Quote:
Originally Posted by woj
exports for a country like US is maybe 15% of GDP, and majority of that is in sophisticated industries, requiring specialized skills and education... (finance, engineering, etc) so allowing uncontrolled immigration of unskilled labor does very little to help with exports...
and you are right, you can't keep the cake and eat it too... you can't have socialism and uncontrolled immigration of unskilled labor, cause like I described earlier, uncontrolled immigration causes existing workers to get displaced, which then need to be supported by the state... completely defeating the potential benefits of immigration...
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the UK has 1/3 of its GDP from export...this is significant...even if only 10% were to be affected it would have a domino effect and hit the ones barely making it and so on...as for the US and its 15% they are a balloon economy with debt that somehow "doesnt matter" nothing makes sense in the US economy right now...everything is a racket there
the UK is a more normal country...ok it has a real estate racket of its own but the rest is ok...