The "Blairite" MP, Lindsay Hoyle, as called on the Government to interfere with the milk market and attempt to impose a minimum price per litre that the supermarket should pay farmers. The reason it is argued is classic protectionism against cheap Polish milk. How quaintly 1970ish!
I'm a bit surprised that five Tory MPs signed the motion as well, I;m going to presume thats because they have a few farmers in their constitutency. The bottom line though is that the market decides the price, not politicians. Government should not go around setting minimum prices for goods in order to protect its markets from competition. Competition is good, the trick is to evolve and cope.
4 comments:
Government should not go around setting minimum prices for goods
That goes for Labour markets as well.
In this particular case the Polish farmers have two choices, sell us milk or move here :)
Sorry, but aren't we in the EUssr where there's free movement of goods, services and people?
EU No Thanks
Government should not go around setting minimum prices for goods in order to protect its markets from competition. Competition is good
Since when?
Since when is it good that 1 million manufacturing jobs have been lost?
Since when is it good that we have to import cars because all our car companies have went out of business?
Since when is it good that call centre jobs are being outsourced to India?
Since when is it good that clothing manufacturers are being outsourced to China?
Will it be good when we have to rely on foreign countries for our products because our companies can't compete?
How is any of that good?
To be an independent country we must be able to be self sufficient and competition harms our self sufficiency unless it is British competition.
The only time I would be ok with foreign competition is if our businesses could actually compete but how are you supposed to compete with places like Poland when labour costs are less than half of what they are here?
Socialism in one country! How quaint.
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