Moderator: Peak Moderation
At least 20,000 jobs have been created to deal with claims over mis-sold payment protection insurance (PPI), employment group Manpower has said.
These were jobs created by big banks, it said, and did not take into account those created by companies that act as middlemen for claimants.
Empty, pointless jobs doing nothing but moving plastic money around. Nothing useful being created, no value being added, no asset being developed.
True, but my concern is that the creation of the 20,000 plus jobs is presented in a positive light ("oh, we've created 20,000 jobs from the PPI problem, everything must be OK then!") and, as Ken said, the activity counts towards GDP. Also, much of the activity is being driven by organisations that are operating purely out of self-interest, with no concern for the welfare of the wronged account-holders, or even for calling the banks to account.Catweazle wrote:Surely any activity that involves getting money from the banks back into the hands of ordinary people can't be all bad ?
Here's an interesting place next to my son's flat in Inverness. They run an open workshop in which you can borrow a hoist, space and tools to fix your bike, along with free courses. You have to sign up as a member, but it's free. There's always someone on hand to give advice, and the attached cafe has become a bit of a hub (pardon the pun) for local cycling groups and clubs.clv101 wrote:Indeed Tarrel. Far too many engaged in pointless virtual activities that only exist as a result of the complex beast we've created. Complexity's going to be the death of us.
I and one other spent three hours earlier this week repairing bicycles. We serviced 21 in total; replaced brake blocks, gear cables, a crank, tuned gears, pumped tyres, tightened headsets, reattached mudguards. Useful work that made a real difference to lots of people getting around Bristol. We need more bicycle mechanics.
Yeah, I've heard of this place. I'll try and drop by next time we're in Inverness. We have a similar thing forming in Bristol: http://www.rollforthesoul.org/Tarrel wrote:Here's an interesting place next to my son's flat in Inverness. They run an open workshop in which you can borrow a hoist, space and tools to fix your bike, along with free courses. You have to sign up as a member, but it's free. There's always someone on hand to give advice, and the attached cafe has become a bit of a hub (pardon the pun) for local cycling groups and clubs.clv101 wrote:Indeed Tarrel. Far too many engaged in pointless virtual activities that only exist as a result of the complex beast we've created. Complexity's going to be the death of us.
I and one other spent three hours earlier this week repairing bicycles. We serviced 21 in total; replaced brake blocks, gear cables, a crank, tuned gears, pumped tyres, tightened headsets, reattached mudguards. Useful work that made a real difference to lots of people getting around Bristol. We need more bicycle mechanics.
www.velocitylove.co.uk
) or passing by their offices.QE the money directly into people's bank accounts?Catweazle wrote:Surely any activity that involves getting money from the banks back into the hands of ordinary people can't be all bad ?
