Current Affairs EU In or Out

[peteblue]

Are you familiar with the multiplier effect?

Indeed, but what is your point.....apart from from saying that percentage wise we gain more than the EU......

 

[bizzaro]

.have you included the RBS and Lloyds , billions( you know the ones we bailed out and pumped millions of taxpayers money into and owned) that were moved to Ireland , then used to prop up or right off IrIsh Debt ?
Its a lot higher than than the official quote loan, and was government / are money at the end of the day.

Its covered in a money law.

The UK government legally cannot loan the government of ireland any more money without amending that act of parliament.

RBS and Lloyds are UK domiciled companies. Not Irish. Nothing to do with this.

 

[Rob17896]

Semantics really. If we give a few quid to give regions a lift then good. Europe has given lots of our regions a lift and still does. Pity our administrations have not demonstrated so much social concern. Society is a word very much alive beyond our shores.

 

[peteblue]

The Brexit lot think.

You tell enough lies and 'it becomes the truth'

Its now a habbit to them. They like to quote this and that but there is ZERO reality behind what they're quoting.

All lies and distortions.

When you say "All lies and distortions", do you really mean that everything they say are lies or distortions, or are you just telling porkies........

 

[hullefc]

Simple maths it reads deficit of membership is NINE Billion pounds the other monies are paid by us in our rebates read the chart it simple maths!

3.6 UK public sector receipts in 2015, mainly from the European Agricultural Guarantee (EAGF), European Agricultural Fund for Rural Development (EAFRD) and the Social and Regional Development Funds, are expected to be around £4.4 billion. The majority of these receipts will either be paid to, or used in support of, the private sector but are channelled through government departments or agencies.

3.7 The EU makes some payments directly to the private sector, for example to carry out research activities. These payments do not appear in the public sector’s accounts. It is estimated that in 2013, these receipts were worth £1.4 billion. These payments are not included in Tables 3.A or 3.C-F, which provide data on public sector receipts only.

Presented to Parliament by the Financial Secretary to the Treasury by Command of Her Majesty December 2015.

 

[The Esk]

Indeed, but what is your point.....apart from from saying that percentage wise we gain more than the EU......

I am saying, and it's very clear to almost every economist I know, that the contribution in cash terms the UK makes to EU is returned multiple times in terms of economic activity.

The movement of capital around the EU, the expenditure for example on infra-structure generates much more than the cost of the investment. It is clear to all that having that stimulus removed from the economy both in the UK and EU is damaging for both parties.

Leaving the EU is economic madness.

 

[Joey66]

3.6 UK public sector receipts in 2015, mainly from the European Agricultural Guarantee (EAGF), European Agricultural Fund for Rural Development (EAFRD) and the Social and Regional Development Funds, are expected to be around £4.4 billion. The majority of these receipts will either be paid to, or used in support of, the private sector but are channelled through government departments or agencies.

3.7 The EU makes some payments directly to the private sector, for example to carry out research activities. These payments do not appear in the public sector’s accounts. It is estimated that in 2013, these receipts were worth £1.4 billion. These payments are not included in Tables 3.A or 3.C-F, which provide data on public sector receipts only.

Presented to Parliament by the Financial Secretary to the Treasury by Command of Her Majesty December 2015.

Not on that chart?
TBF the whole contribution Eu rebates are a farce, why pay in 18 billion and get 5 billion back straight away? Probally to fund your list above!
Ludricous IMO the reasons why people voted out!

 

[hullefc]

No problem, ghost. As I said in another post, I think this thread is useful to both sides in seeing where the other side is coming from. I'm picking up bits of the financial side of things that I had not looked at before.

That's what a debate should do.

 

[Old Blue 2]

You tell enough lies and 'it becomes the truth'

All lies and distortions.

You referencing Cameron's leaflet to every household that cost £9 million of taxpayers' money again, biz?

 

[peteblue]

I am saying, and it's very clear to almost every economist I know, that the contribution in cash terms the UK makes to EU is returned multiple times in terms of economic activity.

The movement of capital around the EU, the expenditure for example on infra-structure generates much more than the cost of the investment. It is clear to all that having that stimulus removed from the economy both in the UK and EU is damaging for both parties.

Leaving the EU is economic madness.

Exactly, economic madness to BOTH parties......which is why I believe a deal will be done and why Germany will insist that a deal is done.......

 

[Ruairi77]

Exactly, economic madness to BOTH parties......which is why I believe a deal will be done and why Germany will insist that a deal is done.......

so you want to remain in the EU?

 

[Rob17896]

Its a calculated risk by Brexit tonight to tell ABSOLUTE WHOPPERS.

Get away with it once. They calculate they'll get away with it again and again and again.

And reading some stuff on here, if they suggest we should dust down the Spitfires and go for Germany it would get plenty of support. After less than a day we understood they had no plan. Therefore many Tories ditched Johnson and yet still people think its a good idea. THERE IS NO IDEA and still it goes on.

 

[The Esk]

Exactly, economic madness to BOTH parties......which is why I believe a deal will be done and why Germany will insist that a deal is done.......

So you expect us to stay in the EU?

 

[bizzaro]

When you say "All lies and distortions", do you really mean that everything they say are lies or distortions, or are you just telling porkies........

Just tonight.

We've had lies and distortions about:


- VAT rates being set by the EU at 20%

- EU forcing the UK to loan £7 billion to Ireland (it was a bilateral loan worth half that).


Absolute whoppers.

 

[ToffeeDoug]

so you want to remain in the EU?

A reformed EU, not the EU as it is currently.