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by pjc50
12 days ago
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The point is that manufacturing is a relatively small part of both the economy and the job market; AND the popular view of manufacturing (large plant staffed by a large number of men being the dominant employer of a nearby town or city) doesn't look anything like the reality of modern manufacturing (small run boutique high value stuff like satellites and turbines, highly automated and professionalized, relatively small number of employees). This leads to stupid decisions like gutting the university sector, which is a major export industry. |
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Yes because the UK is overfinancialised to a ridiculous degree. It has deindustralised in doing so.
>This leads to stupid decisions like gutting the university sector, which is a major export industry.
I'd call it more of a major import industry. At the same time your doctors and such are leaving the country.
Besides, if these are so profitable why are they making the cuts you think? Is it that those degrees aren't exactly paying off in an economy that can't consist of HR departments and other PMC's?