Current Affairs EU In or Out

In or Out

  • In

    Votes: 688 67.9%
  • Out

    Votes: 325 32.1%

  • Total voters
    1,013
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There has been a deficit since the UK joined the single market/EU. In a way you could argue that has been a 'tariff' 'entry fee to the club' on UK goods and services sold to the EU. But in 1972 big business thought it a good thing to join the Common Market. You would have to look into the reasons they wanted it. But the suspicion at the time was it was a business club that wasn't good for the workers.
That's why we voted OUT twice I voted in and got conned third time lucky got an out vote older and wiser we have been ripped of for years as the graph shows!
 
He's not in government.

Correct. So he shouldn't try and tell the government to spend it on the NHS or schools. "We have a £10 billion, £34 million a day featherbed, that is going to be free money that we can spend on the NHS, on schools, on whatever it is". As he is not in the government he has no say where the money should be spent.

Edit. He also got the £10 million per year wrong.
 
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its 9 billion I put a official treasury chart up after rebates we pay 9 billion of deficit to out treasury. but look at this google chart -
article-0-0E7D3F1D00000578-723_468x240.jpg

dont forget if our GDP goes up we contribute more!

Of course you contribute more than you receive as one of the larger members. That's how it works.
 
its 9 billion I put a official treasury chart up after rebates we pay 9 billion of deficit to out treasury. but look at this google chart -
article-0-0E7D3F1D00000578-723_468x240.jpg

dont forget if our GDP goes up we contribute more!

The economic value to the UK economy of our £9bn contribution was approximately £70-75 bn in 2015 which makes our contribution a very worthwhile investment.

No-one has explained how we fill that hole in our GDP figures in the years ahead.
 
Of course you contribute more than you receive as one of the larger members. That's how it works.
The economic value to the UK economy of our £9bn contribution was approximately £70-75 bn in 2015 which makes our contribution a very worthwhile investment.

No-one has explained how we fill that hole in our GDP figures in the years ahead.
maybe like trading worldwide before we joined!
 
The economic value to the UK economy of our £9bn contribution was approximately £70-75 bn in 2015 which makes our contribution a very worthwhile investment.

No-one has explained how we fill that hole in our GDP figures in the years ahead.

I guess the next 6 to 12 months will give us an indication of how that £70B will be affected. Like it wont stop, but I suppose the equation is how much will go south, versus what/if we can start to improve from other global markets.

Bit of a high stakes roll of the dice with a massive economy mind.

But at least we can have our borders back and lob £350m a week at the NHS now.
 
One can point to a lack of funding but one can also point to the huge borrowing debt inherited debt from the previous administration.

There is hardly ever a straight forward answer as there can be so many factors involved.
"Huge borrowing debt" bailed out banks. All funded until then. Bankers continue to float, rain or shine.
 
its 9 billion I put a official treasury chart up after rebates we pay 9 billion of deficit to out treasury. but look at this google chart -
article-0-0E7D3F1D00000578-723_468x240.jpg

dont forget if our GDP goes up we contribute more!
I always objected to France milking agricultural payments. But for the wealthy members of a community of nations to help raise peasant and backward economies always seemed to me to be progress. International capital, and the City owed no loyalty to UK manufacturing. Thatcher saw no point in protecting state industries. So north east, midlands, south Wales, Scotland and north west left on scrapheap while City made money in far east. Not EU to blame.
 
I always objected to France milking agricultural payments. But for the wealthy members of a community of nations to help raise peasant and backward economies always seemed to me to be progress. International capital, and the City owed no loyalty to UK manufacturing. Thatcher saw no point in protecting state industries. So north east, midlands, south Wales, Scotland and north west left on scrapheap while City made money in far east. Not EU to blame.
I just remember the days before the common market, purchase tax on goods wer between 4 & 9 percent we dealt with commonwealth countries and the USA and China food was cheap as chips till that farming agriculture policy!
 
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