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Originally Posted by denphone
He say householders will be £4.300 worse off a year but like many of his other figures he seems to pluck figures out from nowhere so l wonder what the Brexit side will counter with now as they will probably come out with some pie in the sky claims as well one suspects.
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He's turned the diarrhea dial right up with that one.
It's disgusting that the government are able to use taxpayers' money to churn this bovine excrement out.
Even some in favour of our remaining are disgusted.
Quote:
Vote Leave, the official Out campaign, has released a rebuttal of the Treasury’s analysis document.
Below are the key points they’ve picked, among them the fact that it shows the government breaking its 100k net migration target and failed to consider new trade deals with non-EU countries after Brexit.
Here are their key points:
The £4,300 figure is based on the Government breaking its promise to reduce net migration to the tens of thousands.
If there were 6% fewer households than are currently predicted for 2030 due to lower net migration, there would be no reduction in household income at all (even assuming the Treasury are right that GDP would be 6.2% smaller in 2030 than it otherwise might have been).
The report fails to take account of savings from cutting the cost of EU regulation if we Vote Leave, which the Treasury has previously admitted are as high as 7% of GDP, or £4,638 per household.
The Government calculates its £4,300 figure by dividing a putative 6.2% lesser increase in GDP by 2030 by the current number of households – this is just another example of the Government using dodgy numbers.
The report downplays or ignores other benefits of leaving the EU, including striking free trade agreements with major emerging economies and cutting the UK’s budget contributions.
At no point does the report state that the UK economy will contract if we Vote Leave. The Treasury report admits that the UK will grow if it strikes a free trade deal with the EU.
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