Labour New Deal Self Employment Scheme

Comment on Economic Austerity by David Law.

I’ve only had a quick skim read through some of the New Deal information, but looks really good on first reading.

Apparently you can test out self employment under the New Deal Self Employment scheme for up to 26 weeks which is a great idea.

I had no idea Labour had put so much effort into these types of schemes.

Do you know if they are working at all?

My only problem with New Deal type schemes (not including the New Deal Self Employment, that’s definitely got the potential of creating new jobs) is they might not be doing enough to encourage more job creation in Britain.

If it (or other government initiatives) doesn’t encourage the creation of new jobs, all schemes like these do is help unemployed people find a job that would have been filled by someone else anyway. Nothing wrong with that per se.

To go to an extreme, if we had say 5 million job vacancies there would be no need for schemes like these since there would be a surplus of jobs available: the unemployed wouldn’t be fighting over jobs, employees would be fighting over potential employees.

What can the government do to encourage more job creation?

New Deal Self Employment for example is encouraging individuals to create their own jobs and that’s good for the country.

The vast majority of my income comes from working with foreign businesses (US mostly), so I’m taking work away from Americans and bringing US$s into Britain, though the US businesses I work with make more money because of my advice as well (I rarely work with UK businesses!). Even my hobby make money stuff https://stallion-theme.co.uk/how-to-make-money-online/ ) is ALL from US companies like Google and Amazon (I’ve sold over $400,000 worth of Amazon products from my sites for example).

David Law