Monday, February 28, 2011

More Jobs Disappear Due to "Green" Jobs

This time, in the UK.

A study by consultants Verso Economics found there was a negative impact from the policy to promote the industry.

It said 3.7 jobs were lost for every one created in the UK as a whole and that political leaders needed to engage in "honest debate" about the issue.

As you might expect:

The Scottish government called the study "misleading" and said 60,000 jobs could be created by the sector by 2020.

Right-o. Taxing the daylights out of industry ALWAYS "creates" jobs. Many of them are moving firms who move the company out of the tax-zone to places like, say, PRChina.

HT: AmSpec

1 comment:

Ken said...



Since the invention of the lever, the wheel and all the machinery and technology since then full employment is not a realistic government objective. The purpose of this equipment being - to eliminate work.

Most of this technology is a common heritage and everyone should be profiting by it. Consider the country a corporation. People born in the country are shareholders of the corporation and, as such, entitled to a dividend on those shares whether they are working or not. The amount of this dividend would depend on the total dometic product (GDP or GNP).

This would end welfare and unemployment insurance and the money thus distributed would keep the economy going.