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Brexit

Genuine question - what does anyone like about Brexit?

752 replies

Pipsquiggle · 11/11/2022 18:32

I have always been a committed remainer - I work in an industry that depends on seamless logisitics, particularly entering / leaving the UK. Brexit is a shit show for my sector.

Just had to pay £96.80 to UPS to release a package that I'd paid express delivery for, that should've arrived 2 days ago - I'm pissed off. The German firm has already agreed to reimburse me but it's all such a ball ache.

So I have a very bleak outlook when it comes to Brexit.

Genuinely, I would like to hear of good news stories around Brexit.
How has it made your life better?
If your pay has increased - how much by and which industry are you in?
If there has been a legal upside for you - which law and how has it helped?

I am genuinely hoping to 'reframe' my thoughts / feelings on Brexit and was hoping this board could help me

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SerendipityJane · 13/02/2024 10:18

ChocolatSouris · 13/02/2024 09:42

This week's Brexit reality check:

Latest Goldman Sachs report: The UK economy is now 5% smaller (not 4% as previously forecast) due to Brexit. And EU immigration is now negative.
That's around £50bn less in tax revenue each year which could have funded the NHS, schools, housing etc.

It's not rocket science to guess where the money for tax cuts is coming from.

GlobeTrotter2000 · 13/02/2024 11:41

@prettybird Ireland, after many years of being a net recipient of EU funds, have, for a number of years, been a net contributor

My definition of a net contributor is:

When a member's cumulative payments to the EU exceed the cumulative payments received from the EU, taking into account inflation, the member is then a net contributor.

From 1973 to 2018. Ireland received over 40 billion.

Contributions (difference between amountS paid to the EU and amounts received from the EU), in millions, were made as follows. Link is:

EU Funding – Tuesday, 7 Nov 2023 – Parliamentary Questions (33rd Dáil) – Houses of the Oireachtas

2013 - 53
2014 - 266
2015 - 169
2016 - 401
2017 - 237
2018 - 513
2019 - 500
2020 - 432
2021 - 964
2022 - 792 linear forecast
2023 - 872 linear forecast

Total (excluding inflation) is 5015 Billion. A long way short of 40 billion. So, if it takes 11 years to repay 5 billion, it would Approx. 77 years to repay 40 billion, which is 2101.

Include inflation at an average of 5% and assume that net contributions for the year grow at a rate of 20% per year (optimistic), it would be 2044 before Ireland breaks even with the EU.

On that basis, I would say that Ireland is a contributor, but not yet a net contributor.

Politicians of course like to ignore it was 40 years before Ireland made any contributions to the EU and play the card that once contributions to the EU begin, they immediately become a net contributor.

A bit like taking out a mortgage for 750K in January 2024, making the first repayment in February 2024 and saying you don't owe the bank anything!

EU Funding

EU Funding Dáil Éireann Debate, Tuesday - 7 November 2023

https://www.oireachtas.ie/en/debates/question/2023-11-07/325/

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