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Other Hondas & General Topics => Off Topic (Non-Honda) => Topic started by: Jocko on November 24, 2017, 07:07:34 AM

Title: Productivity.
Post by: Jocko on November 24, 2017, 07:07:34 AM
I am getting on my high horse here, but once again the British media - and the BBC in particular - are feeding us fake news.
Today I was listening to the BBC reporter rambling on about why productivity is falling in the UK and rising in the rest of Europe. What kack. The announcement in the budget, by the chancellor, that production forecast will be reduced from 2% to 1.5% is not a FALL in production but a reduction in the forecast RISE in production.
If a man makes 1000 washers an hour now, and makes 1020/hr next year, that is a 2% rise. If he makes 1015/hr next year that is a 1.5% rise. Even if he still makes 1000/hr it is still not a drop in production. Only if he fails to make 1000/hr has production fallen.
The British media and the BBC continually dis the UK in whatever way they can. Journalists, for the most part, are a shower of ***kers.
Rant over for today.
Title: Re: Productivity.
Post by: sparky Paul on November 24, 2017, 11:12:01 AM
Productivity has been falling against an index of other nations.

They seem to think they have to present news in a way that your average numbskull can understand, even if that does make it factually incorrect.
Title: Re: Productivity.
Post by: Jocko on November 24, 2017, 03:45:11 PM
The way the media spins it is that the British work force is getting lazy and cannot be bothered working. Nothing is further from the truth. The truth is the UK is being measured against economies that are able to invest in new equipment and tech whereas our industry uses old clapped out tooling and machinery due to lack of investment by the money men, banks and government. There is no point in boasting about having some of the worlds cleverest engineers and scientists if the business owners are not prepared to invest in their knowledge.
The blame should not be laid at the feet of the British workforce but those of the CBI and the like.
Title: Re: Productivity.
Post by: culzean on November 24, 2017, 04:08:53 PM
The way the media spins it is that the British work force is getting lazy and cannot be bothered working. Nothing is further from the truth. The truth is the UK is being measured against economies that are able to invest in new equipment and tech whereas our industry uses old clapped out tooling and machinery due to lack of investment by the money men, banks and government. There is no point in boasting about having some of the worlds cleverest engineers and scientists if the business owners are not prepared to invest in their knowledge.
The blame should not be laid at the feet of the British workforce but those of the CBI and the like.

Part of the reason UK productivity lags is that we give jobs priority, we would rather have people in work than unemployed (even if a lot of jobs are minimum wage) , unemployment in France is almost 10%,  in UK it is 4%,  so France has higher productivity than us but we have more people in work,  so if you count the number of people it takes to make a widget, it will take more in UK.   Our car factories are well up among the most efficient and productive in the world.

When I was young I worked with an engineer who was employed by Fairy Aviation during WW2,  he said just after the war people in suits with clipboards came round their factory and tagged some of their best, most modern machines,  he asked what they were doing and his gaffer said 'the tagged machines are going to Germany as reparations for the war',  because in law we declared war on Germany.   This happened all over UK.  Volkswagen was also rebuilt and set up by the British army, as well as other things.   We must be the worlds stupidest country in some respects................
Title: Re: Productivity.
Post by: ColinS on November 24, 2017, 04:55:52 PM
We must be the worlds stupidest country in some respects................
Yes this is probably true.  But we are most certainly one of the world's most compassionate counties.  Life isn't all about money.
Title: Re: Productivity.
Post by: guest1372 on November 24, 2017, 05:27:40 PM
Well the line on the graph is going to be lower than original estimates - as Evan Davis helpfully points out, that's lower than Italy and Canada who are not really known for dynamic economies. "What, we're lower than the French!" chips in from the other end of the sofa.  Ah yes, quite a bit lower - we were growing more quickly to close the productivity gap but were still a long way behind, now that gap is increasing again.

UK productivity shortfall with the G7 stable in 2016: Current price GDP per hour worked
On this basis, UK productivity in 2016 was:
lower than that of the US by 21.8%
lower than that of France by 22.3%
lower than that of Germany by 25.6%  **
lower than that of the rest of the G7 by 15.1%


The big concern for spreadsheet Phil are tax receipts in 2020-21 will be £20bn lower than previously budgeted for in April 2016*, the gloominess also stems from the fact UK productivity has been pretty much flat for the last decade whereas the rate of growth has picked up in other G7 nations.  The shortfall in income tax & corporation tax has been pretty stark.
(http://i66.tinypic.com/ekn5ao.png)

I really don't think we can expect much investment in the UK with regards to current uncertainties; since the 2008 crisis direct investment by UK institutions has been hampered by QE and various liquidity reforms - I'd expect large pension funds such as BAe Systems to be invested in the UK rather than £5bn in the red, what might be heralded as foreign investment has led to profits (and tax receipts) taken offshore ~ Cadbury, JLR, ARM Holdings etc.

What does annoy me is this front page commentary in The Telegraph budget issue: "Forecasts are only forecasts there to be proved wrong....  and as likely as not....  things are about to change for the better, with output per man-hour surging forward anew."  I think we should suspend this fantasy peddled to 17.5m people, we need more experts and should start educating some right now.
--
TG

*   That's before we even think about the 'divorce bill'
**  UK workers do less hours than the US, but more than France & Germany
*** Productivity methodology indicates that it is independent of employment rates

Sources:
https://www.ons.gov.uk/employmentandlabourmarket/peopleinwork/labourproductivity/bulletins/labourproductivity/apriltojune2017
http://www.pensionsage.com/pa/BAE-System-DB-deficit-drops-to-5-9bn.php
http://www.telegraph.co.uk/news/2017/11/23/economic-outlook-gloomy-proved-wrong/
Title: Re: Productivity.
Post by: guest1372 on November 24, 2017, 05:48:29 PM
.... that production forecast will be reduced from 2% to 1.5% is not a FALL in production but a reduction in the forecast RISE in production.
We might still be going forward but we're at the back of the race and they're all going faster and we're running out of puff.
(http://i64.tinypic.com/2dgkcn6.png)
https://data.oecd.org/chart/50yz
--
TG
Title: Re: Productivity.
Post by: culzean on November 24, 2017, 07:54:48 PM
Investment has always been a problem in UK industry.   Industry is a dirty word in the country that invented it,  most UK investors are looking for quick returns will not invest in capital equipment that may take years to pay back. And why train people when we have had a supply of cheap labour from EU countries.  This country is a great place for inventing things,  but the problem has always been getting investors,  and normally the ideas go overseas to get it and other countries make money out of the products.

Our governments have always preferred banking and services because they are seen as clean and low carbon, Labour governments will keep spending until they run out of other peoples money and then conservatives have to step in and get the economy in some kind of shape,  which normally means austerity and then they are seen as 'the bad guys'.
Title: Re: Productivity.
Post by: Jocko on November 24, 2017, 09:49:15 PM
I really don't think we can expect much investment in the UK with regards to current uncertainties; since the 2008 crisis direct investment by UK institutions has been hampered by QE and various liquidity reforms
We haven't had investment in UK industry for almost 70 years. The government have never really been all that interested in boosting industry. As culzean says, they would rather support banking and services. Well that has come back to bite them!
Bringing trained people in from other counties rather than training our own is the reason why the government is desperate for EU immigrants not to go home. They are not worried about expats in Europe. Just worried we are left short of trained people.
Title: Re: Productivity.
Post by: guest5079 on November 25, 2017, 12:31:10 PM
You can hardly expect good old Joe to flog his guts out when he is being paid sometimes 6 times less than a suit. The British worker was always known as a good bet always trying his best. Recently I received a 'funny' Email from a friend this had come from Canada. I say funny as most are humorous  but this one was straight into the bin. Not because I found the subject objectional it was just so upsetting. We have had the disaster at Grenfell towers but it transpires that a considerable number of tenants were not indigenous Brits. Some even were sub letting.  Back to the video, it was the National Anthem to new words. Basically, involving such as 'you come over here and we give you a flat, you come over here and we give you money' and so on. How can a person, born in this country, get married and have children forced to live in private accommodation perhaps having two jobs and being told he might get social housing in 10 yrs. Along comes a  so called refugee and gets housing straight away. Britain has always been at the forefront when giving but come on isn't about time some one called enough.We just can't carry on as we are. As it has been put Labour spend others money till it runs out, they get kicked out and the Conservatives come along trying to sort the mess out. Then Labour get in because people are fed up with austerity. We have 27? other countries teaching us a lesson  because their money pit is leaving. Plenty has been said about the lack of investment but all the time a banker gets a £6,000,000 bonus and Joe is on minimum wage, why should Joe put his self out. In my working years I have always tried to remain in work, sometimes the jobs were quite dreadful BUT it was the way I was brought up.  After the police decided a nutter was no longer viable I was pensioned off. I trained to be a Adult Tutor teaching people to read and write, no pay but my Dr felt it would help. I was reported to the DWP for 'working' 2 hrs a week no pay. So that was that. No discussion, there is not enough space to relay the stupidity of the DWP official. I might not have much use but I could at least help some disadvantaged but no out came the rule book. Sorry I just get so ticked about the crass stupidity that is prevalent in the jobs worth suits that control this country. My young sister in law is Downes syndrome with end stage dementia, the staff where she lives are quite incredible looking after 7 adults all with problems, one works 3 jobs to keep going. Mencap/Cornwall Council pay these gallant souls the princely minimum wage. I would like to see some of these TV presenters Bankers, Accountants etc do this job for that money, I know I would not. I had enough of clearing up mess caused by idiots.That I could distance myself from.  No I am not radical nor reactionary but it has all got to be more than a bit silly ( for the want of a better word). What happened to the report of  the Mini factory and it's excellent productivity was it squashed in case it upset the parent companies workers in Germany.
Title: Re: Productivity.
Post by: culzean on November 25, 2017, 12:45:12 PM
I used to work for UK branch of German company and one of their engineers said the problem with British companies is that they will tell people about problems with their equipment (maybe what the equipment will not do) where German companies will only tell prospective customers the good things and omit anything negative.  For this reason people still have the impression that VW, Audi, BMW etc are still the worlds most advance and reliable cars.  Most German car factories used to (and maybe still do) rely almost entirely on Turkish and other immigrant workers (whether they are allowed German citizenship is another question).

Our manufacturers do have a bit of an inferiority complex when it comes to British products.  Many years ago my older brother  had a posting to Toyota in Burnaston to monitor the pressing shop when different  kinds of steel were being pressed,  what he found was the press shop were tearing their hair out trying to get consistently good pressings when using Japanese and steel from other countries (pressings would split, develop crease lines and thin out - reducing strength),  but when they changed to British steel their problems went away.

Title: Re: Productivity.
Post by: John Ratsey on November 25, 2017, 03:24:15 PM
I consider that increasing the retirement age could be a factor as declining energy reduces the benefit of accumulated knowledge and wisdom (assuming this is relevant to the work being done). Declining individual productivity should be offset by a reduction in salary / wages but rarely is, particular where people are in final salary pension schemes. Statistics might reveal that the most productive era for many businesses was 20 or so years ago when retirement ages were being reduced and it was easier to prune some of the older dead wood and left the younger shoots flourish.
Title: Re: Productivity.
Post by: Kenneve on November 25, 2017, 03:56:14 PM
I certainly take issue with John Ratsey's comment about the older worker being dead wood, what price experience?
Title: Re: Productivity.
Post by: culzean on November 25, 2017, 04:26:36 PM
I certainly take issue with John Ratsey's comment about the older worker being dead wood, what price experience?

Agree, we have a massive skills gap and as older workers retire they take their knowledge with them. This country stopped training people decades ago, relying instead on cheaper labour from EU. Also many people now are getting degrees, which keeps them out of Labour market till they are older (and out of unemployment statistics which suits the government ) and when they do get a job they think their degree entitles them to go straight in at management level (fast tracking), even though they have no experience. When I was interviewing people you looked for relevant experience, a degree was actually sometimes a bar to getting a job. One of the design offices I worked in did employ some graduates, but non of them lasted more than 6 months because their lack of experience and inability to listen to more experienced designers rendered them as dead wood at the age of less than 30.  The best graduates I have known have worked while studying for their degree, its a hard slog but they are all the better for it.   If it can't be done on a computer many younger people are lost, its just as though they never taught them at school that someday they would have to work for a living and employers may expect value for money. And how can teachers train people to be useful to business when they themselves have no experience, and a lot of teachers have been in the school environment from age 5 and never left it.
Title: Re: Productivity.
Post by: Jocko on November 25, 2017, 04:59:04 PM
But the whole think is the Productivity of the British worker IS NOT FALLING. It is just not rising as quickly as workers in other countries where investment in industry is higher.

With regard to what culzean says about German companies talking up their product. I remember when VW introduced the 6 year anti rust warranty. It transpired that they did NOTHING to the vehicles. It was just that the increase in sales more than paid for the warranty repairs they had to make.
Title: Re: Productivity.
Post by: John Ratsey on November 25, 2017, 07:13:38 PM
I certainly take issue with John Ratsey's comment about the older worker being dead wood, what price experience?
Experience is, I agree, valuable, but needs a job which uses it. I've been saying for some years that I offer accrued wisdom but not energy. So if the job needs energy and enthusiasm then a younger person is likely to be more productive. The old sage can still have a role, perhaps only on a part time basis, with the result being overall better productivity.
Title: Re: Productivity.
Post by: guest5079 on November 26, 2017, 04:53:38 PM
Whilst one has to be extremely careful about so called NEWS in the media, we hear about x number of graduates are needed for Industries future BUT it does become worrysome when we read and hear about the amount of cheating that is going on. So what price a degree when it has been achieved by cheating?  When I was at police training school in the mid 1970's we were split into syndicates I suppose classes was not on. Behind me in the classroom of 17 was a Cambridge double first. To be frank he was useless. The intake was 51, four left on the first day. I was what was called a waste of space as I was 34 when I joined. At passing out, I was given the task of collecting the 'cross country' cup as I had come high enough to make sure our syndicate won it.I came 2nd out of 17 in the final exam and 4th out of the intake. the one that beat me was another waste of space he was a mere 33. Most of the intake were between 19 and 24.
The police forces now crave graduates why I know not because the old two years on the beat before you could move on was a damn good grounding.
Yesterday, on the farming program was a primary school in Shropshire. The Head was very rightly proud of his school as most of those leaving to go to secondary education had a GCSE in computer studies. This is what the country needs but unfortunately there is every chance that the secondary school those children go on to won't have the where with all to continue that progress and so another opportunity is lost. Do B&Q still take on the oldies? Yes degrees are necessary but they are not the be all and end all. A friend's son in law served an apprenticeship in a Ford Main dealers in the north Midlands. In his middle years he saw an ad for Rolls Royce. He was accepted. He now spends most of his life between the UK and the US where RR have a testing facility. His job is to sort out the wrinkles. NO degree just good honest work knowledge and common sense. Yes we need degrees but we also need common sense and ability to adapt and most of all INCENTIVE.
Title: Re: Productivity.
Post by: Jazzdriver on November 26, 2017, 05:58:05 PM
I saw a news item where the boss of Norton motorbikes complained about difficulty recruiting skilled workers. He said that this was holding back his company's expansion.  I wished that the business correspondent had asked him why they (Norton) didn't train people.
Title: Re: Productivity.
Post by: MartinJG on November 26, 2017, 06:12:28 PM
Auntyneddy

The problem with common sense is that it rocks the corporate boat so original and independent thinking is definitely not on the menu. I believe the buzzword is groupthink. Put it another way, if you study a text and then score ten out of ten you get promoted for regurgitation. Perish the thought of inititiative. About a year ago I attended a charity fundraising event featuring a general knowledge quiz which was sponsored by a bank. Age ranged from twenty somethings to old fuds who were past it, a total of about a dozen teams. The table next to us were the bank twenty somethings care of the sponsors, bright and bristling or so I thought until I found out that they were googling the question on their apps. In the old days that would have been considered cheating. So who won? The old fuds who were past it. The bank whizzos came second despite their sticky fingers. It made my night. I couldn't stop laughing. 
Title: Re: Productivity.
Post by: Jocko on November 26, 2017, 07:03:29 PM
This year, I read my first ever book on politics. "The Road to Somewhere: The Populist Revolt and the Future of Politics" by David Goodhart. I had seen him talking on "The Daily Politics" and I was intrigued enough to buy and read the book. I found it fascinating. I talks a lot about why we don't train staff, why we push for university educations, and why we got Trump, Brexit and the like. Made me think about things I had never considered before.
Title: Re: Productivity.
Post by: culzean on November 26, 2017, 07:56:24 PM
This year, I read my first ever book on politics. "The Road to Somewhere: The Populist Revolt and the Future of Politics" by David Goodhart. I had seen him talking on "The Daily Politics" and I was intrigued enough to buy and read the book. I found it fascinating. I talks a lot about why we don't train staff, why we push for university educations, and why we got Trump, Brexit and the like. Made me think about things I had never considered before.

It's getting like USA a few years ago when everyone had a degree but you could not get a plumber or a mechanic to mend your car.  Everyone has been shoved down the intellectual route and those who are not intellectual have been made to feel like failures, and it is only just dawning on our leaders that we cannot run a country on degrees alone.  We have nurses with degrees who don't nurse, they don't want to get dirty hands, it is the doctor who needs a degree. 

The reason we had brexit vote and Trump and the rise of the right is that politicians were not listening to people outside their 'bubble' - Robert Peston who voted remain had a recent interview on LBC saying he didn't realise how far out of touch he and other liberal elite were with the British public and that the leavers did the right thing and ' were on the right side of history' voting to change the cosy status quo enjoyed only by liberals in their bubble.
Title: Re: Productivity.
Post by: Jocko on November 26, 2017, 08:14:15 PM
The reason we had brexit vote and Trump and the rise of the right is that politicians were not listening to people outside their 'bubble' - Robert Peston who voted remain had a recent interview on LBC saying he didn't realise how far out of touch he and other liberal elite were with the British public
Exactly. The country is governed by an elite few (even the politicians have to have a degree in politics these days), for the benefit of the few. They brought Brexit upon themselves and they will rue the day.
Title: Re: Productivity.
Post by: culzean on November 26, 2017, 08:30:56 PM
The reason we had brexit vote and Trump and the rise of the right is that politicians were not listening to people outside their 'bubble' - Robert Peston who voted remain had a recent interview on LBC saying he didn't realise how far out of touch he and other liberal elite were with the British public
Exactly. The country is governed by an elite few (even the politicians have to have a degree in politics these days), for the benefit of the few. They brought Brexit upon themselves and they will rue the day.


The Strange Death of Europe: Immigration, Identity, Islam
by Douglas Murray

This looks like a good read, how Europe is committing suicide..............this is the real reason UK voted Brexit.
Title: Re: Productivity.
Post by: Jocko on November 26, 2017, 09:05:23 PM
I'll look that one out.
Title: Re: Productivity.
Post by: guest5079 on November 27, 2017, 09:24:17 AM
It is difficult not come across as a hard luck story but in my later years I have been diagnosed as Dyslexic. At school I had terrible trouble reading and despite my problems I went to a Grammar school. There of course it was problematical. Hospital visits continuous visits to Drs etc nothing. I started work in Advertising and for two years I had to sweep floors and make tea. After five years of being a manager having to constantly dig the degree wallers out of the muck I decided to pack it in and go for a quieter life. In the interim I took a temporary driving job. At the end of the term I was asked to stay on but housing was a  problem so I was told to go and find somewhere to live> Use the firms vehicle and petrol I could not. They wanted me for a new job as Transport Manager. Reel on, my confidence going down the toilet. I became a copper.I had tried at 18 but failed the medical. One day I walked into a 'discussion' as to where Shoeburyness was. I piped up just outside Southend. From that day the Inspector in the argument referred to me as that big headed **********. Moving on I was asked why I had not taken the promotion exams as although I was a short service copper I should make Chief Inspector. Well when my health really broke down and I was retired I wish I had taken the exams as the pension of a C/I would have been a great help. So progress has been made but I believe part of my problem is I am cursed with a brain and common sense and in many walks of life this seems to frighten people especially those in higher jobs. I see today special needs schools are really struggling and what brought this missive on was a Woman stating her child had Dyslexia and until she got help the school teachers just told her to take him away  and let him play. Nothing has changed much in some 50 years. I am not anti degree, I was halfway  through an Open University degree when my health broke down.
The difference is that OU students are usually working as well. I know for a fact that there are thousands out there in similar situations where they have done a demanding job or have problems kicked into touch and of course they become someone elses problem and nobody helps.
Title: Re: Productivity.
Post by: Jocko on November 27, 2017, 10:25:39 AM
I worked in one company where I interfaced with many brilliant physicists, mostly straight from uni. They had masses of knowledge, but no common sense. One went into the machine shop one day with a job he wanted doing. It was two parts and the machinist asked him if he had any preference as to which part was done first. He said "Can you do a wee bit of one then a wee bit of the other until you are done? I need them both at the same time". The laughter could be heard all round the factory. Another guy used to come in wanting something made up. We would ask him for a rough sketch with some sizes, "Not an engineering drawing", and he would go away and never come back!
Title: Re: Productivity.
Post by: sparky Paul on November 27, 2017, 03:07:06 PM
As the old saying goes, intelligence is no substitute for common sense.
Title: Re: Productivity.
Post by: John Ratsey on November 27, 2017, 09:06:40 PM
Many moons ago I was on a job which involved using a Bell 47 to get to some inaccessible (by vehicle) places. The pilot (who had clocked a few thousand hours flying helicopters in the days when there weren't computers to help) took a dim biew of the team members with Ph.Ds. His best version of the meaning of PHD was "Piled Higher and Deeper" which I have remembered because it summarises the essence of doing a detailed study of something obscure. If one of them annoyed him then they became Post Hole Diggers.

That's not to say that all Ph.Ds are useless in the real world. Some of them have built a useful career on the foundations of what they studied. However, many go straight on to a career in academia to the disbenefit of those they teach as there should be a minimum period of real world experience so that the teachers have a chance to learn something.
Title: Re: Productivity.
Post by: culzean on November 28, 2017, 01:33:31 PM
That's not to say that all Ph.Ds are useless in the real world. Some of them have built a useful career on the foundations of what they studied. However, many go straight on to a career in academia to the disbenefit of those they teach as there should be a minimum period of real world experience so that the teachers have a chance to learn something.

Here is a taste of what too much time in our education system can cause ......... you are liable to contract 'liberalitis' which can last for a lifetime if not cured by a dose of the real world..

https://www.spectator.co.uk/2017/01/what-explains-the-idiocy-of-the-liberal-elite-its-their-education/

Also students (obviously not history or politics students or they would know more about Gladstone than his name) want the name of one of our most progressive social reforming leaders removed from their halls of residence (and other places) - If these people were studying a proper science or engineering subject instead of drama or media studies they would not have time to protest about such rubbish.  When I was at college it was always the art students who were demonstrating about stuff,  the proper students were too busy studying.

https://www.standard.co.uk/news/uk/liverpool-students-fight-to-remove-former-pm-william-gladstones-name-from-building-over-racist-a3692721.html