The Forum > General Discussion > Penny pinching and SPC
Penny pinching and SPC
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So the government is not prepared to chip in 25 million to save SPC. Well personally I would be more than happy to chip My $2 to save it going under. A few numbers should be enough to convince anyone that the cost of letting it go under is far greater. We have some 1200 people employed in the factory and some 1500 farmers who grow the fruit. Let us be conservative and assume that 2000 people end up on the dole for at least 1 year, that works out to about 460X25.5X2000 or 23.46 million. It is basically going to cost the government the same regardless of what they do but the local economy is set lose some 100 million in lost wages. It looks to me the government has totally lost the plot on this one and probally the next election as well.