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by flave
1474 days ago
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I really don't know what you're talking about. How are a few hundred Harvard graduates going to meaningfully 'suppress wages' in the UK? If anything, they'll actually increase demand for goods and services in the UK - which is going to push up wages. I'm willing to entertain the argument that thousands of low-skilled migrants out compete indigenous low-skilled labour and push down wages. But that obviously doesn't apply in this context. If anything, US DE and JP workers would actually need higher salaries to justify their coming to, and staying in, the UK. I don't mind whether or not people 'share my enthusiasm'. |
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