Originally posted by OwlHoot
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1. Shortage of labour, wages rise
2. Companies decide to offshore faster/move jobs to cheaper countries - private sector jobs decline
3. Tax take from private sector declines, squeeze on public sector finances - public sector jobs decline
Thus does a country become poorer. Only those with exceptional skills can buck the trend.
Stage 3 seems to have escaped some public sector Brexiters notice - the same people who talk about Corbyn's magic money tree seem to think it doesn't apply to them
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