British jobs for British workers is great…..it is the thin end of the wedge. Think of it as the beginning of Protectionism, look at what Obama is doing with the american Steel legislation. Protectionism is a bad thing, it will make the recession a depression and look at your history books to see what could happen next. The last protectionist inspired depression was only really sorted out by 1945. I am not advocating that WW3 is on the way but politicians know that Protectionism will really mess things up so they can’t afford for this sort of thing to get a grip. It is really hard for British workers but think about it, if we shut the doors to foreign workers, we could equally see our expats sent home, our companies being refused for overseas contracts etc and as the vast majority of earnings from FTSE100 companies is derived from offshore markets then you will see how vulnerable we are….how every country is.
As with all these things, it is not as straightforward as it seems. Sadly, it might be best to leave the status quo. I’m just glad I am not affected by it, oh yes and I feel for those guys too but as always, the “common man” is at the mercy of bigger politics.