... Mad House economic nonsense, Plaid nonsense, a nationalist sound-bite designed to capture the headlines before an election ........... at best naïve, in reality dishonest.
Raise half a billion and create 50,000 jobs building the infrastructure that prudent politics is saying we cannot afford just yet, we have to pay back the bubble borrowing of the last decade.
Even if circumstances were different, the half a billion doesn't create 50,000 jobs, the proposed job creation is related to infrastructure projects where each job will require between £60,000 and £100,000; £60,000 per job if the project is housing to a massive £100,000 per job if the project is a Hospital, build a road and a vast amount of money is used for plant not jobs.
Plaid "experts" who assume that £ half a billion could be spent creating 50,000 jobs, an average of £10,000 per job, which, when you factor in the various expenses attached to an average construction job that earns between £16,000 and £22,000 we have a 4 to 6 month job.....
.... unfortunately the Plaid experts forgot to factor in such fundamentals as cost of land, cost of design and project supervision, and last but by no means least, the cost of materials and manufactured equipment needed to complete a project.
So, the 50,000 jobs is in fact approximately 5,000 jobs, unless of course Plaid intended to convert Wales into a third world country living on third world wages, where like the Egyptians of Old Testament days the bricklayers have to make their own bricks after finding their own straw.
A small debate dominated by the nationalists can be found at Betsan's blog, the debate is tedious in the extreme, these people are those that would take Wales to a new promised land, the bullshit is overpowering with the smell of incompetence ...........