RE: Oops - manu. growth 27 month low...1 Nov 2018 13:21
Economically it benefits the rich. Zero doubt about it. Everyone else? Higher house prices caused by rampant immigration (EU migrants being part of that) causes higher rents and mortgages and less disposable income. Limitless supply of cheap Labour from the poorer EU countries means lower wage inflation here as employers have no competition for employees.
Higher immigration means higher pressure on public services including the NHS, Schools, Roads and public transport.
The rich like the higher house prices, it makes them richer. They like the cheap Labor, it makes them richer. They don't care about the NHS waiting times, they go private. They don't care about classes sizes in schools getting bigger, or schools being over subscribed, they go private.
They don't care about the congested roads, they live in the most expensive areas nearer to their businesses.
The rich love the EU.
The poor hate it and with good reason.