How the Hell do we compete with This.!!!

[cropwell]

WTF . . . How do we compete with places like this.!

Since the end of WW2, Britain's Engineering Industry has steadily declined. Due to the diversion of production into the war effort, most of the machines were worn out and there was little money to replace them, also a shareholder system meant that money was going into dividends and not being put back into the renewal of industry. Furthermore, in the late '50's through to the '70's, the Unions were in control of the labour force and wages rose. If they didn't, strikes and other work stoppages affected production and costs adversely. So prices went too high on the global market and our industry declined even more.

I worked for Jaguar Cars and Wickman Machine Tools in the 60's, so I saw the shenanigans of the work force and unions.

Then along came Maggie and broke the unions, ended open ballots and brought a form of democracy to the unions. By then industrially we were f***ed. (I have mixed feelings about Mrs T!)

China on the other hand was a communist system. No strikes and no shareholders to bleed the cash. We see how life was controlled, regulated and restricted. Wages and standards of living were kept low by oppression, so China had cheap goods to export to flood the world and swamp other countries industry.

Would you want to be a Chinese worker ?.....................................

I thought not.

We can't compete, we have to use our resources and skills to invent and develop new technology and hope we can get enough out of it before the Chinese start copying it.

This country is declining and Brexit certainly won't help. I am too old to be concerned for my future, but I am saddened to think what my grandchildren will encounter.

Rob