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EDDIE I'm only saying that it is going to cost us a fortune anyway and I would rather spend my taxes on keeping it going and people in employment.
I'm not an economist, but you can't calculate the loss in desolation, devastion, demoralisation which this is going to cost the country. There is no calculation possible of the cost of losing self-sufficiency.
I don't know enough to enter into an argument with you. I'm not a rabid socialist (ask mikey!) this just seems very, very wrong and myopic to me.
I'm not an economist, but you can't calculate the loss in desolation, devastion, demoralisation which this is going to cost the country. There is no calculation possible of the cost of losing self-sufficiency.
I don't know enough to enter into an argument with you. I'm not a rabid socialist (ask mikey!) this just seems very, very wrong and myopic to me.
Brenda - //To blame market forces for the problem is insulting , to the workforce. In my view problems such as this are caused by the inherent greed of multi - national companies seeking the big dollar. //
Brenda - 'seeking the big dollar' is a definition of market forces!
Companies will buy as cheaply as they can and sell as dearly as they can - that is how business works.
It has nothing to do with 'insulting' anyone - it comes down to where the world can get steel cheaply, and it's not Redcar.
Brenda - 'seeking the big dollar' is a definition of market forces!
Companies will buy as cheaply as they can and sell as dearly as they can - that is how business works.
It has nothing to do with 'insulting' anyone - it comes down to where the world can get steel cheaply, and it's not Redcar.
Eddie...the coal to make steel most certainly doesn't need to be imported !
We have ample reserves of coal....its the political will to employ people to dig it out that we lack, not the mineral itself. Successive governments would rather import coal from Perth, Australia and let our own workers languish on the Dole.
We import unemployment, along with the coal, and its a ruddy disgrace !
We have ample reserves of coal....its the political will to employ people to dig it out that we lack, not the mineral itself. Successive governments would rather import coal from Perth, Australia and let our own workers languish on the Dole.
We import unemployment, along with the coal, and its a ruddy disgrace !
Thanks Eddie !
I am aware that some of our coal is expensive to bring to the surface, but not all. For example, they have been talking about the Margam Super Pit where I live in South Wales for many years. There are humongous reserves of coal there, and not that far from the surface.
But this argument about the cheapness of foreign coal is not as simple as you make out. One of the reasons that it appears to be cheaper to import coal from the other side of the planet is that the end-users here in Britain don't have to pay the huge cost of the social deprivation that results from importing unemployment.
If the power stations had to pay for all the unemployment benefits of the sacked miners, together with all the other benefits needed to replace the lost wages, perhaps that cheap coal wouldn't be so cheap after all !
The burden on the already overstretched benefits budget has to be paid by someone, and that someone is you and I and every other taxpayer.
But I concede that in the case of Redcar, the Government had its hands tied somewhat. But the repercussions from shutting down the steel works will be felt for generations to come, in an area that already has huge social problems.
I am aware that some of our coal is expensive to bring to the surface, but not all. For example, they have been talking about the Margam Super Pit where I live in South Wales for many years. There are humongous reserves of coal there, and not that far from the surface.
But this argument about the cheapness of foreign coal is not as simple as you make out. One of the reasons that it appears to be cheaper to import coal from the other side of the planet is that the end-users here in Britain don't have to pay the huge cost of the social deprivation that results from importing unemployment.
If the power stations had to pay for all the unemployment benefits of the sacked miners, together with all the other benefits needed to replace the lost wages, perhaps that cheap coal wouldn't be so cheap after all !
The burden on the already overstretched benefits budget has to be paid by someone, and that someone is you and I and every other taxpayer.
But I concede that in the case of Redcar, the Government had its hands tied somewhat. But the repercussions from shutting down the steel works will be felt for generations to come, in an area that already has huge social problems.
Gone into liquidation now.
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There maybe some hope now.
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