Current Affairs EU In or Out

[Number_25]

What are the arguments against having a second referendum?

 

[Number_25]

To quote from your previous post: What support do you have for this claim...?

@EFC78

We haven't left yet.

That being said, I've spoken to several family members who have told me that - if a hard Brexit were to occur - their employers would struggle to find reason to stick in the UK.

Now, for me personally, this is great. The quicker we start normalising a "[Poor language removed] the economy" message, the quicker far left ideology will begin its grasp, the sooner we have a working class uprising, etc.

But do you want that?

 

[peteblue]

What are the arguments against having a second referendum?

What are the arguments for having one.....

 

[Gwladysstreetlad]

What are the arguments against having a second referendum?

That it wouldn't be respected anymore then the first was. If it was another leave victory we'd be right back here with the same people demanding a third. If it was a remain victory then leave would also demand a third. The whole thing would be a total farce. We'd be better off just ignoring the first vote then indulging in such nonsese.

 

[TraffordBlue]

To quote from your previous post: What support do you have for this claim...?

https://www.ft.com/content/dfafc806-762d-11e8-a8c4-408cfba4327c

The Brexit vote two years ago has damaged the UK economy, as a weaker pound has squeezed household incomes and uncertainty has hit investment.
On that, economists from all sides agree — despite having their differences over the extent of the damage and whether the harm will intensify.

On the two-year anniversary of the EU referendum, forecasters’ estimates of how much Brexit has dragged down the economy range from around 1 per cent of gross domestic product, or £20bn a year, to 2 per cent, or £40bn a year. An FT average of several models suggests that by the end of the first quarter of this year, the economy was 1.2 per cent smaller than it would have been without the Brexit vote. That represents a £24bn hit to the economy, amounting to a “Brexit cost” of £450m a week or £870 a household per year. The figure is increasing; when the FT last carried out a similar exercise, in December, the average cost was £350m a week.

 

[peteblue]

@EFC78

We haven't left yet.

That being said, I've spoken to several family members who have told me that - if a hard Brexit were to occur - their employers would struggle to find reason to stick in the UK.

Now, for me personally, this is great. The quicker we start normalising a "[Poor language removed] the economy" message, the quicker far left ideology will begin its grasp, the sooner we have a working class uprising, etc.

But do you want that?

What would a ‘working class uprising’ look like ?....

 

[peteblue]

https://www.ft.com/content/dfafc806-762d-11e8-a8c4-408cfba4327c

The Brexit vote two years ago has damaged the UK economy, as a weaker pound has squeezed household incomes and uncertainty has hit investment.
On that, economists from all sides agree — despite having their differences over the extent of the damage and whether the harm will intensify.

On the two-year anniversary of the EU referendum, forecasters’ estimates of how much Brexit has dragged down the economy range from around 1 per cent of gross domestic product, or £20bn a year, to 2 per cent, or £40bn a year. An FT average of several models suggests that by the end of the first quarter of this year, the economy was 1.2 per cent smaller than it would have been without the Brexit vote. That represents a £24bn hit to the economy, amounting to a “Brexit cost” of £450m a week or £870 a household per year. The figure is increasing; when the FT last carried out a similar exercise, in December, the average cost was £350m a week.

The Economist says something different....

https://www.economist.com/the-econo...ne-better-than-expected-since-the-brexit-vote

 

[Old Blue 2]

https://www.ft.com/content/dfafc806-762d-11e8-a8c4-408cfba4327c

The Brexit vote two years ago has damaged the UK economy, as a weaker pound has squeezed household incomes and uncertainty has hit investment.
On that, economists from all sides agree — despite having their differences over the extent of the damage and whether the harm will intensify.

On the two-year anniversary of the EU referendum, forecasters’ estimates of how much Brexit has dragged down the economy range from around 1 per cent of gross domestic product, or £20bn a year, to 2 per cent, or £40bn a year. An FT average of several models suggests that by the end of the first quarter of this year, the economy was 1.2 per cent smaller than it would have been without the Brexit vote. That represents a £24bn hit to the economy, amounting to a “Brexit cost” of £450m a week or £870 a household per year. The figure is increasing; when the FT last carried out a similar exercise, in December, the average cost was £350m a week.

You set any kind of store by economists? Jeez...

You quote financial predictions? Piss and wind as usual. Are you Mark Carney...?

No mention of unemployment down in recent times? I wonder why you don't mention it. Ah, it doesn't suit your agenda...

Selective in what you say and quote.

No point continuing with you either.

 

[roydo]

The Economist says something different....

https://www.economist.com/the-econo...ne-better-than-expected-since-the-brexit-vote

I assume you reached their concluding paragraph.


The question is whether this unexpectedly good performance can continue. As Britain’s departure from the EU in March 2019 nears, businesses may start to get more jittery, especially if they fear that a deal with the EU will not be reached. If investment spending is cut, then consumers will eventually start to feel the pinch. And Brexit itself, which is likely to leave Britain with severely reduced access to its largest export market, will have profoundly negative long-term economic consequences. For now, however, the British economy continues to sail blissfully into the unknown.

 

[peteblue]

I assume you reached their concluding paragraph.


The question is whether this unexpectedly good performance can continue. As Britain’s departure from the EU in March 2019 nears, businesses may start to get more jittery, especially if they fear that a deal with the EU will not be reached. If investment spending is cut, then consumers will eventually start to feel the pinch. And Brexit itself, which is likely to leave Britain with severely reduced access to its largest export market, will have profoundly negative long-term economic consequences. For now, however, the British economy continues to sail blissfully into the unknown.

I did, which is why I posted the whole article, but the main part of the article was reporting on ‘what has happened’ and the final paragraph is based on the writers view of ‘what may happen’ and that’s totally different......

 

[roydo]

I did, which is why I posted the whole article, but the main part of the article was reporting on ‘what has happened’ and the final paragraph is based on the writers view of ‘what may happen’ and that’s totally different......

Indeed. Things, economically, so far, have not been the train wreck some of the more vocal stirrers would have led us to believe.

But we havnt left yet. No one knows what will happen. I would have preferred not to gamble in the first place.

 

[TraffordBlue]

You set any kind of store by economists? Jeez...

You quote financial predictions? Piss and wind as usual. Are you Mark Carney...?

No mention of unemployment down in recent times? I wonder why you don't mention it. Ah, it doesn't suit your agenda...

Selective in what you say and quote.

No point continuing with you either.

Forums are designed for people to discuss their opinions. Just because others have a different one to yours doesn't mean there is any need to be so dismissive.

I'm going to guess that all of us on both sides are selective in what we say and quote.

 

[peteblue]

Indeed. Things, economically, so far, have not been the train wreck some of the more vocal stirrers would have led us to believe.

But we havnt left yet. No one knows what will happen. I would have preferred not to gamble in the first place.

I understand that Roydo, I think the great majority of Remain voters didn’t want to make any kind of change, or as you say ‘not to gamble’, for whatever reason, fear, fear of the unknown, lack of confidence in the U.K. I still do not see it as any kind of gamble, as on whatever basis, we will continue to trade with the EU and we will continue to increase our RoW trade. There may be hiccups, both good and bad (obviously the bad will be blamed on Brexit and the good just ignored), but we will continue to grow and we will be free from the nonsense of the Brussels/Strasbourg United States of Europe.......

 

[roydo]

I understand that Roydo, I think the great majority of Remain voters didn’t want to make any kind of change, or as you say ‘not to gamble’, for whatever reason, fear, fear of the unknown, lack of confidence in the U.K. I still do not see it as any kind of gamble, as on whatever basis, we will continue to trade with the EU and we will continue to increase our RoW trade. There may be hiccups, both good and bad (obviously the bad will be blamed on Brexit and the good just ignored), but we will continue to grow and we will be free from the nonsense of the Brussels/Strasbourg United States of Europe.......

Hope you are right.

 

[peteblue]

Hope you are right.

We’ll do fine......