Half A Million People Will Lose Their Jobs Because Of The
Royal Wedding
Vernon Coleman
I'd love to know which
half-wit decided that the Royal Wedding should be on a Friday. And then decided
to compound the inevitable problems by making the wedding day a bank
holiday.
Why didn't the happy couple get married on a Saturday?
Taking another day out of the working calendar at a time when the
country is still teetering on the edge of a deep, long depression is lunacy. At
the very best estimates the Royal Wedding bank holiday will cost the economy
billions. As a nation we cannot afford it. In addition to dealing with the debts
we inherited from the Brown administration we now also have Ireland, Portugal
and the constantly growing European Union to support.
The whole thing is
made worse by the fact that the wedding bank holiday has been dropped into the
middle of a period where it seems that bank holidays are queuing up for our
attention.
Immediately after Easter it was clear that thousands of
people had decided not to bother going back to work for the three days between
Easter Monday and Wedding Friday. There will, I predict, be millions needing
time off in the sunshine to recover from bad backs, stress and the flu.
And so the nation's economic loss will be much greater than the loss of
just one day's work. The additional profits from selling bunting, special mugs
and hot dogs on the streets of London will go nowhere near covering the losses
from closed offices and factories.
We're going back into recession. And
then we're going deep into a depression.
And my guess is that at least
500,000 jobs will be lost as a direct result of the Royal Wedding bank holiday.
Copyright Vernon Coleman 2011
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