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If we vote for Brexit what happens
Comments
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I thought that the idea was that we should buy British to make Britain Great Again. Have we given up on that idea? Did I miss it?
I've no idea what you thought, but a cheaper pound will make UK produced/processed stuff more attracive price wise that foreign imports.
Britain already is great so there is no 'again' about it.
Currently we have pretty full employment although youth unemplyment is still high ; this is probably because the young have to compete with a large number of young immigrants.
Broadly, with the current level of employment we have no drastic need for more employment as such. Of course jobs are continually lost so we have a continuing need for more jobs. Without the flood of immigrants business would be better incentivised to improve productivity and produce higher value goods and services.0 -
setmefree2 wrote: »I'm sure the BBC could have made a longer one but it would have been boring for viewers. I think they made the point.
You are entitled to your opinion. I think you are wrong. I think you are wrong because the opinions polls tell me you are wrong.
If we had a second referendum tomorrow the opinion polls tell us that vote Leave would win.The polls tell us that voters want control over immigration put before access to the single market. The opinion polls tell us that voters are happy with May's approach.
What more evidence do you want?
What we think we know and what is fact are sometimes different. The video you cite did not show "all politicians". Fact. It showed mostly those who were active in the Leave campaign, Fact.Few people are capable of expressing with equanimity opinions which differ from the prejudices of their social environment. Most people are incapable of forming such opinions.0 -
Nobody knows what the Government offered Nissan. It's not likely to be direct subsidies for a number of legal reasons. Although the pound has devalued, no global manufacturer in their right mind is going to assume it will always be that way. Particularly after many years of sterling being supposedly overvalued.
In fact, global manufacturers like having factories based all over the world as it gives them natural hedging of currency risks.
It might not be direct subsidies but I'd be amazed if it isn't money in one way or another. Tax breaks for certain types of car development or whatever it is still amounts to having to pay them to stay.0 -
I've no idea what you thought, but a cheaper pound will make UK produced/processed stuff more attracive price wise that foreign imports.
That's a positive way to look at it. The reality for the consumer is that British goods aren't any cheaper so if they suddenly become price attractive it will involve the consumer paying more than now. A devaluation in sterling isn't a free lunch.Broadly, with the current level of employment we have no drastic need for more employment as such. Of course jobs are continually lost so we have a continuing need for more jobs. Without the flood of immigrants business would be better incentivised to improve productivity and produce higher value goods and services.
Maybe there will an increase in the creation of new companies which could be sold as well as goods and services?0 -
Details about trade from the business secretary 45 minutes in..
http://www.bbc.co.uk/iplayer/episode/b081wrqg/the-andrew-marr-show-30102016
So I wonder how the Hard Brexiteers view the words of Greg Clarke suggesting the Government's aim is to be part of a Custom's Union and havea similar arrangement that covers services. Sounds as soft as an unboiled egg to me.Few people are capable of expressing with equanimity opinions which differ from the prejudices of their social environment. Most people are incapable of forming such opinions.0 -
So I wonder how the Hard Brexiteers view the words of Greg Clarke suggesting the Government's aim is to be part of a Custom's Union and havea similar arrangement that covers services. Sounds as soft as an unboiled egg to me.
IIRC, Vince Cable was saying the same thing.
Best for all concerned IMO, as there's nothing stopping us trading with smaller partners with tariffs, and reviewing the situation if non-EU trade significantly passes EU trade and imports, which lets face it probably won't be the case for some time yet.💙💛 💔0 -
The answer has long been known;
EU-UK trade will not be hampered, time and again I've explained why, and how the EU has many tariff free deals with tiny insignificant markets, let alone us with existing fully aligned trade
No barriers to trade will be erected as this would harms French and German citizens, a point endlessly ignored by remainers
We will make our own decisions and turn our faces globally
We will monetise our deep global links and soft power
We will of course allow immigration, but we will make decisions on it. Hysterical rants about drawing up drawbridges and turning backs on neighbours was always nonsense
We will obviously work closely with our neighbours on cross border issues
All of this has been stated since the beginning, it's all common sense
Our soft power is dwindling by the day. The rest of the world are shaking their head. Go to Canada and discuss Brexit. Go to Italy. Got to France. Got to Germany. Go to Poland.
The world knows what the plan is, simply become the scab of Europe and an even bigger tax haven or ...
... bite our nose to spite our face to exclude foreigners because our electorate were stupid enough to believe that the weakness of our tribe was caused by having too many hands on deck.
Selfish or idiotic, It's not an attractive look. It doesn't add to our soft power and it will lead to greater inequality around the world or a poorer UK with no European veto.Proudly voted remain. A global union of countries is the only way to commit global capital to the rule of law.0 -
It might not be direct subsidies but I'd be amazed if it isn't money in one way or another. Tax breaks for certain types of car development or whatever it is still amounts to having to pay them to stay.
Greg Clark was discussing his letters to Nissan on Marr show. Its interesting that they are prepared to tell Nissan what their negotiating position is on Brexit, but not willing to tell MPs or the public.
Subsidising the transfer of supply chain to the Sunderland hinterland seemed to be one of the promises.Few people are capable of expressing with equanimity opinions which differ from the prejudices of their social environment. Most people are incapable of forming such opinions.0 -
Greg Clark was discussing his letters to Nissan on Marr show. Its interesting that they are prepared to tell Nissan what their negotiating position is on Brexit, but not willing to tell MPs or the public.
Subsidising the transfer of supply chain to the Sunderland hinterland seemed to be one of the promises.
Why should it be a promise though?
Sunderland voted themselves out of jobs, so should be left to get on with it.💙💛 💔0 -
That's a positive way to look at it. The reality for the consumer is that British goods aren't any cheaper so if they suddenly become price attractive it will involve the consumer paying more than now. A devaluation in sterling isn't a free lunch.
it is almost 100% certain that in the short term, the overall price of a person's basket of goods and services will rise.
In the longer terms then we may be all as poor as Germany that has 'suffered' from a low exchange rate for the last 15 or so years.
As I have repeatedly said, I consider the devaluation as inevitable : I place no moral valuation on inevitabality. I consider it neither 'good' nor 'bad' but given it will happen, then I would prefer it happened before our debt rose even more and before we have sold off even more of our future revenue streams and sold even more of our businesses.
Maybe there will an increase in the creation of new companies which could be sold as well as goods and services?
as I have already said that is an entirely logical possibility.
I would be interested to know of any evidence that this is actually happening.0
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