A tale of two cities-1

  The Hindu newspaper of 13-06-2024 contained two economy related articles one on Brexit and another one about elections in a state in India; Andhra Pradesh. It was interesting to see, how similar policies led to similar results in two different parts of the world. How you may ask. Let me explain.

 United Kingdom's exit from European Union was primarily to stop immigration to Eastern Europe. Conservatives riled up cultural sensitivities so much so that labour could only watch in the wing. It was messy, ugly and difficult. But U.K., achieved it nonetheless.

 Economic experts warned U.K. of dire consequences. The conservatives brushed those concerns aside. They proclaimed new trade deals with rising powers like India, China and others would make up for lost ground.

 Torrie's missed a crucial point here. Experts where warning that U.K. would lose valuable labour from Eastern Europe. They were the back bone of British economy, not trade with anyone.The point here is that, in order to trade; you need to produce something. Hence U.K. needs Eastern Europe as much as Eastern Europe needs U.K.. 

 All around the globe that is the case. Migrant labour is the back bone of any economy. Look around, who works harder; you or your friendly migrant?

 What about my jobs?

 Answer honestly, can you do the job your friendly migrant is doing? Are you even willing to? Then what are you talking about?

 Migrant labour creates jobs and prosperity. And jobs and prosperity creates more migrant laborers. It is what it is.

You may ask what benefit do you get. The answer is; you get money to pay for extravagant schemes like National Health Scheme in U.K. (N.H.S.). When wealth is created, it could be easily redistributed. 

 Now that British economy is tanking, schemes like NHS is under severe financial pressure.

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