Tim Worstall

It is all obvious or trivial except…

 

 

Quick question

September 5th, 2009 · 4 Comments

Shell will announce the next stage of its global restructuring on Monday, which will result in thousands more job losses.

If “creating jobs” is a good thing, if “protecting jobs” is a good thing, why aren’t we subsidising Shell?

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Tags: Economics

4 responses so far ↓

  • 1 Matthew // Sep 5, 2009 at 10:08 am

    I think you’re trying too hard here. Lots of people think jobs should be subsidised, so it doesn’t work.

  • 2 So Much For Subtlety // Sep 6, 2009 at 12:14 am

    More to the point, I have always wanted a butler. And I could do with a gardener as well. If creating jobs is a good thing, why doesn’t the Government pay me to hire a few?

  • 3 The Remittance Man // Sep 7, 2009 at 11:33 am

    I thought HMG was subsidising Shell.

    As we all know transactions need not be in monetary terms and Britain did exchange a chunk of national pride/reputation (and a cancer ridden spy) in return for oil concessions on Shell’s behalf.

  • 4 john b // Sep 8, 2009 at 2:11 pm

    Given the amount of UK tax Shell pays (“lots”), I think that was decent value for money on HMG’s part.

    (and frankly anyone who thinks less of the UK or of Scotland for releasing Megrahi is a twunt whose opinion we should ignore).

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