Chancellor Rishi Sunak answering questions from media after delivering jobs plan

The transcript discusses the economic impact of government decisions and the role of the state during a crisis. It highlights the need for the state to provide support to individuals and businesses while maintaining agility to minimize tax burdens. The conversation emphasizes the importance of adapting economic strategies to ensure a swift recovery and return to normalcy.

What did the speaker clarify about the economic impact of the virus?

• The economic approach needs to evolve.

• The damage is permanent.

• The economy will not be affected.

• The virus will be a short-term issue.

Why does the speaker believe the state should intervene during the pandemic?

• To reduce public services.

• To support people and businesses.

• To increase taxes.

• To eliminate government roles.

What is the speaker's view on the state's role in peacetime versus during the pandemic?

• The state should always be large.

• The state's role is unchanged.

• The state should not intervene at all.

• The state has a different role during the pandemic.

What does the speaker suggest about the future size of the government?

• It should eliminate all public services.

• It should not collect any taxes.

• It should be nimble and agile.

• It should be as large as possible.

According to the speaker, what is the benefit of state support in the short term?

• It weakens the economy.

• It delays recovery.

• It strengthens and speeds up economic recovery.

• It has no impact on the economy.