David Cameron today has announced that he is 'fighting' for economic growth. Well that took two years, where was the fight before today. Well there actually be any fight beyond words. I'm doubting any action occurring.
The truth is there is no direction with the economy. George Osbourne announced his plans today. The infrastructure boost he claims will involve building on green belt areas and no new tax cuts. In other words, tax the poor the same whilst harming the environment, even though there are plenty of brown belt areas to build on.
So where are we heading? Truth is to nowhere. The economy will keep slipping because nobody has any money to spend. The country isn't exporting enough, in fact the exports were significantly lower in July than they were in the previous July. Typically a good export month.
So how would I get the economy going again? Simple. Instead of using quantitive easing to essentially have more money sitting in bank pockets. Instead of spending money on infrastructure that's costing more than it's worth. Why not invest in the people?
Crazy is it? People are born with curiosity and ideas. Britain needs to be exporting again and to export again we need new ideas. Instead of building a new high speed railway, the government could be investing in the next big idea that exports to the world.
But these are what the banks are for right? Yes, but are they doing it? No. The banks have failed to deliver in loans. Ideas are being lost because of this. Dreams shattered. Manufacturers are packing up and heading east leaving a trail of dust behind. The future is only bleak when the mind becomes bleak. Lets get creative.
This new concept can all start in the schools and universities. Lets inspire a generation to create. Creations make exports. An economy run on services was failed before it started. Money is made in a global market and for that we need to offer the world something.
Truth is Britain already has products that the world would enjoy, but doesn't allow them to succeed. Marmalade anyone? How about Worcester Sauce? How about all those fantastic beers and ales? Lets invest in these, lets share them to the world and help our economy.
But we don't have the people in government to do this. Investing money where you'll get it back isn't what this coalition is about. They want to watch our money sink until it's gone. Time to shape our economy ourselves.
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