Someone seems to be doing their home work and listening up. About time Capitalism got scrutinised for screwing people. So much for all that we must attract the best skills crap.
UK to prove capitalism can work for everyone!!!
However, it can't. Not without regulation because too many pigs with snouts in the sh1t. Same goes for the yanks. Problem is capitalism hell bent on screwing costs down to polarise accumulation of wealth in the hands of the few.
Migration as I have been saying is to supress wage inflation. Wage inflation and (strikes) is what destroyed much of UK manufacturing industry (along with poor design and lack of investment in R&D) and Mrs T instead of fixing manufacturing, simply cut it out of UK economy altogether. I'd say we are going back to the bad old days of the 60s and 70s if we don't identify and compete in the arena of new emerging technologies whilst modifying and regulating the equitable distribution of wealth.
It is the feature of multinationals (globalisation) to move away and locate where factors of production and inputs are cheaper. Alternative to this is to have cheap labour migrate in thus keeping costs down so fat cats can maximise bonuses. No two ways about it. Political rhetoric all very exciting feeding the masses what they want to hear but totally the wrong medicine for a totally incorrect diagnosis of our issues.
Don't know if readers get the message but it's all pretty basic economics really.
On another note, apparently there is some leaked Government memo which is being denied that Brexit will require 30,000 new civil servants. Did say. I'm sure it will be worth it.
Somebody do the sums on how much that's likely to cost in terms of wages to the tax payer so we can see what we may get back from the 350m!
They are taking digs at Sir Phillip Green but no mention of Fred the Shreds or Bob Diamonds of this World. Just a matter of who ever happens to be flavour of the month. Talk is cheap. Where is the action to recover pensioners monies???