Thursday, June 25, 2009

Protectionism Is Bad For Britain

Britain is a trading nation and any attempt at protectionism would backfire on us. If we stop imports, other countries will block our exports. As citizens, we would pay more and earn less. Look what happened in the sixties and seventies when trades unions sought to protect British jobs by preventing industries from modernising. We lost our competitive advantage.
Let’s continue to import mass manufactured goods cheaply and export specialised products and services for high prices. At Your Life Your Style, we stock many British made goods because they are beautifully designed and skilfully made, far better than their equivalent from overseas. Most of the other items that are made abroad more cheaply than thye could be in this country are still designed in the UK.
Free trade means we survive on our ability to be creative and competitive, something we as a nation are very good at.

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