Brexit

Discussion in 'Politics' started by BlackBillBlake, Feb 19, 2016.

  1. Vanilla Gorilla

    Vanilla Gorilla Go Ape

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    Manufacturing and agricultural base?

    Manufacturing is 10% of your economy, agriculture less than 1%

    ...and that's your argument

    Notice how all these kind of op end pieces you are getting this from, never mention services, 80% of your economy

    It's a common tactic the world over, oh the poor farmers, let's help the poor farmers, even though across the first world they only account for 1% of the economy

    Oh, we got to help the poor farmers, to actually push a liberal agenda

    And then in your case turn around an say, oh we should stick with the EU so we can buy cheap tomatoes from Spain. i.e stuff that's not grown in the UK anyway

    Lolz
     
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  2. Vanilla Gorilla

    Vanilla Gorilla Go Ape

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    This comment was a little bizarre by the way

    CETA is a classic example of what's wrong with dealing with the EU, the Canadians have been bogged down in red tape for 6 years now. Blackmailed into giving free visa travel to Romanians and a few other dodgy EU countries they don't want to, what the hell has that got to do with trade

    One of your many non arguments in this thread is that it may take too long for Britain to negotiate trade deals when not in the EU...meanwhile the Canadians have been dicking around with the EU for 6 years for something that should have taken 6 months
     
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  3. Vanilla Gorilla

    Vanilla Gorilla Go Ape

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  4. Balbus

    Balbus Senior Member

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    VG

    No simple mistake – I was directed to the Irish VAT rates even when I’d google for UK and I’m afraid to say I missed it.

    Historical VAT rates

    I sometimes do make mistakes.

    *

    So let’s see, since 1973 the UK rate has fluctuated between 8% and 25%

    From - To - Standard rate

    1 April 1973-July 1974 -10.0%

    July 1974-17 June 1979-8.0%*

    18 June 1979-18 March 1991-15.0%

    19 March 1991- 30 November 2008 -17.5%

    1 December 2008- 31 December 2009- 15.0%

    1 January 2010- 3 January 2011- 17.5%

    4 January 2011-Present -20.0%

    And basically it was at 15% or higher for 27 years before the states of the EU decided on a harmonised EU wide rate of 15% (when the UK rate was 17.5%)

    I think I would repeat - Is seems the EU has nothing to do with the higher VAT rate in the UK.

    But again I’d ask - what is your argument?

    The UK could lower its VAT but if it did so it would still have to raise money through other taxation or cut services.

    And from within the EU it could have campaigned for a lower EU VAT rate (but it hasn’t) and I believe the EU has put that idea forward.
     
    Last edited: Jan 10, 2020
  5. Balbus

    Balbus Senior Member

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    VG

    I have mentioned services many times, I mean I’ve lamented that successive governments have prioritised the services sector over the manufacturing one (to me a bad case of putting too many eggs in one basket) but I’ve also highlighted the dangers of Brexit to the services sector especially a hard Brexit pointing out that WTO rules barely cover trade in services, including financial services

    I’ve also explained that in Financial services contributed 14.5% towards British GDP… as opposed to 11% for manufacturing and 7% for construction.

    And many have warned about the hit such financial services might take if they lose 'passporting rights’ within the EU. And that other European countries are trying to lure financial sector firms from London.

    https://www.independent.co.uk/voices/brexit-no-deal-services-sector-single-market-eu-a8995621.html

    *

    But I ask - what’s your argument here?

    That it is ok if the UK’s manufacturing and agricultural base is decimated or lost all together?

    1.15 percent of the workforce were employed in agriculture, 18.11 percent in manufacturing and 80.75 percent in services. In a workforce of around 33 million.

    About 3 million people are directly employed in manufacturing but of course there are other ‘services’ dependent on those manufacturing jobs. I mean services takes everything from the local corner shop to transport, distribution, hotels, real estate, education, health, social work, computer services, recreation, media, communications, electricity, gas and water supply as well as banking and insurance basically it covers anything that doesn’t produce a product you can hold in your hand.

    So if you lose manufacturing and agricultural jobs you will also lose service sector jobs

    But wasn’t Brexit supposedly make things better otherwise there is no rational reason for doing it if it makes things worse?

    You seem to be suggesting that you think many people will lose their jobs because of Brexit and you don’t care.

    *

    LOL and one of the BIG things that leavers always bring up is Fishing when the fishing industry only makes up 0.1% of the UK economy.

    Also I have to laugh at the idea that somehow you think farmers are all part of the leftie conspiracy – that has not been my experience.
     
  6. Balbus

    Balbus Senior Member

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    VG

    As I’ve replied before – yes I know that Brexit in one form or another is going to take place but is it a good idea given that no leaver seems able to come up with any rational reason for doing it.
     
  7. Balbus

    Balbus Senior Member

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    The EU and VAT

    In April 2016, the European Commission proposed changes to EU VAT rules with the aim of giving member states more flexibility on rates.

    There are currently two options being considered.

    The first would allow all EU countries the same rights to apply zero and reduced VAT rates and the list of goods and services in this category would be reviewed on a regular basis.

    The second would allow members to set reduced rates as they wished, as long as that did not create tax distortions in the single market.

    BBC
     
  8. Boozercruiser

    Boozercruiser Kenny Lifetime Supporter

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    Bulby and others like him are not sucking Vanilla.
    I feel so sad for the poor bloke spending so much time of his life which he will never get back droning on when I for one have just stopped even reading his posts now.
    Get a life Bulby and go out and smell some coffee and roses.
    You and your lot LOST.
    Please just get over it!
     
  9. Vladimir Illich

    Vladimir Illich Lifetime Supporter Lifetime Supporter

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    So did you against Liverpool, so go crawl back into your mourning hole !!!
     
  10. Boozercruiser

    Boozercruiser Kenny Lifetime Supporter

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    I am already over that particular defeat bad vlad.
    But you and your ilk will never get over the UK leaving the EU on 31st January 2019 at 11.00pm.

    Party time! :tonguewink:
     
  11. Balbus

    Balbus Senior Member

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    As I’ve said I understand that Brexit in one form or another will take place – but will caring on pointing out that it is not a good idea something very much highlighted by the fact that no leaver seems unable to put forward a rational argument for why it would be good for the UK
     
  12. Vanilla Gorilla

    Vanilla Gorilla Go Ape

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    Well, it's already started.

    Note: I purposely included a link about this from the very left friendly The Guardian


    UK channels aid budget as it seeks closer ties with Africa post-Brexit


    UK channels aid budget as it seeks closer ties with Africa post-Brexit
    £395m trade boost is aimed at countering China’s spending on the continent



    ......The three separate aid budget initiatives are Britain’s response to the massive Chinese investment drive in Africa, which the government says has already left a large footprint on the continent. The cash will be spent on improving the financial systems and regulations of 45 African states; a new investment fund to identify and develop projects; and a joint initiative with the World Bank to nurture local currency bonds.

    Sharma said the aim was to help money from private investors such as pension funds flow into Africa by making it easier, quicker and more secure to invest.
     
  13. Think you will hate it the most mate.
     
  14. Balbus

    Balbus Senior Member

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    VG

    What is your argument?

    UK-Africa trade was worth £33.1bn in 2018 in the same year UK exports to the EU were £291 billion.

    EU28 exports to Africa in 2018 were 152 billion euros (say £130bn)

    Of course the UK should be seeking new trade but what seems to be happening is that the UK is replicating the African EPA’s (the Economic Partnership Agreements) that were set up by the EU, so basically we could have done this trade while in the EU.

    “We are working hard to ensure continuity of trading arrangements as the UK leaves the EU, so that businesses will be able to continue to trade as they do currently,” said Emma Wade-Smith who was appointed Trade Commissioner for Africa in June 2018 – ‘as they do currently’ – with us in the EU.

    As I’ve asked before where is the improvement of been out of the EU? Maybe the UK can improve on these deals but can they to the extent that it makes up for the economic hit we have already had and will continue to have from leaving, I think that unlikely.
     
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  15. Balbus

    Balbus Senior Member

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    I would also point out that many leavers have expressed the desire to of drastically cut the UK foreign aid budget
     
  16. Vanilla Gorilla

    Vanilla Gorilla Go Ape

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    EEC / EU has had 63 years to do better by Africa
     
  17. Most African countries are third world countries.

    Brexit would be ideal for the Africans.
     
  18. Balbus

    Balbus Senior Member

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    Brexit has already cost the country £130 billion and the price is rising

    Research by Bloomberg Economics estimates that the economic cost of Brexit has already hit 130 billion pounds ($170 billion), with a further 70 billion pounds set to be added by the end of this year. That’s based on the damage caused by the U.K. untethering from its Group of Seven peers over the past three years.

    $170 Billion and Counting: The Cost of Brexit for the U.K.

    Basically their argument is that if we had not entered into the Brexit madness the country would have been billions of pounds better off.
     
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  19. Balbus

    Balbus Senior Member

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    VG

    What is your argument?

    I mean the UK has been a part of the EU for say the last 50 years or so.

    And many place in Africa didn’t have independence from there European colonial rulers 63 years ago for example Kenya only got its independence from the UK rule in 1964

    A Timeline of African Countries' Independence

    Again where do you see the improvement of been out of the EU?
     
  20. Boozercruiser

    Boozercruiser Kenny Lifetime Supporter

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    Bulby.
    You just don’t ‘get it’ do you?
    You LOST the argument.
    We have a new government and on 31st January 2020 at 11.00PM we will be OUT of the EU.
    End of.
    Poor sad person:

    Move on mate before you end up in deep depression.:persevere:
     
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