If we vote for Brexit what happens

gfplux

Yet another report by "experts" who surely know nothing and have got it totally wrong.

https://www.theguardian.com/politics/2016/nov/24/uk-living-standards-squeeze-will-be-worse-than-after-global-crash

"Analysis of Wednesday’s autumn statement by the Resolution Foundation thinktank suggests average earnings are set to grow only half as rapidly as in the austerity years after the economic crisis. At the same time, living standards will be undermined by higher inflation and ongoing welfare cuts."

A_Medium_Size_Jock

gfplux wrote: »

I agree with you Jock. If the Government are not worried about these "forecasts" by "experts" why should I be.

5 months on from the referendum I don't see a lot of real change except the the lower value of the pound and even that has seen a small recovery. I am guessing that the currency traders are beginning to forget that Britain is due to leave the EU at sometime in the distant future.

In my eyes and whilst I am quite happy to admit that not everything in Brexit-land is a bed of roses OR will necessarily continue in such a positive vein, the continual cries of impending doom and gloom really are looking more than a little like nothing more than pure propaganda.
Such doom-mongers IMHO have learned nothing from the recent past, either with our own referendum or (following that) with the US presidential election.

People aren't as daft as some folk seem to think.
Slowly but surely the fact that "impending doom" just is not happening despite repeatedly being told "but it will" is registering with more and more people.
Comments not only on here but following news reports, on blogs and tweets would support that viewpoint.

Soon perhaps only the most vociferous anarchic pro-remainers will continue in this propagandist vein.
Like they do within much of these forums.

Herzlos

Conrad wrote: »

£400 million is about 15 days EU club fees which of course the Remainers don't bat an eyelid over

Indeed, but those EU club fees grant us a solid ROI, via the preferrential trade treatment we currently enjoy. The £400 million admin costs get us nowhere on their own, but still need to be recouped from our new found success before we can open the (French?) Champagne. As mentioned, it's £400m and millions of man-hours that could be doing something productive.

TrickyTree83 wrote: »

So what is wrong with assurances over investment in skills, training and R&D, whilst also seeking to obtain tariff free trade? Clearly if that is true then the possibility of non-tariff free trade is no longer an obstacle for Nissan?

Nothing at all; I'm just pointing out that tariff free trade is not a trivial concern, and shouldn't be downplayed.

CLAPTON

gfplux wrote: »

Yet another report by "experts" who surely know nothing and have got it totally wrong.

https://www.theguardian.com/politics/2016/nov/24/uk-living-standards-squeeze-will-be-worse-than-after-global-crash

"Analysis of Wednesday’s autumn statement by the Resolution Foundation thinktank suggests average earnings are set to grow only half as rapidly as in the austerity years after the economic crisis. At the same time, living standards will be undermined by higher inflation and ongoing welfare cuts."

do you accept the IMF forecasts that UK is set to grow at a faster rates than most of the EU?

nkomp18

CLAPTON wrote: »

do you accept the IMF forecasts that UK is set to grow at a faster rates than most of the EU?

Are you referring to the pre-brexit forecasts?

IMF revised its prediction following the vote. UK economy is set to to grow at one of the slowest rates in the EU:

http://www.independent.co.uk/news/business/news/imf-cuts-uk-2017-growth-forecast-again-in-wake-of-brexit-vote-a7344121.html

Conrad

Herzlos wrote: »

As mentioned, it's £400m and millions of man-hours that could be doing something productive.

All sorts of vast costs will be coming our way if we remain, why would you ignore these? Italy's situation is getting precarious, and if we are in, one way or another we will be billed for it just as we got billed for our thriving prostitution industry


EU is constantly in the news talking of the need for increased contributions

Conrad

nkomp18 wrote: »

Are you referring to the pre-brexit forecasts?

IMF revised its prediction following the vote. UK economy is set to to grow at one of the slowest rates in the EU:

http://www.independent.co.uk/news/business/news/imf-cuts-uk-2017-growth-forecast-again-in-wake-of-brexit-vote-a7344121.html

IMF have had to raise every forecast in the last year, especially those associated with the vote


How many more wrong forecasts before remainers wake up to the fact?


Same with polls and pundits, even well into election night claiming Clinton would 100% win, that Tories would not win a majority, that Leave could not win


OBR, Treasury, IMF and BOE all having to keep raising their 2016 forecast, ALL WRONG TIME AND AGAIN


How many more times will you read 'Experts baffled as UK shrugs off Brexit uncertainty once more'?

Herzlos

Conrad wrote: »

All sorts of vast costs will be coming our way if we remain, why would you ignore these? Italy's situation is getting precarious, and if we are in, one way or another we will be billed for it just as we got billed for our thriving prostitution industry


EU is constantly in the news talking of the need for increased contributions

Those are potential costs, that we potentially may still need to pay.

Anyway, my point is not that it's expensive, it's that in order for you to crow about Brexit being a success, any economic growth has to beat the costs we've spent getting there. You're "celebratory point" is not ( pre-brexit + £0.01), it's (pre-brexit + brexit-bill + £0.01), and as such you're starting well over £400m behind. That's a bit of a challenge, no? :j

A_Medium_Size_Jock

nkomp18 wrote: »

Are you referring to the pre-brexit forecasts?

IMF revised its prediction following the vote. UK economy is set to to grow at one of the slowest rates in the EU:

http://www.independent.co.uk/news/business/news/imf-cuts-uk-2017-growth-forecast-again-in-wake-of-brexit-vote-a7344121.html

An alternative POV reported the very same day:

Britain will be fastest growing G7 economy this year, says IMF

https://www.theguardian.com/business/2016/oct/04/britain-fastest-growing-g7-economy-imf-international-monetary-fund-brexit-vote

Also note post # 13558 above:

it seems that the outlook for Germany is much less bright.

Rinoa

mayonnaise wrote: »

Fewer than a hundred, Toastie...

When it mattered, 17,000,000+ turned up.