Coronavirus financial reckoning cannot be evaded

Throughout the coronavirus pandemic we have got used to hearing governments talking endlessly about propping up economies with billions and billions of dollars or pounds in loans. It became a mirage of cash that came from somewhere and didn't seem to affect us other than protecting millions of jobs of course. This aas going on in the UK, the US and Europe and everywhere. Now for the reckoning. It's impossible to go on like this without someone sensible making decisions to get those debts paid and the economy back into shape. To do that we are all going to have to suffer, probably for quite some time. Higher bills, higher taxes, wage restraint etc. In the UK Rishi Sunak, the chancellor of the exchequer, is the man in charge of the economy and it seems he has got the message and is warning about the challenges ahead. But is Boris listening? He has this wonderful broad-brush approach to politics and government and doesn't like hearing his chancellor talking about raising taxes which is anathema to the Conservative Party. But I believe most people in this country will understand that with the pandemic moving slowly towards an exit these huge debts must be paid off. Even the Labour Party must realise that you can't spend spend spend without there being a reckoning at some point. That point has now been reached. Let's see how brave Boris is going to be.