Posted: 04/03/2013 at 10:25
Wales has lost its coal mines and its steelworks. No country can prosper witout an industrial and manufacturing base, and short-term money-saving by governments who wanted to be re-elected has led to a disastrous situation, I think. You have to create wealth in goods, not by printing money and borrowing.
I've spent a lot of time with eastern students, They are the cream of their country's youngsters, I suppose, but their discipline and work ethic are immensely impressive. It makes me wonder how we can compete. I know what schools are like in this country. In placces like Japan, children go to state school followed by private cramming schools and have to work really hard. I'm not saying it is altogether good, but it is a different work ethic from us.