In a world where it seems that the Dollar is going up and down like a fiddler’s elbow, is the UK’s coalition government good for the economy? It appears it is, I am getting more and more enquiries for overseas work, in fact more in the last 6 weeks than I have had in the last 4 years. It also seems to have stimulated the white goods market, and also heralded another price drop on the IT front, with some components now up to 25% cheaper than they were 6 months ago. That has brought on a new wave of sales in what was a stagnant market place. But I still find it hard to understand why most of the world does trade paid for in Dollars. Historically the dollar it is the most unstable currency in the world, probably better for everyone to use the Euro or Pounds Sterling instead, even for our Asian based suppliers!
That brings me on to the World Cup. Love football or hate it, millions of £s and $s are being spent on it. Shops, mobile phone companies and even banks are offering money back to their customers “IF” England scores a goal or even wins this year. A pretty safe bet for them, seeing as England last won it in 1966! Are our boys really worth all this hype (and their salary)? Today you will see nearly every other car flying England flags, which will be tossed in the bin in a few days time and win or lose the footballers still get over paid for their 6 weeks stint. I say to the England squad, if you don’t win the game, you don’t get paid for it, that would give them a little more incentive to win! All the time footballers get 20k just for getting on the bus to go to a match……
Then we have the Olympics 2012, again millions over budget and why? For most of us no real gain either. Even some of the work needed is being farmed out to other countries!!!
Time for a sporting rethink, yeah it’s great we compete, and for many of the real athletes out there, living on a tight budget, a bit of fame and reward if they get a gold or silver medal, but all too short lived for them and at what cost to the country and us? Most of the workers in the UK have had suffered redundancies or pay freezes. Many who lost their jobs can’t get back into work due to the stale recruitment market. I can’t see how we can get this investment in the Olympics back, even if it is hired out to the locals as a new amenity later, most can’t afford to use it, if they are on the dole. I have also heard that local hotels have been forced blocked booked at governmental fixed rates to facilitate visiting sporting personnel, in some cases at less than half the normal cost of a room, that’s not good for local economy.
I feel all this money should have been re-invested in our business markets instead. Get the UK back on it’s feet, people back in jobs. If the money spent on just the 2012 Olympics had been used to reduce the commercial rates on new shops and businesses, reduce their TAX liability for the first 3 years, long-term jobs would have been created and secured.
Don’t get me wrong, I love all sports, but in the good old days of footballers working “Down Pit” for 10 hours a day, 7 days a week and having to take time off unpaid to train or play matches in their baggy shorts and hobnail boots was the days of real football. All we have now are Pop/Movie star types, overpaid and doing Jack for the good name of sportsmanship or the sport.