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October 22nd, 2018, 06:44 AM | #4221 | ||
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As ever, Jacques is guilty of two mistaken assumptions. These are:
Project Fear is all about concealment of the real core issues by means of scare mongering. But actually the core issues are rather more disturbing than whether Britain has low quarterly economic growth this autumn or whether the pound sterling is weak in currency trading markets. The core issues are:
Incidentally, just in case anyone thinks I don't consider economic arguments, I would point out that provided the currency is stable, a weak currency is much better for trade, exports and jobs than a strong currency. This is why Germany props up the Euro - her economy would not benefit if she reverted to the Deutsche-mark. Meanwhile, Jacques has made the assumption that staying in the single market is preferable for job security. I think the opposite is true. If you do not control your own borders and you allow the free movement of labour, then you can forget about job security.
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October 22nd, 2018, 10:04 AM | #4222 | |
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I do think Jacques is correct to predict a recession if we leave the single market. On the other hand, economics is really not a science, as we all know. We should all remember the 1970s prediction that injecting more money into the UK economy would increase inflation and decrease unemployment, but both went up (I can date my teenage understanding of this fairly precisely to buying the Men Only Christmas issue with Francoise Pascal!). The monetarist prediction in the later 1980s was that reducing the money supply would reduce inflation, which also failed to occur (I don't have a precise Men Only issue to date this, but I was probably looking at Kay Griffiths!). |
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October 22nd, 2018, 12:59 PM | #4223 |
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They ought really to have included Men Only in the RPI shopping basket.
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October 22nd, 2018, 03:19 PM | #4224 | |
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Maybe if everyone's jobs and income were similarly protected we would all be happy to crash out for the sake of some deluded idealistic 'Sovereignty'. Many of us 'Remainers' were no great enthusiasts for the EU but were just realistic about what outcome could be achieved by 'leaving' and were not taken in by the dreamland bullshit peddled by Johnson/Gove/Farage etc. |
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October 22nd, 2018, 05:21 PM | #4225 |
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Being in the EU hasn't done much good for trade. Trade war with the US. Companies moving to EU countries with lower wages and with EU subsidies. The loss of 600,000 (1/5 of total) of manufacturing jobs in the last decade well before the referendum.
Evidence of the EU already destroying Britain: Cadbury moved a factory to Poland in 2011 with an EU grant; Ford transit moved to Turkey in 2013 with an EU grant; Jaguar Land Rover has recently agreed to build a new plant in Slovakia with an EU grant, owned by Tata, the same company who have trashed our steel works and emptied the workers pension funds. Peugeot closed its Ryton plant and moved production to Slovakia with an EU grant. The British army's new Ajax fighting vehicles are to be built in Spain using Swedish steel at the request of the EU to support jobs in Spain with an EU grant rather than Wales. There are dozens of other examples. |
October 22nd, 2018, 06:48 PM | #4226 | |
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Don't forget that Britain also got many manufacturing contracts precisely because they were in the EU. Hard to say if they'll keep those now, but good luck anyway |
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October 22nd, 2018, 09:12 PM | #4227 |
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October 22nd, 2018, 09:13 PM | #4228 | |
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What is good for big business is not always good for the country.
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October 22nd, 2018, 10:13 PM | #4229 | |
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And brexiters swallow jokes like that? No wonder the world is laughing. Tell us about bendy bananas again. We are fascinated by such sophistication |
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October 22nd, 2018, 10:42 PM | #4230 | |
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Sovereignty is not an ideological thing, nor is it a delusion. Sovereignty is the right to make your own choices and to base these choices on what is in your own best interests. If you vote against that, you are indeed the turkey which votes for Christmas.
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