Originally posted by vetran
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DOOM: Lake District
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Good thing is we left the EU a couple of years ago, and with all the savings that resulted, these should soon be resulting in all the advances that were held back by cheap labour. Nothing to do with directors and shareholders wanting massive bonuses, or customers wanting low prices, all the fault of cheap labour.…Maybe we ain’t that young anymore -
If that was true then unemployment among native population would have been 50%+Originally posted by OwlHoot View PostThe main structural issue is that for decades public services and private industry have been allowed to rely on cheap labour from overseas, and neglected training and technical advances that would increase productivity.Comment
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Oh we only have 4.4 million workers in the UK then?Originally posted by AtW View Post
If that was true then unemployment among native population would have been 50%+
https://www.lindsays.co.uk/news-and-...ith-eu-workers
There are nearly 2.2 million EU workers living in the UK at the moment.
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Wages are going up despite bosses begging for cheap labour and idiots supporting them.Originally posted by WTFH View Post
Good thing is we left the EU a couple of years ago, and with all the savings that resulted, these should soon be resulting in all the advances that were held back by cheap labour. Nothing to do with directors and shareholders wanting massive bonuses, or customers wanting low prices, all the fault of cheap labour.
Imagine the 2 million on in work benefits getting a pay rise and not needing benefits anymore! Or the 930,000 seeking work getting a job.
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And then prices go up and eat up all the wage increases (which are taxable), excellent vetran’s planComment
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The prices have already gone up, purchasing power has been falling for decades. Try looking at some figures.Originally posted by aTwit View PostAnd then prices go up and eat up all the wage increases (which are taxable), excellent vetran’s plan
I see the personal attacks are back have you hit a wall with your logic then?
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Prices will go up a lot further with large scale (across many sectors) wage increases - then pensions will need to be increased.
A much better way would have been addressing cost of living - housing specifically as it’s a very large cost: allowing housing inflation was and still is far bigger error.Comment
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Indeed, I wonder what the effect of a few million EU citizens leaving will have on house costs?Originally posted by AtW View PostPrices will go up a lot further with large scale (across many sectors) wage increases - then pensions will need to be increased.
A much better way would have been addressing cost of living - housing specifically as it’s a very large cost: allowing housing inflation was and still is far bigger error.Comment
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Little - they shared houses, very compact - I used to rent a room when I started, and was lucky to be on my own in a lockable room, many shared rooms, some more than 2 people in it!Originally posted by vetran View PostIndeed, I wonder what the effect of a few million EU citizens leaving will have on house costs?
The reason house prices gone up is because of Govt supported lending - instead of letting market crash or actively prevent it from overheating by mandating proper checks on lending 25 years ago we had the opposite.
House price "inflation" is basically the key reason people don't have much money in their pockets.Comment
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So coming over here and undercutting wages to survive on was your USP? Strange how wages were depressed for decades now you want to pull the ladder up after you, you sure you aren't a boomer?Originally posted by AtW View Post
Little - they shared houses, very compact - I used to rent a room when I started, and was lucky to be on my own in a lockable room, many shared rooms, some more than 2 people in it!
The reason house prices gone up is because of Govt supported lending - instead of letting market crash or actively prevent it from overheating by mandating proper checks on lending 25 years ago we had the opposite.
House price "inflation" is basically the key reason people don't have much money in their pockets.
Not building enough dwellings to house a growing population is most of the problem not spreading jobs around the country is the other.
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