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Old 06-04-2011, 08:30   #38
Osem
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Re: * News * Politics * Economic policy Ministers admit family debt burden i

Quote:
Originally Posted by Chrysalis View Post
Mertle made a point which you havent answered, he basically saying the same as me in that these jobs are not going to just appear. It is a global market.
Yes it is a global market and how do you suggest UK PLC competes with that global market unless we make efficiencies, drive costs down and start creating wealth as opposed to borrowing? Having already lost so many jobs (service sector, manufacturing, hi-tech etc.) to the likes of India and China you appear believe that UK workers can still be insulated from the harsh reality and have a God given right to jobs, better pay and conditions. The only way for this to happen is if sufficient wealth is created to fund those jobs, salaries and conditions and why would companies competing in your global market choose to employ people here if the cost of so doing (via tax, regulation etc.) is so much greater than elsewhere? The countless £billions being paid in interest on our debt every year aren't generating any jobs, building any schools or anything else are they. It's money wasted.
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