Current Affairs EU In or Out

[peteblue]

Bit spineless though isnt it?! And you can surely see where the EU have a right to feel peeved at all the shenanigans?!

I agree.....

 

[peteblue]

And under most favoured nation rules, they cannot offer breaks to some nations and not others. So it would be no tariffs to everyone or WTO tariffs. It feels like you've gone to the Boris Johnson school of trade treaties Pete.

We would not be offering breaks to some nations and not others, just within the U.K. WTO tariffs would be applied equally to everyone, we would just utilise the tariffs we receive to underpin our own exports......

 

[spectateur]

Why would I agree that a majority of working age people voted Remain. I will grant you that a majority of non working students may have voted Remain, just as they may have voted Labour or LD. To insinuate that unemployed/unskilled or retired folk make up the Leave vote is insulting tbh. I have four children, all graduates, in their 30’s and 40’s, two did not vote as they live and work outside of the U.K. (not in the EU btw), the other two voted Leave as did my wife and myself. My wife, who is receiving a pension, still owns and actively runs her business. I am now fully retired, meaning that I no longer put in 60 hour weeks, but even in retirement I have set up two small businesses for others to run and myself to oversee. So I don’t really agree with the point you are making......

You have a most wonderful family. Pity you are all so misguided as to vote "out".

 

[Bruce Wayne]

We would not be offering breaks to some nations and not others, just within the U.K. WTO tariffs would be applied equally to everyone, we would just utilise the tariffs we receive to underpin our own exports......

So we'd develop a whole new bureaucracy to manage this? How much would that cost? Who would staff it? What technology exists to perform such a task? Will the same vendor solve this as will solve the Irish border?

 

[Methuselah]

I don't know if you deliberately set out to mislead or just don't bother to research the things you write.

https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/524967/hm_treasury_analysis_the_immediate_economic_impact_of_leaving_the_eu_web.pdf#page=56

This was economic analysis performed by the Treasury Department and the quote you've referenced is the 'extreme shock' or worst case scenario outlined in that report. You might also remember the Bank of England printing several billion pounds immediately after the vote to make sure that scenario didn't unfold?

Yes Bruce, and if my memory serves me correctly, the worst case scenario was the only one they published. The best case scenario never saw the light of day. The Treasury, and arch-remainer Osborne, were criticised at the time for only pushing the worst case scenario. (well maybe not in the Guardian but they were in the Telegraph).

 

[Methuselah]

Okay so ignoring the obvious response that "we havent left yet" so the negatives are still being artificially put off....

Does it not ever occur to you that the Leave side simply argues that "the doom and gloom wont be as bad as feared" or "we survived the blitz we will manage through this".....sorry but at what point is the good stuff supposed to hit with Brexit?!

When campaigning for Leave it was all milk and honey. Now it's a case of disaster aversion (or actually just mitigation).

Thoughts?

Well it will start to hit as soon as the remoaners stop trying to disrupt everything and accept the democratic vote.

 

[Bruce Wayne]

Yes Bruce, and if my memory serves me correctly, the worst case scenario was the only one they published. The best case scenario never saw the light of day. The Treasury, and arch-remainer Osborne, were criticised at the time for only pushing the worst case scenario. (well maybe not in the Guardian but they were in the Telegraph).

You mean apart from in the link above that has been live since the report was published? I've been involved in a number of reports that have gone onto Gov.uk and they bend over backwards to make them as accessible as possible.

 

[Xizor]

Good luck growing our own lemons or oranges or wine or .....you get the picture.

But we already make wine! In Kent and presumably near there. Mind you, it's expensive stuff. But once we leave the EU and we can get that important trade deal with Kent, I'm sure we'll be getting a great deal.

 

[Xizor]

we will not have their much lauded ‘four freedoms’,

They are our freedoms too. Currently.

 

[Walken]

Because Johnson and Corbyn are two sides of the same coin. Both are power hungry and are hitching their horse to whatever will get them into government. He doesn't give two hoots about EU membership.

Yeah that 30 year ideologically consistant backbencher has always been so power hungry, looks like you read joeys book after all

 

[trebilcock66]

But we already make wine! In Kent and presumably near there. Mind you, it's expensive stuff. But once we leave the EU and we can get that important trade deal with Kent, I'm sure we'll be getting a great deal.

Cheers. Even if your point is serious (you are joking .....aren't you?) People will still want to buy French or Spanish or Italian or whatever.....

 

[Bruce Wayne]

The deal will not be a better one because we will not have their much lauded ‘four freedoms’, nor will we have the EU as a Political body, we will just trade with them.....

Christ Pete, that's a depressing thing to read.

 

[Ruairi77]

Well it will start to hit as soon as the remoaners stop trying to disrupt everything and accept the democratic vote.

there's no point in calling people 'remoaners'. It serves no purpose other than to further divide.
I would imagine that the majority of people are ok with accepting the democratic vote.
The problem is that the people who called for the vote have no idea how to implement the result.
The problem here is not the people who wanted to remain in the EU, the problem is opportunist politicians putting their careers and fringe agendas ahead of the greater good.
Due to political incompetence, you're now in the position where you have to find the least worst case scenario.

 

[Charlie Sweet]

Why would I agree that a majority of working age people voted Remain. I will grant you that a majority of non working students may have voted Remain, just as they may have voted Labour or LD. To insinuate that unemployed/unskilled or retired folk make up the Leave vote is insulting tbh. I have four children, all graduates, in their 30’s and 40’s, two did not vote as they live and work outside of the U.K. (not in the EU btw), the other two voted Leave as did my wife and myself. My wife, who is receiving a pension, still owns and actively runs her business. I am now fully retired, meaning that I no longer put in 60 hour weeks, but even in retirement I have set up two small businesses for others to run and myself to oversee. So I don’t really agree with the point you are making......

Seriously? The vote was 52-48. I'm travelling at moment but I know a huge statistical bias of the Leave vote was over 60. In addition it's pretty well acknowledged that a huge majority of 16-21 year olds are pro-Remain. The maths are pretty compelling Pete.

Likewise in terms of skills and educational attainment - a huge majority for Remain.

Well it will start to hit as soon as the remoaners stop trying to disrupt everything and accept the democratic vote.

Just answer the question please. What are the economic benefits of Brexit and when can we expect them?

 

[Methuselah]

Seriously? The vote was 52-48. I'm travelling at moment but I know a huge statistical bias of the Leave vote was over 60. In addition it's pretty well acknowledged that a huge majority of 16-21 year olds are pro-Remain. The maths are pretty compelling Pete.

Likewise in terms of skills and educational attainment - a huge majority for Remain.




Just answer the question please. What are the economic benefits of Brexit and when can we expect them?

Eh? Brexit was about regaining our sovereignty and independence, not about economic benefits - keep up. From an economic perspective I don't think we will be any worse off in the long term. The big bonus will come when the EU implodes and we are not caught up in the fallout. I once posted on here that I thought the implosion would happen in 8 to 10 years. I now think it will be sooner. The euro is the weak link.