Sunday, May 22, 2011

UK crisis

Vince Cable says "we have had a very, very profound crisis which is going to take a long time to dig out of".

IMO: He is clearly right and much of the rest of his Guardian article is right too, I've been saying this ever since the Tories were elected and started their incompetent planning. Not to suggest Labor would have done better. probably worse.

Mr. Ratan Tata has his views... "It’s a work-ethic issue. In my experience, in both Corus and JLR, nobody is willing to go the extra mile, nobody..... in his native India,  he said: “If you are in a crisis, if it means working to midnight, you would do it. The worker in JLR seems to be willing to do that; the management is not.”

So 8% of Tata's UK workforce are being cut. The capitalists are ruining the UK.

IMO: Perhaps it is the capitalist's turn. When Labor ran the place, the labor force (and of course the bankers) ruined the UK. It is a simple fact that none of them may want to do any work, basically, and think the world owes them a living. Well the world is not accepting that fate nowadays.

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