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02-23-2016 , 11:52 AM
Quote:
Originally Posted by martymc1
No I don't but it would be preferable if I could hear from someone that I can even half trust. And of course I can and will read for myself

Not one for voting normally, but I think this is important enough to vote this time.

Brit press almost exclusively focusing on the internal tory problems is leaving me all a bit bored wth it already.
Try the New Statesman comment pieces?
02-23-2016 , 12:32 PM
Quote:
Originally Posted by [Phill]
For the most part i tend to agree that this is too important for a referendum but if you can't convince half the electorate of the case then it totally defeats the idea this debate has an obviously correct side.

If you show studies where the economy shrinks x% and unemployment rises y% people will vote to stay in. Low info voters are not no info voters.

I'm not entirely sure how this **** is calculated and I've studied more economics than like 97% of the country. But i can read two numbers and trust an independent expert and low info voters are the same.
Prospective policy analysis is difficult even for very simple policies that change one thing (eg what's the effect of changing maternity leave on child outcomes and female labour participation rates). The Brexit is anything but a simple policy. The data doesn't reveal the answer with minimal assumptions, you need a ton of strong assumptions and models to forecast the effect of leaving the EU under various post-Brexit trade/cooperation scenarios. Can non-experts really distinguish between good assumptions and bad assumptions in a complex analysis? I don't think so. I think they're going to believe whatever analysis agrees with their gut instinct, if they bother to read any analysis at all. Most won't.

For anyone who's really interested, here's a summary of the expected consequences of Brexit under an optimistic and a pessimistic cooperation scenario, from the centre for economic performance at the LSE:

http://cep.lse.ac.uk/pubs/download/pa016.pdf
02-23-2016 , 12:49 PM
Quote:
Originally Posted by joejoe1337
Taking a wild plunge at your political leanings, but Corbyn, Salmond, Sturgeon, Benn?
I thought Hilary Benn was much more of a centre-left politician? (certainly compared to the other 3)
02-23-2016 , 12:51 PM
probably referring to his father
02-23-2016 , 01:09 PM
Quote:
Originally Posted by Elrazor
I thought Hilary Benn was much more of a centre-left politician? (certainly compared to the other 3)
Quote:
Originally Posted by Vael
probably referring to his father
No, I was referring to Hilary (his father was probably the most famous outer going). I just meant that he was a somewhat left-winger who is generally credited for being a pretty decent human being.
02-23-2016 , 02:41 PM
Quote:
Originally Posted by joejoe1337
Taking a wild plunge at your political leanings, but Corbyn, Salmond, Sturgeon, Benn?
This is about the message I'm seeing in the media (tories on the right v tories on the hard right). My own preference is insignificant.

And none of the above would be correct.
02-23-2016 , 03:04 PM
hi, as someone who has not yet formed a strong stance on EU referendum, what are the most convincing arguments for/against?
02-23-2016 , 03:30 PM
Quote:
Originally Posted by TheDefiniteArticle
Try the New Statesman comment pieces?
On there now and first article I see is "Dave v Boris"

Links to any worthwhile reading would be appreciated.
02-23-2016 , 04:18 PM
Quote:
Originally Posted by CyberShark93
hi, as someone who has not yet formed a strong stance on EU referendum, what are the most convincing arguments for/against?
Bad for the economy of we leave but more control over immigration (which is also bad for the economy, depending how it is done) if we do. Basically.

Whether a convincing argument is a good argument is another question in itself.
02-23-2016 , 04:32 PM
Good article by Simon Jenkins in today's Standard. Though I sped read it, he was basically saying that although he's in favour of a good EU he thinks it's unreachable from its current state, and advocates a Brexit in the belief that it will precipitate the end of EU v1.0, when the UK will be able to be instrumental in defining and forming EU v2 which will be far better that what's happened ie joining a questionable model that was already 20 years old and that we had a limited say in reforming.

In favour of staying: better for businesses, travel, work opportunities, and less isolationist
02-23-2016 , 07:10 PM
The world changes fast, outing the current model based on 20 yr old parameters is probably not a bad idea. If it kicks some in the pants for fundamental changes (instead of patch-work Band-Aids) and upgrades in a reasonable time frame it could prove to be one of those sickening cliché win-win situations for the UK.

Had to make a generalist post that sounds good but has no real substance. This is politics after all.
02-24-2016 , 02:58 AM
The article I referred to:

http://www.standard.co.uk/comment/co...-a3187276.html

"When I voted “for Europe” in 1975, it was still a dynamic framework for trading between sovereign states. Now the EU is an archaic church in chronic need of Reformation. It will clearly not get it from a British In-vote. It needs disruptive trauma."


(Though I'm still voting to stay in.)

Last edited by jalfrezi; 02-24-2016 at 03:08 AM.
02-24-2016 , 03:11 AM
Quote:
Originally Posted by CyberShark93
hi, as someone who has not yet formed a strong stance on EU referendum, what are the most convincing arguments for/against?
I don't think in 4 months, even the most diligent follower of the debate will have any clear idea of the implications either way.
02-24-2016 , 04:15 AM
The consensus in the markets is that Brexit = pretty bad.

Pound has taken a beating against the dollar.

Also:

Quote:
The economic costs of a decision to quit the European Union would outweigh the benefits, credit ratings agency Moody’s has warned.

A Brexit could have a negative effect on the UK’s credit rating, potentially pushing up the cost of Government borrowing, and may lead to a “prolonged period of uncertainty”, Moody’s said.

The agency welcomed the announcement of the June 23 vote as a way of addressing the issue quickly but said the result was “too close to call”.

“We consider it positive that the referendum will take place as soon as June, as a lengthy period of uncertainty on the part of firms and investors would damage the UK’s economic growth prospects,” senior vice president Kathrin Muehlbronner said.

“That said, the outcome of the referendum remains wide open. In our view, a decision to leave the EU would be credit negative for the UK economy.”

The firm said “the economic costs of a decision to leave the EU would outweigh the economic benefits” and “unless the UK managed to negotiate a new trade arrangement with the EU that preserves at least some of the trade benefits of EU membership, the UK’s exports would suffer”.

A vote to leave “would likely lead to a prolonged period of uncertainty, which would negatively affect investment”, Moody’s warned.

The firm said it would assign a “negative outlook” to the UK’s current Aa1 rating following a vote to exit.

Asked for the PM’s response to the warning from Moody’s, David Cameron’s official spokeswoman said: “The prime minister has been very clear of the risks of uncertainty of a vote to leave, and that a vote to remain is in the interests of both our economic and national security.”
02-24-2016 , 05:03 AM
Both parties using national security as an argument is tilting the **** out of me.

Certainly in the short term, I think the consensus is that leaving will be slightly -ev economically. But then if we stay and migration continues above a sustainable level, where is all the money going to come from to build the infrastructure capable of sustaining the increased population?

So bigger class sizes, longer waiting lists, increasing house prices - quality of life will arguably be increasingly worse by remaining in the EU.
02-24-2016 , 05:28 AM
Quote:
European immigrants who arrived in the UK since 2000 have contributed more than £20bn to UK public finances between 2001 and 2011. Moreover, they have endowed the country with productive human capital that would have cost the UK £6.8bn in spending on education.
Quote:
Over the period from 2001 to 2011, European immigrants from the EU-15 countries contributed 64% more in taxes than they received in benefits. Immigrants from the Central and East European ‘accession’ countries (the ‘A10’) contributed 12% more than they received.
http://www.ucl.ac.uk/news/news-artic...EU-immigration

Should have negotiated a special tax band for immigration workers to up the take.
02-24-2016 , 05:56 AM
How much have we paid the EU in net subsidies between 2001-11? In recent times:

Quote:
The net figures – which take into account the UK’s rebate – show the UK’s contribution to the EU was £2.7bn in 2008, rising to £3.8bn in 2009, £7.2bn in 2010, £7.5bn in 2011, £8.5bn in 2012 and £11.3bn in 2013.

Source: The Guardian
So exactly £41bn between 2008-13.

In addition, I have consistently argued that immigration is a good thing economically ITT.

If you are going to vote purely for short-term economic reasons, then the only vote is to stay in AINEC. But I think looking to the future then things might not be so rosey in economic terms, and also I don't think this government will spend the money to give the country the infrastructure to cope.
02-24-2016 , 06:01 AM
if it's good economically, then the infrastructure that needs to be build for education, housing, healthcare per capita not to decrease can be funded
02-24-2016 , 06:02 AM
Quote:
Originally Posted by Elrazor
Both parties using national security as an argument is tilting the **** out of me.

Certainly in the short term, I think the consensus is that leaving will be slightly -ev economically. But then if we stay and migration continues above a sustainable level, where is all the money going to come from to build the infrastructure capable of sustaining the increased population?

So bigger class sizes, longer waiting lists, increasing house prices - quality of life will arguably be increasingly worse by remaining in the EU.
No. This isn't arguable. Migration is always a benefit in aggregate.
02-24-2016 , 06:04 AM
Quote:
Originally Posted by Elrazor
How much have we paid the EU in net subsidies between 2001-11? In recent times:



So exactly £41bn between 2008-13.
Some of that money is given back though, its not like the UK does not receive any funding in numerous forms from the EU.
02-24-2016 , 06:38 AM
Quote:
Originally Posted by Vael
if it's good economically, then the infrastructure that needs to be build for education, housing, healthcare per capita not to decrease can be funded
Can it? Does the £2bn a year net benefit of migration cover the 336,000 who came here last year? cigarette packet calculations says that's £6000 per migrant, so not a lot to cover all those needs. (obviously this is miles out on a per migrant basis, but I expect the true figure is much lower i.e. total benefit divided by total migration)

Quote:
Originally Posted by [Phill]
No. This isn't arguable. Migration is always a benefit in aggregate.
Tell that to the girls who were sexually assaulted and robbed in Cologne. Ok, that's a Daily Mail hot-take, but you can't say these things are unequivocal. Otherwise, no one would ever complain about migrants, ever, and that's clearly not the case.

Quote:
Originally Posted by O.A.F.K.1.1
Some of that money is given back though, its not like the UK does not receive any funding in numerous forms from the EU.
Those figures were net of the rebate. I know there are other, less tangible benefits but workout out if we get VFM is a value judgement, and where you fall really will point to where you will vote.

Last edited by Elrazor; 02-24-2016 at 06:45 AM.
02-24-2016 , 07:20 AM
Quote:
Originally Posted by Elrazor

Those figures were net of the rebate. I know there are other, less tangible benefits but workout out if we get VFM is a value judgement, and where you fall really will point to where you will vote.
Wat?

The rebate does not refer to the funding that the UK receives from the EU.

The UK receives 25-30%~ of what it gives the EU (after rebate) back in form of grants/farm subsidies etc.

66M to the development of the West Coast Main Line, 2.5M Grant to Roles Royce, about a ~billion has been given to Cornwall over the last 10 years or so in economic development grants. There are a **** ton of direct grants to the UK from the EU.
02-24-2016 , 07:58 AM
Quote:
Originally Posted by O.A.F.K.1.1
Wat?

The rebate does not refer to the funding that the UK receives from the EU.

The UK receives 25-30%~ of what it gives the EU (after rebate) back in form of grants/farm subsidies etc.

66M to the development of the West Coast Main Line, 2.5M Grant to Roles Royce, about a ~billion has been given to Cornwall over the last 10 years or so in economic development grants. There are a **** ton of direct grants to the UK from the EU.
This. One of the less touted benefits is that a lot of this funding goes to 'unfashionable' areas and projects. UK based funding is very biased towards large conurbations (that's where the electorate lives ldo) and it's hard to get investment in more rural / deprived areas.

Deprived areas in Cornwall, of which there are plenty, have had a ton of money from the EU and there are visible, tangible benefits in terms of jobs and infrastructure.
02-24-2016 , 08:04 AM
I guess its a legitimate question whether the money could be spent better if it was just kept in the UK.

I have seen how the money is spent first hand (live in Cornwall, have worked for OB1 projects) and the way the money is spent is far from optimal, but that said you only have to look at the many ****ups our own government commit when spending money on development projects etc.

To be sure if you live in Cornwall and vote to leave the EU its turkeys voting for Christmas, because I doubt we would have got the pure money love from central gov that we got from the EU. Other regions probably fare worse in that equation.
02-24-2016 , 08:15 AM
How Low Could Pound Go in a `Brexit'? Economists See 1985 Levels

http://www.bloomberg.com/news/articl...s-say-try-1985

      
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