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Leith van Onselen – Fake left Guardian demands more low-wage migrants

Summary:
The Guardian’s open borders fetish is a betrayal of the working class and plays straight into the hands of the neoliberal capitalists it purports to fight. The economics is indisputable: continually increasing labour supply via immigration, and enabling employers to recruit workers from a global pool and to forgo training, necessarily reduces workers’ bargaining power and ergo wages growth. Fake left Guardian demands more low-wage migrants Leith van Onselen debates immigration on the Today Show Immigration lowers wages in the UK and Australia  [embedded content]

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The Guardian’s open borders fetish is a betrayal of the working class and plays straight into the hands of the neoliberal capitalists it purports to fight.

The economics is indisputable: continually increasing labour supply via immigration, and enabling employers to recruit workers from a global pool and to forgo training, necessarily reduces workers’ bargaining power and ergo wages growth.

Fake left Guardian demands more low-wage migrants


Leith van Onselen debates immigration on the Today Show


Immigration lowers wages in the UK and Australia 


Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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