Reply to post: Re: @iron

Google Pay tells Euro users it has ditched UK for Ireland ahead of Brexit

Doctor Syntax Silver badge

Re: @iron

"With the lowest unemployment rate in decades?"

Every economic analysis I read about this links it with static wages and failure to invest because it's cheaper to employ people rather than invest in more productive plant. Productivity is static or falling and GDP is failing to rise. A current article on the Beeb website calls it the lost decade. In short, it's nothing to celebrate. https://www.bbc.co.uk/news/business-47826195

But hey, what do economists know? They're only experts and haven't realised the glorious future that awaits when wage inflation everywhere else reduces us to a low wage economy and Chinese manufacturers set up sweatshops here because it's cheaper than any SE Asian country.

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