Litotes Posted November 9, 2017 Share Posted November 9, 2017 More Brexit Good News A Bank of England survey has predicted that average UK wages are likely to increase from a range of 2 to 3 per cent this year to between 2.5 and 3.5 per cent next year. Matthew Whittaker, chief economist at the Resolution Foundation, commented on the BoE latest report: “One possibility is that the first thing to shift has been job quality, with zero-hours contracts, temporary working and other forms of atypical employment plateauing or falling in recent months". Leaving the European Union is leading to an increase in wages, especially for low-skilled or semi-skilled workers. Millions of decent working class men and women voted Leave so that they could get a pay rise. The affluent middle class liberals who mainly supported remaining in the EU do not believe that the working poor deserve an increase in pay. And inflation is predicted to go up faster resulting in a wage cut... ---------- Post added 09-11-2017 at 17:32 ---------- Oh dear. The Remoaners doomsday cult are going to have to postpone the date of their promised economic apocalypse yet again. The Leave vote, they first informed us, would wreck the economy immediately. Then it was altered to 'wait until we begin the disengagement process'. Now it's 'wait until we see just how terrible a deal we get from the EU, or no deal.' Yet, somehow, the sky is still not falling. Nope, the suicide choice has already wrecked my economy - thanks! ---------- Post added 09-11-2017 at 17:35 ---------- Some more good news.. http://www.bbc.co.uk/news/business-41925517 "The boss of Sainsbury's has said the UK is "probably through the worst" of a weaker pound fuelling food inflation." How is that good news? All that means is that the effect of the weak pound won't be the cause of food inflation - it will be the shortage of manpower to pick the crops... Link to comment Share on other sites More sharing options...
Car Boot Posted November 9, 2017 Share Posted November 9, 2017 (edited) Nope, the suicide choice has already wrecked my economy - thanks!. My pleasure. How is that good news? All that means is that the effect of the weak pound won't be the cause of food inflation - it will be the shortage of manpower to pick the crops... The criminal Common Agricultural Policy (CAP) takes up half the EU budget and lavishes subsidies on the EU’s wealthiest landowners at the expense of millions of the poorest consumers in the EU, including here in the UK. The CAP has been the biggest direct cause of food inflation since its inception. Food prices in the UK are 17 per cent higher due to CAP than they would be if it didn't exist. The EU's aim has always been to redistribute money from the poorest in society and give it to wealthy landowners. Edited November 9, 2017 by Car Boot Link to comment Share on other sites More sharing options...
Magilla Posted November 9, 2017 Share Posted November 9, 2017 My pleasure. Lol, I guess the third time's not a charm Link to comment Share on other sites More sharing options...
Litotes Posted November 9, 2017 Share Posted November 9, 2017 (edited) Food prices in the UK are 17 per cent higher due to CAP than they would be if it didn't exist. The EU's aim has always been to redistribute money from the poorest in society and give it to wealthy landowners. Reference please? ---------- Post added 09-11-2017 at 20:48 ---------- And don't bother quoting the Telegraph "Our Clean Brexit paper published in January suggested that food prices are now 17 per cent higher inside the EU than they would be outside." as if you bother to trace the source, it comes out as being sourced from "Some estimates suggest the price of food in the UK is no less than 17 per cent more expensive than it would be outside both the Single Market and the EU - given the Common External Tariff, not helped by the Common Agricultural Policy (CAP). " Which proves it is based on supposition and not backed up by facts - remember those... the things that the lie campaign, sorry, leave campaign, was lacking. Edited November 9, 2017 by Litotes Link to comment Share on other sites More sharing options...
apelike Posted November 9, 2017 Share Posted November 9, 2017 Except when they introduced legislation on the maximum number of hours in a working week and the protection for people on zero hour contracts. Which added up to diddly squat. People can work over the maximum if they want and the protection for workers on zero hour contracts is minor. ---------- Post added 09-11-2017 at 14:02 ---------- Are you trying to say that the fact everything is more expensive is a good thing? No, are you trying to make out that everything is now more expensive? ---------- Post added 09-11-2017 at 22:18 ---------- ---------- Post added 09-11-2017 at 17:35 ---------- How is that good news? All that means is that the effect of the weak pound won't be the cause of food inflation - it will be the shortage of manpower to pick the crops... The article was about imported food not home grown. BTW where did you get your crystal ball from? Link to comment Share on other sites More sharing options...
ez8004 Posted November 9, 2017 Share Posted November 9, 2017 Which added up to diddly squat. People can work over the maximum if they want and the protection for workers on zero hour contracts is minor. No, are you trying to make out that everything is now more expensive? People can only work above the maximum limit if the employee chooses to opt out. The employers cannot force a worker to do so. The zero hour protection is minor? Do you even know that it is? It is because of this legislation that I am paid an extra £200 A DAY for taking holidays. This is on top of the fact that I have paid leave! As you can see, it is very minor Admittedly, this legislation wasn't supposed to be meant for people like me, but the legal wording "accidentally" included us. Also, do you know what inflation is? Link to comment Share on other sites More sharing options...
Phanerothyme Posted November 9, 2017 Share Posted November 9, 2017 Oh dear. The Remoaners doomsday cult are going to have to postpone the date of their promised economic apocalypse yet again. The Leave vote, they first informed us, would wreck the economy immediately. Then it was altered to 'wait until we begin the disengagement process'. Now it's 'wait until we see just how terrible a deal we get from the EU, or no deal.' Yet, somehow, the sky is still not falling. The economy will shake out one way or another, and lurch along to the next crisis/devaluation/run on the pound/global recession/flash crash etc etc, like it always does. What's really, really unforgivable is a government that, at the beginning of the most important state negotiations for a century, called an unnecessary election as its approval ratings were visibly sinking on daily basis, then spunked away its majority, and descended into plotting, infighting and backstabbing, whilst European leaders looked on open-mouthed in disbelief. Link to comment Share on other sites More sharing options...
ez8004 Posted November 9, 2017 Share Posted November 9, 2017 The economy will shake out one way or another, and lurch along to the next crisis/devaluation/run on the pound/global recession/flash crash etc etc, like it always does. What's really, really unforgivable is a government that, at the beginning of the most important state negotiations for a century, called an unnecessary election as its approval ratings were visibly sinking on daily basis, then spunked away its majority, and descended into plotting, infighting and backstabbing, whilst European leaders looked on open-mouthed in disbelief. Christmas definitely came early for the EU27. We can't even tie our shoelaces together given the utter incompetence the government has shown on the matter. Link to comment Share on other sites More sharing options...
Phanerothyme Posted November 9, 2017 Share Posted November 9, 2017 It's not really good for them either. Brexit is a nice short word, but the reality is you can't simply cut away swathes of legislation and replace it with legislation by executive action (which is what is being proposed) - if you think the lawyers will grow fat on an exhaustively detailed analysis and disengagement from every last tendril of integration with the EU, from Agriculture to Zymurgy, then just think what they'll do with the vast tracts of grey area left behind by wholesale legislative exchange. The EU needs an orderly, predictable, equitable brexit, for minimum disruption and disquiet. This relies on fair-minded and reasonably amicable negotiations on trade, commerce, education, infrastructure, security etc, and collaboration on vital future projects like ITER and ESA. But the Farages of this world would love nothing more than a Brexit without any negotiated arrangements or transition periods in place, simply to sab the European project as much as possible, regardless of the cost to everyone else. A dangerous autoidealogue in action. Link to comment Share on other sites More sharing options...
El Cid Posted November 9, 2017 Share Posted November 9, 2017 Food prices in the UK are 17 per cent higher due to CAP than they would be if it didn't exist. The EU's aim has always been to redistribute money from the poorest in society and give it to wealthy landowners. Can you tell me how you get 17%? Alan Matthews, Professor Emeritus of European Agricultural Policy at Trinity College, Dublin, who now campaigns for reform of the CAP, estimates that EU policy only increases prices in the shops by about 2 to 3 per cent. Brexit could raise the price of food imports from the EU, he said, and there would be extra admin costs for producers, all of which could cancel out the effect of the CAP, or even lead to higher food prices. https://www.channel4.com/news/factcheck/factcheck-eu-raise-prices Seems to me like no one really knows. Link to comment Share on other sites More sharing options...
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