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Miliband booed after telling marchers Labour wouldn't reverse spending cuts


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By stop subsiding big business, like the Transport companies or Energy companies. And then when they more likely go into administration, pick them up, and rebuild them with as co-operatives. Nationalisation nor privatisation worked, lets give cooperatives a try.

 

Why do our governments insist on cuts to the people, but not to big business?

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By stop subsiding big business, like the Transport companies or Energy companies. And then when they more likely go into administration, pick them up, and rebuild them with as co-operatives. Nationalisation nor privatisation worked, lets give cooperatives a try.

 

Why do our governments insist on cuts to the people, but not to big business?[/QUOTE]

 

See the bold, because the Government believe if they leave big business alone they will create more jobs, more chance of the Pope pulling Cheryl Cole/Tweedy methinks.

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Look to the Far East what they have done. Forget mines and steelworks the money lies in the Internet and computers we could make them and sell them on the World market. Britain should look at niche markets and find something that no one else makes. Trade with the Commonwealth more the EU less the Far East markets are worth a try.Its a case of trail and error.

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Look to the Far East what they have done. Forget mines and steelworks the money lies in the Internet and computers we could make them and sell them on the World market. Britain should look at niche markets and find something that no one else makes. Trade with the Commonwealth more the EU less the Far East markets are worth a try.Its a case of trail and error.

 

We could not produce things as cheaply as the Far East (unless of course you want to start getting rid of minimum wage, etc) so selling to the Far East becomes extremely difficult. Why would the commonwealth buy from us when they can buy cheaper elsewhere?

We try producing something for a niche market...then the Far East copies it and makes it cheaper. No sales again.

 

You can't rebuild confidence or a country on 'trial & error'. What else do you suggest?

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We could not produce things as cheaply as the Far East (unless of course you want to start getting rid of minimum wage, etc) so selling to the Far East becomes extremely difficult. Why would the commonwealth buy from us when they can buy cheaper elsewhere?

We try producing something for a niche market...then the Far East copies it and makes it cheaper. No sales again.

 

You can't rebuild confidence or a country on 'trial & error'. What else do you suggest?

 

Japan has higher wages than we do. A lot of technology products are produced on very automated lines, wages are a small fraction of the costs. The advantage they have is most of the supply chain is based there because they didn't kill off their tech sector in the 80s, like we did. A factory building consumer electrical products in the UK would have to import a lot of components from the far east.

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So we just sit back and do nothing then? Trying is better than doing nothing.

 

No, I'm just saying, it'd require a lot of government investment to do almost anything. The private sector wont invest in manufacturing in this country because they already have their factories in the far east & they rely on all the other factories there to produce the parts they use. It just wouldn't make sense for any private investor to build big high tech factories on the other side of the world to everything else, unless there was some advantage for them to locate in the UK.

 

Thailand used to build most of the world's computer hard drives (before all the factories got flooded), they had to use government investment & big tax breaks to encourage hard drive manufacturing to move there from China & other parts of the far east.

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Japan has higher wages than we do. A lot of technology products are produced on very automated lines, wages are a small fraction of the costs. The advantage they have is most of the supply chain is based there because they didn't kill off their tech sector in the 80s, like we did. A factory building consumer electrical products in the UK would have to import a lot of components from the far east.

 

In March this year the average monthly salary in the UK (using US$ as a basis) was US$3,065 whilst in Japan it was US$2,522.

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In March this year the average monthly salary in the UK (using US$ as a basis) was US$3,065 whilst in Japan it was US$2,522.

 

That could be influenced by the large financial sector here, you'd need to compare salaries for specific (manufacturing related) jobs to get a fair comparison.

 

Anyway, it's not a huge difference, it's not like they earn less than our minimum wage.

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