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Britain emerged from the Second World War with a technological edge, including in aircraft, aerospace, computers and electronics that it dismally failed to exploit. In the 1950s and early 1960s, British manufacturers dominated the home market and held about 20 per cent of world exports, with some global beaters exampled by the Comet airliner, the Mini and Triumph. IBM lost to the USA and in many other sectors such as satelite commuinications, the internet, computing, textiles and energy. The decline came about due to the collateral impact of increasing import penetration and declining export sales until the trade surplus in manufactured goods finally disappeared as long ago as 1983. Our state owned markets have since been sold abroad to supplement the self-created shortfalls in our remaining economy and we now rely largely upon the service sectors, many of which can be transferred overseas by economic drivers, political allegences or by better experienced workforces at any time.
Conservative governments pursued benign neglect. Thatcher interfered with a housing market for votes that has since reaped the consequences and the mainly labour Governments of the 1960s and 1970s in deciding that the future lay in “industrial policy”:by making industries more efficient including by “picking winners” started with the National Economic Development Council and its regional counterparts, the “little Neddies” gathered strength with the merger boom and nationalisations of the 1960s and 1970s that was then discredited by Tony Benn’s attempt to turn collapsed industries into workers’ co-operatives, finally abandoned by Thatcher in 1979 with no credible alternative in place.
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Industry
The wheels have stopped turning for BRITISH industry . We have one option get them rolling again, get back our own Companies and get British workers working in British Industry.
Government
What is our govenment. A conglomerate that have no concern for the ordinary people ,only the wealthy. They do not have to make laws as these are delivered by the unelected European beurocrats. No wonder the Brit-in politicians want to stay in Europe, where they will continue to draw their salaies and benefits, whilst others do their jobs.
Export "yes we can"
The size and extent of the British Empire at its height is well documented. It long ago represented a good opportunity for British exporters to spread their wings and wares and penetrate markets across the globe. Ultimately, following the stripping of their assets and the handing back of soveriegnties, we were eventually slowly led into the false security of what was sold as a common market since given the label of the EEC, at excessive financial input whilst the shiftings of power has since witnessed our eroding influence in a community that is ever closer to disintergration. Today, local mainstream media headlines are focused on Britain's undented record national debt, which just surpassed £1 trillion, a figure that can only exponentially increase unless the entire mechanism of Government finance is overhauled. The underlying truth, however, is much worse. When factoring in all liabilities including state and public sector pensions, the real national debt is closer to £4.8 trillion, some £78,000 for every person in the UK, yet we still borrow interest uprated money whilst we hand out 11 Billion a yearin foriegn aid to the frequently ungrateful at the costs of services to our own population, including the frail, the sick and the vulnerable of all ages. In the early 1950s, Britain was an industrial giant. Today, it is an industrial pygmy. Manufacturing was industry’s bedrock. In 1952, it produced a third of the national output, employed 40 per cent of the workforce and made up a quarter of world manufacturing exports. Today, manufacturing in this country accounts for just 11 per cent of GDP, employs only 8 per cent of the workforce and sells just 2 per cent of the world’s manufacturing exports. The iconic names of industrial Britain are history; in their place are the service economies and supermarkets selling mainly imported goods. What happened was it inevitable? Does it matter?
Think of this
The EU costs Britain £55 million per day, and that’s just the membership fee. The cost of EU red tape to British business is £120 billion per year.
