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Originally Posted by mkpdavies
Which is still pretty high IMHO.
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Yes i totally agree. Thank God for Migration Watch. These figures are shocking. Simply saying that they are not as precise as they suggest.
For example they take old trasury figures for revenue and spending that project forward, they divide up amongst a rough estimate of workers, add 10% to allow for incresed infrastrucutre spending and divide up again to arrive salary in 2003/4. Then they uprate at 4% pa. in line with average wage growth.
They could be far more accurate and look at the wage growth in specific sectors where migrants are known to work for example. Or take more recent revenue/spending figures.