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Immigration creating a surplus, or the economy itself hollowing out to eliminate jobs? As far as I can tell the UK is basically the City (as an export). Ultim
by rdl 13y ago
Immigration creating a surplus, or the economy itself hollowing out to eliminate jobs? As far as I can tell the UK is basically the City (as an export). Ultimately that doesn't require a lot of jobs, and they're either high skilled, or exist to support the City workers.
(obviously this isn't completely true, but the financial industry is even bigger as a percentage of exports in the UK than it is in the US, although nowhere near Liechtenstein levels)
- mcantelon 13y ago>Immigration creating a surplus, or the economy itself hollowing out to eliminate jobs? Or the economy hollowing out and immigration amplifying the problem. They're certainly not mutually exclusive.