Disgruntledgoat wrote:
Is this the first ever example of a bloke wanting to get out of rugby to go down a pit rather than vice versa?
Hard economic sense, when there are large scale redundancies in a old declining industry you move to look for jobs in a modern expanding sector.
East Asian countries like China, Japan and South Korea have a large demand for coal and iron ore imports and Australia has tapped this market making large scale exports every year to these countries.
The problem with the UK is you have vested interests in declining sectors like banking and financial services expecting the taxpayer to prop them up rather than face up to the fact these industries are in decline.
What we need is a modern day version of Mrs Thatcher to get the economy by the scruff of its neck and say no more subsidies for these industries that can't stand up for themselves, instead we should be focusing on the industries of the future like coal mining. I know you will get bankers etc bleating about "losing jobs" but why should the taxpayer pay them benefits....they can retrain for the new industries and learn to work down the pit.
The UK has 1000 years worth of coal under its soil so why not tap this export market?
As Ben Jeffries is showing if you don't offer the right incentives to highly skilled workers they will simply go overseas.