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Why Britain's debt is on a dangerous trajectory
Comments
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mayonnaise wrote: »It's not a new thing due to brexit.
Much exacerbated due to brexit though.
As per the article.
As per the article?
:rotfl:
We've seen such articles attempt to blame Brexit for so many things which have proven to be utter tripe that you surely cannot STILL be reliant upon such tosh?
Apparently the warm summer is the result of increased heat generated by the fuming of super-heated keyboards and their connected computing paraphernalia as anti-Brexiters turn keyboard warriors in their massed attempts to overturn a democratically-decided vote.
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mayonnaise wrote: »It's not a new thing due to brexit.
Much exacerbated due to brexit though.
As per the article.
I don't think so. Household debt to GDP appears to have been stable over the past year or more since the referendum. Which I presume is what you mean by 'Brexit', since the actual Brexit hasn't happened yet.
https://tradingeconomics.com/united-kingdom/households-debt-to-gdp0 -
[/I]Are we supposed to believe that adding a million imported people to the population every 4 years would take us on the road to zero national debt and that's a good idea?
Yes, exactly right.
As all those people are doing is replacing the young workers we failed to breed ourselves for the last 50 years.If so, all I can say is, how about we earn our way out of it instead, like other countries are expected to?
To do that we'd need to at least breed at the replacement rate (clue is in the name) rather than failing to breed enough people to replace ourselves with since 1970.
When it comes to paying off the national debt, 'many hands make light work', whereas those who advocate reducing migration expect an ever larger tax burden to be born by ever fewer working people...“The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.
Belief in myths allows the comfort of opinion without the discomfort of thought.”
-- President John F. Kennedy”0 -
:rotfl: We've seen such articles attempt to blame Brexit for so many things which have proven to be utter tripe that you surely cannot STILL be reliant upon such tosh?
Apparently the warm summer is the result of increased heat generated by the fuming of super-heated keyboards and their connected computing paraphernalia as anti-Brexiters turn keyboard warriors in their massed attempts to overturn a democratically-decided vote.
Nice one, thank you. Since I can't thank you more than once, I thought I would 're-post' your comments. :T:rotfl::beer:0 -
HAMISH_MCTAVISH wrote: »Yes, exactly right.
As all those people are doing is replacing the young workers we failed to breed ourselves for the last 50 years.
To do that we'd need to at least breed at the replacement rate (clue is in the name) rather than failing to breed enough people to replace ourselves with since 1970.
When it comes to paying off the national debt, 'many hands make light work', whereas those who advocate reducing migration expect an ever larger tax burden to be born by ever fewer working people...
If a few million east europeans migrate to uk on minimum wage, pay virtually no tax, receive child benefit, housing benefit and enjoy free use of our public services, how does that help support pensioners?If I don't reply to your post,
you're probably on my ignore list.0 -
If a few million east europeans migrate to uk on minimum wage, pay virtually no tax, receive child benefit, housing benefit and enjoy free use of our public services, how does that help support pensioners?
You omitted to say that they also send money back home. Much of what they earn does little for the wider UK economy.0 -
The UK's replacement rate is in the top EU group currently:HAMISH_MCTAVISH wrote: »Yes, exactly right.
As all those people are doing is replacing the young workers we failed to breed ourselves for the last 50 years.
To do that we'd need to at least breed at the replacement rate (clue is in the name) rather than failing to breed enough people to replace ourselves with since 1970.
When it comes to paying off the national debt, 'many hands make light work', whereas those who advocate reducing migration expect an ever larger tax burden to be born by ever fewer working people...
https://ec.europa.eu/eurostat/statistics-explained/index.php/Fertility_statistics
And all the countries in the bottom group are where our EU immigrants are coming from, oddly enough.
What is it about EU policies that make those Southern and Eastern European countries depopulate while adding to our already respectable native replacement rate?
No I don't think that letting out the spare room and the back garden is an acceptable way to balance the household budget, to make an analogy. Instead our own family members should be getting out and doing more productive work and trading to bring more cash in.0 -
mayonnaise wrote: »It's not a new thing due to brexit.
Much exacerbated due to brexit though.
As per the article.
Blog piece, actually.
It's just someones opinion. Something this forum is forever laughing at the HPC forum for posting....blog pieces.0 -
If a few million east europeans migrate to uk on minimum wage, pay virtually no tax, receive child benefit, housing benefit and enjoy free use of our public services, how does that help support pensioners?
Because the EU migrants we've had, in the numbers we've had them in, and in the jobs they've taken are significant net contributors.
Paying in Billions a year more than they take out.;)“The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.
Belief in myths allows the comfort of opinion without the discomfort of thought.”
-- President John F. Kennedy”0 -
HAMISH_MCTAVISH wrote: »Because the EU migrants we've had, in the numbers we've had them in, and in the jobs they've taken are significant net contributors.
Paying in Billions a year more than they take out.;)
According to only one study, from, funnily enough, a pro-immigration lobby organisation.
3 others show something completely different.0
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