Brexited | the worst threads live the longest

Do you think there will be a Deal or No Deal?


  • Total voters
    194
  • Poll closed .




The fiscal contraction brought about by the Conservative-led coalition government starting 2010 was sizable: aggregate real government spending on welfare and social protection decreased by around 16% per capita. At the district-level, which administer most welfare programs, spending per person fell by 23.4% in real terms between 2010 and 2015, varying dramatically across districts, ranging from 46.3% to 6.2% with the sharpest cuts in the poorest areas. Using data from government estimates on the simulated intensity of specific welfare cuts across districts, I show that support for Ukip started to grow in areas with significant exposure to specific benefit cuts, after these became effective ...

The austerity-induced increase in support for Ukip is sizable and suggests that the tight 2016 EU referendum result (leave won by a margin of 3.5 percentage points) could have well resulted in a victory for remain, had it not been for austerity. The point estimates suggest that in districts that received the average austerity shock, Ukip vote shares were, on average, 3.58 percentage points higher in the 2014 European elections or even 11.62 percentage points higher in the most recent local elections prior to the referendum. Due to the tight link between Ukip vote shares and an area’s support for leave, simple back of the envelope calculations suggest that leave support in 2016 could have been up to 9.51 percentage points lower and thus, could have swung the referendum in favour of remain.
 
Technically we have not had austerity in that the nation has spent more than it has earned every year since the crash.
 
And years of pissing through money beforehand.

Possibly yeah although what happen of the crash was never about necessary belt tightening because we spent to much on hospitals which was how it was framed. We really could go back to giving finance huge amounts of power and destroying industrial work force.


Technically we have not had austerity in that the nation has spent more than it has earned every year since the crash.
I think we used the word austerity in the UK as a way to link together what happens in Europe but as Varoufakis points out what is happening in Britain is actually Class war e.g. attack on the welfare state etc.
 
I really hope for a brexit where free movement of people is retained in exchange for the customs union. It'd piss the racists right off.
 
I really hope for a brexit where free movement of people is retained in exchange for the customs union. It'd piss the racists right off.
Would be hilarious given that a large amount of people voted to leave purely because of this reason.
 
Possibly yeah although what happen of the crash was never about necessary belt tightening because we spent to much on hospitals which was how it was framed. We really could go back to giving finance huge amounts of power and destroying industrial work force.



I think we used the word austerity in the UK as a way to link together what happens in Europe but as Varoufakis points out what is happening in Britain is actually Class war e.g. attack on the welfare state etc.
Then we get into the thing of Democrats promoting home ownership, Republicans deregulating banks so they can lend more freely and kaboom. Just a broad political breakdown.
 
I really hope for a brexit where free movement of people is retained in exchange for the customs union. It'd piss the racists right off.

Then what is Brexit? Those are the two vital cogs of the leave argument. You might gain some control over deregulation and get to negotiate a gazillion new trade deals but it looks like a worse outcome than something countries like Norway receive while being part of the EU.
 
Then what is Brexit? Those are the two vital cogs of the leave argument. You might gain some control over deregulation and get to negotiate a gazillion new trade deals but it looks like a worse outcome than something countries like Norway receive while being part of the EU.
I'm a remainer, I don't want to see a Brexit.
 
From Barnier’s piece:

....suggests that the basic free trade agreement lifting tariffs on goods, alongside a security deal, is the best offer he can make...

From very beginning every sane person could have told you as much (given the red lines) yet UK politicians keep deluding themselves still long after the referendum.
 
From Barnier’s piece:



From very beginning every sane person could have told you as much (given the red lines) yet UK politicians keep deluding themselves still long after the referendum.
Would kill the manufacturing sector and a lot of services.
 
Right wing economic ideology

It was really a need to grow up economically, you can't borrow forever, and pass it on to the next generation. Who do you think will ever repay national debt? Or do you think it makes sense to just grow it and pass it on again to future generations? Kick the can down the road as our American peers would say.
 
It was really a need to grow up economically, you can't borrow forever, and pass it on to the next generation. Who do you think will ever repay national debt? Or do you think it makes sense to just grow it and pass it on again to future generations? Kick the can down the road as our American peers would say.

You can actually borrow forever
 
Even my most ardent labour supporting friends would dispute you here. A high-earning Labour voting colleague was appalled that he was getting some weird £100 allowance cos his wife was pregnant. It was a total waste of government money.
My mother used to be an administrator in the NHS- I've heard the stories of pissing away several grands' worth of office furniture in March to get the same or more next year.
 
You only need someone stupid enough to lend you

But nah, technically, in a none infinite resources world, you can't

No, borrowing for growth is a common act. As long as your debts eventually start to shrink as a proportion of your GDP you need never pay them back