Anonymous 2 needed this 'Off the Record'

Mylando
There is no reason to end this thread, until positive action is done to encourage industry/manufacturing.
There are signs, that attitudes are changing.
The Jim McCall article in the FT-Call for Tax breaks for industry- as URL'd by Jeremy Bosk includes this statement.
Mr Cameron and other ministers have spoken out during the past year about the need to rebalance the economy to provide a bigger role for manufacturing, with less emphasis on services.
Are we moving away from SOS-Services Our Saviour?
I hope we are.
Lets keep banging away, until we get deeds not just words.

Prof Eman

Anonymous 2 needed this 'Off the Record'

Jeremy
Thank you for the above.
Dear all
The Independent on line-24/08/2011-Broke Britons put economic recovery at risk.
1922 committee of Tory MP's, subject to developing conditions is considering that "the time may be coming soon when targeted tax cuts which grow business and jobs may be required."
I hope that Mr McColls tax ideas and selective VAT reductions on FSB lines can be made to apply to industry/manufacture.
What do you think?

Prof Eman

Anonymous 2 needed this 'Off the Record'

To all the participants.
Would you like another summary and keep going with this thread, or start a sub thread such as -Services v
Manufacturing-Are services trying to drive us into Double dip recession?
Services like, utilities, Car insurance, which keep raising prices, improving their profits, but driving households into desperation and reduced spending, giving sickly economic growth if any.

Prof Eman

Anonymous 2 needed this 'Off the Record'

Moylando
The definition of a utility is something useful, a useful thing.
In Economics - the capacity of a commodity or service to satisfy some human want.
Services-An act of helpful activity or provision of utilities or commodities e.g water, gas, electrics, and other services like the bus service.
Are you therefore suggesting that car insurance is not a useful thing, has no utility?
With reference to cost I suggest you read Citywires -
Interactive:how car insurance has gone up for people like you AND
Has your car insurance renewal 'crashed' through the letter box box yet?
You must live in a different world for car insurance to most of us.
On my suggested thread, I note your comments and suggest the following-
Services v Making Stuff, which should we be promoting?
Can continuing cost shocks of some services lead us into a double dip recession? Stemming for example from increases in gas, electrics, car insurance, thereby reducing total demand for goods and services.
In simple terms, double dip recession is a recession followed by a short lived recovery, followed by another recession (often coused by a slow down in demand for goods and services because of lay offs and spending cut backs from previous downturn.
Usually a lot harder to get out of, which seems to be just round the corner.
I assure you it is more than an aliteration or soundbite.
Most individuals/businesses will experience it one way or another if it comes.

Prof Eman

Anonymous 2 needed this 'Off the Record'

Jeremy Bosk
I did not want to get involved in playing with words, but tried to clarify some of the issues raised by Moylando.
However the real main issue is a deteriorating UK economic performance in a deteriorating economic world.
Within that is the issue how best to come out of the present problems and avoid a double dip recession.
Hence the discussion about services and manufacturing based economies, and which way should we be heading now, services or manufacturing/industry way?
You yourself have suggested sub threads.
So are you in favour of a sub thread, or a summary and we continue with the discussion as is?
I have suggested a sub thread if that is the choice. Is it agreeable with you or do you want to make a modification or another suggestion.
I think that with double dip recession, ever nearer, this discussion is of major importance.
Hope yoour sciatica is easing.

Prof Eman