Current Affairs EU In or Out

[Joey66]

One quite obvious measure is the ~75,000 drop in EU migrants to the UK since the vote. The employment rate of EU migrants is around 75%, so that's 56,250 fewer workers, which if you assume that they earn the same average salary as the rest of the country, that's £300 million less in income tax per year. We could spend that on our NHS we could.

Or less benefits to pay out too Bruce be fair!

 

[bobbydigital]

Or less benefits to pay out too Bruce be fair!

Your mask is slipping Joe.

EU migrants are net treasury contributors remember.

 

[Joey66]

Your mask is slipping Joe.

EU migrants are net treasury contributors remember.

Tell me how much drain on services, benefits etc they drain on our economy my mask is not slipping when an immigration policy of a place as large as Hull enters our country per year you are making financial problems - also migrants we need them seem to take lower paid jobs and they are sometimes not advertised in the U.K.!

 

[Bruce Wayne]

Your mask is slipping Joe.

EU migrants are net treasury contributors remember.

To be fair, Joe's always been openly xenophobic.

 

[orly]

To be fair, Joe's always been openly xenophobic.

!!!!!!!!

 

[Old Blue 2]

https://www.grandoldteam.com/forum/threads/eu-in-or-out.89343/page-486#post-4887325

The figure is £82 million per week saved. That's compared to the £570 million per week the IFS forecast the government would lose as a result of Brexit.

So where does this loss of £570 million per week come from, Bruce. Serious question. Or are we delving into forecasts without foundation again...

 

[Old Blue 2]

Looking at the big picture here. Overall UK government revenue. Not just transfers between UK and EU.

Once we are out there will be companies that pay tax that leave, taking staff that pay tax with them therefore UK government have less money so either need to raise taxes or cut spending as the effect of this will dwarf the net or gross rebate.

Speculation not based on any kind of fact whatsoever. How so? Because it is in the future, and no-one, but no-one, can say what will happen post-Brexit. It's presently all pie-in-the-sky, it really is.

 

[Old Blue 2]

It's not exactly rocket science is it? The blasted leaflet Joe bangs on about was based primarily on forecasts done by the Treasury and the Institute for Fiscal Studies into the impact of Brexit on the economy. Osborne will have used those forecasts to project how public finances would be impacted, and then did outlined some measures the government could take in response to that fall in revenue. If I remember rightly, it wasn't just Osborne making the statement either, as he was sharing the stage with Alistair Darling so it had cross party support.

I believe they split the £30bn hit on public finances between spending cuts and tax rises. As is usually the case with these things, the poorer would likely have been effected more than the wealthier, which to be honest is exactly what will happen with Brexit anyway.

You set any store by anything Darling has ever said, or done? The kindest thing that could be said about Alistair Darling is that he was/is totally bloody incompetent, lacking a complete grasp of anything...

(Edit: you're not Alistair Darling, are you...?)

 

[Bruce Wayne]

So where does this loss of £570 million per week come from, Bruce. Serious question. Or are we delving into forecasts without foundation again...

It's based upon the IFS/Treasury forecasts on the cost of us leaving. If you prefer, the CBI put the benefits of membership at around £70bn per year, or £1.3bn per week.

 

[Bruce Wayne]

You set any store by anything Darling has ever said, or done? The kindest thing that could be said about Alistair Darling is that he was/is totally bloody incompetent, lacking a complete grasp of anything...

(Edit: you're not Alistair Darling, are you...?)

You're arguing about competence based upon the behaviour thus far of Johnson, May, Davis et al?

 

[Old Blue 2]

You're arguing about competence based upon the behaviour thus far of Johnson, May, Davis et al?

On the contrary, on the basis of his time, and decisions, when he was the Government Minister in charge of the Government Department I worked in...

 

[roydo]

On the contrary, on the basis of his time, and decisions, when he was the Government Minister in charge of the Government Department I worked in...

Civil Servant in "Thinks his boss is a plank" shocker.

 

[Old Blue 2]

Civil Servant in "Thinks his boss is a plank" shocker.

They weren't all like that, believe me. Some had a brilliant grasp of the issues involved with the Department. Unfortunately, Darling was as out of touch as his namesake in Blackadder...

 

[MarcoM]

IN under a torie gov. OUT under a true Socialist government with JC as PM.

 

[Armaghtoffee]

They weren't all like that, believe me. Some had a brilliant grasp of the issues involved with the Department. Unfortunately, Darling was as out of touch as his namesake in Blackadder...

Still think North of Ireland isn’t Unique? Without trawling the vaults, you were quite vociferous about this.