portslade seagull
Well-known member
Maybe a little more of that years ago and we might still have a manufacturing industry. They all moved abroad with the help of subsidies EU inclusive so don't use that as an argument
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[Politics] Brexit
- Thread starter KingstonSeagull
- Start date
Maybe a little more of that years ago and we might still have a manufacturing industry. They all moved abroad with the help of subsidies EU inclusive so don't use that as an argument
ManOfSussex
We wunt be druv
Maybe. It's not as if have any national debt, so why not? I'm pleased the workers of Sunderland weren't the turkeys who voted for Christmas though.
(By the way, Sky News is and always has been my primary source of TV news, despite voting remain - I've always preferred balanced coverage.)
drew
Drew
As long as any deals are transparent then yes. We know what the EU pays to companies as grants so why are you not keen to know what agreements our Government are doing?
So this natinal debt, has it just appeared since June 23rd.
Biscuit Barrel
Well-known member
Most experts say that with hindsight, he was far too quick to to lower interest rates and pump money into the economy. You might well be right, but I don't agree with you.
Maybe, just maybe the economy is going to be OK and and most the "project fear" predictions turn out to be wrong.
Lincoln Imp
Well-known member
- Feb 2, 2009
- 5,964
As has been mentioned before a leading Brexit economist has said that the virtual elimination of British manufacturing would probably result from tariff-free deals with non-EU countries but this needn't worry us at all. He wasn't setting out to be doom and gloomy. He was just contentedly pointing out what might happen if the UK took his advice and voted Leave. Tin hats on everyone.
ManOfSussex
We wunt be druv
No and I didn't say it had. Has it got any smaller since June 23rd?
I'd like to know what guarantees and how much liability the Government have given and exposed themselves and us to in this Nissan announcement today.
Raleigh Chopper
New member
I just knew that as soon as the announcements on the growth and Nissan cars was made today that the people who voted leave would jump on here to tell us all that we told you it would be OK.
I think they did not listen properly to the report, while I agree that something is better than nothing it is nowhere near as good news as you think it is, especially as we have not even got out of Europe yet.
I think they did not listen properly to the report, while I agree that something is better than nothing it is nowhere near as good news as you think it is, especially as we have not even got out of Europe yet.
Maybe, possibly, if? We will never know. What we do know for fact is Carney acted and is presiding over a economy which, whilst fragile, is still growing. I'll take that.
Green Cross Code Man
Wunt be druv
studio150
Well-known member
Although out of interest Sky News were running a trailer this morning, which had a snippet of David Cameron (remember him, ex PM) saying, the pound will fall and prices will rise. And guess what the pound is lower and imported goods are costing more.
studio150
Well-known member
Apart from the exit from the single market and tariffs being imposed so that my tax money helps out Nissan not a lot.
Buzzer
Languidly Clinical
- Oct 1, 2006
- 26,121
That he did and that was another thing that I had to consider when making my decision which way to vote but the BoE and Treasury predicted an immediate shrink of 1%. As it happens, I was very cynical about those figures when announced and didn't hold much store by them but plenty of other people did trust the BoE/Treasury on this one.
Let's say for argument's sake that at the general election in 2020 there's a huge resurgence in Labour support and John McDonnell announces that if he becomes Chancellor he plans to nationalise banks, bring back the gold standard, impose a transaction tax on City dealings etc. The BoE and the Treasury are asked to predict the effect - who is going to believe them? They got the Euro wrong, they failed to spot the worldwide recession in 2008, they can't even come up with a reliable prediction for how the economy will be 60 days in the future.
Humbug........
melias shoes
Well-known member
- Oct 14, 2010
- 4,830
Yeah and saving 7000 jobs in the process. You probably would loved it if Nissan had pulled out so you,along with all the other bitter remoaners could all say 'we told you so' . Well guess what? They didn't and I'm sure all the people in Sunderland are highly delighted with the outcome. Even if that means some of my tax keeping them in their jobs.so what.
portslade seagull
Well-known member
I am keen but just making sure this argument isn't one sided. No point pumping money into a failing business
Yep, they still makem in Sunderland.
studio150
Well-known member
I would image that those pledges would be a vote loser, as i can't image the country moving that far left. However I agree that any predictive figures would receive a great deal of comment.
ManOfSussex
We wunt be druv
Sorry to disappoint you, but no I wouldn't because I don't want anyone to have to lose their job and I'm not the one who's bitter.
studio150
Well-known member
Too true, especially when you look at the 0.5% growth is down to services, with sectors such as manufacturing and agriculture going backwards. However they don't want to look deeper than the headlines and give themselves a pat on the back. There were a number of interesting interviews during the day, which all stated that companies that were importers and exporters were having issues, as the components they import are more expensive making their finished goods more expensive and therefore receiving little benefit from the lower pound.