Dave says "Re-shoring" key to West's economic recovery

[Troll]

British Prime Minister David Cameron was on Friday to insist that the "re-shoring" of jobs from countries such as India and China could be a key factor in spurring European economic growth.

Cameron is due to tell the World Economic Forum being held in the Swiss town of Davos that Britain hopes to be at the forefront of attempts to bring back jobs that have moved East in recent years due to wage pressures.

Hmmm more hot air? - but I had heard LTSB were bringing their IT back onshore - can anyone confirm?

[scooterscot]

That's the good news.

The bad news is that we're going to compete on wage rates.

We should try competing on quality instead.

[original PM]

Oh look I have just sh!t something



on closer inspection it is bobcode

[CheeseSlice]

The Telegraph has an article about this. It begins with bold statements about the economic benefits of re-shoring, then pours a decent bit of cold water over any promise of mass re-shoring, then.... towards the bottom of the article there's a rather odd bit about energy and then 'fracking' and how the two somehow go hand in hand. Very weird!

Something smells bad here

[MicrosoftBob]

That's the good news.

The bad news is that we're going to compete on wage rates.

That's already happening in America

[vetran]

We should try competing on quality instead.

When the business is capable of recognising quality then that may happen. They see 'they cost a third or a fifth of what UK resources do' I CAN GET A BONUS FOR COST SAVINGS.

As is often bemoaned on here most people buy cheap Chinese Tat, the stuff we made in the UK failed to compete frequently on price. Who do you think buys the tat?

[scooterscot]

Who do you think buys the tat?

People with no sense of value.

[vetran]

People with no sense of value.

frequently known as managers.

[scooterscot]

frequently known as managers.

And who employs the managers?

[tomtomagain]

frequently known as managers.

Management structures are self-preserving. You may have noticed but we outsourced most of the workers but kept the management.

Dave C. is talking about the re-shoring of physical stuff. Not the re-shoring of IT development.

And I don't believe that bringing the making of stuff "home" is likely to create as many jobs as people imagine. The level of automation used will eliminate the requirement for a large workforce.