Britain outside the EU

[ianch99]

What is interesting, as well as inevitable, is the increasing number of articles & reports detailing the role of Brexit in the problems we see today.

Brexit will leave workers poorer than they would have been and has damaged Britain's competitiveness, new study says

Brexit has damaged Britain's competitiveness, will reduce productivity and leave the average worker poorer than they otherwise would have been, according to a new study.

The Resolution Foundation said leaving the EU has reduced how open and competitive Britain's economy is.

And it goes further to say it has also led to an increase in cost of living and the level of business investment falling.

The report, in collaboration with the London School of Economics, said this was all as a result of a "depreciation-driven inflation spike" following Brexit.

https://twitter.com/i/status/1539170022295277568

Boss of @Ryanair, O'Leary: "This gov't couldn't run a sweet shop. We are fully staffed. But we are hide-bound and hamstrung by a gov't so desperate to show #Brexit has been a success, when it's been an abject failure, it won't allow us to bring in EU workers to do these jobs."

and yes, even Piers Morgan is discussing it:

At some stage, Brexit needs to start working - because so far, I see no evidence it is doing anything other than making British lives more difficult.
I say this as someone who voted Remain but accepted the result & now wants to see Brexit work the way we were promised it would.

You know its a real problem for the Tories when the Express starts whinging:



This will become more of an issue for the Tories as the pain of Brexit seen in inflation, etc. starts to bite people who, previously, may not of cared too much.

[1andrew1]

Originally Posted by ianch99

What is interesting, as well as inevitable, is the increasing number of articles & reports detailing the role of Brexit in the problems we see today.

Brexit will leave workers poorer than they would have been and has damaged Britain's competitiveness, new study says

https://twitter.com/i/status/1539170022295277568

and yes, even Piers Morgan is discussing it:

You know its a real problem for the Tories when the Express starts whinging:

[img]Download Failed (1)[/img]

This will become more of an issue for the Tories as the pain of Brexit seen in inflation, etc. starts to bite people who, previously, may not of cared too much.

I think one indication is that Brexit is not working is the fact that the government acknowledges that customs imports checks add increased costs so it is postponing these for years.

The Resolution Report which generated the Evening Standard headline Brexit will hit workers’ real wages by nearly £500-a-year is a powerful way of demonstrating the downside of Brexit in a way that a reduction in GDP does not.

I'm sure there will be many cynics who think you spent the day searching for bad news stories on Brexit. The reality is apart from bankers' bonuses, there are no genuine Brexit benefit stories. We could have had blue passports and crown marks on pints before Brexit, to take some of the more talked-about benefits.

[Sephiroth]

Our sovereignty in the right hands would have worked wonders with Brexit.

Still, sovereignty trumps GDP in my eyes, so long as it's for the short term while we adjust and develop.

Sadly, even COVID can't protect this shambles of a government from the accusation that they are doing little if not nothing to make Brexit worthwhile, particularly as regards the tax regime.

[1andrew1]

Originally Posted by Sephiroth

Our sovereignty in the right hands would have worked wonders with Brexit.

Still, sovereignty trumps GDP in my eyes, so long as it's for the short term while we adjust and develop.

Sadly, even COVID can't protect this shambles of a government from the accusation that they are doing little if not nothing to make Brexit worthwhile, particularly as regards the tax regime.

It's permanent due to increased costs rendering the country less productive.

I think the original report is worth reading. It's a calm, a-political and evidence-based read.

https://www.resolutionfoundation.org...he-big-brexit/

[Pierre]

Of course, everything is just fine in the land of milk and honey

https://www.reuters.com/world/europe...ke-2022-06-20/

https://apnews.com/article/germany-p...igher%20prices.

https://www.thisismoney.co.uk/money/...is-mounts.html

[Dave42]

Brexit will leave workers poorer than they would have been and has damaged Britain's competitiveness, new study says

https://news.sky.com/story/brexit-wi...-says-12638190

---------- Post added at 15:10 ---------- Previous post was at 15:06 ----------

Originally Posted by Pierre

Of course, everything is just fine in the land of milk and honey

https://www.reuters.com/world/europe...ke-2022-06-20/

https://apnews.com/article/germany-p...igher%20prices.

https://www.thisismoney.co.uk/money/...is-mounts.html

if brexit is so great why is it only Russia is a worse place that UK in the G20 clue Russia is sanctioned by lots of word UK only country in word to impose economic sanctions on itself

[1andrew1]

Originally Posted by Pierre

Of course, everything is just fine in the land of milk and honey

https://www.reuters.com/world/europe...ke-2022-06-20/

https://apnews.com/article/germany-p...igher%20prices.

https://www.thisismoney.co.uk/money/...is-mounts.html

The nuanced report is not about the rest of the World being just fine or not. It's about the impact of Brexit on the UK in the long-term.

[ianch99]

Originally Posted by Sephiroth

Our sovereignty in the right hands would have worked wonders with Brexit.

Still, sovereignty trumps GDP in my eyes, so long as it's for the short term while we adjust and develop.

Sadly, even COVID can't protect this shambles of a government from the accusation that they are doing little if not nothing to make Brexit worthwhile, particularly as regards the tax regime.

Maybe the permanent reduction of GDP was on the backside of the bus Pity you can't eat "sovereignty" ..

[TheDaddy]

Originally Posted by ianch99

This will become more of an issue for the Tories as the pain of Brexit seen in inflation, etc. starts to bite people who, previously, may not of cared too much.

Well people should have cared

the price good men pay for indifference to public affairs is to be ruled by evil men

Plato said that thousands of years ago and it's as true now as it was then, that's not saying I think bozo and his chums are evil but whose interests are they acting in, that's the price of indifference today imho

---------- Post added at 16:27 ---------- Previous post was at 16:26 ----------

Originally Posted by Sephiroth

Our sovereignty in the right hands would have worked wonders with Brexit.

Still, sovereignty trumps GDP in my eyes, so long as it's for the short term while we adjust and develop.

Sadly, even COVID can't protect this shambles of a government from the accusation that they are doing little if not nothing to make Brexit worthwhile, particularly as regards the tax regime.

Not really what was promised though was it, could have worked wonders

[Pierre]

Originally Posted by Dave42

if brexit is so great why is it only Russia is a worse place that UK in the G20 clue Russia is sanctioned by lots of word UK only country in word to impose economic sanctions on itself

The Ruble has actually bounced back and is performing very well at the moment, as Russian fuel sales are up.

[Dave42]

Brexit’s Legacy Is Hotter UK Inflation Risk for Years Ahead
‘The economy is extremely fragile,’ says Citigroup strategist
Brexit is a key reason why investors are still avoiding the UK

https://www.bloomberg.com/news/artic..._medium=social

[Pierre]

Originally Posted by 1andrew1

The nuanced report is not about the rest of the World being just fine or not. It's about the impact of Brexit on the UK in the long-term.

I would always treat a “study” that try’s to “predict” anything, and is based on “estimates” with a healthy dose of scepticism.

Originally Posted by TheDaddy

Well people should have cared

the price good men pay for indifference to public affairs is to be ruled by evil men

Plato said that thousands of years ago and it's as true now as it was then, that's not saying I think bozo and his chums are evil but whose interests are they acting in, that's the price of indifference today imho

---------- Post added at 16:27 ---------- Previous post was at 16:26 ----------



Not really what was promised though was it, could have worked wonders

Yes it could, if there had not been Brexit saboteurs in the ranks. Problem with Remainiacs (A Remainiac is a vote remainer, who has never accepted the result and follows a ridiculous cult like belief that the result was due to lies, despite there being several democratic exercises that showed, the country wanted Brexit) that they desperately want it to fail, so we can rejoin a corrupted EU. The EU have not played ball at all. Punishing a country to dare leave its midst.

I still do not regret my vote to leave 6 years ago today. I was not lied to, or deceived and would still vote leave again and again. We have the democratic right to self determination. I was always prepared to accept any economic pain for our right to be an independent self governing nation. We are still coming through the economic pain of a global pandemic, but there is no doubt the naysayers and anti democratic folk want failure to validate their justification to be part of the EU.

[1andrew1]

Originally Posted by Pierre

I would always treat a “study” that try’s to “predict” anything, and is based on “estimates” with a healthy dose of scepticism.

I agree it's also worth putting your critical thinking hat on when reading anything and looking at the organisation publishing the report. In this instance, it's the well-respected and very transparent Resolution Foundation whose stated aim is to improve the standard of living of low- and middle-income families.

[tweetiepooh]

On my personal wealth I love this scripture :
'I ask you, God, to let me have two things before I die: keep me from lying, and let me be neither rich nor poor. So give me only as much food as I need. If I have more, I might say that I do not need you. But if I am poor, I might steal and bring disgrace on my God. '



More generally I don't see anywhere condemnation of wealth but only on how it is used. He also makes it clear that our first love should be for God and we can't serve both God and wealth.