Thursday, 7 May 2015

At the car wash

Getting your car washed provides one of the more powerful insights into the actual state of the current UK economy.Before the crash, the car wash machine (or a hosepipe) was king. Now? Migrants or latterly British people armed with chammies rule the roost, offering minimum wage (if that) personal valeting services.

So yes, the UK has low unemployment, but not in a healthy way. Despite borrowing costs being held at historic lows, businesses are continuing to choose cheap, "flexible" labour over capital investment, with productivity down the toilet as a result. Its just one of the realities I think contributed to Scotland's electoral rejection of a broken, self-serving and incompetent status quo.

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