A new word: “VIMMLBUTT” ?
It needs to catch on, like the virus: except it’s remedial in nature.
It’s made up of 3 separate acronyms representing what’s actually necessary right now if we’re to manufacture socio-economic repair over the next 10 years. Anything less won’t do it.
We need an overarching approach: petty pro tem detail [like JobKeeper and JobSeeker] aren’t enough.
MMT [Modern Monetary Theory]
UBI [A “living wage” Universal Basic Income]
LVT [Land Value Taxation]
Best I can do from the 9 letters of the 3 acronyms is the word VIMMLBUTT : pronounced “vimmelbutt”?
That’s it.
We need to insert VIMMLBUTT into our social discourse and fabric.
Otherwise, things are going to get pretty bad over the next ten years.