Monday 12 July 2010

Enterprise? Don't make me laugh

I see that Scottish Enterprise (sic) is to get rid of 20 "bosses".

Here's the explanation:

“These changes are about ensuring we can respond faster and more effectively to the opportunities to transform Scotland’s economy. By reducing the number of directors and removing internal management layers, we can speed up decision- making, react more quickly to what our customers are telling us and deliver projects and support that are focused on the big issues facing Scottish companies.”
Here's an idea. Why not get rid of the whole of Scottish Enterprise?

Have a look at their Business Plan. This organisation is costing us £276.9 million in the current financial year. I see that total expenditure is classified as "TOTAL CASH INVESTMENT". In other words they are describing all expenditure as investment. That alone disqualifies this organisation from serious consideration. Scottish Enterprise should be abolished immediately and the savings used to cut business taxation.

1 comment:

David Farrer said...

Comments made os previous template:

Colin Finlay
It is surely a blinding flash of the obvious, DF, that the East Asians have long since eschewed the possibility of emulating the West's culturally Marxist and suicidally insane welfare states. 
 The sensible neo - mercantilism of a rising East Asia is a major driver of perpetually intractable US (and other Western) trade deficits. The only people who believe in the Free Trade myth do not care what happens to the West.

20 July 2010, 10:15:34 GMT+01:00
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David Farrer
The "pragmatic" policies of China include a determination not to destroy its people's work ethic by means of an all-powerful welfare state. 
I recall reading an internet post by a Canadian aircraft engineer sent to work in a Chinese factory way out in the boonies. He got to know the local academics and was intrigued by their economic ideas. These provincial Chinese had studied all the great Austrian economists (Mises, Hayek, Rothbard etc) and had become converts. The Canadian had only been taught a bit of Keynesianism at university back home. When he returned to Canada he adopted his new-found Austrianism to investing and retired in his forties...

19 July 2010, 22:01:22 GMT+01:00
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Colin Finlay
If, DF, you fondly imagine that State Capitalism or even its lesser sibling, State - sponsored capitalism, per se, is linked to the sort of economic failure to which we Scots have sadly become accustomed then I invite you consider the pragmatic policies of South Korea, Japan and Singapore - not to mention China.

16 July 2010, 06:23:13 GMT+01:00