The macroeconomics of UK immigration

The video discusses the economic impact of immigration, highlighting that while it boosts GDP, it does not significantly increase GDP per capita. It examines the winners and losers of immigration, noting that less skilled workers face increased competition. The Labour Party's immigration policy is critiqued for creating a 'reserve army of labour.' The video also questions the long-term sustainability of relying on immigrants to support the pension system, pointing out that the fiscal positives were overstated by the Labour government.

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