Heard about the plan for manufacturing?

October 6th, 2011

As the party conference ends, with an air of unreality which lifts the divide between politicians and people to new unheard-of levels (which takes some doing), there has been one extraordinary omission from all the babble of the last 3 weeks which takes the breath away about the state we’re in.   Everyone, including the Tories, proclaim we need growth, but just prodding the private sector to produce it is like pushing a piece of string when there’s a lack of demand to pull it.   That’s why a public sector-driven jobs and growth strategy is urgently needed to inject new economic activity when the private sector is contracting, and to do so on a sufficient scale to achieve the turnaround to set the economy on a sustainable recovery course.   But how then would that sustainable revival take place? (more…)