Not necessarily the key is automation which requires getting rid of jobs and ensuring quality outsourcing is NOT a bad thing but like everything it should not be carried to any extreme. Price and costs are big issues but no company takes them to the ultimate low price. If price is the only key factor then Myanmar is where you go to not China but costs are not the be all and end all of the equation duty customs access to raw materials energy water people safety etc all need to be factored.
Large scale rail projects in Britain are unsuitable as the country is too small and too crowded maybe if the link was to Scotland or something from London but the route is hardly that profitable and my favorite Irishman from Mullingar would probably undercut the whole thing with cheap flights. Furunculus has shown what you do in his last link encourage someone to invent as it were the next big thing and then try to leverage it which is good for consumers and Britain.I would love to see big engineering projects returning to Britain and have high-speed rail akin to France and Japan. British Rail was basically the blueprint which everyone else copied and improved upon while we stuck with the past. Many of his other ideas in that article I agree with.
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