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Kier yesterday

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  • #61
    Re: Kier yesterday

    Originally posted by JamesWales View Post
    You are rather making my point for me here. You are using terms such as 'knife fight', 'lying on the ground bleeding' etc. All very dramatic stuff that no doubt alarms people.

    But if that's true would we not expect to see our GDP far lower? Our unemployment higher? Our wages lower? Inflation higher? Stock market lower etc etc etc?

    That just isn't happening. My point is that its a mixed picture and that's my point because that's what the facts tell us.

    Do you have any real evidence that we are a 'low wage economy?' minimum wages have risen sigificantly. Nothing I have seen suggests French or Germans etc are paid notably more.

    You mention trade. Of course, trade with the EU will never be as hassle free as before but (in theory at least) trade with the rest of the world should become far easier. Irrespective, UK exports to the EU are at a record high. Again, this isn't the narrative you and others push out.


    Perfect? Far from it. But lying on the floor, bleeding? Nope. Not true.

    No dispute on what you say about income inequality btw. We are probably wholly in agreement on the need to address that.
    Oh Jesus Christ James, knife fight = I was trying to demonstrate that brexit isn't a zero sum game where someone wins and someone loses, the EU lose and we lose. It is obvious from your previous posts that you don't understand this concept.

    From the ft article in the other thread:

    "Britain is a different story. While the top earners rank fifth, the average household ranks 12th and the poorest 5 per cent rank 15th. Far from simply losing touch with their western European peers, last year the lowest-earning bracket of British households had a standard of living that was 20 per cent weaker than their counterparts in Slovenia"

    "It’s a similar story in the middle. In 2007, the average UK household was 8 per cent worse off than its peers in north-western Europe, but the deficit has since ballooned to a record 20 per cent. On present trends, the average Slovenian household will be better off than its British counterpart by 2024, and the average Polish family will move ahead before the end of the decade. A country in desperate need of migrant labour may soon have to ask new arrivals to take a pay cut."



    Please prove my opinion of you wrong and actually read and digest it for once. We are a high wage economy for high earners and a low wage economy for median/low earners.

    I'm probably stuck here but my advice to my nieces and nephews is to start learning a few other languages.

    Comment


    • #62
      Re: Kier yesterday

      Originally posted by Eric Cartman View Post
      Oh Jesus Christ James, knife fight = I was trying to demonstrate that brexit isn't a zero sum game where someone wins and someone loses, the EU lose and we lose. It is obvious from your previous posts that you don't understand this concept.

      From the ft article in the other thread:

      "Britain is a different story. While the top earners rank fifth, the average household ranks 12th and the poorest 5 per cent rank 15th. Far from simply losing touch with their western European peers, last year the lowest-earning bracket of British households had a standard of living that was 20 per cent weaker than their counterparts in Slovenia"

      "It’s a similar story in the middle. In 2007, the average UK household was 8 per cent worse off than its peers in north-western Europe, but the deficit has since ballooned to a record 20 per cent. On present trends, the average Slovenian household will be better off than its British counterpart by 2024, and the average Polish family will move ahead before the end of the decade. A country in desperate need of migrant labour may soon have to ask new arrivals to take a pay cut."



      Please prove my opinion of you wrong and actually read and digest it for once. We are a high wage economy for high earners and a low wage economy for median/low earners.

      I'm probably stuck here but my advice to my nieces and nephews is to start learning a few other languages.
      Eric, chill out. We seem to be talking about different things.

      I don't disagree that the UK is an unequal society. All are, but the UK more skewed than most. That does not make us a "low wage economy".

      I just checked. Our average wage in 2020 in USD is $3952. Germany's was $4045 and France $3616.

      Our minimum wage is also higher, marginally, by around 50 cents.

      The cost of living of course comes into this but you can't just claim that the UK is a low wage economy and then get uppity when people question it. It's not true. On no measure are we a 'low wage economy'.

      And how you think any of that proves anything related to Brexit is beyond me as the more important data you seem to largely ignore.

      My only point is that there is a load of data, none of it is conclusive and that our peers who have not left the EU are by and large not performing any better than us.

      What from the above do you disagree with?

      It's easy to tell me to "read and digest" the report. But I can say exactly the same to you.

      Let's be clear about this:

      If you are trying to prove the UK is an unequal society, then I entirely agree with you.

      If you are saying that set of data over-rides GDP, unemployment, wage growth, stock market etc etc data and means that the country is in a huge mess because of leaving the EU then I wholly disagree because the data just doesn't support that argument.

      If our GDP (and other stats) is consistently below our peers in the coming years then I will agree with many of you. But it doesn't seem to be happening.

      Comment


      • #63
        Re: Kier yesterday

        But our GDP over the last few years since Brexit has been below our G7 competitors. It was starkly outlined in the Commons Library information posted yesterday. Not a forecast as you blithely dismissed but a fact as is we are the only member of the G7 for our GDP still to recover to prepandemic levels. By all means continue to take snapshots in time if it makes you feel more comfortable but what is the reason, despite more friction in trade with GB as a result of Brexit, that the Germans, French and Italians have recovered and grown over two and half years and we haven't do you think?

        Comment


        • #64
          Re: Kier yesterday

          Originally posted by JamesWales View Post
          Eric, chill out. We seem to be talking about different things.

          I don't disagree that the UK is an unequal society. All are, but the UK more skewed than most. That does not make us a "low wage economy".

          I just checked. Our average wage in 2020 in USD is $3952. Germany's was $4045 and France $3616.

          Our minimum wage is also higher, marginally, by around 50 cents.

          The cost of living of course comes into this but you can't just claim that the UK is a low wage economy and then get uppity when people question it. It's not true. On no measure are we a 'low wage economy'.

          And how you think any of that proves anything related to Brexit is beyond me as the more important data you seem to largely ignore.

          My only point is that there is a load of data, none of it is conclusive and that our peers who have not left the EU are by and large not performing any better than us.

          What from the above do you disagree with?

          It's easy to tell me to "read and digest" the report. But I can say exactly the same to you.

          Let's be clear about this:

          If you are trying to prove the UK is an unequal society, then I entirely agree with you.

          If you are saying that set of data over-rides GDP, unemployment, wage growth, stock market etc etc data and means that the country is in a huge mess because of leaving the EU then I wholly disagree because the data just doesn't support that argument.

          If our GDP (and other stats) is consistently below our peers in the coming years then I will agree with many of you. But it doesn't seem to be happening.
          I keep qualifying this as low wage economy for low/median earners. That is probably true and you accept this if you accept that our income inequality is high

          Begs the question, if you know the UK has high income inequality then what use is an overall 'wage growth' statistic? Why use it to champion anything? Whose wage is growing? Does it matter?

          My only point is that there is a load of data, none of it is conclusive and that our peers who have not left the EU are by and large not performing any better than us.
          Read that back and tell me why you would expect them to and why that would be evidence for it being right or wrong to leave/rejoin, it's bonkers how condescending you are in the rest of your post when you dont get this simple point. Brexit being bad for us mean its good for them, it's bad for everybody involved.

          As for 'record trade with the EU', have you actually read the article because not only do they attribute it mostly to the unusual circumstances of war/energy prices. It is also measured absolute terms, can you think of any reason why this might be a bit of silly idea during a period where inflation is 10-12%. It's like when a government says 'record funding' every year, it's nonsense.

          Probably a more sensible way to look at it:

          "Research released today (19 October 2022) by the ESRI shows reductions in UK to EU goods trade by 16% and trade from the EU to UK by 20% relative to the scenario in which Brexit had not occurred. The comparison scenario is that trade with the UK should have been expected to grow at a similar pace to that of the same products being traded with other EU partner countries around the world. Although goods trade between the EU and UK recovered most of its previous level in value terms following the sharp fall in the early months of 2021, this recovery leaves it well below the levels that would have been expected if it had performed on a comparable level with other trade partners."

          So as you can see, brexit has hurt us both.

          Comment


          • #65
            Re: Kier yesterday

            Originally posted by cyril evans awaydays View Post
            But our GDP over the last few years since Brexit has been below our G7 competitors. It was starkly outlined in the Commons Library information posted yesterday. Not a forecast as you blithely dismissed but a fact as is we are the only member of the G7 for our GDP still to recover to prepandemic levels. By all means continue to take snapshots in time if it makes you feel more comfortable but what is the reason, despite more friction in trade with GB as a result of Brexit, that the Germans, French and Italians have recovered and grown over two and half years and we haven't do you think?

            https://commonslibrary.parliament.uk...fings/sn02784/
            Yeah but since 3 weeks ago at 4am our growth is better than Germany

            Comment


            • #66
              Re: Kier yesterday

              Originally posted by cyril evans awaydays View Post
              But our GDP over the last few years since Brexit has been below our G7 competitors. It was starkly outlined in the Commons Library information posted yesterday. Not a forecast as you blithely dismissed but a fact as is we are the only member of the G7 for our GDP still to recover to prepandemic levels. By all means continue to take snapshots in time if it makes you feel more comfortable but what is the reason, despite more friction in trade with GB as a result of Brexit, that the Germans, French and Italians have recovered and grown over two and half years and we haven't do you think?

              https://commonslibrary.parliament.uk...fings/sn02784/
              All of our economies did not decline at an equal rate though did they. As was widely reported at the time the UK took a bigger hit to our economy than others. I think we locked down too late and and our initial hit was harder as a result.

              I'm not a huge fan of G7 comparisons as it's a rather arbitrary group but I agree, not recovering to pre pandemic levels is not good and it's a statistic to include in the mix.

              Bit for you to dismiss annual GDP growth so meekly when it is the first full year of data 'post covid' but then cling on to the headline about the G7 is rather disingenuous. Let's take them both on board as part of a wider look at GDP

              Comment


              • #67
                Re: Kier yesterday

                Originally posted by Organ Morgan. View Post
                It might explain why both the Chairman and CEO of that club are named on the Davos attendee list I linked to yesterday.
                after her staged arrest in Germany on Tuesday somehow Greta shows up now . its amazing what the script writers can do !

                Comment


                • #68
                  Re: Kier yesterday

                  Originally posted by MOZZER2 View Post
                  after her staged arrest in Germany on Tuesday somehow Greta shows up now . its amazing what the script writers can do !

                  Some independent investigative journalists collared here while she walked the streets. She comes across as an obvious fraud of the crisis actor type and an odd character to boot. Her earlier 'arrest' was plainly a photo op.


                  Comment

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