But Gordon knows best. After all he did once touch a ten bob Bank of Clydesdale note! While most of us were working our nuts off to keep a roof over our heads Gordon kept on increasing taxes and having nice free lunches round at Goldman Sachs.
I won’t go into intricate detail. I used to be City Trader. A good trader analyzes and acts quickly. So no need for minutiae. A reliance on Banking has left the U.K (now that’s a laugh) in a very nasty situation. We have lost 1 million manufacturing jobs over the last 10 years.
Brown keeps on talking about the new ‘digital future’. As usual a meaningless line designed to try to make him seem more intelligent than he is…….just like the photo of him sitting at a pc screen in the no.10 bunker.
So does he mean software? Where is our Microsoft ?
Does he mean hardware? Where is our Intel? Our STM?
Maybe phones? Nokia? Ericsson? Motorola?
Google? Where are our Larry Page and Sergey Brin?
(no doubt learning Citizenship at school)!!!!!
So where will all this magical innovation come from and how will it be financed?
The Banks are skint….remember- we own most of them now.
The Government is broke also………Gordon has stuffed us all for £33,000 each…so far!
So how will we compete with the rest of the world?
Recently two factories have actually opened.
Belgian foam maker Recticel has opened a £14 million factory at Meir Park, Staffs.
How many jobs created? 40!!!!!!!! Yes,just 40!!!!!
That means that each job needed an investment of £350,000!!!!!!!!!!
Hawker Beechcraft opened a high tech painting plant with a £4.5m investment creating 40 jobs at Broughton in Wales.
So this time £112,500 per job!
The Chinese must be quaking in their boots!
OH Ha'penth worth from the Penguin
The report by the UK National Defence Association (UKNDA), an independent body, quotes the government adviser as saying: “Defence, aerospace, manufacturing and engineering have no real value to us.
“Only high-quality professional services, financial services and the City of London have any real value and they should be supported at all costs. The rest of the country can be turned over to tourism.”