Current Affairs EU In or Out

[I Miss Chang]

Like I’ve said before, you’ll never get three economists to agree about anything......

Sure you will: The academic consensus on austerity solidifies, but policymakers go their own sweet way

 

[Khalekan]

Why are people WUM's if they just have a different opinion from you?, he's entitled to express his views.

I'll tell you one thing that is very clear in here, the remainers are the angry hostile mob jumping on anyone who wants brexit.

Seems to me you are quite "angry" and "hostile" your own self

Having a little temper tantrum because sanity prevailed last night, are you?

 

[peteblue]

Peteblue I bet you are Brexit means Brexit arent you?

Depends what that means. I want out of the EU totally. I want to trade with the EU, which is what I originally voted for. I want no part of an EU superstate. So if Brexit means Brexit means that, then I am.......

 

[Joey66]

Could point me to an article written pre referendum about no deal?

I would love to read it. Be really interesting to see what people said of it back then.

I remember David Cameron being asked that question if we could not get a deal and had to leave with No Deal - his answer was yes it would be bumpy , but our economy was strong and we could survive in time, yet he would rather remain in the EU.....
you do realise that lot last night put 1 billion a month on any extension to article 50 .....
A GE will have to sort this out now definitely ..... you cannot negotiate with anyone with one arm tied up your back......
If we had a Brexiteer PM from day one I feel we would have left with a good deal by now......

 

[Bruce Wayne]

Depends what that means. I want out of the EU totally. I want to trade with the EU, which is what I originally voted for. I want no part of an EU superstate. So if Brexit means Brexit means that, then I am.......

At the risk of repeating myself Pete, you also voted originally for free movement, which was very much part of the Treaty of Rome.

 

[peteblue]

I remember David Cameron being asked that question if we could not get a deal and had to leave with No Deal - his answer was yes it would be bumpy , but our economy was strong and we could survive in time, yet he would rather remain in the EU.....
you do realise that lot last night put 1 billion a month on any extension to article 50 .....
A GE will have to sort this out now definitely ..... you cannot negotiate with anyone with one arm tied up your back......
If we had a Brexiteer PM from day one I feel we would have left with a good deal by now......

But the chlorinated chicken won’t have one.......

 

[OnlyBlueWillDo]

Seems to me you are quite "angry" and "hostile" your own self

Having a little temper tantrum because sanity prevailed last night, are you?

I'm sound as a pound lad no axe swinging here, just enjoying some healthy debate on this crapshow, and the remainer comment was not aimed at you, I have no idea which side you are on, it was just what seems to happen on here, if you are for brexit you get jumped on and basically called a racist and/or a crank or idiot.

 

[Paul Rideout]

It’s a trap, he’s going to sign you up to the LibDem party........

Is this what happened to Phillip Lee?? XD

 

[peteblue]

At the risk of repeating myself Pete, you also voted originally for free movement, which was very much part of the Treaty of Rome.

I was young, I didn’t know what I was voting for.......

 

[Paul Rideout]

Seems to me you are quite "angry" and "hostile" your own self

Having a little temper tantrum because sanity prevailed last night, are you?

As opposed to someone else’s self?

Why use condescending language. It really does undermine any valid points you make.

 

[peteblue]

I'm sound as a pound lad no axe swinging here, just enjoying some healthy debate on this crapshow, and the remainer comment was not aimed at you, I have no idea which side you are on, it was just what seems to happen on here, if you are for brexit you get jumped on and basically called a racist and/or a crank or idiot.

If you think that’s bad, try arguing with the Irish gang....

 

[dwightschrute]

I was young, I didn’t know what I was voting for.......

Sounds like not much has changed just your age

 

[peteblue]

Sounds like not much has changed just your age

And my experience and knowledge....

 

[edge]

anybody like myself , brexit voter but having to balance it against a Johnson government,
i have thought long and hard about it for about ten seconds and decided i would sooner have a labour government and sacrifice Brexit to stop him.
but feel i am a bit two faced for doing it after having held brexit views for the duration of this argument.

 

[Anders_Limpar]

Please bear in mind I’ve not picked up a text book on macroeconomics for 10 years.

Tbh I believe in modelling called real business cycles, it works on the premise that economies go through boom and bust, and rather than trying to prevent the bust or increase the boom you look to lessen both in order to have a smoother upwards trend.

Given that there was excessive spending by new labour (including selling gold at a stupidly low price), we found ourselves in a period of excessive ‘bust’.

The IMF, IMO use dated modelling - and we can see this through the premise that most macro models show austerity policies generally increase unemployment as government spending falls. Now using the real world - Has unemployment grown?

I’d say no.

On a very basic level the business cycle you describe makes sense - but couldn't this also be linked to a Keynesian model? ie. Spend during the bust to lower the effect?

This also then doesn't seem to fit with the idea of then having austerity measures in place for so long?