[Irouléguy] By that reasoning, pretty much everything is a conscious political choice. Your local newsagent closes down? Conscious political choice -- the government could have paid them two million pounds to stay open. You chose to go onto the internet today? Conscious political choice! -- the government could have bribed you not to.
If you want to make an argument for why the government should intervene in this particular case (and a good argument has to be one that also explains when the government should not intervene), then that's fair enough and I would be interested to hear it. I have to say I think Raak's summary is the appropriate one here, though: Rover were making something that people didn't want to buy. The End.
(On the other hand I disagree with Raak on the 'it's my money' argument, but I think that is a whole different debate.)
CdM] I don't think the first point follows at all. The closure will cost something like 5,000 jobs at Longbridge, plus up to 15,000 in suppliers - that's up to 20,000 wage packets taken out of the local economy, which will then have a further knock-on effect across the West Midlands. Any government would have to take a position on an economic event of that magnitude. The tens of thousands of people whose lives are blighted is why the government should intervene - and I don't see why a coherent case for that depends on saying that if it were a different set of people the government shouldn't. Obviously I don't think every failed small business is a case for government intervention, but I think that's something of a straw person.
As for Rover making something that no-one wanted to buy, again some exaggeration: Rover couldn't sell enough of what it produced to persuade the people with the money to invest in it, which is a rather different matter. And then there's the little matter of the £500 million hole in Rover's finances (allegedly). Taking the money and running comes to mind.
I actually think this Government is being quite brave in letting Rover die. 30 years of government subsidies of BL et al has failed to produce a company that comes close to making a profit, let alone a decent product. Whilst I fully accept Irouéleguy's argument is pertinent, that volume of investment would shirley be better placed in other sectors where there was a chance of making it work? And to do this in the run in to a general election is, perhaps, unprecedented. And before the accusations fly, I do not (and have only once) vote(d) Labour.
[Irouléguy] Something like 300,000 businesses close down in the UK each year (the vast majority of them small businesses). Even if those companies are all single-person enterprises, that's 300,000 jobs, plus I don't know how many suppliers, not to mention further knock-on effects across the entire country. Any government would have to take a position on an economic event of that magnitude. The hundreds of thousands of people whose lives are blighted is why the government should intervene.
I don't think small business failure is a straw person at all. Tell me why Rover should be bailed out, as opposed to 5,000 randomly selected small businesses.