Cable Forum - View Single Post - Here we go again

Ignitionnet · 30-03-2016, 22:53

Make the case for how supporting an uncompetitive steel industry with taxpayers' money benefits the British people and I'll be listening.

By British people I mean all of us, not just those whose jobs may be saved, given we'll all be footing the bill.

I've no idea what you're referring to with oil. Are you suggesting we subsidise North Sea oilfields to compensate them for the low prices?

China produced more steel in the last 2 years than we have since the industrial revolution. To protect our steel industry through intervention would require nationalisation and an open wallet or to go to the EU and try and have trade barriers put up against Chinese steel.

Every time you complain about the taxes you pay it implies you wouldn't be in favour of nationalisation, unless of course the plan is that other people pay, and there's no way we could get the EU machine to aid us quickly enough, so what are the options?

What both protects those who work in the industry and takes account of the interests of those footing the bill Arthur?

30-03-2016, 22:53	#49
Ignitionnet Inactive Join Date: Jun 2008 Location: Leeds, West Yorkshire Age: 47 Posts: 13,995	Re: Here we go again - Port Talbot to axe 1,000 steel jobs Make the case for how supporting an uncompetitive steel industry with taxpayers' money benefits the British people and I'll be listening. By British people I mean all of us, not just those whose jobs may be saved, given we'll all be footing the bill. I've no idea what you're referring to with oil. Are you suggesting we subsidise North Sea oilfields to compensate them for the low prices? China produced more steel in the last 2 years than we have since the industrial revolution. To protect our steel industry through intervention would require nationalisation and an open wallet or to go to the EU and try and have trade barriers put up against Chinese steel. Every time you complain about the taxes you pay it implies you wouldn't be in favour of nationalisation, unless of course the plan is that other people pay, and there's no way we could get the EU machine to aid us quickly enough, so what are the options? What both protects those who work in the industry and takes account of the interests of those footing the bill Arthur?