Brexit, the economy and house prices part 5

wunferall

Colour me shocked.


Since the big red bus, remainers have been fuming at the so-called "lies" saying that instead of paying the EU we could put some towards the NHS instead.

Now as we near the day of departure from the corrupt, domineering entity called the EU we are told that there will be a boost for the NHS and guess what? Remainers don't like being proven wrong. Remainers don't like that what they tried so hard to tell us was a lie has in fact been announced, proving the supposed lie false.

Remainers you can wriggle and squirm all you like, you can argue hows and wherefores to your hearts content but at the end of the day the £394 million per week NHS boost is going to happen.

Small wonder remainers are so obviously riled. They have been proven wrong yet again as they were with their other pre-referendum tripe.

Arklight

Tromking wrote: »

Can you quantify in facts and figures what "highly dependent" really means in this case?
Genuine question.

Quantitatively the EU comprise 43% of our export market.

Qualitatively our other important investors and trade partners do not want us to leave the EU.

For example, the Japanese government and Japanese private companies have severally stated that Japan invested in the UK as part of the EU and they are extremely concerned about what will develop.

You can say that there is some devil may care pot of gold that awaits us outside of the EU, but it is far from clear what this is. Especially considering British industry by and large doesn't want to leave.

Filo25

Let's seee how public finances/ the tax base look in a few years before getting too excited.

By all accounts the Treasury are livid as they now have to play along with this sad rubbish, stealth tax rises and higher borrowing here we come.

It suits the narrative though for some people and nobody will ever be able to prove exactly how much EU exit has cost the public finances, as Economics doesn't work like that (even if we could the evangelical Brexiters will still claim that was the government's fault and there was some other magical solution that would have avoided the issues).

At this stage I wonder if some posters on here are trolling, bots, backing their side at all costs, or just not particularly bright.

What I am pretty sure is that it's people like me who will end up paying through our taxes one way or another to really fund this, that said if I am going to be taxed for something I can think of worse things to spend it on than investment in the NHS.

kabayiri

vivatifosi wrote: »

I don't think anyone is denying that we will save the cost of being in the EU.

The big question is whether the economy will be sufficiently resilient that any saving is offset enough to produce a Brexit dividend. Or at least break even.
...

It might be a big question, but it is not one I have to answer.

It's about time that politicians of all colours followed up on their promises.

If PM May has made a statement about savings which can be achieved, I am entitled to hold her and her government to that. She has to deliver on it, not me.

The alternative is all to obvious. Namely, we don't believe anything they say, and stop voting or just choose more extreme options.

Tromking

Arklight wrote: »

Quantitatively the EU comprise 43% of our export market.

Qualitatively our other important investors and trade partners do not want us to leave the EU.

For example, the Japanese government and Japanese private companies have severally stated that Japan invested in the UK as part of the EU and they are extremely concerned about what will develop.

You can say that there is some devil may care pot of gold that awaits us outside of the EU, but it is far from clear what this is. Especially considering British industry by and large doesn't want to leave.

Thanks.
43% of exports is what % of the UK's three trillion dollar economy can I ask?

Carl31

ilovehouses wrote: »

Rather than not turning up to vote or taking to the streets couldn't we start by not voting for liars?

i think that would mean a complete rehaul of the political system, i dont think they would be willing to do that

Herzlos

Graham_Devon wrote: »

Government simply doesn't work like this.

By taking tax from income and profits?

We can't continue down this route whereby savings in one area are written off by assumptions of loses directly attributed to Brexit (which is impossible to sate in itself) in other areas.

This is all assumptions at this point. Post-Brexit we may or may not pay less into the EU, based on what we do/don't want access to. Lets assume we pay in zero, saving us £167m/week. About 1/4tr of what we're adding to the NHS budget, apparently. Where does the rest come from?

You are also assuming there will be no growth in any sector or area, only losses. I would say on this point, don't start repeating history.

No, I said that any losses to businesses will be reflected in losses to the government, because the tax businesses and staff pay is directly related to how well their businesses do. I may be wrong, but the vast bulk of the governments budget comes from tax of some form, rather than investments or tithes.

It was stated that directly after the vote we'd suffer. We haven't.

We have, but I've lost any will to argue with you on that one.

There is a clear and defined saving for the taxpayer when we stop handing over X million a week to the EU.

Hopefully. But that saving seems to be pretty small compared to the quantified losses, let alone the potential future losses.

If you deny there is to be a saving when we stop paying X millions to the EU each month, then that's your call.

I don't think anyone has ever denied that; you're wasting time on that strawman.


Of course, no where has May explicitly stated that the "Brexit Dividend" is a positive number. So she might not actually be lying.

Herzlos

Carl31 wrote: »

i think that would mean a complete rehaul of the political system, i dont think they would be willing to do that

Are there any politicians that aren't liars? I always assumed it was a fairly self-selecting job/demographic.


I'd settle for real, tangible punishments for politicians lying, up to and including fines, ejection from parties and jail time. Those that are left will either then have to be honest or really good at lying.

kabayiri

Carl31 wrote: »

i think that would mean a complete rehaul of the political system, i dont think they would be willing to do that

The political class works for the political class first and foremost. Whether it is Westminster or Brussels, it's just the same.

We are fed political tripe and onions about how voters matter, but in truth we are an inconvenience.

Graham_Devon

Herzlos wrote: »

This is all assumptions at this point. Post-Brexit we may or may not pay less into the EU, based on what we do/don't want access to. Lets assume we pay in zero, saving us £167m/week. About 1/4tr of what we're adding to the NHS budget, apparently. Where does the rest come from?

Additional taxation - As Theresa May said herself. This is in all the articles on the subject.

Of course, no where has May explicitly stated that the "Brexit Dividend" is a positive number. So she might not actually be lying.

Ahh right :undecided