Manufacturing industry workers in China are paid
peanuts. They can survive
on this income because
breadline employees do not pay tax, and essentials
like
water, shelter and food are provided cheap
by other breadline workers. Cheap
labour attracts
manufacturing industry, and manufacturing industry
attracts
components and materials industries.
Components are cheaper in China because
components
are required there in huge quantities.
In the UK, minimum
wage employees earn far more
than Chinese factory workers because everything in
the
UK is more expensive (partly because corporations
select prices to match
what high earners will pay,
and partly because the minimum wage is so
high).
To kick start the manufacturing industry in the
UK, we need to
wipe out people's savings, crush their
income and raise unemployment to over
30% so we can
get a workforce that can compete with China on cost.
Do not
worry, our government is working hard for
decades at obtaining all those goals.
Just look
at what the have achieved so far.
Wealth comes from work that
add lots of value to
materials. This usually requires employees with a
good
education, not starving masses.
For years, UK politicians have been saying over
and over "standards in education are not falling".
I have not heard this
repeated for a while, so I
am sure they have at last convinced themselves.
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