New Slants on the Economy

Some aspects of the economy, recently been brought to my attention, are in themselves are not unlawful, but they have a considerable effect on the viability of production in this country. A friend of mine recently had their house overhauled by a builder, and then asked him to carry out additional work. He said that he was going out of business because he could no longer compete with the prices offered by immigrant Polish companies, who were undercutting him. I’m not criticising the Polish people, if the system is there for their advantage, then they are perfectly at liberty to make use of it. We are finding that when a large company in a given area up-roots its production and takes it to the Far East, or India, the area in which it functioned can become seriously economically disadvantaged as a result of the unemployment, and the effects on the local industries and outlets. If, immigrant companies are set up, the workforce is immigrant, paying low wages, and such wages that are paid are being sent home to a foreign country rather than used to support the economy in the area in which the work is being done. This is a parallel of manufacture and construction being carried out abroad, with the same effects on our economy. I am conjecturing that those immigrants have a lower standard of living than the indigenous nation, in order to send more money home. Recently there was a case of eight men living in a very small bungalow. These facts are understandable, and are not criminal, but their apparent growing effect is clearly not to our advantage. The areas in which immigrant workers are now filling posts, is getting wider with time. Theoretically there must be a balance between the cost of indigenous labour, and the viability of the output, but it would seem that there is a flaw in this theory somewhere. It worked in the past, so why does it not work now?

One reason that I have put forward before, is that those who are using foreign manufacture, or foreign labour in this country, must be pocketing the profits, and possibly not spending them in this country, because the money does not seem to be following the usual path. When companies are selling articles on the basis of buy one, get one free, then either they were overcharging in the past, they’re on a path to destruction, or treading water in the hope of things getting better in the future. Recently the government was coagulating itself on a 6% rise in employment levels in manufacturing, but they didn’t say what the base level this came from. I’m afraid that we are faced always these days with statistics that mean nothing to us because the background is in shadow. `

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