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Saturday, 17 October 2015

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The workers, cradled to some extent by our welfare system, will eventually drift off into other jobs where their labours will result in products that people actually want. In the meantime, if the Chinese wish to flood the markets with steel produced at 'coolie'- level wages, that's fine by me, not least because the things of which steel forms a part will be that much cheaper.

Blimey, that's a rosy view of things - you must be having a good day! More likely is that the workers will need a bit more cradling, and will be less than 100% successful in finding those other jobs. Meanwhile, the Chinese stuff will certainly cost less, but what you save will be offset by tax.

But here's hoping!

There is another element in the farce. The ambition of our wonderful government to change the global climate by dint of making our 'leccy expensive and unreliable, thus forcing any industry that relies on less expensive and more reliable energy supplies to up sticks and leg it to pastures new. Like China or India.

There is another ironic twist which is that Tata, the Indian firm that's closing it's steelworks here, was once run by Rajendra, 'the randy railway engineer', Pachauri who was the chairman of the IPCC* and thus reaponsible for our wonderful governments desire to out Cnut Cnut.

*Until he 'resigned' for having his hand somewhere he shouldn't have. (i.e. not in the till.)


"We do not and cannot accept the principle that incompetence justifies dismissal. That is victimisation."

Good old Fred Kite - he should have been a banker.

UP THE WORKERS!!!

Well, 'W', death and taxes are unavoidable but even so, other great industries have closed down over the years and yet new ones come in to take their place.

Yes indeed, Kevin, dear old Pachi is sadly missed, he added so much to the gaiety of the 'Warmer' movement.

Good point, Uncle Mort.

Indeed so, Andra, right up!

This is a regularly scheduled test of the Archivist network.

http://duffandnonsense.typepad.com/duff_nonsense/2012/07/jk-comes-up-trumps.html

David, we do need to retain a steel making capacity. What would we do in a time of war (a serious war). Who would we turn to! CHINA.

Well Duffers. I have a sort of atavistic affection for heavy industry and while I subscribe wholeheartedly to free markets I greatly regret seeing plants like Redcar shut down.

There is massive disruption for thousands of famlies, massive costs to the tax payer during the relocation phase which may last decades, and always the nagging question of whether it is really uncompetitive orcwhether it is government and trade union action that has made it so via excessive wage increases, resistance to initiatives to improve productivity, excessive health and safety and other heavy handed regulation, the high energy costs caused by the governments insane energy policies and high taxes,

I strongly suspect that in a well governed Uk Redcar would not need to shut down.

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