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Post by Vinny on Mar 13, 2023 11:55:15 GMT
Hand in hand with that long period of growth was a burgeoning rise in personal debt and soaring rents exacerbated by unsustainable population growth.
Like all booms, it went bust.
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Post by Vinny on Mar 13, 2023 11:56:41 GMT
It flourished and grew long before cheap Eastern European Labour came along in the mid 2000s.
It existed in the 1950's 60's 70's and 80's.
We don't need EU membership to have lettuce pickers.
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Post by buccaneer on Mar 13, 2023 12:00:11 GMT
I can't believe people on here actually believe FoM improves wages for people.
I honestly haven't heard that before.
Wages stagnating and falling in relativity in the EU, while businesses make huge profits. The OP link says otherwise.
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Deleted
Deleted Member
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Post by Deleted on Mar 13, 2023 12:06:50 GMT
Previous authoritative studies concluded that FoM neither improved nor worsened wages in the UK.
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Post by Vinny on Mar 13, 2023 12:48:44 GMT
I can't believe people on here actually believe FoM improves wages for people. I honestly haven't heard that before. Wages stagnating and falling in relativity in the EU, while businesses make huge profits. The OP link says otherwise. Exactly. And it's funny for Europhiles to still call themselves "remainers", we've been out 3 years. |
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Post by oracle75 on Mar 13, 2023 14:19:11 GMT
I have explained how a larger pool of potential employees can search across 27 countries for the best wages.
If I were selling insurance in Belgium and saw a job advertised in Spain for better money, I would be foolish not to apply.
If another company wanted to expand, it would offer better wages still in order to have a good choice of applicants.
Companies offer opportunities. The wider the better because they compete for the best employees by what they offer.
Labour does not conform to supply and demand. Even in the UK, the loss of thousands of medical staff has not been matched by the very government which told you such mickey mouse economics. The reasons people choose to work for a paymaster are very variable.
It is probably more true at the very top of the apex of professionals when serious one off experts are headhunted. But not in the general labour market.
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Post by Toreador on Mar 13, 2023 18:14:05 GMT
From the mid 1990s until the Credit Crisis and recession we had a long period of sustained growth, and though we had access to European labour, unemployment levels were low, jobs were readily available. Industries that are now suffering the worst because of labour shortages are Hospitality, Catering, the Care sector, Food Production. These sectors MOSTLY or MAINLY pay the National Minimum Wage, therefore to suggest that European workers pushed down wages is blatantly not true. As per my previous post - put up your wages to attract people = higher production costs = you give your European competitor the edge = the supermarket sells the European produce = job losses Yeah, in one fell swoop, New Labour made the minimum wage the maximum wage. |
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Post by Pacifico on Mar 13, 2023 18:14:44 GMT
Labour does not conform to supply and demand. There is an interesting claim - do you have any actual evidence to support that contention, either Economic theory or research papers? If you do there are a lot of Economists and Universities who would love to hear from you. |
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Post by Toreador on Mar 13, 2023 18:19:14 GMT
I can't believe people on here actually believe FoM improves wages for people. I honestly haven't heard that before. Wages stagnating and falling in relativity in the EU, while businesses make huge profits. The OP link says otherwise. I can understand why. They haven't a clue in what industries most immigrants work. They don't understand the arrangements between the new gangmasters and the companies using their services. Tey don't understand that in many cases the migrants live in cramped conditions, even garden sheds that are often rented to the gangmasters. They don't know anything. |
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Post by zanygame on Mar 13, 2023 21:34:51 GMT
And what stops the job leaving Croydon. What - like when Ford got an EU grant to move production out of the UK you mean? More like when Dyson moved to Malaysia. |
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Post by Vinny on Mar 13, 2023 21:55:41 GMT
What - like when Ford got an EU grant to move production out of the UK you mean? More like when Dyson moved to Malaysia. Same thing. Nobody ever said Dyson was ethical. |
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Post by zanygame on Mar 13, 2023 22:00:44 GMT
More like when Dyson moved to Malaysia. Same thing. Nobody ever said Dyson was ethical. I'm not talking about ethics. I'm talking about your attempts to artificially inflate wages. |
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Post by Vinny on Mar 13, 2023 22:18:14 GMT
It's worked in the trucking industry.
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Post by Pacifico on Mar 13, 2023 22:34:59 GMT
What - like when Ford got an EU grant to move production out of the UK you mean? More like when Dyson moved to Malaysia. Because he decided that manufacturing within the EU was unsustainable - why do you think he came to that conclusion? |
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Post by zanygame on Mar 13, 2023 22:35:59 GMT
It's worked in the trucking industry. Because you can't take the trucking industry abroad. |
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