- Aug 18, 2011
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- since 2007.Tugger before since 1970
From the first day I went to school, the memory of the British Empire was still very much in the minds of our elders, the atlases were still dominated by the colour pink, plimsoles had "Empire Made" on their soles, we were told that British Railways was the best/most extensive/fastest on the planet, our mighty coal and steel industry dominated the globe and our NHS was the envy of the world
Most of which I quickly learnt was untrue, the Empire had gone, the atlases were old, the factories where the plimsoles had been made were staffed by Chinese child labour, with labels stuck on in Hong Kong, Beeching did for the railways what neglect, under investment and constant striking had started, our mines were inefficient and heavily subsidised, our steelworks unable to compete and our NHS was in the process of being stuffed to the gills with bureaucrats and bean counters to replace nurses and doctors. Despite all that, our economy remains mighty, but only thanks to the phenominal growth of the service sector, no thanks to our rapidly dwindling industrial output
But we have moved on, fifth largest economy in the world, second fastest growing economy in the G7, unemployment at record lows, inflation generally under control. We have one of the largest defence industries in the world, make more than our fair share of the world's jet engines, we are world leaders in genetic research, the worlds insurers, one of the top banking centres, great educational standards , fantastic engineering and the referendum has shown that we can still teach everyone a thing or two about democratic process.
So, we are attractive to foreign investors, the French have invested heavily in water and power, the Chinese are investing in nuclear power, the Germans in our railways. That doesn't concern me, it reassures me that other countries have seen fit to invest in this country, given our own government is so blindingly obsessed with unpopular infrastructure projects as HS2 to carry people to places they don't want to go, at prices they can't afford and at a speed that barely improves on what is available, or sponsoring the construction of "devolved parliamentary" buildings that they can't afford to put aircraft on the new carriers that are being built or restructuring the vastly inefficient NHS.
The way I see things, I would rather we had foreign investment than no investment at all
So bloody true Pyro,,,,BUSBY,,,