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Corbynomics: A Dystopia

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Comments

  • Agree consumers and exporters on both sides lose. If there had been tariffs on German cars in the 70s we'd only have been able to afford crummy BL cars and the Germans would have had fewer jobs in their car industry; lose / lose, although it would have suited the unions. But the import tariffs fund the tariffs on the exports, leading to a net gain for the net importer's treasury.

    The flaw in your reasoning is that tariffs are not socialised and distributed among the whole population. They are absorbed by the producer and the consumer. BMW think 850,000 jobs in their car industry depend on free trade access to the UK car market, so this should tell you who tariffs actually hurt. In the case of cars it's not going to be 80 million Germans generally, it's going to be the 1% of them who make them for Britain.
  • Moby wrote: »
    The deck is already stacked against women and ethnic minorities.....look at the make up of parliament. Look at the make up of the Judiciary........but hey don't let reality get in the way of your prejudices.

    Besides your quota theory doesnt explain the lack of talent in the Tory cabinet does it!

    The Conservative Party has provided us with two female, one gay, and one Jewish PM.

    The Labour Party has provided us with a series of public schoolboy Oxbridge toff PMs. Go figure.
  • The Conservative Party has provided us with two female, one gay, and one Jewish PM.

    The Labour Party has provided us with a series of public schoolboy Oxbridge toff PMs. Go figure.

    There is some doubt that Edward Heath was gay, some say he was asexual.

    However, point taken and it is one I have made myself. If you really want diversity, rather than clones, you'll find it in the Tory party.
    (AKA HRH_MUngo)
    Member #10 of £2 savers club
    Imagine someone holding forth on biology whose only knowledge of the subject is the Book of British Birds, and you have a rough idea of what it feels like to read Richard Dawkins on theology: Terry Eagleton
  • Agree consumers and exporters on both sides lose. If there had been tariffs on German cars in the 70s we'd only have been able to afford crummy BL cars and the Germans would have had fewer jobs in their car industry; lose / lose, although it would have suited the unions. But the import tariffs fund the tariffs on the exports, leading to a net gain for the net importer's treasury.

    The flaw in your reasoning is that tariffs are not socialised and distributed among the whole population. They are absorbed by the producer and the consumer. BMW think 850,000 jobs in their car industry depend on free trade access to the UK car market, so this should tell you who tariffs actually hurt. In the case of cars it's not going to be 80 million Germans generally, it's going to be the 1% of them who make them for Britain.

    BMW sells fewer than 200,000 cars a year in the UK. It seems unlikely that it takes 4 people to build each one.

    https://www.statista.com/statistics/300405/bmw-car-sales-in-the-united-kingdom/

    I like to think about trade as the Scottish Wine Problem. If we give up trade then Scots would have to drink Scottish wine and the French would have to drink French beer. I wouldn't wish either product on anyone.
  • chris_m
    chris_m Posts: 8,250 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    davomcdave wrote: »
    BMW sells fewer than 200,000 cars a year in the UK. It seems unlikely that it takes 4 people to build each one.

    We do, however, build a fair few - albeit not branded BMW.
    I like to think about trade as the Scottish Wine Problem. If we give up trade then Scots would have to drink Scottish wine and the French would have to drink French beer. I wouldn't wish either product on anyone.

    ROTFLMAO ;)
  • And to a lesser extent the Liberal Party, who had a bisexual dandy leader in Thorpe, and later, an ex-special forces leader in Ashdown. That's pretty unexpected in the same party, if you think about it: they couldn't really be much different in personality yet both were elected leader. Of course if there is no prospect of power you can have a comedy leader, as Labour is reminding us.
  • davomcdave wrote: »
    BMW sells fewer than 200,000 cars a year in the UK. It seems unlikely that it takes 4 people to build each one

    IIRC that was BMW's estimate of their industry, not their company. Add BMW to Mercedes to VW to Audi to Porsche, then add the parts and component suppliers, and that is probably how the figure of 850,000 is reached.
  • setmefree2
    setmefree2 Posts: 9,072 Forumite
    Mortgage-free Glee!
    Paul Nuttall is going to stand in Stoke Central......that might split the Brexit vote...
  • setmefree2
    setmefree2 Posts: 9,072 Forumite
    Mortgage-free Glee!
    Labour to decide on Copeland by-election candidate tonight
    A three-way battle will take place tonight to select Labour’s Parliamentary by-election candidate.
    Hospital campaigner Rachel Holliday, Copeland councillor Gillian Troughton and Allerdale councillor Barbara Cannon will fight for party members’ votes in Egremont Market Hall to get the nod in the race to succeed outgoing MP Jamie Reed.
    Labour’s selection process has already been mired in controversy amid reports that the influential GMB union will refuse to back Mrs Holliday, should she win tonight’s vote, after its preferred candidates failed to make the final shortlist.
    A source said that the GMB, which has backed Labour’s Copeland seat since the 1930s, is “furious” at the decision of the party’s national selection panel to overlook Cumbria county councillor Tim Knowles and former Dunfermline and West Fife MP Thomas Docherty for its shortlist.
    It is understood that eight were originally shortlisted and it was whittled down to the final three last Friday.
    It has been claimed in the national press that Mrs Holliday is party leader Jeremy Corbyn’s preferred choice to contest the by-election.

    http://www.newsandstar.co.uk/news/Labour-to-decide-on-Copeland-by-election-candidate-tonight-75c8639a-d2ee-428a-a150-7815e580a60f-ds
  • antrobus
    antrobus Posts: 17,386 Forumite
    ...The Labour Party has provided us with a series of public schoolboy Oxbridge toff PMs. Go figure.

    I'm not so sure that's true.

    I don't think that either McDonald or Callaghan went to university. And neither went anywhere near a public school. Wilson was a grammar school boy. Etc

    They were not all from the same mould as that nice Mr Blair.:)
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