It seems that jobs are disappearing at an increasing rate. Not only going offshore, (such as call centres, heavy manufacturing and much IT development), but also due to automation. Unfortunately, as we live longer, and as a consequence of that new ageing profile, we seek pension support for longer. To achieve this support, we need to be creating more jobs at the tax payers end, rather than losing them!
Unless in some miraculous ways, technology comes to the rescue, we are in for a crunch time with significantly declining living standards, somewhere later this century.
While ‘thought bubble’ tactics such as reducing business tax, or changing the retirement age, are routinely floated, then, try as I might, I can find no overall national strategy that stands scrutiny, and which will give me any confidence that we will overcome the steadily rising threats to our well being in the years ahead.
A national non-partisan ‘future economy’ planning commission or other,may be worth considering.