Current Affairs EU In or Out

[Toffeelover]

Capital has benefited, but it is hard to see how the rest of us have.

A study by the LSE into the average wage and living standards showed that since a point around 2005 (which coincides with the main burst of EU migration that occurred from 2004 onwards) average wages first plateaued and then sank as the 2008 recession hit:

What is more, wages have not recovered (as they have after previous recessions) because business still has access to a large pool of cheap labour that is willing to accept terms and conditions that British workers of a generation ago (or even this generation, if they were ever offered a choice) would never have accepted. On average people are earning 10% less than they were in 2008; this is at a time when executive pay has gone up by at least 20% and house prices by around 10-15%. What is more, the situation at the very bottom is even worse - there is massive pressure on available social housing (especially in the south east) and the rise of agency labour / the gig economy is removing much of the support network around those people, hence all the food banks and personal indebtedness (average non-mortgage household debt is up around 30% since 2011).

None of it is the migrants fault, of course, but the way it is being done benefits no-one (ironically apart from workers in Poland, where employers have had to put up their wages to compete). People calling for things to continue as they are should be greeted with the deepest suspicion.

Notice the peak was in 2010, What happened that year?????????? Could that be part of an explanation?

 

[edge]

Oh ffs.

*sells van*

don't worry with all this automation putting everybody out of a job nobody will be able to afford to get anything deliverd, so those pesky robots will be out of work as well , on the scrap heap with the rest of us.

 

[Toffeelover]

Cracking article for a second referendum written by a person who voted for Brexit - for some of the more agreeable reasons.

http://www.independent.co.uk/voices/brexit-tony-blair-radio-four-second-referendum-a7384676.html

The point is that article 50 has to be commenced for talks to begin. With regard to the outcome, Blair is suggesting another vote however how do you think Brussels will like that after two or more years of talks plus if article 50 is triggered can it be put back in the bottle.

 

[Toffeelover]

I've mentioned the work of Harvard's Dani Rodrick a few times, and he suggests that globalisation can only continue if people accept two of the following:

- economic integration
- democratic politics
- the nation state

I'd quite happily do away with the latter.

As for Hungary - http://www.bbc.co.uk/news/world-europe-37158330 (a lot of other sources covered the story if the BBC isn't your poison)

Then why are you against the exit vote?

 

[peteblue]

don't worry with all this automation putting everybody out of a job nobody will be able to afford to get anything deliverd, so those pesky robots will be out of work as well , on the scrap heap with the rest of us.

I thought the can of WD-40 was a nice touch......

 

[edge]

I thought the can of WD-40 was a nice touch......

if it can make a nice cup of tea and can do a bit of ironing , I am not against it

 

[Toffeelover]

So we are to believe that Nissan just took May at her word because she says it will all turn out OK?

Does it matter. The over riding issue is the preservation of jobs, keeping them in this country. Or do you have a problem with that and wish to engage in political point scoring like Corbyn and McDonnell, who should have been welcoming the preservation of jobs rather than the attitude they have presented.

 

[roydo]

Does it matter. The over riding issue is the preservation of jobs, keeping them in this country. Or do you have a problem with that and wish to engage in political point scoring like Corbyn and McDonnell, who should have been welcoming the preservation of jobs rather than the attitude they have presented.

I did find that odd when I heard it.

 

[The Esk]

Does it matter. The over riding issue is the preservation of jobs, keeping them in this country. Or do you have a problem with that and wish to engage in political point scoring like Corbyn and McDonnell, who should have been welcoming the preservation of jobs rather than the attitude they have presented.

Of course I don't have a problem with the news, I called it good news earlier in the thread.

My comment relates to how the deal was achieved, what was offered, what might other car manufacturers expect, is it sustainable?

Without these answers it is impossible to judge whether this is indicative of what other businesses will decide or was it just a one off?

All legitimate questions for which we need answers to judge the Government’s response to corporate concerns over Brexit.

 

[Bruce Wayne]

don't worry with all this automation putting everybody out of a job nobody will be able to afford to get anything deliverd, so those pesky robots will be out of work as well , on the scrap heap with the rest of us.

Lots of new jobs will emerge, but I don't think people (or the state) are in any way for the re-training that will be required.

Then why are you against the exit vote?

Because I think it's a terrible thing. I haven't suggested it shouldn't go ahead, but that doesn't mean I wish it wouldn't.

 

[peteblue]

Does it matter. The over riding issue is the preservation of jobs, keeping them in this country. Or do you have a problem with that and wish to engage in political point scoring like Corbyn and McDonnell, who should have been welcoming the preservation of jobs rather than the attitude they have presented.

I think people lose sight of what is important while trying to prove a point........

 

[roydo]

Of course I don't have a problem with the news, I called it good news earlier in the thread.

My comment relates to how the deal was achieved, what was offered, what might other car manufacturers expect, is it sustainable?

Without these answers it is impossible to judge whether this is indicative of what other businesses will decide or was it just a one off?

All legitimate questions for which we need answers to judge the Government’s response to corporate concerns over Brexit.

I obviously do not have a clue what the details were.

But imo, this is the first concrete bit of certainty in the whirlwind of hyperbole and concern since the vote. And it shows to me that May and her team seem to be set on a practical rather than a dogmatic approach to the hand they have been dealt.

On whatever side of the political or vote fence one sits, I think that is encouraging.

 

[peteblue]

I obviously do not have a clue what the details were.

But imo, this is the first concrete bit of certainty in the whirlwind of hyperbole and concern since the vote. And it shows to me that May and her team seem to be set on a practical rather than a dogmatic approach to the hand they have been dealt.

On whatever side of the political or vote fence one sits, I think that is encouraging.

Indeed......

 

[tommytowne]

With regards the so called sweetheart deal to secure Nissan in this country, don't ask me to quote exact instances, but this kind of deal has been undertaken for many years by the major players that are France and Germany when it suited their interests.

 

[peteblue]

With regards the so called sweetheart deal to secure Nissan in this country, don't ask me to quote exact instances, but this kind of deal has been undertaken for many years by the major players that are France and Germany when it suited their interests.

I expect the EU commission will now poke its nose in and tell us whatever we did to reassure Nissan that it's illegal then....