tag:blogger.com,1999:blog-32841798.post2344536580108518879..comments2024-03-28T22:45:51.014+00:00Comments on Capitalists@Work: Unemployment no worse for now.CityUnslickerhttp://www.blogger.com/profile/15929544047783163175noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-32841798.post-44822499342840821762009-10-15T14:34:13.825+01:002009-10-15T14:34:13.825+01:00Part time everywhere Elby. That's part of what...Part time everywhere Elby. That's part of what the looming postal strike is about. Full time work but on part- time contracts.<br /><br />JH: A long while back we made a joke that mandy would say "Things are really looking up now" and if questioned on this he would say "well things are getting worse a lot less quickly than before."<br />Little did we think this would become a standard answer.<br /><br />Philipa: Happy birthday!<br />The hole in the finances has to be filled. Those of us who remember the Thatcher years will remember what happens. Everyone suffers. Business has to pay more to support those without jobs, that creates less jobs, that means more taxes to support the unemployed that --- etc.<br /><br />Armpit2004: The economy is the measure of the number of wealth creators and the number of others lying on their backs.<br />At the moment the measure is heavily weighted towards the latter.<br /><br />Mutleythedog.<br />Welcome back!<br />Digby Jones said today that the recession is over. Many people think this. Not that that means we are going to return to real growth anytime soon. See response to JH above.Bill Quango MPhttps://www.blogger.com/profile/14861116614665461655noreply@blogger.comtag:blogger.com,1999:blog-32841798.post-55959006922100192462009-10-15T10:12:25.885+01:002009-10-15T10:12:25.885+01:00I think you are right about the retail sector and ...I think you are right about the retail sector and part time jobs hiding unemployment at the moment. As far as I can see the idea of a 'recovery' is based on a return to cheap and easy credit... isn't that what started all this in the first place? Also - a high percentage of the population is uncreditworthy having never paid the old loans or being unemployed etc.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-32841798.post-78020615026076473722009-10-14T19:01:09.775+01:002009-10-14T19:01:09.775+01:00Just what is "The Economy"?
I think it i...Just what is "The Economy"?<br />I think it is, as are most things, a figment of some poor fevered imagination.<br />Basically we have wealth creators, and those who life off their backs. What is this economy thing?Armpit2004noreply@blogger.comtag:blogger.com,1999:blog-32841798.post-86409409303630273242009-10-14T17:59:06.799+01:002009-10-14T17:59:06.799+01:00Well the pound is down against the Euro and the do...Well the pound is down against the Euro and the dollar so that's supposed to be good for exports. Can't see that is going to benefit us much if the balance of export/import is tilted towards import. And it must be. We import cheap clothes and manufacturing largely assembles now doesn't it? How much of manufacturing is created from scratch here? Not much, if anything. Even farming is having a hard time.<br /><br />I don't see how the Tories plan or getting people back to work will succeed if:<br /><br />a) there are no jobs as Alan Tomlinson pointed out.<br /><br />b) EU regulation strangles business and the city.Philipahttps://www.blogger.com/profile/03440234602399886097noreply@blogger.comtag:blogger.com,1999:blog-32841798.post-35187650144800446372009-10-14T17:46:21.814+01:002009-10-14T17:46:21.814+01:00Bill, all that means is that the growth in it has ...Bill, all that means is that the growth in it has slowed. It's still growing though.James Highamhttps://www.blogger.com/profile/14525082702330365464noreply@blogger.comtag:blogger.com,1999:blog-32841798.post-2816212838011191252009-10-14T16:34:50.521+01:002009-10-14T16:34:50.521+01:00Bill,
The figures hide this, though
http://www....Bill,<br /><br />The figures hide this, though<br /><br /><br />http://www.telegraph.co.uk/finance/personalfinance/6326082/Number-of-workers-forced-to-go-part-time-jumps-by-250000.htmlElby the Beserkhttps://www.blogger.com/profile/15060519682739666145noreply@blogger.com