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Brexit

No Deal supporters? Can you see any downsides? If so, why are these outweighed by the upsides.

496 replies

bellinisurge · 03/07/2019 20:14

Genuine question. I was prepared to accept WA but that was apparently not sufficient. So, why is No Deal better?

OP posts:
MeganBacon · 06/07/2019 16:09

Yes 1tis, the question of how it will be spent is what we should all be putting our energy into now, not bemoaning the seemingly inevitable fact that we are leaving, one way or another.

LifeContinues · 06/07/2019 16:12

When the under sofa money has been spent where does the next stimulus money come from? Even JRM estimates that it will be 50 years before UK feels the full benefit of Brexit.

Largs · 06/07/2019 16:13

the question of how it will be spent is what we should all be putting our energy into now, not bemoaning the seemingly inevitable fact that we are leaving, one way or another.
Absolutely.

Largs · 06/07/2019 16:22

Ideally, the stimulus will cause investment in research, new greener tech and agriculture, increased productivity, automation, growth ... if done right .

MeganBacon · 06/07/2019 16:22

In response to a question about how long it would take to feel the benefit, JRM did not try to estimate how soon we would feel the benefit but just said it may take 50 years to feel the full benefit. It doesn't mean there won't be benefit sooner (who knows?) and there's nothing wrong with that statement.

MeganBacon · 06/07/2019 16:27

When the under sofa money has been spent where does the next stimulus money come from?
The aim is to stimulate the economy sufficiently so that the economy recovers, tax revenue increases, debts are repaid. There should not be an ongoing need for stimulus.

1tisILeClerc · 06/07/2019 16:28

{Ideally, the stimulus will cause investment in research, new greener tech and agriculture, increased productivity, automation, growth ... if done right .}

So let's kick it off by hammering all these new industries with a 10% tariff disadvantage.
And as I and others have said, why the hell have they/are they waiting until after the shit hits the fan? Why were the miners not redeployed 30-40 years ago?

1tisILeClerc · 06/07/2019 16:32

{ It doesn't mean there won't be benefit sooner (who knows?) and there's nothing wrong with that statement.}

WRONG, WRONG, WRONG. The government is supposed to MAKE the plans and projections for the next 30-50 years or so, bot sit and wait for something else to happen.
BoJo and Hunt should be trowing at least semi worked out plans for the rebuilding of glorious UK now, not promising some sort of fuck up on 31 October and then see what happens.

1tisILeClerc · 06/07/2019 16:32

bot= not.

MeganBacon · 06/07/2019 16:34

Why were the miners not redeployed 30-40 years ago?

Again, quoting from the Andy Haldane article, which I have in front of me in ds's A Level Economics file: "The UK has continued to be a job creation machine with employment at its highest, and unemployment its lowest, in half a century".
Sounds like those miners did find jobs somehow 1tis.

Largs · 06/07/2019 16:37

A tariff disadvantage can be fixed easily with a floating currency / tax breaks. Lots of tools can be used.
I totally agree that the failure to invest in ex-mining regions was criminal. A dire mistake we must not repeat.

MeganBacon · 06/07/2019 16:38

WRONG, WRONG, WRONG. The government is supposed to MAKE the plans and projections for the next 30-50 years or so, bot sit and wait for something else to happen.
If your point is that they should have planned before they triggered Article 50, I couldn't agree more. Huge mistake.
But that's not really all on JRM who isn't even in the cabinet and never has been. His share of the blame is merely the same as any other back bench MP.

Largs · 06/07/2019 16:40

What do you think of the free ports idea?

Peregrina · 06/07/2019 16:43

It's all very well talking about full benefits not realised for 50 years - we were promised riches immediately.

LifeContinues · 06/07/2019 16:51

Why were the miners not redeployed 30-40 years ago

More to do with killing off trade unions than economics

bellinisurge · 06/07/2019 17:56

Again I find myself agreeing with @LifeContinues Grin. A big part of the government response to the miners' strike was killing off the unions.
Google Winter of Discontent and Clause 4 if you don't really understand why it got a degree of public support. I'm old. I lived through it the long way around.

OP posts:
LonelyTiredandLow · 06/07/2019 18:14

Great to know that Leavers at least admit it will be 50 years of hardship. Nice to think of those people wishing that on the other half of the population as well...

Trouble with new green industries is indeed investment. The govt (Tory at least) has never really had an interest in environmentally friendly options (see the recent removal of the EU law on pesticides to enable UK farmers to use cancer causing ones once more) and tbh we all know they are hand in hand with Big Business. You just have to look at BJ's desire for the removal of the 'sin tax' to see a recent example. These companies are mainly entwined with US and China, neither of which are hot on regulations for environmental reform. Imagining 'becoming greener' is how we will move forward sounds fantastical rather than realistic.

MeganBacon · 06/07/2019 18:31

Where did you understand 50 years of hardship from?
Which leavers?

StealthPolarBear · 06/07/2019 18:38

I think it was gove who said it would take 50 years to realise the benefits but then it would be all rainbows and unicorns

StealthPolarBear · 06/07/2019 18:38

I'm booking into the good retirement homes now, the ones that will throw the parties

1tisILeClerc · 06/07/2019 19:04

{Where did you understand 50 years of hardship from?}
I think it was JRM at the time he was suggesting that the GFA and the problems with the border were unimportant and he was saying that his 'mate' Patric Minford said things would be great, omitting the fact that manufacturing industry in the UK would be trashed.

Peregrina · 06/07/2019 19:13

It was Rees-Mogg who said we won't see the full benefits for 50 years, by which time I for one will be long dead. Thanks for that.

He of course, with his money, will be fine.

StealthPolarBear · 06/07/2019 19:14

Thanks. Good old Rees mogg

bellinisurge · 06/07/2019 19:16

Where did you understand 50 years of hardship from?
Which leavers?

Rees Mogg. You know, the one with his finds safely in the EU to protect him. Are yours safely in the EU? Are you ready for 59 years of hardship?

OP posts:
1tisILeClerc · 06/07/2019 19:24

{He of course, with his money, will be fine.}
Not any consolation but he probably won't see it either.

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