Re: Brexit Anyone? (2) : Thu Nov 02, 2017 1:12 pm  

Sal Paradise wrote:

How many of the doom predictions that were made following the vote have actually come to pass?

How about the Pound tanking against the Euro, causing extra inflationary pressures & the predictable interest rate rises?

[Bullseye]

Re: Brexit Anyone? (2) : Thu Nov 02, 2017 1:35 pm  

bren2k wrote:

As for the politics of it - I tend to agree; this has now become a career defining issue for politicians of all stripes - they either do what's right for the country, or for themselves and their party, and it's fairly obvious what most will choose.

I can't help but think the remainers have a heck of a lot less backbone than the leavers when it comes to standing up for what they believe in. The leavers in the Conservative Party have agitated for it for at least 40 years, they've endured the political wilderness and then split their own party over it. The remainers just seem to wring their hands but refuse to rock the boat if their job is at risk or the party might lose power.

Re: Brexit Anyone? (2) : Thu Nov 02, 2017 2:23 pm  

The Devil's Advocate wrote:

How about the Pound tanking against the Euro, causing extra inflationary pressures & the predictable interest rate rises?

Are you suggesting interest rates would have remained where they were if we had stayed in?

Re: Brexit Anyone? (2) : Thu Nov 02, 2017 3:12 pm  

Bullseye wrote:

I can't help but think the remainers have a heck of a lot less backbone than the leavers when it comes to standing up for what they believe in. The leavers in the Conservative Party have agitated for it for at least 40 years, they've endured the political wilderness and then split their own party over it. The remainers just seem to wring their hands but refuse to rock the boat if their job is at risk or the party might lose power.

I agree; I'm a big supporter of Mr Corbyn and agree with most of his policies - but I'm profoundly disappointed that Labour isn't working harder on his original model - stay in, but reform. It will take more than the fundamentally dislikable Chuka Umuna to win the argument, but the party is fearful of losing the momentum they gained at the last GE - particularly as it's starting to look like there could be another one sooner than anyone expected.

[Sadfish]

Re: Brexit Anyone? (2) : Thu Nov 02, 2017 3:46 pm  

bren2k wrote:

I agree; I'm a big supporter of Mr Corbyn and agree with most of his policies - but I'm profoundly disappointed that Labour isn't working harder on his original model - stay in, but reform. It will take more than the fundamentally dislikable Chuka Umuna to win the argument, but the party is fearful of losing the momentum they gained at the last GE - particularly
as it's starting to look like there could be another one sooner than anyone expected.

Labour are not in power so do not need to work on any particualr model, I mean it could be 5 years before the next General Election so why show your hand now.

The key is to let the Tories fall on their sword, at the moment they are struggling both here and in the EU, if an election is called they Labour go from that point, until then, keep prodding the "jobs frst" angle and let it roll, Labour won't lose any momentum, but the Tories may well.

Re: Brexit Anyone? (2) : Thu Nov 02, 2017 3:57 pm  

Sal Paradise wrote:

Are you suggesting interest rates would have remained where they were if we had stayed in?

The main reason inflation has reached 3% is that nigh on everything is more expensive due to the pound losing so much value against the Euro & Dollar - so yes I do.

Re: Brexit Anyone? (2) : Fri Nov 03, 2017 11:43 am  

Sal Paradise wrote:

How many of the doom predictions that were made following the vote have actually come to pass?

This is not yet relevant as we're not out, yet.
However, despite the fact that we have record employment (yet falling wages) and roaring inflation (largely brought on by the shrinking value of the Pound), the UK is bumbling along and STILL there is no vision on life outside the EU.

Re: Brexit Anyone? (2) : Fri Nov 03, 2017 12:51 pm  

I would have thought that the Government's chicanery in trying to avoid publishing the 58 Brexit impact assessments tells us a lot about their content; if it was good news, they'd be shouting it from the rooftops - instead, Labour has had to use an arcane bit of parliamentary process to get them released, and even then, they will be heavily redacted - to hide the inconvenient truth.

Re: Brexit Anyone? (2) : Fri Nov 03, 2017 1:34 pm  

The Devil's Advocate wrote:

The main reason inflation has reached 3% is that nigh on everything is more expensive due to the pound losing so much value against the Euro & Dollar - so yes I do.

Interest rates are where they were after the vote and upwards movements are indicated to be relatively small over the next 3 years so it would suggest the Brexit impact is anticipated to be minimal

Re: Brexit Anyone? (2) : Fri Nov 03, 2017 1:38 pm  

wrencat1873 wrote:

This is not yet relevant as we're not out, yet.
However, despite the fact that we have record employment (yet falling wages) and roaring inflation (largely brought on by the shrinking value of the Pound), the UK is bumbling along and STILL there is no vision on life outside the EU.

Wage stagnation has being going on in this country since 2008 its not a result of Brexit and perhaps explains why productivity is so sluggish. Inflation at 2% is hardly roaring and most would suggest some inflation is a good thing.

I would agree about May and her team on Brexit - completely out of the depth