Zamo Posted November 19, 2016 Share Posted November 19, 2016 As some posters are clearly tempted to consider my context-setting post about slow UK productivity and growth prospects for anything other than that, i.e. a post raising attention to the full economic context within which Brexit is taking place (rather than a post predicting what Brexit will or won't do or cause), can I invite them to read this resource, explaining the issues much more eloquently, albeit perhaps not so accessibly. Brexit or not, Trump or not, polarising politics or not, an economical storm is slowly and steadily brewing. Clearly, it's been brewing since long before Cameron campaigned to give a referendum in 2015. In that context, Brexit, Trump <etc.> are just catalysts. As for "slower growth", since this expression seems to confuse some, of course it's in relation to historical growth (actual growth in past periods, what else could actual growth be slower to?) Incidentally, on which government tax revenue and expenditure planning is likewise based, and Hammond reckons he's going to be £100bn short over the next 5 years (-for now). Now, throw the next bust in the economic cycle into the mix, and... There may well be a global economic storm brewing, Brexit may have acted as a catalyst but Brexit is clearly it is not the root cause of it or flat-lining productivity. So why are you posting this on a thread discussing the consequences of Brexit? Do you think staying in the EU would increase UK productivity because the evidence of the last 8 years (that you provided) seems to suggest not? Link to comment Share on other sites More sharing options...
Petminder Posted November 19, 2016 Share Posted November 19, 2016 There may well be a global economic storm brewing, Brexit may have acted as a catalyst but Brexit is clearly it is not the root cause of it or flat-lining productivity. So why are you posting this on a thread discussing the consequences of Brexit? Do you think staying in the EU would increase UK productivity because the evidence of the last 8 years (that you provided) seems to suggest not? You can guarantee that some will blame brexit for future UK, EU or world problems, when in fact brexit was just a symptom of our current UK, EU and world problems. Link to comment Share on other sites More sharing options...
andyofborg Posted November 19, 2016 Share Posted November 19, 2016 There may well be a global economic storm brewing, Brexit may have acted as a catalyst but Brexit is clearly it is not the root cause of it or flat-lining productivity. So why are you posting this on a thread discussing the consequences of Brexit? Do you think staying in the EU would increase UK productivity because the evidence of the last 8 years (that you provided) seems to suggest not? Brexit has acted as the catalyst for nothing except possibly the destruction of the British economy. Leaving the EU won't increase productivity either. Link to comment Share on other sites More sharing options...
Petminder Posted November 19, 2016 Share Posted November 19, 2016 Brexit has acted as the catalyst for nothing except possibly the destruction of the British economy. Leaving the EU won't increase productivity either. EU expansion and mass immigration were the catalysts for Brexit. Link to comment Share on other sites More sharing options...
I1L2T3 Posted November 19, 2016 Share Posted November 19, 2016 You can guarantee that some will blame brexit for future UK, EU or world problems, when in fact brexit was just a symptom of our current UK, EU and world problems. Indeed but the curious thing is that Brexit leaders like Fox and Davis want to intensify the processes that have caused this mess in the first place. The EU is an agent for globalisation in many ways, but the neoliberal dominance in the USA has been much more powerful and the election of Trump is in part response to that. It makes no sense for us to repeat the mistakes the USA has been making for 30 years but that is what Fox wants to do. This could have very unpredicatable results. Link to comment Share on other sites More sharing options...
Petminder Posted November 19, 2016 Share Posted November 19, 2016 Indeed but the curious thing is that Brexit leaders like Fox and Davis want to intensify the processes that have caused this mess in the first place. The EU is an agent for globalisation in many ways, but the neoliberal dominance in the USA has been much more powerful and the election of Trump is in part response to that. It makes no sense for us to repeat the mistakes the USA has been making for 30 years but that is what Fox wants to do. This could have very unpredicatable results. What process do you think caused it that they want to intensify? Link to comment Share on other sites More sharing options...
El Cid Posted November 19, 2016 Share Posted November 19, 2016 EU expansion and mass immigration were the catalysts for Brexit. We were the land of milk and honey. Now we are a land of racists. We are a country that is more densely populated than Germany, Italy, France ... England has overtaken the Netherlands to become second only to tiny Malta as the most densely populated nation in the EU. Link to comment Share on other sites More sharing options...
I1L2T3 Posted November 19, 2016 Share Posted November 19, 2016 What process do you think caused it that they want to intensify? Globalisation, free trade, neoliberalism. They've said time and time again that the EU prevents us from trading as freely as they want. It's a half-baked ideology not in the real world, where the likes of Gove argue that we should all take an economic hit to achieve. That economic hit partly involves, if you listen to the likes of unbeliever on here, them being totally releaxed with jobs moving to other locations. That happening in the USA is exactly what got Trump elected. The less intense version of the process we've had here is a big part of what has led to some many areas being economically depressed but now Fox et al want to fully rip the guts out. Link to comment Share on other sites More sharing options...
ez8004 Posted November 19, 2016 Share Posted November 19, 2016 Can't really believe that the government is actually appealing the high court decision to the Supreme Court as this has now lead to the Scots and the Welsh now being allowed to fight the government's appeal. It would be hilarious if in the end the court ruled that the Scottish Parliament had a veto. I actually think this scenario has a greater chance of winning than the government's appeal. It now depends if the Lord Advocate can pull it off. Link to comment Share on other sites More sharing options...
Petminder Posted November 19, 2016 Share Posted November 19, 2016 Can't really believe that the government is actually appealing the high court decision to the Supreme Court as this has now lead to the Scots and the Welsh now being allowed to fight the government's appeal. It would be hilarious if in the end the court ruled that the Scottish Parliament had a veto. I actually think this scenario has a greater chance of winning than the government's appeal. It now depends if the Lord Advocate can pull it off. If the Scots get a veto, the English will demand a referendum on Independence. Link to comment Share on other sites More sharing options...
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