Read the Beforeitsnews.com story here. Advertise at Before It's News here.

By Coppola Comment
Contributor profile | More stories

Story Views
Now:
Last hour:
Last 24 hours:
Total:

Why the Tories' "put people to work" growth strategy has failed

Tuesday, June 4, 2024 8:08

% of readers think this story is Fact. Add your two cents.

What do you do when your economy is in the doldrums and you need to kickstart growth?

Why, you put more people to work, that’s what you do.

This has been the Tories’ strategy since 2010. The sustained attack on welfare benefits has all been focused on “making work pay” – encouraging, and at the margin forcing, people with illnesses, disabilities and caring responsibilities into paid work.

But there is another way of putting more people to work, and that is to import them. In a new report, the centre-right CPS thinktank says that importing people to kickstart growth has been the unspoken strategy of successive governments since 1997. And it argues that the strategy has manifestly failed.

In my latest Substack piece, I examine the reasons the report advances for this failure, and conclude that the “put more people to work” strategy has not failed. It has in fact compensated to some degree for the catastrophic failure of innovation, capital investment and productivity since the 2008 financial crisis.

The real problem is a structural shift in the UK economy since the 2008 financial crisis that has rendered it reliant on ever-greater numbers of people doing ever more work. The UK’s demographics make such an economy unsustainable. That’s what present and future policymakers need to address.

Read my whole piece here.

Source: https://www.coppolacomment.com/2024/06/why-tories-put-people-to-work-growth.html

Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world.

Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.

"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.

Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world. Anyone can join. Anyone can contribute. Anyone can become informed about their world. "United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.

LION'S MANE PRODUCT

Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules

Mushrooms are having a moment. One fabulous fungus in particular, lion’s mane, may help improve memory, depression and anxiety symptoms. They are also an excellent source of nutrients that show promise as a therapy for dementia, and other neurodegenerative diseases. If you’re living with anxiety or depression, you may be curious about all the therapy options out there — including the natural ones.Our Lion’s Mane WHOLE MIND Nootropic Blend has been formulated to utilize the potency of Lion’s mane but also include the benefits of four other Highly Beneficial Mushrooms. Synergistically, they work together to Build your health through improving cognitive function and immunity regardless of your age. Our Nootropic not only improves your Cognitive Function and Activates your Immune System, but it benefits growth of Essential Gut Flora, further enhancing your Vitality.

Our Formula includes: Lion’s Mane Mushrooms which Increase Brain Power through nerve growth, lessen anxiety, reduce depression, and improve concentration. Its an excellent adaptogen, promotes sleep and improves immunity. Shiitake Mushrooms which Fight cancer cells and infectious disease, boost the immune system, promotes brain function, and serves as a source of B vitamins. Maitake Mushrooms which regulate blood sugar levels of diabetics, reduce hypertension and boosts the immune system. Reishi Mushrooms which Fight inflammation, liver disease, fatigue, tumor growth and cancer. They Improve skin disorders and soothes digestive problems, stomach ulcers and leaky gut syndrome. Chaga Mushrooms which have anti-aging effects, boost immune function, improve stamina and athletic performance, even act as a natural aphrodisiac, fighting diabetes and improving liver function. Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules Today. Be 100% Satisfied or Receive a Full Money Back Guarantee. Order Yours Today by Following This Link.

Comments

Visits:	1,706,251,881
Stories:	8,445,023