Current Affairs EU In or Out

In or Out

  • In

    Votes: 688 67.9%

  • Out

    Votes: 325 32.1%
  • Total voters
    1,013
Status
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Bruce Wayne said:
Then I'm confused, as the vast majority of EU migrants work, and thus contribute to the record employment levels at the moment. Surely you're not saying we're going through all of this to then keep things as they are, just because we now have the power to do so?
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I do not dispute that, but the stress on our communities, the oncost has anyone ever worked out the price of that via immigration worldwide also the hidden benefits a low paid migrant gets - housing benefit - tax credits - child benefits - they are entitled to them but is that ever worked in to the equation that does not act as a detriment to our budget by the way they quite rightly take those benefits under EU law!
How they are allowed to take benefits home with them is mind blowing of our fault as a badly led country by the way - alls I want is sovereignty with a fair controlled immigration policy nothing racist just parity with other independent countries.
I had a friend who got permission to get a visa to work in Boston USA summer boot camp loved it broadened his career path tried to stay on after 6 months of enjoyment when the job ended he was deported back to the UK at no time did he call the USA racist?
He just accepted the USA rules!
 
peteblue said:
Just reading up on Germany and it's dominance in exporting. Apart from the fact that it has loads of nice shiny cars and white goods to sell, it appears to have invested heavily into what is regarded as a German Global Export Network. Spread around the world this network typically helps the small and very small businesses to export in addition to it's large corporations. Obviously we have the UK Embassies and the British Chamber of Commerce and the like but it does make you wonder if the German help for the small companies is what is giving it the edge. Product mix is also important, coupled with the economic development of the target territory, it's easier to do a deal for say washing machines especially if you can set up a local manufacturer than it is for selling 'financial services'...

Leaving the EU and being almost forced to rebalance the forms of products that we sell could quite easily give the UK a much needed boost, especially coupled with the lower £. What a great time to be in our manufacturing industry........
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How? Who will finance the building of factories and buying the machinery to make these 'new' products? Not the City of London or other financial institutes who have not put a single penny into industry of the £450 billion of QE. For the City there is more money to be made from lending to buy property rather than long term to industry.

You put an article from the Independent the other week written by Ashoka Mody who in the article wrote this,

"Commenting on Carney’s vision, Martin Wolf warned in The Financial Times: “UK banking is a highly interconnected machine whose principal activity is leveraging up existing property assets.”

Wolf pointed out that only 1.4 per cent of bank loans were to the manufacturing sector. The financial sector’s expansion promoted only its own growth, Wolf wrote; even worse, it exacerbated “the British economy’s debt-induced fragility”.

There would have to be a sea change for the financial sector to lend to the manufacturing sector. I would be very surprised if this happened. For years the UK has imported car components, and the manufacturing sector has not taken that opportunity to borrow and build factories. There would have to be a shift in government policy to 'encourage' lending to manufacturing.
 
The Esk said:
I'd say the following: better education system produces more valuable, more productive workers; superior corporate structures, long term investment, no culture of short termism, reinvestment of profits rather than dividend culture; more skilled workforce and greater investment in technology; membership of a trading block with a currency weaker than would be the case if an independent currency. All of the above produces great quality products, efficiently manufactured, at a great price.

Now please answer the question I put to you:

If the EU does not hinder our ability to trade globally, how will leaving the EU increase our global trade?
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Use the example I used earlier with Mercosur. The EU deal has taken decades to try and agree because of the 28 country agreement issue. As the UK alone, we would already have done something by now with more favourable tariffs......we are hindered not by where we can go but the in country price of our goods and services due to the import duties currently in place within the export territories and as applied by the EU. If the tariffs are too high it hinders our competitiveness on price. A free trade deal would eliminate this barrier to entry.......
 
Joey66 said:
I do not dispute that, but the stress on our communities, the oncost has anyone ever worked out the price of that via immigration worldwide also the hidden benefits a low paid migrant gets - housing benefit - tax credits - child benefits - they are entitled to them but is that ever worked in to the equation that does not act as a detriment to our budget by the way they quite rightly take those benefits under EU law!
How they are allowed to take benefits home with them is mind blowing of our fault as a badly led country by the way - alls I want is sovereignty with a fair controlled immigration policy nothing racist just parity with other independent countries.
I had a friend who got permission to get a visa to work in Boston USA summer boot camp loved it broadened his career path tried to stay on after 6 months of enjoyment when the job ended he was deported back to the UK at no time did he call the USA racist?
He just accepted the USA rules!
Click to expand...

How do you mean the stress on communities?
 
The Esk said:
I'd say the following: better education system produces more valuable, more productive workers; superior corporate structures, long term investment, no culture of short termism, reinvestment of profits rather than dividend culture; more skilled workforce and greater investment in technology; membership of a trading block with a currency weaker than would be the case if an independent currency. All of the above produces great quality products, efficiently manufactured, at a great price.

Now please answer the question I put to you:

If the EU does not hinder our ability to trade globally, how will leaving the EU increase our global trade?
Click to expand...

Now addressing the first question again. Why do you believe that the Germans have a better education system ?
 
peteblue said:
Now addressing the first question again. Why do you believe that the Germans have a better education system ?
Click to expand...

I think you are having difficulties in answering how leaving the EU aids UK's global trading having confessed that being a member of the EU does not impair our trading.

No further questions M'lud
 
hullefc said:
How? Who will finance the building of factories and buying the machinery to make these 'new' products? Not the City of London or other financial institutes who have not put a single penny into industry of the £450 billion of QE. For the City there is more money to be made from lending to buy property rather than long term to industry.

You put an article from the Independent the other week written by Ashoka Mody who in the article wrote this,

"Commenting on Carney’s vision, Martin Wolf warned in The Financial Times: “UK banking is a highly interconnected machine whose principal activity is leveraging up existing property assets.”

Wolf pointed out that only 1.4 per cent of bank loans were to the manufacturing sector. The financial sector’s expansion promoted only its own growth, Wolf wrote; even worse, it exacerbated “the British economy’s debt-induced fragility”.

There would have to be a sea change for the financial sector to lend to the manufacturing sector. I would be very surprised if this happened. For years the UK has imported car components, and the manufacturing sector has not taken that opportunity to borrow and build factories. There would have to be a shift in government policy to 'encourage' lending to manufacturing.
Click to expand...

Necessity is the mother of invention, it is said. Change normally requires an overwhelming objective to initiate revised priorities. Our leaving the Eu is probably the biggest change that will be seen for some time......
 
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