Looking over the history of my native country, I cannot seem to find a precedent, for what seems to be a new revolution. I know that at school, all too many moons ago, we were taught about the "Industrial Revolution". The resultant misery and destruction of a pastoral way of life, that eventually resulted in vast improvements. This for the impoverished working classes.
The gentleman, Rt Hon John Hutton, has to adopt the now familiar saying ie: "Nothing to see, move along please". He just does not know of the eventual ramifications of his countries policy. I concede, he and those who believe in unbridled trade deficits, may well have created a "never, never land". Where there is no reality, just continuing "progress".
God help the United Kingdom, if he is wrong. A simple life's experience has taught me this. "He who pays the piper calls the tune". What about he who cannot pay the piper. The difference between affluent Arabic countries and poverty stricken African countries is often MONEY.
You’re right of course, and it is glaringly evident that there are many passionate souls who believe, and stridently proclaim, that a Nation’s soul rests only on one element of it’s existence. I would submit that a Nation’s true value is composed of many things, some of which may not be immediately discernible to the bookkeepers.
The path that is now being traveled is one that cannot be easily returned, and the gold that we have been told lies at the end of the rainbow does not bear the mark “made in Great Britain” or “Made in the USA”.