Quote:
Originally Posted by Sephiroth
Where to start?
Higher minimum wage leads to higher end prices, cancelling out the value of the wage increase. Lower taxes then becomes the answer for both business and people at home. Then the real challenge - as you say - political choice fuelled by political incompetence.
As to the "bogey man" of the EU, they've proved it again. No sooner is the ink dry on the wretched Withdrawal Agreement", then Macron sticks his chest out to say that if the French can't fish in our waters, there will be no trade deal. We knew all that more than two years ago, and both Leavers and Remainers in this thread have used different sentiment to say this.
If it hurts the French so much not to be able to fish in our waters, and indeed the Spanish who want to seize Gibraltar, then a No Deal solution will cause them exquisite pain. The pain to us will be temporary because we will be free of their shackles, free to compete, free to take advantage of our freedom rather than be aligned to the EU's uncompetitive regime.
Or, we should remain as is and use our picador sticks to annoy them.
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So whether wages are low or not is irrelevant? So EU nationals “driving down wages” also drives down prices? I’m not sure how that supports the anti-immigrant agenda.
As for Macron the whole point of trade deals is compromise, whether with the EU, USA or Commonwealth countries they are all going to want something in return.
The USA want to sell us chlorinated chicken, the French want fishing rights, we want “frictionless trade” without freedom of movement. I don’t think any of this is hugely surprising or necessarily needs to evoke the adjectives used for the EU when if the shoe was on the other foot, or we had anything meaningful to trade with the EU, we would use that as leverage.