Sal Paradise wrote:That's what fuel escalators are for - simple solution pass the cost on - everybody is in the same boat. There will be a lag month one but after that no issue.
Eh ?
An increase in fuel duty is just another tax, an increase in cost for all of us and especially transport companies, where fuel costs are a significant slice of their day to day costs.
It may be a one off hit on inflation figures but, it's an increased cost for anyone who consumes fuel or, where fuel is part of the cost of any product or service, which is pretty much anything and everything.
The government has left very little wiggle room to generate extra tax revenues, especially if the ecconomy continues to cough and splutter, which looks absolutely nailed on for a little while.
We were pretty much "flat lining" as things were but, the Coronavirus looks certain to put our ecconomy in reverse, if only for a limited time.
Now where was that strong ecconomy that we kept hearing so much about during the election.
Full employment in crap jobs seems to sum things up reasonably well.
![CRAZY :CRAZY:](./images/smilies/d040.gif)