metalblue
Well-Known Member
We must wean economy off immigration, Labour leader warns businesses
Labour's leader promises a "pragmatic" immigration policy in a speech to business leaders.
www.bbc.co.uk
This was the guardians response when Johnson made the same correlative points this time last year
“Will wages rise if we limit the number of migrant workers?
Theoretically, acute labour shortages could, over the longer term, force employers to spend more money training domestic workers, resulting in higher wages. Speaking on Radio 4’s Today programme, the justice minister, Dominic Raab, said a dearth of agricultural labour would force farmers to mechanise crop picking, thereby improving the productivity of the workers who remained, allowing for higher wages without rising prices.
But as Tony Danker, the director-general of the CBI, asked in response to Johnson’s speech, where would the money come from for all this extra investment? He said: “Ambition on wages without action on investment and productivity is ultimately just a pathway for higher prices.”
I’m sure some on here would have also derided Johnson’s logic. U-turn incoming?