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Skybird · 11-03-18, 12:10 PM

Low unemployment rates impress me only when the niveau of wages is such that people can not only live of their jobs in the present, but can also lay somethign beside and save for their high age and retirement.

Else you only install a great heap of social explosives.

Telling from Germn experiences. In rarely other European countries the low wage sector is as big as here. People in that sector cannot prepare for high age and retirement.

Thats why business wants high migration quotas: to prevent wages from needing to rise. Many workers seeking jobs: good for business. Few workers seeking jobs: bad for business.

But beside that ^, yes, I noted the story earlier, and yes, it made me smiling, too.

11-03-18, 12:10 PM	#3
Skybird Soaring Join Date: Sep 2001 Location: the mental asylum named Germany Posts: 42,609 Downloads: 10 Uploads: 0	Low unemployment rates impress me only when the niveau of wages is such that people can not only live of their jobs in the present, but can also lay somethign beside and save for their high age and retirement. Else you only install a great heap of social explosives. Telling from Germn experiences. In rarely other European countries the low wage sector is as big as here. People in that sector cannot prepare for high age and retirement. Thats why business wants high migration quotas: to prevent wages from needing to rise. Many workers seeking jobs: good for business. Few workers seeking jobs: bad for business. But beside that ^, yes, I noted the story earlier, and yes, it made me smiling, too. __________________ If you feel nuts, consult an expert.