There has been some debate in the Media recently about buying British products as a way of reducing the impact of the recession & preserving British jobs; so is this a good idea ?
We live in a Capitalist society (whether we like that or not) based on competition. The consumer has a free choice of which products to buy or not to buy & we tend to seek good value for money, regardless of origin. As a consequence we are pretty good at identifying products which deliver most “bang for the buck”.
In the 1970′s most of our Electronic products originated in Japan. Some people complained this wasn’t fair to British manufacturers but consumers continued to buy Japanese products because they were better quality and hence better value for money.
Now most of our electronic products are manufactured in China or Korea & people buy them because they are cheaper & better quality than their Japanese counterparts.
Jaguar Land Rover has been in the News recently because sales are up over 30% compared to last year, is this because these products are manufactured in Britain or because they are of exceptional quality and, though expensive, represent good value for money.
Over time products evolve and the companies which make them either grow – & their shareholders get richer or, if their products deteriorate the company shrinks, the shareholders lose money & eventually the company is bust.
So, in the long run, is the best way to preserve British jobs to buy inferior goods just because they are British or to buy the best value products whatever their origin & ensure quality increases & the fittest survive ?
chris@projectsguru.co.uk
2012 has been a pretty miserable year with freakish weather on both sides of the Atlantic, in the U.K the highest rainfall since records began saw people washed out of house and home and businesses ruined. In the USA Hurricane Sandy battered the East Coast and several lives were lost, homes ruined & businesses destroyed.
transfer from Analogue to Digital in all regions of the UK. This has involved:-
On 4th July 1776 the 13 American Colonies declared their independence from the British Crown & established the United States of America by publishing the Declaration of Independence.
Recent data from the IMF supports the view that China and Africa are becoming increasingly entwined as trading partners as China exploits the vast mineral and material wealth of the African continent in return for Capital Investment, machinery and technological know how.
Whilst the U.S and Europe have been mired in recession the Chinese rescue package has ensured that growth in that country continues at a rate of around 10%.
Today in the UK all flights are grounded as a dark cloud spreads across the evening sky blotting out the light. We’re not talking about the Ash cloud eminating from an Icelandic volcanoe but the dark cloud of our first Television debate involving the Prime Minister Gordon Brown, Leader of the opposition David Cameron and another Public schoolboy representing the Lib Dems.
inform debate. In fact it will further stifle true discussion and replace it with endless microscopic analysis of our leaders “performance”, mannerisms and ticks.