Why we're seeing mass layoffs in the US but not the UK

Tens of millions of Americans are out of work because of the coronavirus. But it didn't have to be that way -- and it's not too late for the US to change course.
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Few Americans alive today have ever seen unemployment numbers as bad as they are right now. At the end of April 2020, economists estimated that between 13 and 18 percent of US workers were unemployed. It's the highest rate since the Great Depression.
That figure can seem somewhat inevitable; the unfortunate but unavoidable cost of economic lockdown. It’s why, in response, Congress has prioritized shoring up unemployment insurance benefits.
But a handful of European countries have shown that mass unemployment isn’t a given in a situation like this. It’s a policy choice.
In this video, we explain how and why the UK, Denmark, and the Netherlands chose a different path. With the help of economist Heidi Shierholz of the Economic Policy Institute, we explore whether the US can still avoid millions more job losses.
Sources/further reading:
The Nordic Way to Economic Rescue (NYT): www.nytimes.com/2020/03/28/bu...
Keeping Business Alive: The Government as Buyer of Last Resort (Emmanuel Saez and Gabriel Zucman, UC Berkeley): gabriel-zucman.eu/files/corona...
A ‘phase four’ relief and recovery package should provide economic assistance to state and local governments, extended unemployment benefits, and better protections for workers and jobs (Josh Bivens, Celine McNicholas, and Heidi Shierholz, Economic Policy Institute): www.epi.org/blog/a-phase-four...
Why Is America Choosing Mass Unemployment? (NYT): www.nytimes.com/2020/03/26/op...
Coronavirus: Government to pay up to 80% of workers' wages (BBC): www.bbc.com/news/business-519...
Social Security: Unemployment Insurance (VCU Social Welfare History Project): socialwelfare.library.vcu.edu...
The Unemployment Rate Is Probably Around 13 Percent (NYT): www.nytimes.com/2020/04/03/up...
Jobless claims top 30 million as coronavirus continues to devastate economy (NBC News): www.nbcnews.com/business/econ...
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Пікірлер: 5 100

  • @MathieuRouland
    @MathieuRouland4 жыл бұрын

    that art director made sure he wouldn't get laid off

  • @stanislavnikolov7423

    @stanislavnikolov7423

    4 жыл бұрын

    For real tho, amazing work

  • @pappypapaya

    @pappypapaya

    4 жыл бұрын

    that art director's eating a lot of ramen

  • @jayxo4012

    @jayxo4012

    4 жыл бұрын

    Yup is was amazing

  • @harriskhan6787

    @harriskhan6787

    4 жыл бұрын

    Haha, I wanted to type a comment too but you said in much better way. Bravo to both of you

  • @user-tl9ji5pd7t

    @user-tl9ji5pd7t

    4 жыл бұрын

    Who are you talking about?

  • @arthurcarlin8279
    @arthurcarlin82794 жыл бұрын

    No one wants services and support paid by taxes - untill they need them...

  • @brendanpospischil3871

    @brendanpospischil3871

    4 жыл бұрын

    So true.

  • @BandlerChing

    @BandlerChing

    4 жыл бұрын

    Arthur Carlin and most people don’t even understand all the ways in which those supports help. Public schools are socialism in action. Police/fire services - socialism. Don’t like handouts? Well if your house ever catches on fire, hope you’re good with a bucket.

  • @cameronburke8002

    @cameronburke8002

    4 жыл бұрын

    @@Lee5p33dy in Ireland some of our roads are privately built but the government buys it and pays off companies with tolls. Then keeps the tolls after the company has been paid off.

  • @krisvalenti4141

    @krisvalenti4141

    4 жыл бұрын

    'Cause that' s the American way!

  • @SlideGD

    @SlideGD

    4 жыл бұрын

    Arthur Carlin yeah and what about the self employed or the people working on commission? They aren’t making any money right now. Without capitalism there will be no jobs except for government jobs!

  • @AnandTumurtogoo17
    @AnandTumurtogoo174 жыл бұрын

    Why does the richest country in the world have third world country problems?

  • @keselekbakiak

    @keselekbakiak

    4 жыл бұрын

    Because their president want to make america great again

  • @upsill

    @upsill

    4 жыл бұрын

    Ask Clinton, Bush and Obama.

  • @nicholasfield6127

    @nicholasfield6127

    4 жыл бұрын

    Because the wealthiest people in out country do whatever they can to gain more of that wealth and use the lower class people to attain it. There is no help your fellow man with the wealthy. It's every man for themselves.

  • @williamcastaneda8124

    @williamcastaneda8124

    4 жыл бұрын

    That’s not exactly true. I’m from the UK but it’s not fair to say that about the US. Some places in Africa have little to no respirators. Barely any icu beds and would have little to no money in reserve to help their people and then pair that with the fact that’s it’s not uncommon to find 10 people living in one small house :///

  • @gemelwalters2942

    @gemelwalters2942

    4 жыл бұрын

    @@williamcastaneda8124 Africa isn't the supposed richest country in the world so your argument is misplaced. Obviously there are other countries that are struggling but they don't have the wealth that America does. The point is the US shouldn't be having those problems

  • @erzan
    @erzan4 жыл бұрын

    As a European living in the UK, American politics scares me.

  • @multihrab

    @multihrab

    4 жыл бұрын

    Yeah, cause Brexit was completely reasonable.

  • @sovietcosmonaut2595

    @sovietcosmonaut2595

    4 жыл бұрын

    It’s designed that way

  • @razorsun3574

    @razorsun3574

    4 жыл бұрын

    erzan the arrogance of American people shocks me the most

  • @the500mphtortoise

    @the500mphtortoise

    4 жыл бұрын

    @@razorsun3574 Europeans are defo more arrogant. I say that as a european who arrogantly thinks europe is way better than the rest of the world.

  • @marilyncurtainphillips1405

    @marilyncurtainphillips1405

    4 жыл бұрын

    As American, it scares me also.

  • @TheGiddyUps
    @TheGiddyUps4 жыл бұрын

    I think the title should be "Why we are seeing mass layoffs in the us but not in any other developed country"

  • @handich8580

    @handich8580

    4 жыл бұрын

    I don't know if the "other" is necessary.

  • @Bilbonuggins

    @Bilbonuggins

    4 жыл бұрын

    America 🙌 3rd world with a Gucci belt

  • @TheGiddyUps

    @TheGiddyUps

    4 жыл бұрын

    @SoapMonkey76 I hate trump wholehartedly, but the us has had so many chances to fair better so calling him the problem is not painting the right picture. He is a symptom. The Us had good sytems or at least startingpoints to put up universal healthcare or limit capital gains on wallstreet or protecting workers, but they always choose to not go down that path

  • @nurainiarsad7395

    @nurainiarsad7395

    4 жыл бұрын

    @@handich8580 TBH I kinda don't think 'developed' is entirely necessary either.

  • @Euphoryaaa

    @Euphoryaaa

    4 жыл бұрын

    Scott Best analogy 😂

  • @harryrussell9662
    @harryrussell96624 жыл бұрын

    Just to be clear we currently have a conservative government in the UK. This should help show how nuts america politics is.

  • @sharonboyce4205

    @sharonboyce4205

    4 жыл бұрын

    Yeah. This is the same government that has consistently taken funding and protections away from the most vulnerable in our society since David Cameron was elected in 2010. I don't understand the USA.

  • @cosmedelustrac5842

    @cosmedelustrac5842

    4 жыл бұрын

    In my opinion the american left is the equivalent of the europen right and the american right is the equivalent of the european far right (I am French).

  • @brendanpospischil3871

    @brendanpospischil3871

    4 жыл бұрын

    Same in Aus. They agreed on a bipartisan cabinet to get the states to co-operate with each other and get bills out.

  • @dougle03

    @dougle03

    4 жыл бұрын

    @@brendanpospischil3871 Not needed in the UK since we have an overwhelming majority government now.

  • @HebrewsElevenTwentyFive

    @HebrewsElevenTwentyFive

    4 жыл бұрын

    @@cosmedelustrac5842 Change the word European to French because your statement doesn't fit with most European countries, especially not Great Britain.

  • @St3v3z
    @St3v3z4 жыл бұрын

    "Greatest country on earth" - they say while proving otherwise at every single opportunity.

  • @arunadegroot8974

    @arunadegroot8974

    4 жыл бұрын

    @dregz mcgee Someone once told me that Americans think this way simply because they don't learn about the outside world. America sounds like North-Korea but then 'democratic' and more or less voluntarily.

  • @nhearn86

    @nhearn86

    4 жыл бұрын

    Migration stats would indicate people see it as the greatest opportunity and best country. You don’t see many Americans moving to the Middle East, Mexico or Africa

  • @Game0verFool

    @Game0verFool

    4 жыл бұрын

    @@nhearn86 poverty stats would indicate the opposite. What people expect and what the realities are when they arrive are completely different. They would be better off going elsewhere.

  • @miyako1909

    @miyako1909

    4 жыл бұрын

    @@nhearn86 It is because of the American dream myth. People in other countries thought that America is the greatest country and they can get rich quick here. It would be true if people came to the US 40 years ago. At that time, the economy was still great and there were a lot of jobs available. People came here during that time got successful and spread the story to the people back home. However, things have been a lot worse now. As an immigrant, I came here 10 years ago and have been wanting to go back to my home country. I didn't have a choice in moving to the US because I was a child that was depended on my parents. My friends back in my home country are all successful while I am struggling to get a job in my field of study. There are hundreds of applicants for just 1 position.

  • @Tristan12

    @Tristan12

    4 жыл бұрын

    Thats probably because Merica! sounds a lot better than Urope!

  • @jimpachi98
    @jimpachi984 жыл бұрын

    Don’t worry guys, we’ll just spend billions on defense spending again, that’ll definitely help. Best country ever.

  • @Sherman62

    @Sherman62

    4 жыл бұрын

    Well, for perspective, we just spent TRILLIONS on COVID welfare programs with no end in sight and plenty of people working to keep the "crisis" going.

  • @alonetimewithjoey

    @alonetimewithjoey

    4 жыл бұрын

    Wow, please don’t ever say this in public, it shows your naïveté.

  • @alonetimewithjoey

    @alonetimewithjoey

    4 жыл бұрын

    By the way, it’s 16%, and 66% on welfare. Basically 16% of our budget protects 66% freedom to be lazy and uneducated

  • @crash6442

    @crash6442

    4 жыл бұрын

    @@mortaldao8044 (For the black community) The lack of fathers causes a disdain for authority this resulting in the results we see. Once the welfare state encouraged separations from the family unit, thats where the problem began

  • @numa2k147

    @numa2k147

    4 жыл бұрын

    @@crash6442 🤦🏾‍♂️🤦🏾‍♂️

  • @SHALOMIEDAHOMMIE
    @SHALOMIEDAHOMMIE4 жыл бұрын

    As Brad Pitt said: America is not a country, it's just a business.

  • @mikulmistry9432

    @mikulmistry9432

    4 жыл бұрын

    And America is the country of lots of greedy people.

  • @naufrage0

    @naufrage0

    4 жыл бұрын

    Not just him our constitution says it too

  • @dnldnk2

    @dnldnk2

    4 жыл бұрын

    y'all think they lose money bombing and shooting countries? lol

  • @jedrobertson3206

    @jedrobertson3206

    4 жыл бұрын

    Most businesses I have experience with have better plans for this pandemic than America.

  • @justSTUMBLEDupon

    @justSTUMBLEDupon

    4 жыл бұрын

    Mikul Mistry greed is everywhere. America didn’t invent it and it will still exist if it ever disappears.

  • @mo17
    @mo174 жыл бұрын

    Why do I feel like Americans are just failing everything at every step of the way? I feel like we can’t get the most simplest of things right while other countries get things done.

  • @Imbatmn57

    @Imbatmn57

    4 жыл бұрын

    We should be learning from other countries the us is much younger than most nations

  • @crunchyfrog555

    @crunchyfrog555

    4 жыл бұрын

    It's not that they can't get the simplest of things right, it's quite deliberate. The money goes to the rich in tax breaks and handouts. You don't matter. Maybe this will wake a few od the dead heads up.

  • @missammonoid

    @missammonoid

    4 жыл бұрын

    Bc we live in a dilapidated hollowed-out shell of a empire

  • @peacefuldaizy5717

    @peacefuldaizy5717

    4 жыл бұрын

    We are close to a societal collapse so this is why we are completely dysfunctional.

  • @angelgjr1999

    @angelgjr1999

    4 жыл бұрын

    Republicans

  • @sophief.7475
    @sophief.74754 жыл бұрын

    not just the UK has this system, most of europe does.

  • @hunterxg

    @hunterxg

    4 жыл бұрын

    And also Canada

  • @idno8955

    @idno8955

    4 жыл бұрын

    Cause naming every country takes longer than naming 3 examples?

  • @TheCrazymonkey501

    @TheCrazymonkey501

    4 жыл бұрын

    the US only knows 3 countries US UK and china ;)

  • @adamgriffin8197

    @adamgriffin8197

    4 жыл бұрын

    I think it’s just because the uk is culturally similar to the USA compared to somewhere like Germany or japan. And as proud as I am to be British constantly using the uk as an ideal example of how a country should work is quite annoying. Because yes we have Great things like the NHS but so do most other 1st work countries and they are often better than us brits.

  • @jorisderijck1779

    @jorisderijck1779

    4 жыл бұрын

    @@idno8955 maybe, but the way they say it, it looks like only UK does this, while they could just have said "many countries in europe do this, UK for example......" this would at least be more true to the facts, and have made it clear UK isn't a strange duck with this unemployment benefit payouts. heck they could have put a nice world map visible for a second with any country having such a system (but maybe not, cause maps always have some errors and those probably will be criticized as well)

  • @ketten51
    @ketten514 жыл бұрын

    “What if it didn’t have to be this way?” Ohhh you mean like literally every other first world country in the world, right...

  • @flamezamster

    @flamezamster

    4 жыл бұрын

    This pandemic has proven that the US is a 3rd world country masquerading as a 1st world country.

  • @sharingon47447

    @sharingon47447

    4 жыл бұрын

    You mean what if we didn't have politicians that had to agree with each other on what to do instead of a supreme ruler who just said do this?

  • @leviathoncannon

    @leviathoncannon

    4 жыл бұрын

    Stop thinking that the US government is a single entity. It's made up of a lot of people, and different states are experiencing this pandemic differently.

  • @leviathoncannon

    @leviathoncannon

    4 жыл бұрын

    A lot of the individual states are pretty much on their own.

  • @ketten51

    @ketten51

    4 жыл бұрын

    LeviathonCannon Think as Europe as the United States of Europe. Every country in the european union is not only an independent state but an independent country. They all had different approaches to this pandemic and none are going through what the US is going through. Wether americans want to admit it or not, the political system that the founding fathers created is outdated and needs to be reworked.

  • @bringbackbomber7io110
    @bringbackbomber7io1104 жыл бұрын

    The worst part is that the unemployment seems to be just starting...

  • @leredsock

    @leredsock

    4 жыл бұрын

    Yep, we are all expecting the second wave.

  • @oskarwinters1873

    @oskarwinters1873

    4 жыл бұрын

    oh yeh, it's going to grow as fast as the virus, doubling each time, seeming small at the start then OMG how did that happen ? maths...

  • @cityuser

    @cityuser

    4 жыл бұрын

    @@oskarwinters1873 "cOrOnA KiLlS lEsS tHaN tHe fLu, it's nothing to worry about" -people, a few months ago >corona deaths increase expontentially "how did this happen??"

  • @terpenator93

    @terpenator93

    4 жыл бұрын

    Doubt it, I’m already back to work!

  • @flashstar1234

    @flashstar1234

    4 жыл бұрын

    And yet Americans protest.

  • @KeepWalkingNeverStop
    @KeepWalkingNeverStop4 жыл бұрын

    I live in the Netherlands and was laid off because of the Covid crisis. All my employer had to do was give me a termination letter stating they were unable to continue with my employment because of the hard hit the hospitality industry had taken. All I had to do then was to upload that letter along with my contract to the Unemployment Bureau’s Website. They called me a week later and informed me of their decision to give me benefits starting in May. The money I’m getting is not a lot and I had to borrow from friends to make ends meet until the benefits kicked in but I’m at least able to pay my rent, bills, health insurance and food while job hunting. This is what happens with our taxes here. We get them back in multiple types of social and unemployment benefits, pension plans, top notch infrastructure, inexpensive healthcare, and affordable education. Why is that so hard to replicate in the US? People’s resistance to a welfare state over the pond is mind boggling!

  • @kyb3709

    @kyb3709

    4 жыл бұрын

    Thank you for saying this

  • @rean2276

    @rean2276

    4 жыл бұрын

    Bless everyone in the Netherlands and you, we need more people who aren’t selfish and think for themselves. Still excited to move out of this corrupt country in a couple of years. ❤️

  • @sunmarsh

    @sunmarsh

    4 жыл бұрын

    I need a second income just to pay for health insurance lol. It’s absolutely pointless to have it if you don’t work for a big company or if you are young and healthy. The best insurance I can get right now has monthly premiums in the hundreds of dollars with a deductible to match. Why would I pay thousands of dollars a year for a service I don’t get to benefit from at all?? I just have to pray that I stay healthy or else I will end up in the emergency room with n $80,000 price tag to match my student loans. fml

  • @MusicLover-ti6zo

    @MusicLover-ti6zo

    4 жыл бұрын

    I think people are starting to question this illogical philosophy. The US high taxes for the middle class and even higher taxes for the poor.

  • @jagajeetkuppala8011

    @jagajeetkuppala8011

    4 жыл бұрын

    @@sunmarsh that's what happens in a Greedy Capitalistic Society... And it's not sustainable... But in a socialistic society, evryone contributes the holistic welfare... And that's sustainable... Also, it makes people more selfless

  • @kambula51
    @kambula514 жыл бұрын

    Same situation here in Australia. Government has put the economy into “hibernation” and covering employees wages totalling $1500 every 2 weeks for 6 months. Sure it has its faults but it has saved thousands of jobs, including my Mums!

  • @swellcornmeal8789

    @swellcornmeal8789

    4 жыл бұрын

    We got 1200 dollars + 600 per kid, ONCE, as if that will cover the cost of living for however long this lasts. No wonder our unemployment and covid rates are so high! Two birds with one stone!

  • @shaunmattice6413

    @shaunmattice6413

    4 жыл бұрын

    In Canada it's the same; our government offered to pay business for 75 percent of each employees pay.

  • @thecrippledpancake9455

    @thecrippledpancake9455

    3 жыл бұрын

    Will you guys stop bragging about how much better your government is reacting to this?

  • @rf2032
    @rf20324 жыл бұрын

    American Public: We don't trust "big government" with all its bureaucratic inefficiency to hand out assistance to small businesses directly! Wall Street Banks: OK, let us who have been conscientious capitalists and totally did not cause a previous economic crisis through greed handle this part! American Public:

  • @kylepugh6607

    @kylepugh6607

    4 жыл бұрын

    ^^^

  • @timothymccarthy2751

    @timothymccarthy2751

    4 жыл бұрын

    That's America for ya

  • @rodshop5897

    @rodshop5897

    4 жыл бұрын

    Thanks for providing a laugh! :-D

  • @jonathans1759

    @jonathans1759

    4 жыл бұрын

    I would be laughing but for the tears.

  • @philipmcniel4908

    @philipmcniel4908

    3 жыл бұрын

    To be fair, it wasn't so much that the American public didn't trust Big Government to hand out the assistance *directly*, but rather that the American public--or at least a large portion of it--does not trust Big Government to handle such things well *at all*. Our lack of faith was only further justified by our current situation.

  • @Sillos09
    @Sillos094 жыл бұрын

    It's funny how they talk about this as if this was some weird great idea that the UK had. Meanwhile pretty much every developed country does some form of this. Except for the big one of course...

  • @pranjal86able

    @pranjal86able

    4 жыл бұрын

    exactly

  • @happyundertaker6255

    @happyundertaker6255

    4 жыл бұрын

    No. EVERY developed country has a form of this.

  • @zestoh_coffee_892

    @zestoh_coffee_892

    4 жыл бұрын

    @@happyundertaker6255 Except America

  • @spazda_mx5

    @spazda_mx5

    4 жыл бұрын

    I think it's just a good example to use for the purposes of this video, as the UK is somewhat culturally closer to the US than many other countries that have implemented something similar.

  • @fontle2653

    @fontle2653

    4 жыл бұрын

    The UK is easier to understand and is less foreign to Americans, so focusing on the UK allows vox to convey the information easier. I'm not disagreeing that other countries have it but I see why vox presented the video this way

  • @PotatoSalad11
    @PotatoSalad114 жыл бұрын

    I work in the senior management for a UK-headquartered company of around 150 people, with a small office of 15 people in the US. The scheme mentioned in this video ("furlough" as it's known) has been an absolute savior for us. Our business revenue has dropped by around 25% since the start of COVID, and we've been able to, without any difficulty whatsoever, furlough around 20% of the UK staff. The government is paying them 80% of their usual salary and we're actually topping this up to 100% so nobody is any worse off. For us, it means we're able to retain employees that we've put a lot of work into training and integrating with the business. If, at any point, business picks up again, we can immediately recall these workers and remove them from the furlough scheme. It will save us money in the long term since we don't need to put investment into recruiting and training of future staff, and ultimately leaves everyone much better off in the short-term. For our US office, on the other hand, we haven't YET had to lay anybody off, but it's inevitable that we will need to pretty soon if things don't pick up, since there really just isn't an alternative. MAYBE we'll be lucky enough to re-hire some of those people when things pick up, but there is no guarantee. In the UK, it feels like we're setup perfectly for a bounce-back as soon as our industry does. In the US, it feels like it could take much longer to recover.

  • @alanb9443

    @alanb9443

    4 жыл бұрын

    I’ve been furloughed and I mean it’s decent. I work for a school but am not needed because I’m not a teacher. I’ve got like two months pay for doing no work. Whilst I’m bored by now and frankly want to go back to work because I know getting paid for doing nothing isn’t healthy for anyone long term. It’s a good scheme from what I can tell. Also the fact the gov are Quantitive easing the money instead of borrowing doesn’t mean we’re going to be in more dept. We might have abit of inflation later on but we should be able to handle it. As far as I can tell no one really loses.

  • @cereal9986

    @cereal9986

    4 жыл бұрын

    @@alanb9443 true but as long as people stay home we will get out sooner

  • @CodeKujo

    @CodeKujo

    4 жыл бұрын

    Interesting perspective, not just helping people in the short term but entire industries in the long term

  • @BKRagequitz
    @BKRagequitz4 жыл бұрын

    The stubbornness of powerful people in the US will always be our downfall

  • @teamene9034
    @teamene90344 жыл бұрын

    Do americans realise their patriotism is the easiest way to keep the population from looking outside their sad little homes and see how other countries do things better than them?

  • @wobbler6372

    @wobbler6372

    4 жыл бұрын

    Problem with news reports is people believe them . The UK is set for mass unemployment it's starting already . A failed scheme that cost the taxpayer billions

  • @iambatman89

    @iambatman89

    4 жыл бұрын

    No.

  • @harley8680

    @harley8680

    4 жыл бұрын

    tea mene ...another jealous person heard from...

  • @Rockinintomordor

    @Rockinintomordor

    4 жыл бұрын

    Happy July 4th!

  • @deasys

    @deasys

    3 жыл бұрын

    impossible! a massive echo chamber that emphasizes two parties on the same side of economic beliefs? never! not in my country that peaked 70 years ago!

  • @writz2
    @writz24 жыл бұрын

    "What if millions of people didn't have to lose their jobs? What if it didn't have to be this way?" Literally the story of America. Acting like a third world country dispite it having the highest gdp in the world.

  • @WaitingForRevolution

    @WaitingForRevolution

    4 жыл бұрын

    Yeah, third world country in a Gucci belt 😂

  • @dexio85

    @dexio85

    4 жыл бұрын

    Because GDP is not the only measure to tell how good a particular country is to live at... Most of US GDP is not working to improve lives of the people living there and that's the problem.

  • @thatsaltybrit2603

    @thatsaltybrit2603

    4 жыл бұрын

    Michael Dewing from a Turkish Bazaar😂

  • @alalalus7692

    @alalalus7692

    4 жыл бұрын

    @@dexio85 yes GDP alone does not show how well the country does, but GDP could tell how well the county can go. Allocation of the resources determines the course of the state and depends on the government and economy. OP's point was that the way USA allocates its resources is the problem, despite having the opportunity (GDP) to make difference. Edit: and as you already said, US GDP is not working to improve lives.

  • @BroAnarchy

    @BroAnarchy

    4 жыл бұрын

    This is very true, and very sad

  • @lemonhscott7667
    @lemonhscott76674 жыл бұрын

    God I wish America would just start copying other people’s homework

  • @user-hh2lo9fs5e

    @user-hh2lo9fs5e

    4 жыл бұрын

    America is the kid who thinks their a genius and doesn't need to study but them bombs the test

  • @Matt-jq7zw

    @Matt-jq7zw

    4 жыл бұрын

    @@user-hh2lo9fs5e As an American, I've met too many people that are like this

  • @chinyun0202

    @chinyun0202

    4 жыл бұрын

    The thing is...those small businesses that close will reduce the supply of whatever they were providing, demand will be back once lock-down is lifted. New business will open back up, there bound to be new opportunities for those willing.

  • @louisg7147

    @louisg7147

    4 жыл бұрын

    why? it is good that we have a country that tries another system and still manages to be successful in it, they can learn from us but we can also definitely learn from them.

  • @MartinWasTaken

    @MartinWasTaken

    4 жыл бұрын

    The difference here is that UK is the size of one of USA's states, doing something in UK doesn't mean it will have the same affect in the US. More people makes things more complicated.

  • @TVStreamingNews
    @TVStreamingNews4 жыл бұрын

    If one were to start a brand new country from scratch, you wouldn't copy the American model. Just saying.

  • @HannahTuttle

    @HannahTuttle

    4 жыл бұрын

    TV Streaming News you don’t know my life! Maybe I will! Although in all seriousness it’s because we hold on to our values even when they aren’t applicable anymore.

  • @mitchell7194

    @mitchell7194

    4 жыл бұрын

    @pod pod do you really think European countries have a communism structure and have no freedom?

  • @royce9018

    @royce9018

    3 жыл бұрын

    Not the brightest crayon are you?

  • @philipmcniel4908

    @philipmcniel4908

    3 жыл бұрын

    The American model is literally responsible for the revolutionary-at-the-time idea that it's OK to go to a different church than the king. All the other countries that allow religious pluralism are copying our homework (and kind of the Netherlands' as well, but the Netherlands and the USA were kind of an extension of the same movement, as the Pilgrims spent some time in Leiden before sailing to Plymouth Rock, and New York was originally a Dutch colony).

  • @Kanbei11

    @Kanbei11

    3 жыл бұрын

    You might not have a choice if you're in the Americas.

  • @Kyle_lofc
    @Kyle_lofc4 жыл бұрын

    This is like the first time I’ve seen us (Uk) being used as a model country for something XD

  • @moos5221

    @moos5221

    4 жыл бұрын

    Yeah, it's probably also the last time. ¯\_(ツ)_/¯

  • @S75JT

    @S75JT

    4 жыл бұрын

    NHS is a wonder...nowhere in the world there is such welfare fod people

  • @uteriel282

    @uteriel282

    4 жыл бұрын

    dont get used to it kyle

  • @Anankin12

    @Anankin12

    4 жыл бұрын

    Well you are not a model country; you are just an example of a conservative led, big enough country to matter that has done something instead of nothing.

  • @Kyle_lofc

    @Kyle_lofc

    4 жыл бұрын

    sbennett8104 oh come on not even a tea joke. How disappointing XD

  • @theonlymexicanman4422
    @theonlymexicanman44224 жыл бұрын

    The UK is also not the best European country with social security, and they’re still doing ok

  • @byronperry8931

    @byronperry8931

    4 жыл бұрын

    It's one of the best after the nordic countries

  • @redtpc8194

    @redtpc8194

    4 жыл бұрын

    Byron Perry No its very average

  • @jwrfd

    @jwrfd

    4 жыл бұрын

    I mean they are paying 80% of people's wages to keep them employed by companies

  • @DeathTT87

    @DeathTT87

    4 жыл бұрын

    @@jwrfd Most of European countries are doing this too

  • @hipsterbelt4292

    @hipsterbelt4292

    4 жыл бұрын

    Byron Perry lol no but the system due to corona has improved a lot and government workers are unsung hero’s who have gone 110% to help my family when my father (the main bread winner) died of corona. Ehh system amazing people.

  • @lenardregencia
    @lenardregencia4 жыл бұрын

    "It's a recession when your neighbor loses his job; it's a depression when you lose yours." - Harry S. Truman

  • @8is

    @8is

    4 жыл бұрын

    So no depression or recession yet? Oh wait, I live in Sweden, forgot xD!

  • @sultankamysbayev1937

    @sultankamysbayev1937

    4 жыл бұрын

    I thought it was a quote by Reagan used in a debate against Jimmy Carter that had this continuation: "Recession is when your neighbor loses his job. Depression is when you lose yours. And recovery is when Jimmy Carter loses his."

  • @8is

    @8is

    4 жыл бұрын

    @@sultankamysbayev1937 Like him or not, Reagan had the style and humor.

  • @kemchobhenchod

    @kemchobhenchod

    4 жыл бұрын

    Probably the most overcommented line on all of youtube right now. Jesus guys be original.

  • @hallewilliams3987

    @hallewilliams3987

    4 жыл бұрын

    Been feeln the big dep):

  • @JRCody-ds3ec
    @JRCody-ds3ec3 жыл бұрын

    The USA: does everything wrong Also the USA: "we are the best"

  • @jonanice
    @jonanice4 жыл бұрын

    n people wonder why with my dual citizenship I chose to live in the UK over the US - case in point.

  • @Caocao8888

    @Caocao8888

    4 жыл бұрын

    Jonanice - You must love living in de tiny, expensive flats, or are you in a UK council estate? And you must love de UK weather. And dat healthy UK food. Or are you one of the UK’s posh elite, driving de Ranger Rover to your country estate?

  • @nhearn86

    @nhearn86

    4 жыл бұрын

    I have dual. I do the exact opposite. USA gives the best opportunity for my family, low taxes, high wages. Health insurance at work is cheaper than my NHS contribution, far better service. Never going back.

  • @SpeccyHorace

    @SpeccyHorace

    4 жыл бұрын

    @@Caocao8888 What's all dis and dat?

  • @TheKrstff
    @TheKrstff4 жыл бұрын

    America, once again always choosing the worst way to do anything.

  • @hubertcumberdale2651

    @hubertcumberdale2651

    4 жыл бұрын

    when did your country land on the moon? You've clearly done everything right after all.

  • @akashlevyismyhero

    @akashlevyismyhero

    3 жыл бұрын

    Except they didn’t because this video is completely reductionist and pointless

  • @jamiewindsor
    @jamiewindsor4 жыл бұрын

    I didn’t know America wasn’t doing this too. No wonder we keep seeing all these Americans talking about how they got laid off.

  • @sdasda4654

    @sdasda4654

    4 жыл бұрын

    Lol our gov is printing money

  • @sdasda4654

    @sdasda4654

    4 жыл бұрын

    Well technically the fed

  • @JK-gu3tl

    @JK-gu3tl

    4 жыл бұрын

    At the end of the day, same thing.

  • @orangemoonglows2692

    @orangemoonglows2692

    4 жыл бұрын

    lol

  • @revinaque1342

    @revinaque1342

    4 жыл бұрын

    Same here. I'm from a developing country, and there's no mass unemployment. Once things get back to some sort of normal, we still have our jobs. And in the meantime, the government has been handing out basic goods to each household, and sending financial aid to employees who are unable to work from home. There have also been additional financial dole-outs for single parents and households below the poverty line. I don't understand why so many people are getting laid off in America. Why can't companies just put everyone on freeze (no work no pay) for the duration of the lockdown? Is it any different from laying them off? At least then, everyone will have jobs to return to as things slowly go back to normal

  • @leiloan7677
    @leiloan76773 жыл бұрын

    Europe : *slowly but surely improves with time* US : *yeets logic and have third world problems*

  • @alenzhang4854
    @alenzhang48544 жыл бұрын

    Want to hear a joke? America, the land of the free

  • @majermike

    @majermike

    4 жыл бұрын

    lol we are tools

  • @coby00

    @coby00

    4 жыл бұрын

    tHaTS A gOoD oNE...

  • @kouavang3269

    @kouavang3269

    4 жыл бұрын

    Used to be free before trump became president. His powers were not kept in check like how it should be

  • @majermike

    @majermike

    4 жыл бұрын

    @@kouavang3269 we were garbage before Trump, and watch, we will still be garbage after trump

  • @MegaChickenfish

    @MegaChickenfish

    4 жыл бұрын

    The land of Life (without healthcare), liberty (with for-profit prisons) and the pursuit of happiness (against all odds, apparently.)

  • @callxmx9213
    @callxmx92134 жыл бұрын

    I’m from the UK, I used to have a job at a factory packing pastry. I had a letter telling me that I was going to be temporarily unemployed because of COVID but they’d re-hire me when it blows over. I know many people who are in similar positions

  • @disaidra

    @disaidra

    4 жыл бұрын

    Was that before or after the furlough scheme was introduced? If you were layed of before then the company should still be able to rehire and furlough you now without treating you as a new hire. Depending on your contract it is likely better for the company to do this (e.g. they don't have to pay redundancy pay). I know there's probably not much you can do about it on your own, but if companies are firing people they intend to rehire then they're missing the point, and it may still be worth getting in touch with them or your union if you're in one.

  • @raz1683

    @raz1683

    4 жыл бұрын

    Do you still get that 80% wages tho?

  • @EarlZMoade

    @EarlZMoade

    4 жыл бұрын

    You still get 80% of your pay though since companies can furlough you. This isn't comparable to the US.

  • @dougle03

    @dougle03

    4 жыл бұрын

    @@raz1683 Not if let go, only if your company furloughs you. I can't think of a single reason why a UK company would not use the scheme to furlough it's staff.... they can still let people go once this is all over if their business cannot re-employ them...

  • @eli7224

    @eli7224

    4 жыл бұрын

    i'm in australia and faced the same situation. employers just seem to find redundancy an easier, one of situation to deal with than have to face the long standing economic effects of COVID

  • @jozroz2165
    @jozroz21654 жыл бұрын

    Forgot to mention the reason the small business fund disappeared so fast: there was no system set in place to ensure it was only handed out to smaller business owners, so mega corporations jumped the queues through their relationships with the banks and swipwed it all up before smaller businesses could even get the paperwork in order.

  • @Alex-it8qo

    @Alex-it8qo

    4 жыл бұрын

    I am pretty sure that is false, there was a limit on loan size and employee size to make sure that didn't happen.

  • @TheNerdsFromHell

    @TheNerdsFromHell

    4 жыл бұрын

    @@Alex-it8qo "500 employees per location." It did happen

  • @MrThfknsamurai

    @MrThfknsamurai

    4 жыл бұрын

    McDonald's got part of that small business loan

  • @kaitlyn__L

    @kaitlyn__L

    4 жыл бұрын

    @@TheNerdsFromHell have lots of medium sized locations, slurp up all the money

  • @HeyItsJonny

    @HeyItsJonny

    4 жыл бұрын

    @@Alex-it8qo Louis Rossman made a very good speculative video on he topic based on Information he received from his money people.

  • @abdulrahmanalarfaj2899
    @abdulrahmanalarfaj28994 жыл бұрын

    Like for the NHS 👍🏻❤️

  • @latoriamartins4643
    @latoriamartins46434 жыл бұрын

    I just got laid off at work cos of the pandemic... Doesn't hit as hard because I always invested in passive incomes over the years. This is an advice to everyone out there; Do not rely solely on one stream of income. Thanks for this video because I am living testimony.

  • @jakethompson8737

    @jakethompson8737

    4 жыл бұрын

    That is the best initiative . You must have seen the future already. But how did you go about this?

  • @kevinjohnstone4023

    @kevinjohnstone4023

    4 жыл бұрын

    I really want to invest aggressively now because I can no longer reply on just one means of income.

  • @thepotter867

    @thepotter867

    4 жыл бұрын

    I will like to have passive investment but I really need some directions.

  • @latoriamartins4643

    @latoriamartins4643

    4 жыл бұрын

    PATRICE ANN ISABELLA made it happened. She is accredited and available on the web.

  • @bren106
    @bren1064 жыл бұрын

    The first role of a government is to protect the people.

  • @da_revo5747

    @da_revo5747

    4 жыл бұрын

    But before that you need to maintain sovereignty. So this can't be first 🐿️

  • @khakimzhanmiras

    @khakimzhanmiras

    4 жыл бұрын

    The first role of any government is to protect the interests of the decision makers

  • @darryllcampbell3342

    @darryllcampbell3342

    4 жыл бұрын

    People trust their governments far too much. We are ants down here.

  • @TomSistermans

    @TomSistermans

    4 жыл бұрын

    The first role of Trumps government unfortunately is to protect multinationals

  • @Steve-si5nq

    @Steve-si5nq

    4 жыл бұрын

    @@da_revo5747 I would say that maintaining sovereignity is in service of trying to protect the people though. So no, the first role is still to protect people.

  • @leodahvee
    @leodahvee4 жыл бұрын

    "Watching the US now is like witnessing the fall of the Roman Empire but with WiFi" - Some Twitter User

  • @adampedersen5384

    @adampedersen5384

    4 жыл бұрын

    im the 420th like

  • @Avengerie

    @Avengerie

    4 жыл бұрын

    @@adampedersen5384 Blaze it

  • @vandibox

    @vandibox

    4 жыл бұрын

    Thats too pretentious, even for twitter

  • @____mango273____

    @____mango273____

    4 жыл бұрын

    I’m the 800th like

  • @TJiscool1

    @TJiscool1

    4 жыл бұрын

    Eliza Grogan This was a perfect statement and assessment of the situation until you ruined it by saying you have faith in our leaders. They are all working together to herd us towards the abyss. Macron, Johnson and the German Chancellor and the rest are all dismantling our rights and our abilities to work and earn a decent pay. It's wicked what they're doing, Very, very, wicked.

  • @rashida8576
    @rashida85764 жыл бұрын

    America gives me a headache. Sometimes I fantasize about leaving.

  • @ashleyprentis

    @ashleyprentis

    4 жыл бұрын

    Me too ^ and money....

  • @rashida8576

    @rashida8576

    4 жыл бұрын

    Aishik Ashraf family. I’ll miss my mom and sister too much.

  • @inexternalrecords

    @inexternalrecords

    4 жыл бұрын

    Bye

  • @harley8680

    @harley8680

    4 жыл бұрын

    I think you should...there is the door...

  • @HereSomewhereNear

    @HereSomewhereNear

    4 жыл бұрын

    I do too and we've been here since the potato famine (that's for everyone reading your name and saying get out). My 16 year old daughter watching the news with a frown: "We're the spoiled brat of the world."

  • @yougotkained
    @yougotkained4 жыл бұрын

    I live in the UK and I'm so thankful and grateful about what is going on here. I'm getting my full wages and I'm not working at all, all because the government are paying 80% of my wages to my company and they're paying only 20%. This only happens if they don't lay me and my coworkers off. That keeps us all safe and keeps our wages going.

  • @simstander5471
    @simstander54714 жыл бұрын

    I leave in a “third world country”. I gotta ask, how is America a “first world country”? You have the money but you don’t take care if you people.

  • @tmsupreme7763

    @tmsupreme7763

    4 жыл бұрын

    It's called kapatalism

  • @alecoloxa

    @alecoloxa

    4 жыл бұрын

    Because they don't care about people, just money. Even Disney doesn't pay enough to survive. Disney employees live on their cars

  • @grischu8277

    @grischu8277

    4 жыл бұрын

    Big money has VERY BIG influence in american politics. It is mind boggling to me.

  • @FadingPixel

    @FadingPixel

    4 жыл бұрын

    Don‘t worry they will drop out of that pretty soon.

  • @Randafari

    @Randafari

    4 жыл бұрын

    The US is a hamburger republic 🍔🇺🇸

  • @AmazingDuckmeister
    @AmazingDuckmeister4 жыл бұрын

    The USA: the only country where healthcare services actually lose more money in a pandemic

  • @bradchin7746

    @bradchin7746

    4 жыл бұрын

    yep. i don't understand why doctors are getting a paycut during this time. hospitals make billions.

  • @JK-gu3tl

    @JK-gu3tl

    4 жыл бұрын

    Some hospitals have been closing, though even before the pandemic.

  • @nerdygrl647

    @nerdygrl647

    4 жыл бұрын

    @@bradchin7746 That's because in many hospitals for the past two months, all elective surgeries and appointments were cancelled in order to open up as many beds as possible. Elective cases is what makes the hospital money. Very sick people, like COVID patients on ventilators, actually cost the hospital money. So right now, hospitals all over have been hemorrhaging money, which is why you hear stories about doctors and nurses being furloughed. If electives are cancelled, some docs simply can't do their job. The hospital I work at is a ghost town. Thankfully, a huge majority of those hospitals in the U.S did not need to use all their beds. Now, hospitals in some parts of the country are slowly opening up to elective cases, which should help a little. However, the damage has been done and for some health systems, their finances won't be back to pre March 2020 levels for at least five years.

  • @tv92taylor

    @tv92taylor

    4 жыл бұрын

    B c they also spend billions. They don’t have piles of money sitting around.

  • @Rymdkakor
    @Rymdkakor4 жыл бұрын

    Meanwhile in Sweden: Most people that I know who are furloughed from their jobs get 92.5% of their regular salary.

  • @geegeezlouis86

    @geegeezlouis86

    4 жыл бұрын

    Do you have people in Sweden bemoaning all the taxes that enable that kind of relief system or does everyone understand how good you guys have it?

  • @LoggyWD

    @LoggyWD

    4 жыл бұрын

    @@geegeezlouis86 no because Swedes go to the US if they want to be successful. The ordinary people don't have anything to complain about.

  • @Bobo-jy5mg

    @Bobo-jy5mg

    4 жыл бұрын

    Rymdkakor that has to be hurting businesses though... how can they be expected to constantly pay that without revenue or services performed by the employee? It just either delays you getting laid off or he business going under. And there are at least some benefits to the top not being taxed so much. With an increased opportunity for profit, there’s increase motive for innovation. America is (no debate here) the world's leader in innovation... something other countries get to reap the benefits of. Your probably right now using American technology both in the hardware you have in your hand and platform your viewing this on.

  • @toddlavigne6441

    @toddlavigne6441

    3 жыл бұрын

    @run teldat...... and that's the point...taxes are great if you get VALUE for what you pay. Average Joe in the USA gets nothing much for their taxes

  • @lordsamofcasltes
    @lordsamofcasltes4 жыл бұрын

    I’ve been getting paid 80% of my wages since March and it’s being extended until July in the UK. The government in my opinion is doing an excellent job. All my families jobs are protected and we can return to them happily after lockdown :)

  • @wobbler6372

    @wobbler6372

    4 жыл бұрын

    Tell roll Royce employees that and everything else that follows down the road . Same old I'm all right jack view on things .

  • @bavarois25

    @bavarois25

    4 жыл бұрын

    It's all money from citizens. It has to be payed back through taxes sooner or later.

  • @Campsy12

    @Campsy12

    4 жыл бұрын

    For most companies it’s delaying the inevitable and that there will be some redundancies. Nearly half my team is furloughed and if work doesn’t pick up by the end of the year then I can imagine a few will be made redundant. My partner’s company has some out on furlough and their managers have to put a business case forward for each individual to retain them... so it’s not going to be BAU when this all ends for everyone!

  • @ciscotaku

    @ciscotaku

    4 жыл бұрын

    It has actually been extended till the end of October

  • @virginiaplain100

    @virginiaplain100

    4 жыл бұрын

    @@Campsy12 True. But at least all of you guys in the UK have more of a cushion for when the rug is pulled out from under you, which will happen. We in the US have nothing, never mind most of us pay taxes comparable to what people in the UK pay. We get nothing in return.

  • @miroslavhoudek7085
    @miroslavhoudek70854 жыл бұрын

    "What if it doesn't have to be this way" That should be America's motto.

  • @mraurelianbme

    @mraurelianbme

    4 жыл бұрын

    It already is... just not in a good way.

  • @perrybonney9090

    @perrybonney9090

    4 жыл бұрын

    @Luke Yeah. They are called "Democrats". They preach "Dependency upon the State".

  • @riamayfilm

    @riamayfilm

    4 жыл бұрын

    YES

  • @americohagim1131

    @americohagim1131

    4 жыл бұрын

    that's why Trump is wanting states to open up, it doesn't have to be this way of isolation

  • @sovietcosmonaut2595

    @sovietcosmonaut2595

    4 жыл бұрын

    @Luke the correct saying is “a chain is only as strong as it’s weakest link” and we have a lot of those

  • @webstar118
    @webstar1184 жыл бұрын

    "America is a 3rd world country wearing a designer clothes" ------- Anonymous

  • @fatcat5817

    @fatcat5817

    4 жыл бұрын

    I blame the globalists. 🙃 HR 6666

  • @sandrakimberlin5027

    @sandrakimberlin5027

    4 жыл бұрын

    This shamdemic will lose government created this disaster, three years ago that polio vaccine mamed and killed several people in india, bill gates foundation was sued because of it.

  • @uh-oh5324

    @uh-oh5324

    4 жыл бұрын

    you couldn't be farther from the truth

  • @sparrow8296

    @sparrow8296

    4 жыл бұрын

    @@sandrakimberlin5027 yeah, more like 47,000

  • @lbrtvlldr

    @lbrtvlldr

    4 жыл бұрын

    That's the impression I got when I moved to LA from Europe.

  • @pantsuck11
    @pantsuck114 жыл бұрын

    Those businesses should have spent less on Netflix and Avocado toast!

  • @sovietcosmonaut2595

    @sovietcosmonaut2595

    4 жыл бұрын

    pantsuck11 I’m assuming you’re joking but either way, small businesses wouldn’t be able to survive being unemployed for so long without aid, even if they were able to budget perfectly

  • @Therealromario1

    @Therealromario1

    4 жыл бұрын

    Socialism for the rich Rugged individualism for the poor. Martin Luther King junior:

  • @monzorella1

    @monzorella1

    3 жыл бұрын

    😂😂😂😂😂😂😂

  • @WordUnheard
    @WordUnheard4 жыл бұрын

    Video: *Facts* 1.2K people: *"I don't want to hear facts!"*

  • @LoggyWD

    @LoggyWD

    4 жыл бұрын

    Not even close. The video is just factually inaccurate. "Once the lockdown is lifted, there will be no more jobs." The opposite is true. Throughout history we see prosperity and growth after a crisis.

  • @americohagim1131

    @americohagim1131

    4 жыл бұрын

    those people wanna hear that they are living during the black plague so they can sit at home

  • @josephstalin2829

    @josephstalin2829

    4 жыл бұрын

    E'raan Lue if your economy goes down 10% and then goes up 10% it doesn’t mean you’ll get back to pre crisis levels. Yes there will be growth but not enough to recover and not enough to create the necessary amount of jobs.

  • @bobsteve4812

    @bobsteve4812

    4 жыл бұрын

    E'raan Lue At far lower pay and higher unemployment than before, unless the government gives people the tools necessary to get a well paying job(healthcare, job training, etc)

  • @akidnamedryan4758
    @akidnamedryan47584 жыл бұрын

    Sometimes I feel like America is just one big cartoon show instead of a actual country. The "United" in USA is so ironic right now.

  • @Jimraynor45

    @Jimraynor45

    4 жыл бұрын

    Keep your hands out my wallet.

  • @helloyouthere8133

    @helloyouthere8133

    4 жыл бұрын

    AKIDNAMEDRYAN 4 no country is united maybe canada south korea new zealand

  • @TonyHavenMusic

    @TonyHavenMusic

    4 жыл бұрын

    Same in United Kingdom, small businesses and freelancers are being forgotten

  • @isaacw1752

    @isaacw1752

    4 жыл бұрын

    Hello you there what? quebec has a strong independence movement in canada and south korea by definition is not united because north korea exists

  • @greenman8060

    @greenman8060

    4 жыл бұрын

    The split down party lines is just too wide. If we had someone to close that gap, then maybe we could become united again. But I don't think we'll be seeing that for another couple years.

  • @theawsomeflub
    @theawsomeflub4 жыл бұрын

    Things must be pretty awful in America if they're looking at us in the UK and thinking that we got it right...

  • @jamesbedford7327

    @jamesbedford7327

    4 жыл бұрын

    We may have not got it right, but we got it better

  • @Dan99

    @Dan99

    4 жыл бұрын

    @@jamesbedford7327 Getting it better than the US isn't a particularly high bar

  • @sharonboyce4205

    @sharonboyce4205

    4 жыл бұрын

    The UK, getting it better than the US since 1997! (When they banned guns)

  • @desigamer866

    @desigamer866

    4 жыл бұрын

    The us shouldn't be looking at much of Europe. They're the ones who allowed the pandemic to get worse before it could get better and the US didn't have enough protection in our metro areas to keep the spread in control.

  • @xaph5575

    @xaph5575

    4 жыл бұрын

    Desi Gamer Really? You’re pointing fingers? We’re in a global pandemic and your playing the blame game smh

  • @ANGH3LL1C420
    @ANGH3LL1C4204 жыл бұрын

    America is such a mess, I’ll happily move to another country.

  • @AltruisticWarrior

    @AltruisticWarrior

    4 жыл бұрын

    Same. Just waiting for someone to comment how we should just leave. Gladly but our current system makes it hard to save enough between a medical bill or car repair. 😂

  • @ANGH3LL1C420

    @ANGH3LL1C420

    4 жыл бұрын

    It’s unfortunate, but Canada is right across the border, plus I have family there, how hard can it be?

  • @tomo0086

    @tomo0086

    4 жыл бұрын

    AltruisticWarrior That says a lot about the social cohesion and what sort of society that the USA is that your fellow citizens would tell you to leave for the simple reason that you want to improve your country.

  • @inexternalrecords

    @inexternalrecords

    4 жыл бұрын

    Bye.

  • @devoutmisanthrope5687

    @devoutmisanthrope5687

    4 жыл бұрын

    Yup. As soon as I get the time and money I'm out 👋

  • @undeadpharoah
    @undeadpharoah4 жыл бұрын

    I love how you researched across the pond countries when just to your north, your neighbour Canada is doing exactly this and better.

  • @everentropy

    @everentropy

    4 жыл бұрын

    When this was made Canada didn't have it as bad so it would have been a poor comparison.

  • @saxx9088

    @saxx9088

    4 жыл бұрын

    Sunny Birdi yes but Canada does have a lot of land and not much people, it would be much easier to handle a crisis than the uk or the us

  • @mitchell7194

    @mitchell7194

    4 жыл бұрын

    @@saxx9088 please give arguments for this conclusion

  • @shaunmattice6413

    @shaunmattice6413

    4 жыл бұрын

    @@saxx9088 expect in Canada, the government offered to pay 75 percent of their employees pay.

  • @pher8902
    @pher89024 жыл бұрын

    “What if it didn’t have to be this way” is such an empowering idea for an individual to have. We are so used to the status quo that it can be hard to recognize the injustices against us.

  • @TheWatchfulWolf

    @TheWatchfulWolf

    4 жыл бұрын

    This. I'm so used to youtube comments being filled with stupidity and vitriol, but things like this give me hope. Edit 'cause I wanna say more. It's so easy to bash something for being bad; it's so much harder to create something better. Constructive comments are something I always long for.

  • @Euphoryaaa
    @Euphoryaaa4 жыл бұрын

    But the only problem with this is that many Americans will just think it’s communism...

  • @dragonsember

    @dragonsember

    4 жыл бұрын

    Dude you could explain the idea of public schools and schoolbusses to Americans and if they've never heard of it they'd call it communism. Everything is 'black and white', 'communism or capitalism', 'us and them' to americans. I guess that's what you get when you split your population in half politically and pit them against each other every 4 years.

  • @mranderson7932

    @mranderson7932

    4 жыл бұрын

    EXACTLY right. Any sign of 'helping out for the common good' is sadly seen as left extremism in America. Where most of the rest of the world see it simply as the logical thing to do.

  • @oslowcloud

    @oslowcloud

    4 жыл бұрын

    Haha so true!

  • @gunnarkarlolafsson6195

    @gunnarkarlolafsson6195

    4 жыл бұрын

    And 99% of those who will say that can’t even explain what communism is.

  • @ange3489

    @ange3489

    4 жыл бұрын

    But why is this so in America and not other countries? I’m in oz and we do not think this way.

  • @Breathingdeeper
    @Breathingdeeper4 жыл бұрын

    Makes you remember about a guy who was talking about giving $2000/month to every adult

  • @maxattack3853

    @maxattack3853

    4 жыл бұрын

    It was 1000. I'm sure many people regret not voting for him

  • @blackearl7891

    @blackearl7891

    4 жыл бұрын

    @@maxattack3853 it was Bernie but massive credit to Yang as well since he brought it up originally.

  • @Bobo-jy5mg

    @Bobo-jy5mg

    4 жыл бұрын

    That would be a disastrous policy giving everyone 1000 dollars every month...

  • @SteamedBunXKuro

    @SteamedBunXKuro

    4 жыл бұрын

    @@blackearl7891 Fk Bernie, Yang sounds like he actually have a plan. Bernie just making promises with no details on the plans.

  • @blackearl7891

    @blackearl7891

    4 жыл бұрын

    @@SteamedBunXKuro says the person not bothering to read the law that was passed.

  • @BengVideo
    @BengVideo4 жыл бұрын

    Where is Donald trump with his „JOBS JOBS JOBS“?

  • @tkokflux6322

    @tkokflux6322

    4 жыл бұрын

    사브리나-Sabrina before all of these unemployment was the lowest in 50 years so yeah even though he didnt manage the whole situation well dont blame it on something else aight ma g

  • @danielf1506

    @danielf1506

    4 жыл бұрын

    Global pandemic happened

  • @brpitrepeters7983

    @brpitrepeters7983

    4 жыл бұрын

    Yep Trump invented virus and it's going to rain tommorow so obviously Trump is responsible for all weather.. unless it's sunny. then it's all the left wingers doings

  • @jeffc5974

    @jeffc5974

    4 жыл бұрын

    @robert mugabe Because it didn't help people enough. The House is going to pass a better one, and then it will be the Republican's turn to reject it.

  • @avigindratt7608

    @avigindratt7608

    4 жыл бұрын

    When trump mentions things in threes like that, it's usually the next thing he will completely destroy. Whatever is being repeated is the target.

  • @Vinxian1
    @Vinxian14 жыл бұрын

    Most European nations were welfare states with strong safety nets before the Corona virus hit. And now that it's here all the systems are already in place to fund relief for businesses and employees hit by the coronavirus. The United States isn't a strong welfare state. And as it turns out, it's hard to build one during a crisis.

  • @maxdondada

    @maxdondada

    4 жыл бұрын

    Vinxian welfare state, exaggerate much?

  • @nasimoravil1920

    @nasimoravil1920

    4 жыл бұрын

    @@maxdondada yeah they actually care about everyone. Not only rich ppl

  • @ForestRaptor

    @ForestRaptor

    4 жыл бұрын

    @@maxdondada I think it's the only term they know how to describe it. I don't think they mean it in a badway.

  • @jimboydejuan7869

    @jimboydejuan7869

    4 жыл бұрын

    Indeed Reason USA biggest weakness to Ts Healthcare system collpased and US Military Budget but cannot stop a tiny virus.

  • @miriamjenkins7337

    @miriamjenkins7337

    4 жыл бұрын

    @@maxdondada The word "Welfare" means "wellbeing"; it's not an insult. When EU nations talk about being "welfare states" it means they fight for the physical, mental and financial well-being of their citizens rather than.... pleasing lobbyists or corporations first.

  • @TheElvire96
    @TheElvire964 жыл бұрын

    *Laughs in European and basic working rights*

  • @Zlonk7

    @Zlonk7

    4 жыл бұрын

    @Adam Efimoff r/wooooosh

  • @REDnBLACKnRED

    @REDnBLACKnRED

    4 жыл бұрын

    @Adam Efimoff It's internet lingo.

  • @arcaipekyun4232

    @arcaipekyun4232

    4 жыл бұрын

    Adam Efimoff its a kind of a joke-meme. You won’t get it if you aren’t into memes (i guess)

  • @AlanWattResistance

    @AlanWattResistance

    4 жыл бұрын

    Enjoy the caliphate.

  • @basshunterdota625

    @basshunterdota625

    4 жыл бұрын

    Europeistan

  • @bernardohernandez2620
    @bernardohernandez26204 жыл бұрын

    And my family wonders why I’m leaving the US in the near future....

  • @sephorabernard

    @sephorabernard

    3 жыл бұрын

    Take me with you!!!! America is so ghetto.

  • 4 жыл бұрын

    They built a country dependent on consumer spending, then outsourced and barely paid those consumers a living wage. Don't need a Wharton MBA to see that was going to be a bad idea.

  • @Whysosadams
    @Whysosadams4 жыл бұрын

    I mean the irony is that the UK is one of the freest economies (more than US). People in US scaremonger that things like this and NHS will lead to some kind of socialist state. It just means less people stress about feeding their families or having a roof over their heads.

  • @mzaite

    @mzaite

    4 жыл бұрын

    Less stressed people think. That's bad for Washington.

  • @andrecalatre

    @andrecalatre

    4 жыл бұрын

    Less stressed people are harder to scare and manipulate. Also less stressed people tend to make better choices, be healthier and eventualy more educated and productive. But that doesn't directly & immediately benefit the richest.

  • @TonkaJay

    @TonkaJay

    4 жыл бұрын

    The place people get arrested for Twitter comments?

  • @laurenmatal353
    @laurenmatal3534 жыл бұрын

    America: where everyone capitalizes on each other till there's nothing left

  • @camerontaylor7471

    @camerontaylor7471

    4 жыл бұрын

    Lauren Matal ain’t that the truth! Very well said 👍🏼

  • @oseghaleokoyomon6921

    @oseghaleokoyomon6921

    4 жыл бұрын

    PREACH!!!🔊🔊

  • @MsJellyBellyLove

    @MsJellyBellyLove

    4 жыл бұрын

    It's all still there, just in offshore accounts.

  • @cliffbooth8423

    @cliffbooth8423

    4 жыл бұрын

    Spare me you spoiled brat

  • @TheBakuganmaster99

    @TheBakuganmaster99

    4 жыл бұрын

    Only big corporations win in the end.

  • @UkKiwi
    @UkKiwi4 жыл бұрын

    Hows that "land of the free" thing going america?

  • @mrreece3093

    @mrreece3093

    4 жыл бұрын

    It's not bad! We're just chillin, don't let the news fool you. I still have a job, and my friends that got laid off are getting paid MORE than they did when working.. America isn't perfect but remember there is 330M ppl and 50 states with different laws. And I would be willing to bet that this system will be able to rebound a lot quicker than most people think. Cheers!

  • @richardlinares6314

    @richardlinares6314

    4 жыл бұрын

    If this was a video about 'stay at home' orders or mass incarceration in America, then your "land of the free" comment might mean something. You could have said, "How's that 'Subway, EAT FRESH!!' thing going America?" and it would have been just as meaningful.

  • @thinktransnational

    @thinktransnational

    4 жыл бұрын

    It’s pretty bad. People are assuming that “land of the free” means that I don’t have to follow any rules or policies I don’t want to, even if that means risking the lives or others and myself.

  • @ChallengetheWild
    @ChallengetheWild4 жыл бұрын

    This video was so well made omg, I had to watch it twice to see the animations and the props again!!

  • @LucasL512
    @LucasL5124 жыл бұрын

    What If The USA Was A Good Country - Part 18

  • @laurent1144

    @laurent1144

    4 жыл бұрын

    This made me laugh-cry

  • @sarmatiancat-a-phract8705
    @sarmatiancat-a-phract87054 жыл бұрын

    They don't have to turn out that way, but it will because 'merica.

  • @chuchu9649

    @chuchu9649

    4 жыл бұрын

    Good. People in poverty are sick and tired of incremental change that only puts bandages on systemic problems. If the system breaks entirely we have to draft a newer, fairer one. Unfortunately capitalism is so widespread and ingrained in people’s minds across the globe that no one can imagine a life without having their worth valued by the profits they can make for businessmen.

  • @MacetazzOpina

    @MacetazzOpina

    4 жыл бұрын

    @christopher weise you guys should just become all pro guns, then sack stores and then just overthrow the government i mean in my country it is illegal to own a firearm without a process that lasts months and you have to buy it from the military everything gun related is done with the military and takes ages, thats why people just buy americans guns smuggled through the border you guys have it so easy, there are guns everywhere, if you all organized it would be done in a day

  • @marike1100
    @marike11004 жыл бұрын

    But people don't want "socialism" in 'Murca. 😂 What a cruel joke.

  • @jasperc8615

    @jasperc8615

    4 жыл бұрын

    When they hear universal healthcare they flee from it like it's Stalin's gulag

  • @ivario
    @ivario4 жыл бұрын

    Latvia also has a similar model like the UK - companies are getting support from the state to pay employees no less than 70% of their salary if they aren't able to go to work. There are some issues about the amount some are getting, but the idea works.

  • @mohitsharma1
    @mohitsharma14 жыл бұрын

    I love how Americans always think they live in the wealthiest, most developed country in the world. Europe, Canada, and Australia, New Zealand have it a lot better.

  • @pb.j.1753

    @pb.j.1753

    4 жыл бұрын

    Mohit Sharma Europe ain’t a country.

  • @ivalicetifalucis

    @ivalicetifalucis

    4 жыл бұрын

    @@pb.j.1753 i think what OP means is European countries

  • @notmenotme614

    @notmenotme614

    4 жыл бұрын

    America is good for the top 1% For the millions of Americans hovering around the poverty line, its no different to a third world country.

  • @notmenotme614

    @notmenotme614

    4 жыл бұрын

    @Gorden Gecko How are many ghettos in the US any better? Third world countries probably have better access to healthcare, to be honest.

  • @gabriellex3098

    @gabriellex3098

    4 жыл бұрын

    Gorden Gecko to a certain extent they’re right, but I agree a lot of people compare to the US to developing nations and although there are definitely a lot of problems in the US I wouldn’t say it’s actually comparable. It’s an incredibly wealthy country, with a fairly progressive society and a lot more freedom than most Americans could imagine. Slightly insensitive to those less developed countries tbh.

  • @AllikSports
    @AllikSports4 жыл бұрын

    When certain republicans want a politician with good “family values”, in reality they are saying: i don’t care about *your* family, the way my family’s been doing things for generations has been working for *us* , so let’s be blind to everyone else who has different beliefs and values as us.

  • @Jimraynor45

    @Jimraynor45

    4 жыл бұрын

    You aren't their family. Why precisely should one care about people they've never met and will likely will never meet? The best you should expect is that they don't bring harm to you. The problem with government taxes, is that they do bring harm. I've said it before and I'll say it again, keep your filthy hands outta my wallet.

  • @SHURIKENRCN

    @SHURIKENRCN

    4 жыл бұрын

    Cam Darlington - No... the majority of people in the US are good people, it’s just the two political parties are dividing the country more than ever.. You can’t just generalize for the whole US...

  • @grayishcolors

    @grayishcolors

    4 жыл бұрын

    PietreADI I find the two party system really funny bc people forget how similar the party’s really are yet they pretend they aren’t. It’s like how people get attached to a team in sports but all the teams are playing the same game.

  • @greenman8060

    @greenman8060

    4 жыл бұрын

    @Cam Darlington People in the U.S. are known for being a lot more friendly than people in Europe. We give you waves and have small talk with people we don't know (Though this depends on where you are in the U.S.) Europeans are known for being generally very cold to strangers, and if you wave at them, they think you're creepy, and if somebody they don't know talks to them, they think you're trying to sell them something.

  • @joshuahe3999
    @joshuahe39994 жыл бұрын

    Mnuchin: "We're taking advantage of long-term interest rates" His Grandchildren: "It's a TRAP!" His bank friends: "Good, good, you have done well my apprentice"

  • @rf2032

    @rf2032

    4 жыл бұрын

    Opportunity for a nice pun there: "It's a TARP!"

  • @Dmhadson
    @Dmhadson4 жыл бұрын

    The fact that this all happened so quickly shows us the truth of our farcical, fragile little economic system.

  • @forwardslashbeats3091
    @forwardslashbeats30914 жыл бұрын

    Just a bit of live fact checking. The UK government is paying 80% wages to furloughed staff up to the value of about £2300 a month. This means that there are a lot of people out their who are affected fairly significantly by the lockdown but at least unlikely to starve to death or become homeless. I guess the thing that we Brits find so bemusing about our friends over the pond is the sheer callousness of your economic system. Your government doesn't seem to care whatsoever about your changes of circumstances and the idea of helping people seems at odds with your entire ethos. Over here we quite justifiably complain about how cruel our own government can be but I know which one I'd pick given the choice between the two!

  • @greenman8060

    @greenman8060

    4 жыл бұрын

    The ways the parties are split right now, there's no way something like that could happen.

  • @d1p70

    @d1p70

    4 жыл бұрын

    @Paul Wember But ask a recently laid off worker where they'd rather be... You get one guess.

  • @anonymoust2877

    @anonymoust2877

    4 жыл бұрын

    @Paul Wember if we were really worse of than the U.S then people would be worried about not getting paid plus what do you expect the uk is a smaller country than the U.S and if you actually checked the deaths and number of people actually getting it is going down at a good rate so its still the U.S thats doing much worse sorry to break it to you

  • @anonymoust2877

    @anonymoust2877

    4 жыл бұрын

    @Paul Wember read it again i edited it since you cant read simple english

  • @oeckstei

    @oeckstei

    4 жыл бұрын

    That strange thing is our government is a reflection of our people and our poor education system. So how we vote will only change if we dramatically reform how we educate ourselves.

  • @ediaz951
    @ediaz9514 жыл бұрын

    “AmErIcA’s tHe gReAtEsT CoUnTrY iN dA wOrLd”- American’s who don’t see how poorly our Country’s ran

  • @gqn2

    @gqn2

    4 жыл бұрын

    To be fair, it’s not their fault.

  • @yashuppot3214

    @yashuppot3214

    4 жыл бұрын

    As evidenced by your grammar, brought to you by American education.

  • @jd-uz1ln

    @jd-uz1ln

    4 жыл бұрын

    On some days I feel sorry for the people of America. On other days I feel like it is mostly your own fault.

  • @patrickmunro5379

    @patrickmunro5379

    4 жыл бұрын

    @j d strongly agree

  • @sashazxtt

    @sashazxtt

    4 жыл бұрын

    The country is run exactly like the oligarchy wants it to be run.

  • @DaoQui
    @DaoQui4 жыл бұрын

    Here in Portugal, the government said to the companies: "hey don't fire that dude. He'll get paid at least the minimum wage, or else 2/3 of his salary, and you only need to pay 1/3 of that. We'll cover the rest and you don't need to pay his social security tax either. When you resume the economic activity we'll pay you his monthly salary as a bonus. The only requirement? You can't fire him over the next three months."

  • @GlaceonStudios
    @GlaceonStudios4 жыл бұрын

    3:56 That one marble that got stuck is a pretty apt metaphor.

  • @Cosmolovescheese
    @Cosmolovescheese4 жыл бұрын

    To any claiming we're socialist in the UK, we currently have a conservative government, headed by the most right wing prime minister we've had for decades

  • @rab7287

    @rab7287

    4 жыл бұрын

    Cosmo how is he very right wing

  • @cosmedelustrac5842

    @cosmedelustrac5842

    4 жыл бұрын

    In my opinion the american left is the equivalent of the europen right and the american right is the equivalent of the european far right (I am French).

  • @DrSeanKennedy

    @DrSeanKennedy

    4 жыл бұрын

    I hope you realize you've provided ZERO evidence to support your claim.

  • @kovilil

    @kovilil

    4 жыл бұрын

    no worries, it is so easy to be called socialist from the US and it is usually nothing to do with the real socialist parties

  • @johndoe2006

    @johndoe2006

    4 жыл бұрын

    @@cosmedelustrac5842 the American left would be centre left in Europe lol, not right wing.

  • @pixelbits5249
    @pixelbits52494 жыл бұрын

    Why is the American government always so bad with giving money to people who need it?

  • @Fix_It_Again_Tony

    @Fix_It_Again_Tony

    4 жыл бұрын

    Because one of the major political parties stands in staunch opposition of this idea. They see as the only path a business oriented approach with the assumption that if the businesses are prosperous, then the workers will be prosperous. The problem I see with this is the business really does not have the worker's interest in mind, especially if that business is publicly traded. Sure businesses need workers (less and less due to automation), but if businesses can reduce operating expenses (payroll) they can increase their profits without increasing revenue. Most try to find the point of pain for the worker between a job that is not worth it and a job that pays enough, keeping pay just above this "pain" level. That way they can retain workers without spending too much. Most government programs are based on need as governments do not consider profit as a motive. They are more concerned with prosperity of the whole country.

  • @nicolasr7706

    @nicolasr7706

    4 жыл бұрын

    Capitalism

  • @jdredman

    @jdredman

    4 жыл бұрын

    ajm8127 You nailed it.

  • @thePronto

    @thePronto

    4 жыл бұрын

    Because (many of) the people who need it vote for the policies/politicians that favor the wealthy and the corporations. Hard to believe, until you realize that most poor people think of themselves as temporarily embarrassed millionaires. Despite all the evidence to the contrary....

  • @rebeccachia

    @rebeccachia

    4 жыл бұрын

    because they have a complicated system... meaning it has to be written, processesd and put into a computer that system, or computer are our grandmothers age

  • @bonnierae3144
    @bonnierae31444 жыл бұрын

    2019: "Hey, I think I'm going to start a small business! I'll get a good salary from it along with my work salary!" 2020: "Yeah, haha, no."

  • @goenitzjf

    @goenitzjf

    4 жыл бұрын

    Just sell ppe and cleaning materials like disinfectants. Many businesses are going to be looking for these when the lockdowns end.

  • @prateeklal
    @prateeklal4 жыл бұрын

    The government here in Chile is doing something similar as UK as well.

  • @rosannecannella8112
    @rosannecannella81124 жыл бұрын

    NZ also has a wage subsidy in place. It’s well done. We have controlled unemployment and the virus . The US approach works well in the good times but completely fails in the bad times...the country has many outdated ideologies and laws

  • @fergusmccallum7751

    @fergusmccallum7751

    4 жыл бұрын

    Zero cases!

  • @boondockpaint

    @boondockpaint

    4 жыл бұрын

    Yeah, individualism is very outdated, but greed is still very fresh

  • @BlancoWilliams

    @BlancoWilliams

    4 жыл бұрын

    Australia has too

  • @BandlerChing

    @BandlerChing

    4 жыл бұрын

    I wouldn’t even say it works well in the best of times. It works well for * some * and for those few....it’s still working out pretty well. The poor are still poor and the line between poverty and middle class is evaporating.

  • @carlosgillon3761

    @carlosgillon3761

    4 жыл бұрын

    I'm so glad I live in NZ.

  • @SoSo-li6dn
    @SoSo-li6dn4 жыл бұрын

    Stop thinking "When will this get back to normal?" and start thinking "What is the new normal going to be?"

  • @MommahKat

    @MommahKat

    4 жыл бұрын

    Specially when the previous "normal" wasn't working to begin with.

  • @saints0931

    @saints0931

    4 жыл бұрын

    Thomas Philip I’ve been saying this. “We just need to get back to normal.” What is normal after 70000 plus people have died and an estimated 30 million people have be ousted from their jobs.

  • @Racko.

    @Racko.

    4 жыл бұрын

    Exactly, there's no such thing has "normal", we need a new standard they'll be beneficial down the line, not some kind of short term solution

  • @TheWatchfulWolf

    @TheWatchfulWolf

    4 жыл бұрын

    So many lives needlessly lost. It's a tragedy, aye - and the US should absolutely oust their government if they try to go back to how it 'was before'.

  • @septimahayj3154

    @septimahayj3154

    4 жыл бұрын

    Why not both

  • @MissPoziomka1
    @MissPoziomka14 жыл бұрын

    You also didn't mention one big thing: laying someone off is difficult. In most of the developed countries you either have to prove some fault in worker or pay them "goodbye money". In a situation when business has to stop for some time for external reason - you're legally obliged to pay workers set percent of original amount. This way a lot of employers, especially bigger ones, have these money set aside - it's cheaper to pay someone for month or two waiting for new clients then lay them off.

  • @CrazedComposure

    @CrazedComposure

    4 жыл бұрын

    What countries does this happen in??

  • @jonnyjonneth

    @jonnyjonneth

    4 жыл бұрын

    @@CrazedComposure it happens in the UK and I would assume most of Europe as we all have fairly similar systems. It's called redundancy pay. After you've been working for an employer for two years there is a formula set by the government to how much pay you get for the number of years you've worked depending on your age. So if I'd been working somewhere for ten years I would get 10 weeks of pay if I'm made redundant. If I was a bit older I would get 1.5 weeks for each year employed by the company up to a maximum of 20 weeks worth of pay.

  • @yosaraholivo8477

    @yosaraholivo8477

    4 жыл бұрын

    @@CrazedComposure It happens in a lot of places, it's like this in my country, the Dominican Republic, and were not even a ¨developed¨ country. Laying off someone costs a lot of money, and the amount grows according to the time you've been working, your age and your health. Usually, employers will force or put pressure on employees to quit so they don't have to pay them.

  • @Anankin12

    @Anankin12

    4 жыл бұрын

    @@CrazedComposure Every EU country I know of, actually

  • @benlevrone7185
    @benlevrone71854 жыл бұрын

    That's so sad for the American people, the government screws them over without support when times get tough and they become unemployed, they spend billions on military each year, but when a pandemic hits the nation, which is roughly one in a hundred year possibility or even less they make there own people suffer... the very people that pay the taxes for government spending.

  • @freezinfeet
    @freezinfeet4 жыл бұрын

    the system worked pretty until an actual problem happens* doesnt sound like a working system

  • @cjmhall
    @cjmhall4 жыл бұрын

    I'm sure if the top 1% had more to gain from a UK-style system, we would've had that in a heartbeat.

  • @addicted2saving203

    @addicted2saving203

    4 жыл бұрын

    ChrisJ yep

  • @MrRenegadePhoenix

    @MrRenegadePhoenix

    4 жыл бұрын

    But they do have more to gain: they don't have to pay employees during lockdown and don't have the hassle of rehiring when the lockdown ends... that's why the UK system is good!

  • @kosatochca

    @kosatochca

    4 жыл бұрын

    ChrisJ Don’t they get more from UK style system? Small and medium-sized businesses usually provide from 40 to 50 percents of GDP in most of the developed countries, so to prevent mass unemployment aid has to be distributed to a huge range of companies sometimes including multinational conglomerates. This are literally liquidity injections for both small and big businesses. I could only guess that these injections improve the mood of some members of economic elites. This is all just to say that American economic system is different from European

  • @aditsood9369

    @aditsood9369

    4 жыл бұрын

    your profile picture just reminded me of something I had buried deep within my mind

  • @gabbar51ngh

    @gabbar51ngh

    4 жыл бұрын

    You are buffoon. City of London in the center of UK is Literally a plutocratic state with Complete control to corporations. Their tax haven Islands and foreign exchanges is what keeps uk's economy relevant.

  • @janalexishinoguin4055
    @janalexishinoguin40554 жыл бұрын

    In our country only the government employees are being paid while everyone in the private sectors are getting hungry...

  • @perrybonney9090

    @perrybonney9090

    4 жыл бұрын

    The government is free to tax and spend as it likes. And creates conditions where the free market can't operate (e.g., quarantine).

  • @avelai9216
    @avelai92163 жыл бұрын

    I live in Germany and work at a museum, which was closed for 3 months due to the pandemic. The museum had zero income, we had nothing to do. So we just got send home, had 3 month holidays and got 80% of our income. And I was really angry because some of my friends who also got send home got 90% of their income. Now after watching this video I'm feeling really priviliged...I didn't even know that there are highly developed countries like the US that didn't have this system. Woooow. I'm so happy to be german tbh

  • @thecrippledpancake9455

    @thecrippledpancake9455

    3 жыл бұрын

    Okay, what happened after those three months? You get no money?

  • @nandandesai6524
    @nandandesai65244 жыл бұрын

    if, only if, America starts diverting all those billions of military budget and start using that inside their own country on their own people...

  • @Dantick09

    @Dantick09

    4 жыл бұрын

    Nandan Desai they are probably developing a new fighter jet to fight corona virus, gotta keep those industries going with taxpayer money

  • @Mekose

    @Mekose

    4 жыл бұрын

    "start using it on their own people" careful how you word that or you might give them some ideas.

  • @jonathandansem

    @jonathandansem

    4 жыл бұрын

    Mekose 🤣🤣🤣🤣Hahahaha

  • @sashazxtt

    @sashazxtt

    4 жыл бұрын

    USA already is using it's military tactics on it's own population. Read Chris hedges on this subject.

  • @maxp2100

    @maxp2100

    4 жыл бұрын

    @@loganromney9147 I mean they could also stop invading countries and stuff

  • @nedim631
    @nedim6314 жыл бұрын

    "tHaTs SoCiAlisM".

  • @Aspirish

    @Aspirish

    4 жыл бұрын

    @@LolwutLol2000 What's the Donald Trump equivalent to that? I'm thinking a Joe Exotic profile picture, seems kind of close, right?

  • @alfrednoodle1028
    @alfrednoodle10284 жыл бұрын

    This whole thing boiled to one sentence. Using the banks as a middleman delayed the loans. K, got it.

  • @sammy-tj7br
    @sammy-tj7br3 жыл бұрын

    I live in an area where Covid hasn’t been too bad because of strict lockdowns and people not being selfish but a small gluten-free restaurant that I loved closed down permanently because of corona, now I am sad

  • @MrChillerNo1
    @MrChillerNo14 жыл бұрын

    this is Kurzarbeit in German speaking countries... I thought that's standard in modern countries. USA you shock me once again.

  • @HebrewsElevenTwentyFive

    @HebrewsElevenTwentyFive

    4 жыл бұрын

    USA are third world in many things aside from the military technology they possess. Being the second most powerful country on Earth is cool but when your homeless, homicide and pro-working class statistics are terrible, what are they so proud of?

  • @paulgassner2602

    @paulgassner2602

    4 жыл бұрын

    @@thesupergreenjudy Your comments are not entirely correct. Most people in Germany are working from home as well, and those who cannot work from home have Kurzarbeit.

  • @needn5796

    @needn5796

    4 жыл бұрын

    @@thesupergreenjudy Here in the netherlands, all childcare services are now paid for by the government, for people that work in vital jobs, and self employed people get all kinds of benefits as well. That all next to similar things as in the UK, the govmnt pays 80% of wages in companies that had to go full-closure i believe and companies are incited to pay the remaining 20%. If there's one thing we learned from 2008, is that the system can get through a lot as long as people can keep spending, and for that they need mostly normal wages. Also it's important to make sure there aren't companies leeching off the crisis and running up the national debt in that way.

  • @clypeum5063

    @clypeum5063

    4 жыл бұрын

    @@thesupergreenjudy you get 60% from the get Go but you can get more If for example you have children at Home (+7%) or other beneftis. Also your refund is determinated by your net salary which is calculated with a Chart. If your Lucky you might get more If your normal net salary is lower then the one stated in the Chart etc etc. All in all for a normal Family you get around 75% refund with all the extra Bits and bobs and a lot of Germany is doing Work from Home so its not as Bad as you might think. Cheers

  • @sarjulia

    @sarjulia

    4 жыл бұрын

    @@thesupergreenjudy I don't know enough to comment on what the case is in Germany but here in Switzerland Kurzarbeit does cover 80% of income and is granted very easily. Any business that has had to temporarily shut it's (literal) doors or is suffering from loss of business due to the Covid-19 related measures can also get an interest-free 5 year loan of up to CHF 500 000 that is guaranteed by the State. Those who can are working from home and only essential businesses are allowed to be open. These measures were put in place a few weeks before the UK government acknowledged the need for any sort of measures. We are slowly coming out of the lockdown with incredibly stable measures put in place to protect businesses and workers from unemployment.

  • @zendragallhauser5056
    @zendragallhauser50564 жыл бұрын

    Europeans be like: we have a government so that we solve problems collectively, that we can not solve individually!

  • @theMoporter

    @theMoporter

    4 жыл бұрын

    The UK is refusing to work with the EU in any way, which is making our situation worse.

  • @paoloelias6697

    @paoloelias6697

    4 жыл бұрын

    @@theMoporter Were still European tho. Besides each EU country can run how it likes, we can still borrow ideas from other nations

  • @AnimeOtaku2

    @AnimeOtaku2

    4 жыл бұрын

    Paolo Elias they’ve refused an offer to get EU respirators in favour of giving a contract to a firm owned by a Tory donor that’s never built them before.

  • @alfrredd

    @alfrredd

    4 жыл бұрын

    Even within Europe the UK is seen as the closest to the US in terms of conservativeness and economic liberalism. Countries like Denmark, Germany and Finland are way ahead in Social Welfare.

  • @EverythinginmyNDS

    @EverythinginmyNDS

    4 жыл бұрын

    They have an actual state

  • @Sophia-dg7wk
    @Sophia-dg7wk3 жыл бұрын

    I’m in the UK and now the lockdown is lifting everyone is getting laid off now. I definitely agree that the UK handled the situation better than the US (but that’s not exactly hard). But now the UK need businesses to get back to normal so the economy can go back but nobody wants to cause there is still risk. So now loads of places are closing down and unemployment is spiking. So definitely not perfect. Our government can’t seem to decide what they actually want to do.

  • @soulvey
    @soulvey4 жыл бұрын

    Our government here in the UK have made some serious mistakes handling this crisis, but honestly this has been the best thing they've done and it deserves to be noted as such.

  • @MessYourselfGaming
    @MessYourselfGaming4 жыл бұрын

    wow I’m usually quite critical of the UK 🇬🇧 government but when you compare it to the US 🇺🇸 you appreciate it. My dad lost his job due to the virus 🦠 but the UK 🇬🇧 government is paying 80% of his salary. It ain’t all but I think it’s good for him to spend this time at home and safe at these times 🦠

  • @dickersonbuttman69
    @dickersonbuttman694 жыл бұрын

    Rich people: Hey, um, ca- The US: *Gives $2 trillion bailout to Wall Street* Regular people: I can't feed my family, pay rent or get healthcare. The US: I'm sorry I have no idea how to help you, have you tried inventing Facebook?

  • @reiverdaemon

    @reiverdaemon

    4 жыл бұрын

    @xLuke_25x The video didn't say it didn't work. It said that might not be enough long term.

  • @naizastark7651
    @naizastark76514 жыл бұрын

    So during the great depression they made a law from copying what the other Countries had but they still failed at copying it exactly

  • @ivofena83
    @ivofena834 жыл бұрын

    Our unemployment in the UK doubled since covid-19. It is not going well at all.