Quote:
Originally posted by BlazingLovatic
In the end, higher wages is just going to result in more inflation due to higher production costs. So it has no effect on the overall quality of life, no?
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The rate of interest would be adjusted to reflect the flow of more capital into the economy.
Rn, entry-level jobs that are traditionally the start of careers for young people are being snapped up by foreign workers - due the disparity in both pay and currency between the UK and the Continent - those foreign workers are unlikely to complain about being paid the bare minimum. Young British people are sadly just collateral damage of the EU's aims to redistribute wealth across Europe, we are lacking skills, jobs, wealth and a chance to pass our wealth on to any offspring by being shut out of the housing market.
The NHS used to invest in heavily in the future of its British workforce, but due to a shortage in nurses in the UK (caused by lack of investment) simply uses agencies that recruit from EU countries instead. This costs eye-watering sums of money, but fixes the problem in the short term. This is an example of young British people being short-changed.