Its not an abstract argument for real actual existing people that its bad if inflation>wage growth.

This is amazing.

Im not talking about the BOE's target, Im talking about inflation in relation to other existent data points in the economy.

https://www.theguardian.com/business...nt-ons-figures

This is was in July, its got worse since then.

i dont think uk economy collapses. it'll just be 5-10% poorer in 10-20 years than it could have been.

agree with the rest of the post though

As far as I can tell, this is the stat you guys are getting excited about.

Come on, this is a 50-year decision, not a 6 month thing. I.e. LOL variance. Analyse the big strategic issues instead.

0 immigrants is the stat that gets all you ****ers hard.

I don't know whether to laugh or cry when Brexiters refer to the long term strategy or plan of Brexit. If they haven't twigged by now that there is literally no plan at all then they never will.

I am taking a small amount of perverse satisfaction from the brexiters moving slowly from talking about how great it will be to be free of the shackles of EU governance, to the slightly more muted, nervous laughter that we're seeing now. "It won't be that bad!"

But you'd whine like a ***** even more if for every remoaning comment, the comeback was just 'but it'll be great to be free of ze EU', right?

Not really, I made the decision to leave the UK so now it's pure schadenfreude.

Why does it say your location is Scotland?

Planned economies have generally done badly, this is more of a liberal thing.

https://www.adamsmith.org/the-liberal-case-for-leave/

You appear to be assuming a lack of plan is a bad thing, but that's likely not the case in a complex dynamic system like the world economy.

This hasn't happened. During the campaign, leavers talked about a Nike tick trajectory, and the BoE published spurious horror stories of crashing productivity, that was the situation under which people voted to leave.

Now, one cherry-picked metric is slightly the wrong side of zero, and remainers say it is proving that leavers were wrong.

A more astute analysis would note that leavers should rate this as business as usual. The more pessimistic leavers could consider this the top end of the range at this time period, so that's nice. (they'd still be comfortable if it got worse in the short term, because that was one of the expected scenarios when they made the decision)

The negative dooms-day remainers are still almost certainly wrong. So that's nice too.

A Brexit statement that makes no sense?

You appear to be defending leaving the largest single market in the world without a plan, or any freaking idea what happens next, on the basis that economies are complex. We are in 2017 and this kind of logic seems to fly. It's barking mad.

you got me!

Even the brexiters in this thread, I guess not you(?), are preparing for medium term pain.

I am. But think it's totally worth it long term.

Democratic accountability should not be bartered away to unaccountable bodies for an easy life.

I really should let it pass - people can believe in whatever they like - but statements like this are so painful to read.

In many years, when the UK has slipped further down the world pecking order and the unelected House of Lords are dithering over legislation, you can tell people how lucky they are. YOU ARE BRITISH REMEMBER.

https://iea.org.uk/blog/why-europhil...and-each-other

Let me give you a more realistic exchange (which isn't saying much):

Eurosceptic: Way hey, let's leave the EU. Make our own laws, cut our own deals. It will be great.

Europhile: But virtually all experts, and major institutions, say that it will cause economic hardship.

Eurosceptic: Not all experts, what about Redwood/Farage etc?

Europhile: They are not experts.

Eurosceptic: Blah, whatever. We can make deals and replicate or better deals we have now.

Europhile: But, the UK is smaller - makes bargaining harder - plus it requires massive costs, more customs officials, etc. Plus, it will take years.

Eurosceptic: But in the end it will be worth it.

Europhile: How do you know?

Eurosceptic: Experts.

Europhile: Which ones?

Eurosceptic: OK, **** it, I admit it - I JUST HATE ****ING FOREIGNERS

Europhile: I know, man, I know.

Just because that awful institution continues to survive is not a reason to put up with even more of the same unaccountable nonsense from the EU

demonisation again, eh?

Got anything else?

That might be a more frequently occurring exchange, but what is the point in a debate thread repeating the nonsense of two uninformed idiots?

You know that the Adam Smith Institute and the IEA are the names of groups of experts right?

I think you mean the sub-set of popularly publicised (and usually conflicted) 'experts' who support your position? So its a no-true-Scotsman fallacy you have there - if they don't agree with you, they aren't an expert...

Yeah dtd you should probably have left out the last two sentences, it makes it trivial for them to dismiss what you're saying, even though the rest is correct.

Pretty telling perhaps that you regard the truth as demonisation. Nobody is saying that every Brexiter is racist, but you must be living on another planet if you don't get that it was a huge factor.

As for anything else - anything besides facts and the truth? You expect to screw up the country, split families apart etc, and people to stay quiet? It's like you really have no idea what's going on here.

I have no idea who the IEA are, but skimmed over their article called "Are Brexit voters really less intelligent than Remainers?" and it is horse****. It includes the line below - maybe the stupidest line in any debate.

"...one could equally argue that Brexiteers were not under-educated, but rather that Remainers were over-educated and miseducated..."

"awful institution" ... "unaccountable"

SIGH