By continuing to use the site, you agree to our use of cookies and to abide by our Terms and Conditions. We in turn value your personal details in accordance with our Privacy Policy.
Please log in or register. Registered visitors get fewer ads.
I admit that in the past I’ve been quite abusive when describing Brexit. But, this is a genuine question and primarily aimed at people who would still vote for it.
By 2030, Poland could well overtake the UK economy and by 2040, both Bulgaria and Romania could well overtake the UK as well. Brexit and the Brexit deal is responsible for a lot of the economic damage. Was (is) Brexit worth it and if so why?
I’ve attached the bbc link -there are other links but decided to use that one.
Was Brexit worth it? on 21:49 - May 10 by itfc_bucks
But that pay rise is directly inflationary. The pay uplift is passed on throughout the entirety of the supply chain and ends up, in itself, being absorbed by the huge hike in the overall rate of inflation.
Utter nonsense. A myth peddled to the stupid in order to hold down wages.
Were it to be true then the past year of below inflation pay rises would have seen inflation fall, in fact it has risen.
To maintain profits and so dividends prices have been massively increased, often way above inflation. Supposedly because the costs of production, in this case raw materials, have increased. Yet the main cost of production (labour) is supposedly not to increase.
If wages were to keep pace with inflation it would be at the expense of profi,t and consequently, dividends. Check the record profits of the energy/oil companies. The record profits of supermarkets.
This 'wage spiral' is nothing more than a scare story to maintain those profits. Were the cost of labour to be maintained, not increased, just maintained, it would simply mean there was less money to divi out at the years end.
Sadly stupid righties fall for this sheet, just as they did with Brexit, Why ? Because they will not think for themselves, read up on stuff,etc Why ? Because of what was posted above. An aversion to cooperation, manifest as cap doffing servility
[Post edited 11 May 2023 1:21]
0
Was Brexit worth it? on 11:34 - May 11 with 902 views
Was Brexit worth it? (n/t) on 01:02 - May 11 by HARRY10
Utter nonsense. A myth peddled to the stupid in order to hold down wages.
Were it to be true then the past year of below inflation pay rises would have seen inflation fall, in fact it has risen.
To maintain profits and so dividends prices have been massively increased, often way above inflation. Supposedly because the costs of production, in this case raw materials, have increased. Yet the main cost of production (labour) is supposedly not to increase.
If wages were to keep pace with inflation it would be at the expense of profi,t and consequently, dividends. Check the record profits of the energy/oil companies. The record profits of supermarkets.
This 'wage spiral' is nothing more than a scare story to maintain those profits. Were the cost of labour to be maintained, not increased, just maintained, it would simply mean there was less money to divi out at the years end.
Sadly stupid righties fall for this sheet, just as they did with Brexit, Why ? Because they will not think for themselves, read up on stuff,etc Why ? Because of what was posted above. An aversion to cooperation, manifest as cap doffing servility
[Post edited 11 May 2023 1:21]
I was going to go on to contrast with, say a pay uplift for teachers or nurses, which would be less directly inflationary, but, frankly, I couldn't be arsed.
0
Was Brexit worth it? (n/t) on 15:13 - May 11 with 821 views
Was Brexit worth it? (n/t) on 13:39 - May 11 by itfc_bucks
I was going to go on to contrast with, say a pay uplift for teachers or nurses, which would be less directly inflationary, but, frankly, I couldn't be arsed.
"less directly inflationary"
Rather like less pregnant, i suppose.
The real question here is why someone would wish to peddle a myth (lie) when a bit of research would show that claim was not true.
Why were previous cost of living pay increases not inflationary ? And why would anyone (who is dependant upon wages/fees etc} try to muddy the waters to the effect of acting against their economic interest ?
0
Was Brexit worth it? on 16:01 - May 11 with 810 views
Yesterdays total reversal of the Stick Insects absurd Bill that would have caused chaos were to have been passed. The thought is that it would not have been passed (as now shown) but was passed to a knwn idiot to run with it
The new business secretary (Badenoch) is of the same intellectual level as both sticky and Truss, so has wasted millions in having civil servants arrive at the conclusion that was known from the start.
That, pretty much most of these supposed naughty EU laws are merely agreed standards, whereby their removal can only be with the intent of lowering them.
Realising that she had been played, Badenoch attempted to hide that fact by announcing the about turn via the media, and not as required, directly to the house. Hauled before the house by the Speaker she then tried a smart arz reply, only to be given a severe dressing down by a Speaker whose usual stance is that of a shy mouse.
However, the point is not in highlighting another incompetent out of her depth, but what really lies behind this attempt to opt out of accepted standards.
The idea that the UK can compete internationally by lowering standards and cutting costs - wages, holidays, safety etc is utterly flawed. The point of EU standards is to stop a race to the bottom, one that a country like the UK could never win. And it is a measure of the stupidity that underpins that nonsense that high tax countries like those in Scandinavia and Germany have a far higher standard of living with no discernable effect upon the economy.
Reducing the living standards of your workforce will not retain the skilled workers needed, never mind attract those from elsewhere. Business will simply continue to move out of the UK, the country will continue to slide, to where it is suggested it will fall behind Poland by 2030
1
Was Brexit worth it? on 23:23 - May 11 with 752 views
"The problem for the business and trade secretary is that she isn’t nearly as bright as she thinks she is. If she were, she would never have allowed herself to get in such a mess over the retained EU law bill in the first place. After all, it was obvious to even the dimmest halfwit that removing every piece of EU law from the statute book by the end of this year was going to be a disaster." John Crace Guardian this evening
As with the stick insect, she doesn't see that she has been set up as the fall guy for this idiocy, but someone whose 'talents' have at last been recognised. Talents, if spouting any amount of sh ite she's told to clamber further up the greasy pole is talent.
But like Truss, when you have no principles, no integrity or even a reasonable IQ you are prone to being used - then dumped when not needed. The only downside, as with sticky, 30p Lee and Braverman, is how much damage can be done, before they are done with.
Far better some might say to be as the be-wigged creature that is Farbricant. Be thought an idiot, but have enough sense to only open your mouth occasionally to confirm it.
By continuing to use the site, you agree to our use of cookies and to abide by our Terms and Conditions.
