Posted by Andy Carruthers on 30/05/2018 16:48:07:
Sorry Mick, I don't see the relevance of your comment, in no way am I looking down on anyone
Edit – Ahh I see, you have equated my paraphrase of Adam Smith as demeaning in some way to coal miners – not true, was more a reflection of Duncan's post. If coal can be bought cheaper than "we" can mine locally, why would it make sense to persist with mining?, it's an economic argument, not a slight against coal miners
Edited By Andy Carruthers on 30/05/2018 16:51:00
I was told many years ago to forget trying to understand politics & to concentrate on trying to understand economics.
The two are combined, don't you think?
No. They most certainly are not. We, the people, are supposed to drive politics & deep down we know this to be untrue. Economics is driven by something we do not understand, by people we do not know.
If you think that there is an economic argument to shut down an industry, to throw 1000's on the dole, then you do not understand economics.
The state of our railways is currently very much in vogue. You will not & you cannot get the truth from your MSM of choice. You need to grab hold of the next railway employee you meet on the platform & hope that they are eloquent enuff to sum it up for you. You may have already formed your opinion on the current state of our railways & you are most certainly wrong.
Our railways can never make a profit in their own right & they should never be pressured to do so. Their profit should come from the benefits they bring to the economy as a whole.