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Bringing in low skilled workers with a route to settlement to hold down the cost of government services is a form of disguised debt. Use OBR figures for low wage migrants, and the implication is that the Boriswave care workers will cost ~£111bn. Their dependents will cost another £64bn.
Now consider how the bond markets would have reacted if Boris stood up and said he intended to borrow £175 billion over three years to prop up social care.

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