Poor Britain ...

[Vinty]

The Greeks have super low taxes and very early retirement ages (some public sector workers retire <50 at 50% of salary), how do they do it?

They have very creative accountant's when it comes to applying for EU aid.

 

[Vinty]

A bit like the 'auf wiedersehn' generation, but in reverse!

However the UK ranks low down on state welfare/pension provisions whilst having some of the lowest tax rates for high earners and corporations...

And the proportion of the population on low wages/corporate welfare and zero hours contracts is also around the top of the charts...

Spot the links yet?

Don't you find it strange that Britain's alleged decline only really began when it joined the old Common market which has mutated into the EU.
According the the remainers the EU has been a guarantor of workers rights and civil liberties ,if that is the case why has the economic condition of millions of British workers declined so drastically.
Can you explain how the EU policy of allowing member states to be flooded with unskilled labour helps the ordinary worker in those states.

 

[SammyInnit]

Watch Jeremy Kyle if you want an idea of where the UK is heading. I wonder if other EU countries can put
on a show like that?

Yes they could. JC has, believe it or not been running for over 10 years; it's not an over night sensation of people being plunged into the working class.

 

[SammyInnit]

Maybe you ought to have a word with the IMF, because they now tend to disagree with you!

You should read some of their articles. They're mostly written on the basis of GDP data

https://www.imf.org/external/datamapper/datasets/WEO

https://www.imf.org/external/datamapper/datasets/WEO/1

 

[ellal]

Don't you find it strange that Britain's alleged decline only really began when it joined the old Common market which has mutated into the EU.
According the the remainers the EU has been a guarantor of workers rights and civil liberties ,if that is the case why has the economic condition of millions of British workers declined so drastically.
Can you explain how the EU policy of allowing member states to be flooded with unskilled labour helps the ordinary worker in those states.

The problems encountered by the average person in the UK are purely home grown...

Can you explain how the UK is at or near the bottom of the European league for social provision/welfare and pensions?

Can you explain why the inequality in wealth in the UK is amongst the greatest in Europe?

Quitters want it both ways...

According to them, we've never had it so bad because we are in the EU and yet other EU countries are treating their citizens better so they are 'screwing us over'...

The fact is that nation states in the EU are still free to make their own policies and when we leave nothing will get better for those 'millions of British workers' - in fact it'll get worse!

 

[Notch7]

Yeah but not for much longer

Yes, for much longer.

The problems encountered by the average person in the UK are purely home grown...

Can you explain how the UK is at or near the bottom of the European league for social provision/welfare and pensions?

Can you explain why the inequality in wealth in the UK is amongst the greatest in Europe?

Quitters want it both ways...

According to them, we've never had it so bad because we are in the EU and yet other EU countries are treating their citizens better so they are 'screwing us over'...

The fact is that nation states in the EU are still free to make their own policies and when we leave nothing will get better for those 'millions of British workers' - in fact it'll get worse!

If you were doing that bad, you wouldnt be here.......

Its funny how all the people on here whinging about terrible inequality in this country are all doing pretty well here.

If its such a terrible country why do so many Europeans come here, instead of going to Germany or France.......

 

[Vinty]

The problems encountered by the average person in the UK are purely home grown...

Can you explain how the UK is at or near the bottom of the European league for social provision/welfare and pensions?

Can you explain why the inequality in wealth in the UK is amongst the greatest in Europe?

Quitters want it both ways...

According to them, we've never had it so bad because we are in the EU and yet other EU countries are treating their citizens better so they are 'screwing us over'...

The fact is that nation states in the EU are still free to make their own policies and when we leave nothing will get better for those 'millions of British workers' - in fact it'll get worse!

You still haven't explained why you believe that the average worker would be better off if the UK remained in the EU if as you claim that member states are free to dictate their own economic policy.
Why is your hero Jeremy Corbyn not a fan of the EU if it is such a great defender of workers rights.

 

[durhamplumber]

The problems encountered by the average person in the UK are purely home grown...

So 40 years of EU membership have done us fekall good then.

 

[Vinty]

You should read some of their articles. They're mostly written on the basis of GDP data

https://www.imf.org/external/datamapper/datasets/WEO

https://www.imf.org/external/datamapper/datasets/WEO/1

GDP statistics can be easily manipulated, for proof have a look at Ireland's ,Nobel prize winning economist Paul Krugman described Ireland's GDP figures as Leprechaun economics.
According to Ireland's GDP figures the Irish are the richest people in Europe but when you use GNP as a measurement of individual wealth, Irish median income is around the EU average.
The reason Irish GDP and GNP don't correlate is because Tax avoiding multi Nationals like Apple launder their profits through the Irish tax system ,this artificially inflates Irish GDP which the Irish like because it is good for their credit rating and hides the true debt to GDP ratio in the Irish economy.
The Billions artificially added to the Irish GDP doesn't stay in Ireland so the Irish worker receives no benefit from it.

 

[durhamplumber]

Can you explain how the UK is at or near the bottom of the European league for social provision/welfare and pensions?

Can you explain why the inequality in wealth in the UK is amongst the greatest in Europe?

Yep,,40 years of EU been utter waste of money.

 

[SirGalahad]

GDP statistics can be easily manipulated, for proof have a look at Ireland's ,Nobel prize winning economist Paul Krugman described Ireland's GDP figures as Leprechaun economics.
According to Ireland's GDP figures the Irish are the richest people in Europe but when you use GNP as a measurement of individual wealth, Irish median income is around the EU average.
The reason Irish GDP and GNP don't correlate is because Tax avoiding multi Nationals like Apple launder their profits through the Irish tax system ,this artificially inflates Irish GDP which the Irish like because it is good for their credit rating and hides the true debt to GDP ratio in the Irish economy.
The Billions artificially added to the Irish GDP doesn't stay in Ireland so the Irish worker receives no benefit from it.

Yet GNI PPP per capita Ireland is still higher than the UK.

https://data.worldbank.org/indicator/NY.GNP.PCAP.CD?year_high_desc=true

 

[noseall]

why do so many Europeans come here, instead of going to Germany or France.......

Many DO go to Germany and France and some come to the UK.
Are you saying we have an unusually high number coming to the UK?
I think Germany trumps all EU nations in terms of migrant ingress.

 

[durhamplumber]

Many DO go to Germany and France and some come to the UK.
Are you saying we have an unusually high number coming to the UK?
I think Germany trumps all EU nations.

Too many.

 

[noseall]

Too many.

That's as maybe. Still doesn't mean they are ALL heading here. More end up in Germany. Notchy needs to do better research.

 

[SammyInnit]

GDP statistics can be easily manipulated, for proof have a look at Ireland's ,Nobel prize winning economist Paul Krugman described Ireland's GDP figures as Leprechaun economics.
According to Ireland's GDP figures the Irish are the richest people in Europe but when you use GNP as a measurement of individual wealth, Irish median income is around the EU average.
The reason Irish GDP and GNP don't correlate is because Tax avoiding multi Nationals like Apple launder their profits through the Irish tax system ,this artificially inflates Irish GDP which the Irish like because it is good for their credit rating and hides the true debt to GDP ratio in the Irish economy.
The Billions artificially added to the Irish GDP doesn't stay in Ireland so the Irish worker receives no benefit from it.

Doesn't matter, that wasn't the point myself and Notch were making, the point being the IMF DO use the GDP Data as a marker for global growth. Lal said they didn't.