Brexit the economy and house prices part 7: Brexit Harder

buglawton

The EU knows exactly what the UK wants: Our cake and eat it. The UK has a sense of entitlement based on the fact that post-Brexit we will still be very beneficial to the EU's trade balance and security. With additional deals to be done on fisheries and farming.

Unfortunately the UK's want is not compatible with what the EU wants, namely the moon on a stick.

And what's been glaringly missing so far is a reality based deal to meet in the middle.

Thrugelmir

buglawton wrote: »

And what's been glaringly missing so far is a reality based deal to meet in the middle.

Why would the EU want an equitable deal with the UK. Others might decide to follow at a later point in time.

buglawton

I think I already said it:
Unfortunately the UK's want is not compatible with what the EU wants

wintersunshine

Tromking wrote: »

Part of the equation when I voted Leave was don’t put me and family through an austerity era and then expect me to make your life easy by supinely voting to remain in the EU.
I voted precisely for the sort of political crisis we are witnessing now and would do the same again tomorrow.

It's because of Brexit that austerity has been so bad - so you've sort of shot yourself in the foot. Whilst everyone is thinking of nothing but Brexit, the Tories have just been slashing away....it's the equivalent of "it's a good day to bury bad news ".

Moby

Tromking wrote: »

No.
I’m suggesting the pain of austerity should be shared equally throughout the constituent nations of the U.K.
England has borne the brunt.

You clearly don't know much about life in parts of Wales!

cogito

wintersunshine wrote: »

It's because of Brexit that austerity has been so bad - so you've sort of shot yourself in the foot. Whilst everyone is thinking of nothing but Brexit, the Tories have just been slashing away....it's the equivalent of "it's a good day to bury bad news ".

Brexit started in 2008, did it?

I'm still waiting to hear how much more we should have borrowed to maintain services and what a Labour government would have done differently.

Enterprise_1701C

cogito wrote: »

Brexit started in 2008, did it?

I'm still waiting to hear how much more we should have borrowed to maintain services and what a Labour government would have done differently.

That's easy, they would have spent until the coffers were dry, in the meantime they would have put the tax rate up to 90% for those that they consider to be high earners, thus emptying the country of anyone with any money, and decreasing tax receipts, unemployment would sky rocket because people would not want to run companies required to have closed shops, everyone would become dependant on the state, and corbyn would achieve his dream whilst everyone else would be living a nightmare.

triathlon

wintersunshine wrote: »

It's because of Brexit that austerity has been so bad - so you've sort of shot yourself in the foot. Whilst everyone is thinking of nothing but Brexit, the Tories have just been slashing away....it's the equivalent of "it's a good day to bury bad news ".

I know I am going to wind the same old liberal leftie types up, but there was really no such thing as austerity, not on a large scale sense. The government following Gordon Brown were forced to do what they had to do because of the Labour crisis and financial crisis under Blair and Brown. We probably had the most painless recession/correction in history.

Today we have affordable food coming out of our ears and 1.7 bedrooms for every person in the UK today.

Tromking

cogito wrote: »

Brexit started in 2008, did it?

I'm still waiting to hear how much more we should have borrowed to maintain services and what a Labour government would have done differently.

Austerity started in earnest in 2010 with the start of the coalition government.
From my recollection Labour stated that they would be prepared to pay the deficit down over a longer period. Seemed reasonable at the time.
The mistake the coalition and this government made in IMO was to ringfence some big spending departments from any cuts and hit other budgets like welfare and justice incredibly hard.

Herzlos

Didn't the Tories slash all sorts of budgets drastically, yet still somehow managed to grow the deficit at the largest rate in recent history? What did they do with all the money?


There's a large element of "penny wise pound foolish" or lack of thought about side effects, since a lot of the austerity measures ended off costing more in the long run. We supposedly spent more in dealing with overturned benefits claims than we saved by outsourcing that effort.


Would Labour have done better? I honestly can't see how they'd have managed to do worse.