 0 and then you break celebrate and it goes 20 miles an hour of course you know the car is moving again and. So course thats progress but you are still far from seeing that automobile move operated at maximum efficiency so leaving aside this testicle ledge and there are there is problems about and im sure well get into that yes theres been some recovery but you are still dealing with some youve still got some profound long term structural issues which i think are far from big result in your opinion and its one of the things that you know a situation like 2 very sudden because this was this was selfinflicted it the kind of it was turned off it was a it was it a choice ok but as we come into this recovery it if you know the word recovery is proper yes but it kind of reveal some of the structural problems that were in the economy in the 1st place and i think that thats something that we need to look at is well because i belong to lamented people talking about these really big Macro Economic numbers that doesnt really always tell you very much about the economy or what how the markets are you know i mean you know you come out with you know these different various job reports and then the markets are soaring and they seem so disconnected because it really doesnt have much to do with the average working family. You know thats exactly right and i think that the reason that the economy was kind of on a weak footing coming into this year is why weve had the rebound in the stock market that we have and that is that the Federal Reserve kept Interest Rates at artificially low levels for so many years that nonfinancial business debt in this country was allowed to double so it was an accident waiting to happen so to speak and once that accident did happen you know that the blackest of black swans then we saw a much faster underground following in the Corporate Bond market and what would have been expected and that was just it was just a by product of them being as over levered as they were which prompted the fed to lie to the rescue and do things that its never done such as get into the high yield bond market and rescue companies that have been downgraded which is set off what we call animal spirits the likes of which weve never seen now we have individual that does this smallest of Retail Investors pumping up things like insolvent companies such as j. C. Penney and hertz that have actually declared bankruptcy filed for chapter 11 and yet investors in general are so convinced that because of the feds extraordinary actions to contain the outfall of the credit market the credit bubble bursting that the fed no matter what happens is going to have their back with i mean thats like the fed choosing winners i mean is that really helped me through the economy because it again thats kind of an evolution i mean thats a choice its not really Market Forces as were always told to worship here i find that really quite bewildering and what is the doing if youre buying Corporate Bonds i mean this is this is its not creating an even Playing Field how do you explain why. What the current what the fed is doing right now is credit allocation but what the end result is is the likes of price distortion the likes of which weve never seen it is almost impossible whether youre investing in a bond or a stock right now to say what its inherent underlying value is youve got 40 percent for example of the standard and poors 500. 00 its pulled guidance all Earnings Guidance for the year so if youre talking about the most traditional valuation metric the price to earnings ratio its kind of undefined right now is so i mean were an absolutely extraordinary times and yet we have the markets at all time highs that is what that policy is creating and the irony is that you know corporations have tacked on an additional trillion dollars of debt in very short order and this is just going to make them that much weaker than they were coming into the year if we dont have a true the shaped recovery and i mean full the shaped recovery this is going to leave that sector that much weaker and more to one of the things thats coming to my mind one thing of the Financial Reporting is that its almost is if house the economy isnt necessary anymore or wrap the people in the economy for it to continue to move forward i find that really quite bewildering because again if you look at you know a lot of Financial News you know people are upbeat you know and of course you know you know. These major corporations that were bailed out 1st you know house they were not so i mean its like someone said to me rather just heard you dream theyre back in the shower drinking wine and the good part of the country doesnt feel that i mean if you have even more beer on the street i think thats right and to your point about the fed so i think the winners and losers i dont even think its winners and losers i think the fed is its whether youre politically well connected to the extent of the bailouts really have its a is a function of how well established. Existing banking relationships where which is why the programs like p. P. P. Have not worked out well because theyre a Small Business that employs say 15 people youre not going to have the same kind of relationships with with j. P. Morgan as a large Multinational Corporation will not that and thats no fault of. The banks per se i mean thats understandable but to your other point i mean i think been a long standing problem weve had a serious deterioration in the open all of who have jobs even as we were coming to full employment and i think thats been a long standing problem its been brutally exposed the underlying. About economy for a long period of time and as you point out this post Pandemic Response has actually exacerbated the problem its we instead of fixing it weve actually made it worse you know then you know its in when people talk about a recovery i think its more germane to say recovery for home i mean thats really the question we have to ask because i think i know its usually politicized and im im deeply conservative person and i can easily politicize it myself but you know if the if the issue is here that we need to have a recovery it are the right people to be on the on the receiving end. And thats exactly right you know right now the narrative in the media is that Everything Associated with any of the pain of the corona crisis is temporary in nature there will be no hermant the consequences of what were seeing right now and yet we know that Small Businesses as they look to reopen. And for a generation now weve had Small Businesses focused on an unvaried a low price labor at the expense of Capital Expenditures now and in a world where so many consumers are going to be going to have anxiety about social distancing now youre going to have an opposite trend of Small Businesses looking to invest in Capital Expenditures and automate to a aster extent and they have kind of like the medium and Large Sized Companies in america have already certainly started that process but youre going to actually have even the Small Businesses that employ 47 percent of americans prior to the current of the current of our Virus Outbreak youre going to have an even smaller segment of the population that is brought into and under the Small Business umbrella and which is a a made Huge Foundation and source of innovation and entrepreneurship that is traditionally been a job creation engine so im truly concerned about what the aftermath of this is going to look like you know martially with the with the jobs report that we got last week when were inside is the big dig kannan mean what sectors of the economy you think that these jobs came from because again there was a lot of people of occasion about these numbers and i i kind of think that was politically influence but i mean they gave economy small d businesses which trying to Small Businesses or is it like this amazon just got another 100000 well to your point about the the problems with the numbers themselves if part of the difficulty ironically its the that we have these new programs like the government Grant Programs whereby funding was extended to companies who kept on their payroll or sustain their payroll who duration of the crisis so when they they were in this anomalous position of being paid but they were doing anything and the. The b. L. S. At the end of its report indicated that these people were counted as employed of though they are the facto unemployed so and if you actually made adjustments havent you had a 16 percent Unemployment Rate so so i but look even if we look at 13 percent thats still one of the highest numbers weve had since the Great Depression bit the growth came in a lot of instances simply from reopening the economy so that you know even if its 50 percent you know youre hiring back some steps a work at restaurants again or other services that have been closed down i mean i am in new york and most of the economy still shut down here in new york city but in other places its comparatively open so so clearly theres an impact map you have to ask yourself whether a lot of these Industries Like retail leisure restaurants are ever going to recover from the prepared democrat levels at least for several years to come i mean you know restaurants will be operating at 50 percent capacity as an example can be considered are you making any money i mean i know one people work in the Restaurant Business when they have 200 percent capacity to make their job no thats right thats right i mean if i mean im as i said in new york theres a ton of small restaurants newspaper high rents theyre not going to be able to make it and and thats not unique or on the company and of course some you know were doing this on zoom lots of teleconferencing in telecommuting mean done zoom so that means less and less travel less airplanes boeing was having problems even before this latest crisis theyll probably make it as a sub. Contract at the pentagon but theres a 1000000000 business could go straight down the tube so there is there are some real problems going in regard to hysteresis you know any bailing out an airline somebody that doesnt make good Airlines Anymore really really really im going to were going to go to a short break let your break you were discussion on the recovery. Looking at one. Of the was a clip of sold or used to the store. But the way its always ok it was a little more what i believe. But not something you know. The media will step up to that they can put us in the wood at the close to the. Smallest little bush open to capital clinton that thats what i am. This isnt a. Yes. The. E. F. 08 join me every thursday on the alex salmond chill and ill be speaking to guests of the world of politics or business im show business ill see of them. Welcome back to cross up were all things are considered im Peter Lavelle to remind you were discussing the state of the economy. I dont you lets let me go to you lets talk about what the government is doing and not doing you know you can call it a bailout you can call a stimulus package we can talk about the timing of it all. What is it. Stop the freefall was it basically meaningless because they were bailing out people that have more money than god anyway and using that the tax code i mean thats thats thats fine when you have high employment you can redistribute wealth only have so many people unemployed theyre not paying a role at all and we can talk about the derivative issue of health care if you dont have a job has the government done the right thing for the working people of america im not talking about the rich working people go well you know its interesting you raise that issue because Consumer Confidence among the lowest quintile and the 2nd to lowest quintile. Has recovered at the fastest pace in fact were seeing Consumer Confidence among those who make between 75099000 a year continue to slump as layoffs begin to move into white Collar Industries my greatest concern about giving the lowest income earners and an additional 600. 00 a month out to the end of july and well see if that is extended or not. Is that its provided a false sense of security to an income cohort that will then be at the end of this stimulus period still facing the same traumatic financial consequences as they faced before and i refer to cop cars being repossessed or rental evictions and in fact youve seen more reticence just in the last few days among potential car buyers and one of their chief concerns is that theres going to be an expiration of the moratorium on rental addictions so the question is have you have you just bought a little bit of time while demand a structured is occurring in the background such that youre not just going to have people and why call a positions but also people at the lowest income runs out of work and will there be the political wherewith all to address what really needs to be addressed which is figuring out a way to secure jobs as opposed to keeping people on effective universal basic income which has which is really what has been created by congress and has resulted in a disproportionate number of you of u. S. Workers being called back to work and saying no im collecting a lot more right now than i was before so the incentive system is just all catty wankers to use a very technical term and i worry about whats going to happen on the other side of this because the fate of so many millions of americans rests in congress right now yeah and. Those funds that were sent out i would have no match in the great deal of it is just to pay off debts to if thats what people are using the money for it because they dont know i mean dont worry if you know if theres light at the end of the tunnel its really going to be another train coming in their direction i think thats really the analogy here marcia what do you think of how the government is responding to this because i must say this problem moralistic point of view you know they kind of wipe their hands theyve been on big. Ation you know i mean there are tens of millions of the emergencies out there in the country people losing their jobs. You know and im a you know as a conservative. You know my 1st reaction is limited government i dont like people becoming dependent on the government i think that anything that the government should do should keep Families Together in people and work and then thats the derivative but in an emergency in the blocks want to bend like this i think that you know if you cant use the argument we dont have any money we have plenty of money for their friends and their special interests here but in the end you brings up this really important issue is that you know how much is how the people good and creating or creating relief but without creating dependency because there is that issue people say why should we go back to our im getting a check i know we. Are short answer to that is that you know come july 1st for now those checks wont be coming anymore which does raise the problem that. Brought up and what happens afterwards if there is not a job to go back to look its its an unusual situation because you effectively have created its been the government that has created this mass unemployment in order to deal with a public pandemic. They have put the economy into a deep freeze. And to you we can i dont want to discuss whether that was the right of the wrong thing to do in terms of luck and the fact is you knew it instantaneously created mass unemployment but if you want to sustain Political Support for those relief efforts then youve got to make sure that you do it properly and i think the europeans have done a better job of that and we have in the sense that many of them have just gone straight to a a nationalized payroll and that to me that wouldve been a more desirable way to go because youre its less politicized you all you dont have to create a whole bunch of new bureaucracy to do it you you have the the. Data within the the. The i. R. S. For exactly its easy its easy enough to to get those checks to those people from existing base but if you think payroll and it would have taken out a lot of the government discretion and a lot of the political problems that you that youve raised so denmark norway did that even the conservative government of chances the tories covered about 80 percent of salaries up to think 30000. 00 pounds so that to me would have been a much better way to go of course as the economy recovers you do want to wean people off point is that if youre the one responsible for throwing people out of course then i think there is a moral obligation to make sure that they they are compensated for that and likewise in regard businesses i say you dont want to create a profit windfall but there is a a constitutional clause in the Us Constitution that the takings provision which assumes that which mandates that you compensate. For any of the sustain which as a result of Government Action now i dont think you can get them when all profits but at the same time. They should be compensated for their fixed costs theyve been they would have otherwise incurred i think that would have been a fair way to sustain support from their side and being consistent a constitutional provision that we have here and only only if i agree with it that would be the moral thing to do its a common sense thing to do at the same time i mean if you you know you eternally economy on which i dont think in the history of ever this is ever been tried. Ok and we all saw it ok and when you have the last right the most 929 when you you wonder what was happening i mean if you were money a market maker you want everything is coming to heart this is something that we get noticed and we all kind of walk through it. Darr what you wrote was going on here and it seems to me that not only was it would have been the morals the decision but if you wanted to switch back to her you would have time for a better chance of the moving parts you more or less the same as they were but now were in a very different environment. We are and i wont take credit for this idea it was actually it was actually articulated 1st by mark cuban who said you know the i. R. S. Has access to all of these Bank Accounts of all these Small Businesses why dont you just give them overdraft protection until the end entire National Economy is ready to reopen and rather than this patchwork that weve seen where arizona opens quickly and now its hospitals are becoming overwhelmed and texas is open very quickly and now weve got weve got record levels of coronavirus cases so youve got this this this piecemeal approach to reopening because there is this need to get that you know through the business doors open so that we can get back to work i get that but had you had a much more who ward 8 it blanket National Approach i think that there would have been a lot more calm among the Small Business owners of the country and more of that kind of a for lack of better word congeniality if you will nationwide as opposed to what weve ended up with which is a ton of divisiveness that we all know serves absolutely no purpose. They are marshalling and you know i always explain to the non americans about the virtues and then the downside of having the kind of country the United States has because we have states ok and i constantly telling my friends that governors can say no to the president i mean. They were elected in their state thats what the response to do and you know its very very confusing but you know this is one of those downsides here and we all pretty much kept our promise not to politicize this but it was because of oh its i dont think it was because of good Public Policy got in the way when we look at 8 because it wasnt a nation or white response really it was very p. C. You said it was piecemeal but in fairness you know its a large country a large geography so you know its not like new zealand where you know youre 7000 miles away from everything and you can easily shut everything down so its very hard to construct a sensible National Response which will meet the needs of new york in the same way that it will meet the needs of texas that is both a strength and a weakness a host country as you pointed out but i dont think it i think it does complicate the issue of federalism theres once you can have common criteria which i think they tried to do but you know look new york had more of more than half the cases so to suggest idaho should all exactly the same plans new york as its silly and i think thats reality. Ok going to work well when people say the word recovery what does that mean in your mind what kind of recovery do you want to see him again i want to keep my focus on the middle classes and working people what is a recovery for them. Well i think the recovery needs to be kind of as i was suggesting in a utopian manner the shutdown was coordinated i would like to think recovery would be even more coordinated such that there were certain strictures dictated so that when you do reopen you can reopen to the fullest and that is my greatest concern is that across the nation you have consumers and this is a consumer driven economy 70 percent consumption you have some consumers who see the local news and for example see people who are not Wearing Masks and say thats fine all throw up my hands and be reticent to return to my old Consumption Habits until i see that things are such that i am comfortable so you might my greatest hope for the recovery is that the people of individual communities and states and the country come together and say the more we can be much more aggressive at reopening if we approach this as many asian nations that have never shutdown have approached it and that is by making sure that you maximize reopening by maximizing the general Comfort Level of among all consumers so that we can get this engine started back up as opposed to going back to marshalls analogy ok great weve turned the car back on but were still driving as if were in a school zone but we need more than anything else is certainty and we all have to agree on that there has to be consensus as all the time we have i want to thank my guests in dallas and in new york and i want to take our viewers for watching us iraq you see you next time remember. We go to work. Street old. Bests drug where her cocaine was were 4 bucks for dia and just for the its addictive job everybody use kogan. Cocaine you can smoke it this is were for a 5030. 20. Car came to this is about a 15. 00 big people smoke this one go figure circa sweetie you can find these drugs in any city in the United States that you all along as you want to get it about the. Make money. And thats what i did there a day. Aha no t. V. No crow. No shots no. Action belts. No arrests were. Points your thirst for action. Well coming up views from around the world live from Central London this is our 2 u. K. Black lives matter process continue in london calling for greater justice for britains minority as we hear from the aunt of an alleged victim of harsh Police Treatment and a for want met chief superintendent. The u. K. Government could face a legal challenge over the export of riot control equipment to the u. S. During an respond by the death of george floyd in Police Custody as the Scottish Parliament calls on britain to put similar exports. Comparable pubs feared closure amid worries that 2 metres social distancing rules and severely hit businesses we hear from the c. E. O. Of the british pub association. And campaigners call on the u. K. Government to give a timeline for when all dangerous cutting will be removed from the building and head of the ground fell tower fire on a 1st rate ill be talking to a man who lost 6 relatives in the 5. Oclock lives massive protests continue in london this friday calling for greater justice for britains black community its the latest in a wave of demonstrations sparked by the death in the us of unarmed black man george floyd while in Police Custody as his Prime Minister Boris Johnson urges people to stay away from future protests which he says have been infiltrated by unsavory elements well joining me from the protest in Central London is r t u case law that resists so where are you whats the latest from where you are. Where we are now in trouble the square this protest to god in the hard part it was a protest which was due to be held yesterday apologies to be helpful more but its been moved forwards the protesters marched. Hyde park they came down pos Parliament Square and into child a square against Police Brutality and primarily sparked by the killing of george floyd in minnesota in the United States now as i mentioned not initially that march was supposed to be held tomorrow but theres been a counter protest held. At ice for tomorrow by the democratic football louds alliance a group which some described as being the far right grouping of football hooligans from across the country for that reason. Is all of the protest vote this one forward by a day to avoid any clashes between the 2 sides no d. F. L. A march sparked by scenes last week where the statue all but Winston Churchill which stands in Parliament Square was told with the words Winston Churchill is a racist or was a racist in reference to his history and the British Empire in places like india and zimbabwe and what possessed the say of the crimes he committed that however the Prime Minister Boris Johnson took to twitter to defend the legacy of the. Wartime leader Winston Churchill saying that it was chacha who defeated fascism in nazi germany and also he went on to say that those acts of violence ovando his and didnt represent the overwhelming majority of the black college muscle movements i know in his words the actions of infiltrates is. Whats happening with these these demonstrations is that 8 tiny minority or achieve a growing minority. Have hi jeff. And they are using them as a pretext to attack the police to to cause violence and to cause damage to public property so my unforeseen my message to everybody is that for all sorts of reasons they should not go to these demonstrations and whatever our feelings about the cause we should not support a demonstration that is you know probability looking at whats happened before going to end in deliberate and calculated rather. Well lisa in the meantime what is the government doing in reaction to this. Well weve seen the response from Robert Buckland he is the justice secretary on the home secretary as well pretty good sell now shes already perhaps caused by condemning the bringing down of a slave trade the statue last week in the city of bristol and shes now announced along with rob about clothes that the government will be fostered tracking the jailing of people that they say are involved in criminal activities under the guise of the black lives movements including extending sentences for people who attack a majesty workers Like Police Officers resort scenes this week of young men attacking Police Officers in hackney in east london and 3 so the the government saying that they are going to be bringing in these reforms however there are those who have all accused that this is quite the can be a tie being received in the past a supporters of the far right leader told me robinson attacking police in the past and the government now introducing these types of measures so those critics say that perhaps this is just another example of the type of systematic racism but these protesters who are raising their voices against. The side to fog a square in Central London thank you very much indeed and apologies too obvious for some of the language you heard there as well well earlier i spoke to clothing to barry who claims the next he faced brutality at the hands of the metropolitan police she told me the incident escalated after he went outside to investigate a combination between police and a group of boys including his brother. I dont know whether it was the fact that he was insistent and the fact that he was holding him if a no good reason i will say things went from strength to strength and very quickly he was being detained he was. And being very polite in the video that we will kill a. Nice polite conversation very quickly got heated where my nephew was then breena c. S. Gas he was being pushed and punched in cheat by several officers and still he ended up on the floor he was serious cast in his face once he was on the floor and all the time the family kept saying to him he is an asthma sufferer while he was saying i cant breathe i cant get in the way weve also got asked to comment on the video that were showing with it as i said he can see it while you were talking and they had to get back to us about that but lets look at it from their point of view in these tense times where were saying whats happening they would argue that they were simply doing their job what do you think they were simply doing their job because. If you can see my nephew is in the man. Hes got and hes worked over all he has just come from work they were standing outside in and listen to issues street there was no. Animosity there was no loud noise there was loaded loud music they were not confrontational so the police when used in watched the video all the thirst encounter of my nephew with what you see him saying is can you stop the police what you put in at me even as he gets down on the floor hell hear you saying can you stop the police. Or more on this issue as well as the increase in attacks on police themselves im joined by former chief superintendent of the metropolitan police well bob dole thank you for joining us weve seen some pretty awful footage of attacks on both sides Police Officers being attacked and allegations of brutality i mean how can we can things down. Well we really do need to calm things down but i remember when i was a young peace a peace around and attacked when i was making arrests for a robbery i mean my colleagues had to call for assistance we were surrounded and it was a horrific experience so my heart goes out to those Police Officers and what we do know is that the Police Officers were called by a victim of crime and a then trying to change an individual and then the altercation started i mean whats quite worrying is that people are now prepared to not help Police Officers who are trying to change suspects but start filming it and its a really really worrying trend and i think what the metropolitan police need to do is identify all of those top rates make sure that theyre identified and make sure that theyre brought before the law because its Never Acceptable to attack Police Officers in that way never i mean our office is an easy target i mean do they themselves need more protection. Well in the u. K. The Police Officer numbers have been reduced quite significantly we lost 22000 Police Officers in the last 10 years and 800000 police start so so its a huge reduction in Police Officers and police Staff Resources so theres not as many Police Officers were in the middle of the recruitment drive but we decoded crises that recruitment drive has now been stalled so that creates its own difficulties so part of it is about numbers not just having sufficient resources. To be able to deal with individuals who are being rude its also a question of direction as well i mean did the police need better direction from the top theyve been accused of simply letting demonstrators tedham monuments but theyve also been accused of getting too involved as well. Yeah i mean its a difficult one but its you know certainly the at issue around the monument the slave trader called singing bear in bristol i think youre talking about basically you have a situation where Police Officers are trained to deal with disorder they would have to make a call do they have enough resources can they go in there safely to restore order or will people get hurt or Police Officers get hurt will members the public. Heard unlike many other countries were unarmed so the Police Officers have to utilize things that maybe a taser maybe battens and it just wasnt appropriate to go in and do that so so i think theres a lot of armchair Police Officers who say i would have done now or done that but you know they and i havent been there theyre not be Police Officers they dont understand the challenges and and we have to respect that police make an operational basis what you anticipate happening over the weekend well its and i think that no matters have shown leadership here because i thought that demonstration forward as your correspondent pointed out the the far right group there is sort of a football as army which is a sort of a far right racist group they are basically so you know wanted to demonstrate at the same time so blind that it showed some leadership and brought their demonstration forward so hopefully you wont have the 2 groups clashing but unfortunately wherever you have far right racist groups you will you end up having disorder and im sure the left will bring people to oppose and martin you know so its going to be a tricky time and we cant. Thank you very much and dave thank you very well is representing an identified british citizen have urged the u. K. As International Trade secretary mistrusts to stop exports of riot control equipment to the u. S. It comes amid condemnation of American Police use of such equipment against protest us the u. K. Government could face a High Court Legal challenge if they refuse to suspend export licenses the claimant is extremely concerned by reports that the u. K. Government is currently permitting the supply and exports of equipment to the usa in circumstances where there is a real risk that such hue came manufactured military and Law Enforcement equipment is being used against protesters in dangerous and highly inappropriate repressive ways. Well meanwhile the Scottish Parliament has passed a motion that also calls on the u. K. Government to suspend arms exports to the us hollywood says it stands in solidarity with the black lives matter of movement the motion was backed by 52 votes to 0 with 11 abstentions it also called for the establishment of a Slavery Museum in scotland to address historic links. For the campaign against arms trade has revealed the us is one of the Worlds Largest buyers of u. K. Arms with almost 6000000000 pounds worth of arms licensed in the past 10 years well the u. K. Is also license 800000000. 00 pounds worth of small arms to the u. S. Since 2010 and over 2000000. 00 pounds worth of security and Power Military police goods including antiriot shields were Scottish National party m. S. P. James dolan told me that the government should put peoples lives ahead of profit. Its important for us to send that message that the Scottish Parliament stands behind the black lace d. Movement and also the fact that were horrified to see whats been happening to some of the protesters a look at them and if we can say in that macys to westminster is just a mob of pressure that its about government to court flee through that same court for. Not really you know i mean if somebody swallowed by cotton its a chicken or trump im sure the ball is about good so he wants to model heart of the school need to sort of people. Use someone well thats all saying yeah youre saying this at a time when weve had the economic figures as well the economy has dropped by a 5th and many u. K. Jobs are dependent on alms for adoption and distribution do we need more job cuts chewing these unprecedented times yeah but the argument takes is the rule that says that we should then be allowed to sell anything to anybody because theres an economic benefit to it and i just think to some things we have to do is you have to transpose the peoples choice that hate of the head of the process and look to see how the can build a market since the interval. Coming up after the break activists called on the u. K. Government to remove all dangerous crowding from buildings at the grenfell towel fire out of us right up until the top of the last 6 relatives every tragedy. Is you know media a reflection of reality. In a world transformed into. What will make you feel safe. Isolation because you dont see. Are you going the right way or are you being led so. What is. What is. In the world corrupted you need to descend. To join us in the death. Or a maid in the shallowest. Join me every thursday on the alec simon show and ill be speaking to get out of the world of politics sports business im show business ill see you then. Welcome back the u. K. Economy has seen the biggest slump since records began according to figures revealed by the office for National Statistics they just shows that Gross Domestic Product struck by over 20 percent in april alone almost 10 times more than the previous biggest for it followed a fall of just under 6 percent in the month of march over 2 months combined have seen the economy shrink by around a quarter experts say the dramatic drop is due to the impact of strict long time restrictions or meanwhile nonessential shops are preparing to open their doors again on monday after over 2 months of lockdown amid fears this may be too soon after u. K. Shut it was daschle reports. So i can confirm today the retail outlets which have been required to be closed will be able to open the doors again from monday the 15th of june. When it comes to high street shopping try before you buy has become a long distant memory during the coronavirus lock down 3 months on and the government thinks that reopening shops might provide a much needed boost to the economy there are concerns not just what the new normal might look like but whether or not its safe to take the step forward to how to indicators are all that telling us that it is too early to lift the lockdown the issue is people will come into the shops but they were also mingle and rude and after the shops and this is where all the shops may be a safe place the process of going to the shop and then coming back home and in between are all risk areas unfortunately i think case numbers will inevitably go up under these circumstances so how my staff and shoppers be kept as safe as possible and what might the high street now look like well that to me to social this is single is still in place which many in the industry say simply wont work in the hustle and bustle of every day retail some stores though are planning to supply things like Hand Sanitizer on arrival some will insist on masks although none of these are a legal requirement with clothing retailers shoe shops and even bookstores planning to quarantine stock up to 72 hours if anyone touches it obviously times are hard Retail Companies are moment might come you know they can to accommodate them bring the Staff Members back at one time theyre doing it in groups of people the managers have been around and everyones on the floor to make one way system theyve got clean stations as well they are being given face shield which go through the top of your head so that what just underneath each in which i think is really great considering other companies have not provided. Im happy to get back in into work and start working hard again the new normal isnt just about behavior but what stood out one study estimates as many as whole for retailers could fall into administration by the end of the summer clothing sells it down by a 3rd well known food related items in general dont buy as much as half while experts are warning the rebound might not be easy we still see a lot of our retail clients same but i expect was the end of you and. You have lost revenue in. Business what we know now is not even the government say its. Again were not going to have an immediate because. Its not just a matter of well. Its a matter of whether or not to do so theres a further problem with this brave new world will the public actually want to shop currently thats historically high levels of Online Shopping over 60 percent customers have full new happened and technically the virus is still out there so will they need convincing to get back on the high streets and have the really be like so you can you can come to a shop and be surrounded by strangers but you cant go visit you know that doesnt make sense to be apprehensive about shops opening next week. Or a big concern. That there would be to grab and do some shopping but. Im concerned about safety im really looking for i havent got any solitary soul so it was me saying i have nice. Things i think that were opening to say businesses and businesses are important but i think the government should do more to save these businesses without having to risk peoples lives it will be a lot more contact and thats going to increase the chances of getting infected at the same time this good reasons behind it so the new normal on the high street might not be to everyones tastes but given how fragile the industry was before the lockdown retailers will be hoping that the public gets used to it and quickly check out a stash the artsy london. The u. K. s lockdown has dealt the Hospitality Industry a devastating blow with at least half of all pubs on track never to reopen again the scotland have 2 separate road maps to get the sector up and running england has left the to meet a distance fall out in favor of y. Displacing between customers with no specific distance requirement while scotland plans to keep social distancing rules in place in pubs with the nations tourism chief warning the rule could stop many venues from reopening due to a lack of space well i showed earlier by the c. E. O. Of the british beer and pub of sociate an animal park and she told me that if the government advised just one me to distancing in pubs instead of 2 we could see 75 percent of the sec to reopen when restrictions these its been devastating for the pub septa that has paid their part in the fight against career advised by closing their doors since march so theyve had no money coming in and of course as we are beginning to reopen our economy return to the workplace we need to also think about how we can also reopen the hospitality sector and also get money in all the home nations view this differently as weve been hearing scotland want to keep the 2 metres but england they could relax that will this social distancing remains under review and that remains under review in england as well as it does in other parts of the United Kingdom in fact weve seen some of the islands in our isle of man of reduce and eliminate. All together so we say you need to be aware of the pressures on our sector if it is a 2 metre social distancing rule that means only one 3rd of pubs can reopen but if they reduce it to the debate over his one metre rule they would actually be able to see 75 percent of clubs were opening so theres a stark choice there for the government if it really wants to kick start the economy within the party then we need to look at these are distancing measures that social distancing be placed though when people have had a few drinks. I think its important that we focus on the environment and we are working with the government to create the guidance about how we can create a safer workplace in our parks and also our restaurants and were looking at what we can do in terms of measures to reduce interaction between customers. Grunfeld campaigners are calling on the government to outline a plan as well as set a concrete deadline for in moving dangerous cladding across the country. The elite. Around half a 1000000 leaseholders currently live in buildings covered in dangerous materials a survey conducted by the u. K. Calving action group found that 90 percent of those asked felt their Mental Health had worsened because of their living situation or meanwhile more than a quarter of respondents claimed they have been diagnosed with new Mental Health conditions and more than a 3rd have noticed their preexisting conditions worsened while almost a quarter say they have considered self harm or suicide well imagined by inability to care he lost his family. The bill thank you very much for joining us thank you indeed i know i know what the weathers like there in 3 years on and there are still buildings with traveling how do you feel about that. But its a stove oh its terrible you know but. And has a commitment will if in and challenging the government. 3 years on he still has. Some money but some money is not good enough you know people are living in fear of their lives and it needs to be you need to fully commit and put words into action. Committing you know a lot of people so you know living in the fear of you know danger. You know what do i do i dont want to see another. What is going to happen you know. Telling them im reminded in the you know you need to remove it you need to put more money in vessel money you have a duty to everybody in britain. We dont want another. I think its a government which is on these that theres a pandemic going on and the government also has to focus on that and also sort out the economy and so perhaps they have at this time other priorities do you think thats a credible argument. Well we must stop using excuses always in for more excuses to come along you know would it be the pandemic that theres still people building buildings dowd you know so if you really care about the people of england and brits and then you must commit and fully commit not partly come in and show and do something that youre as if youre showing youre doing something something is not good enough whats the general feeling within the community and avail. Dead terrified theyre upset that they dont want to see another ground for you know people who have lost a life they sat here and watched grateful to our boat and we also watched their fault our go in a place you know we dont want to see that again that we dont want to hear it you know its and this and this campaigning we are doing and you know we want to make sure that everybody can live in peace and im literally in safety and finding a bill how will you commemorate your loved ones over the weekend. A fairly good question. Im going to be thinking about them and praying for them and lighting candles and hoping that doesnt happen anywhere else. But bill thank you very much indeed for talking to us thank you thank you thank you. Ill be back with more news in just over half an hour. 2 0 mills right there. Where a dead body could be a mistress right now. Its hard convincing me. To make minimum wage he can be recruited by a gay and sell drugs and make hundreds of dollars at the. Cylinder visitors so when a person is still throats but since youre. In if you dont have to know how all the prison food into the slime saves job this clueless idiot lifestyle is going to fail. They cant find housing somewhere else because they have a criminal record. They share 5 jobs because of a criminal record so they dont have the money for wozniak community anyway. They do not want black people to be equal they might want one black or they want one black famous person they want one black this and one black. No more secure the souls go no use to. Chris shes good but the my its always at the back a was. The rule. Moment of the late like nothing to me its an immediate. Loss which is lord knows it was you who deliberately limited to which you were given gift when you had your bridges in their lives and even up mr corsica why the sky will should be so wide with so wonderful doors if you more we knew we had to do so. As you were she didnt. Look started to go but if only other good wishes those laura were