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John B.

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About John B.

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  1. Which reports say the stagnation of wages is minimal? It's basic economics - you increase the supply of labour and you can decrease the rate of wages. Less cheap labour and wages will rise to attract more people to higher paying jobs. Cheap labour does not add much to the tax revenues or public services as they pay the lowest levels of tax. Britain has some of the lowest productivity levels in the Western world. This is due to companies using cheap labour instead of investing in new modern equipment and machinery. I have some recent experience of this working in a factory making a high en
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