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Wednesday, April 15, 2020

HS2 Construction Work Given Green Light

The government has given formal approval for construction work on the HS2 rail project to begin despite lockdown measures.

Construction firms involved in phase one of the high-speed rail project will need to follow social distancing rules.

Unsurprisingly there has been much negative comment on social media about the affordability of this, especially given the ongoing COVID19 issue and the expected hit to the public finances.

However, as Keynes noted in The General Theory:
"The government should pay people to dig holes in the ground and then fill them up."
Rather than stand by and let people do/earn nothing!

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