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> Britain before the virus had close to full employment. This is not a good line of argumentation. I'll refrain from using stronger terms so as not to violate

> Britain before the virus had close to full employment. This is not a good line of argumentation. I'll refrain from using stronger terms so as not to violate the site guidelines. Fact is: In many European countries the low wage "jobs" (many of them on exploitative hidden contractor terms) earn barely above social security level. All of that while still supporting parasites like state TV losers with big pensions. Of course you have "full employment" if most people earn a subsistence wage.

simonh 6y ago
What have jobs in European countries got to do with it? I was only taking about the UK economy and unemployment in Britain.
- bgfield 6y ago
  So Britain does not have these practices. That is good to know.
  - simonh 6y ago
    I haven’t commented on that either way, mainly because I have no idea what you’re talking about.
belltaco 6y ago
https://en.wikipedia.org/wiki/Lump_of_labour_fallacy https://en.wikipedia.org/wiki/Lump_of_labour_fallacy
- bgfield 6y ago
  What is the purpose of this link? Should I post a counter link to Supply Side Jesus? The fact that labor is not fixed has little to do with exploitative European "employment" practices. In fact, if you have to drive down wages to support full employment, it would be an argument against that "fallacy".