wednesday1 Posted August 1, 2012 Share Posted August 1, 2012 UK manufacturing figures deal hammer blow to recovery hopes http://www.guardian.co.uk/business/2012/aug/01/uk-manufacturing-figures-blow-to-recovery Manufacturing has shrunk at its highest rate for more than 3 years, July's figures show. When the ConDems were 'elected' they claimed that the economy needed rebalancing, away from the service sector to the wealth generating manufacturing industries. Not only has manufacturing failed to grow, output is weaker now than it was when they took power. Do they have a clue what they are doing? Link to comment Share on other sites More sharing options...
bigsexydoug Posted August 1, 2012 Share Posted August 1, 2012 UK manufacturing figures deal hammer blow to recovery hopes http://www.guardian.co.uk/business/2012/aug/01/uk-manufacturing-figures-blow-to-recovery Manufacturing has shrunk at its highest rate for more than 3 years, July's figures show. When the ConDems were 'elected' they claimed that the economy needed rebalancing, away from the service sector to the wealth generating manufacturing industries. Not only has manufacturing failed to grow, output is weaker now than it was when they took power. Do they have a clue what they are doing? the conomy does needs reblancing though, the countries that actually make stuff tend to be the best ones suited to growing, when tony balir decided to turn the uk into a giant corporation of offices selling crap no one wants but with a bit of commision he screwed up big time ! output tends to be weaker in recession or it wouldnt be recession would it ! sod it.......... damn tories, bet they all have shares in uk loses billions.com, nasty tories etc etc etc Link to comment Share on other sites More sharing options...
hard2miss Posted August 1, 2012 Share Posted August 1, 2012 UK manufacturing figures deal hammer blow to recovery hopes http://www.guardian.co.uk/business/2012/aug/01/uk-manufacturing-figures-blow-to-recovery Manufacturing has shrunk at its highest rate for more than 3 years, July's figures show. When the ConDems were 'elected' they claimed that the economy needed rebalancing, away from the service sector to the wealth generating manufacturing industries. Not only has manufacturing failed to grow, output is weaker now than it was when they took power. Do they have a clue what they are doing? Nope, that Osborn bloke is just winging it, he has not got a scooby doo. Link to comment Share on other sites More sharing options...
Grandad.Malky Posted August 1, 2012 Share Posted August 1, 2012 Nope, that Osborn bloke is just winging it, he has not got a scooby doo. Perhaps he needs a Scooby snack ……….. they always seemed to do the trick. Link to comment Share on other sites More sharing options...
chem1st Posted August 1, 2012 Share Posted August 1, 2012 Unemployed people cannot grow vegetables and land sits idle. The owners of the idle land get paid for merely owning the land via taxation upon those without land. There is more chance of a civil war than an economic recovery. Link to comment Share on other sites More sharing options...
frededwards Posted August 1, 2012 Share Posted August 1, 2012 The problem is that the current generation of politicians have no idea what real industry is. They all come from a Oxbridge background that is geared towards steering them into politics or the city, so that is all they understand. Don’t kid yourself that Labour will be better, because they won’t. They are just another bunch of ideologically bereft careerists like this lot. Link to comment Share on other sites More sharing options...
wednesday1 Posted August 1, 2012 Author Share Posted August 1, 2012 the conomy does needs reblancing though, the countries that actually make stuff tend to be the best ones suited to growing, when tony balir decided to turn the uk into a giant corporation of offices selling crap no one wants but with a bit of commision he screwed up big time ! output tends to be weaker in recession or it wouldnt be recession would it ! sod it.......... damn tories, bet they all have shares in uk loses billions.com, nasty tories etc etc etc Of course the economy needs rebalancing in favour of manufacturing, nobody is in dispute about this. Not sure about the Blair stuff, it was the Cons who closed and undermined our manufacturing industries in '80's, in favour of the financial services and loook where that has got us. New Labour did nothing to redress the balance either, they too were in awe of the City. Anyway let's draw a line under all that. The weak pound means that we are able to supply what exports we are still able to make to much of the world at a significant discount. What I am saying is what are the ConDems actually doing to encourage industry to expand and build new capacity? Link to comment Share on other sites More sharing options...
wednesday1 Posted August 1, 2012 Author Share Posted August 1, 2012 Nope, that Osborn bloke is just winging it, he has not got a scooby doo. So it would seem somebody labelled him the 'work experience Chancellor' he seems to be doing little to convince us that he is anything but. Link to comment Share on other sites More sharing options...
fake Posted August 1, 2012 Share Posted August 1, 2012 Its not very surprising is it. Quote chem1st "There is more chance of a civil war than an economic recovery." I agree. We are over-saturated with goods and most now have a PC, Mobile, HD TV etc so unless something new is invented that uses manual labour instead of automation economies wont change. The key is in creating jobs and they cant create enough to make any difference. Link to comment Share on other sites More sharing options...
truman Posted August 1, 2012 Share Posted August 1, 2012 The key is in creating jobs and they cant create enough to make any difference. Hasn't unemployment fallen recently? Link to comment Share on other sites More sharing options...
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