Energy Prices

[JamesWales]

There's no contradiction in what I posted today what I did some time ago. Paying debt down is NOT the same as servicing it.

And what is the difference in principle between borrowing for Covid to try and mitigate an economic catastrophe and doing so for energy bills that would also create an economic catastrophe? I agree, in theory, and in practice in future there are profits to be taxed (which will be, and no doubt go into the public purse as unanticipated revenue) but that doesn't help us subsidise bills which will be done for every single household and business in the country in 20 days time.

No one wants endless borrowing, least of all the government, but staring down the barrel as we, and the rest of europe, has been, I think whats been done is right.

[az city]

And what is the difference in principle between borrowing for Covid to try and mitigate an economic catastrophe and doing so for energy bills that would also create an economic catastrophe?

Jimbo, you really don't see the difference? You don't think energy providers are profiteering and should pay as a result?