Quote:
Originally Posted by Gordon Booth
Osborne is borrowing more money each month just to pay our way!
So we'll have to borrow the £33 billion as well.
It will only create 9000 jobs to build it, no one is saying the contracts will go to British companies employing British workers. The multi billion order for rolling stock went to Siemens in Germany so no guarantees. Still, it'll keep 9000 Romanians occupied!
The other 31,000 jobs it will create will be in running it and servicing it so no export wealth will be created, just more service jobs.
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Service jobs would be better than nothing ... but not much. If, as I think you are suggesting, the project could make work for British firms, employing British workers, it might not be all that bad of a deal. Do you think it possible that money injected into Briitish companies might create a longer lasting benefit, with these companies manufacturing and exporting real "stuff" like locomotives and rolling stock, and related technologies? With jobs created and spin-off benefits, the borrowing of the 33 billion could be seen as an investment.
But for some reason, I don't think this is what your tories have in mind.
