Originally posted by Diver
The reason why we are no longer a producing nation is because we choose to waste vast amounts of wealth on inefficient public services. This is as responsible for creating inflationary pressures as anything. We also as a nation have a govt that seeks to meddle in everything we do, which has the effect of hiking labour costs. Because we choose to pay 4 million people to do nothing and then another several million administering people who do nothing, we have to then import labour to do the real jobs. These people need to be housed thus making land too expensive to build manufacturing facilities.
All that will happen is that people will grab their wealth and take it and their skills to where the jobs and standards of living are (thank you globalisation). This will leave the UK to take a long look at itself, kick out socialism (ak Thatcher) and make itself look an attractive place for people to live and invest.
Gordon Brown knows this but it goes against the grain of his socialist controlling nature.
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