Manufacturing, for which the weak pound is good, still accounts for more than twice the GDP of the entire financial services sector, never mind the (lame duck, heavily subsidised) City alone.
Now all we need to do is sort out the threat (only initially economic) from un-unionised, child-exploiting sweatshops, not least by persuading other comparable sovereign states, as such, to do likewise, all in the interests of our workers' proper wages, proper working conditions, proper skills and proper status.
An economic populist and economic patriot, elected by and thanks to trade unionists and paleoconservatives, is about to enter the White House.
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David Miliband is trying to mend some bridges with you, I see. Maybe he was stung by your previous criticism. Or maybe he's trying to head off the BPA threat in the North East.
ReplyDeleteHe's simply facing reality there, of course.
ReplyDeleteNot wishing to be run, initially economically but then and thus in general, by China is not the same as wishing to cut up China, with all the genocidal horror that would ensue.