The Poverty of Brexit

“The Government has decided on a Brexit which they can’t get through Parliament and to which the EU will never agree.”
Quite!
Not much sense of urgency from Downing Street is there?

Reckon the secret plan is to muddle and muddle until the EU get so frustrated that they tell us what will happen and this rabble will say no way! And we will all fall off a very high cliff and blame the EU

God no! Anything but falling off a cliff!

Terrorism again in Ireland, Scotland decamping to Europe no industry, mass unemployment, crops rotting in the fields, just a tax haven with US chlorinated chicken and a privatised NHS.
David Davis’s dystopia comes true.

We need a bit of sanity at the top.

Now you really are in la la land harmless sanity!! No way (

Gong to watch The Last Leg for a bit of sanity!

good night owls

Gong!
I need to go now before I get worse.
Going to watch The Last Leg.

Apologies if this has already been mentioned but saw the Phillip Schofield interview with Theresa May on Gogglebox tonight; I don't think anyone has ever put her on the spot in this way before#priceless...

I was told about it so watched it online after the interview.
Embarrassing that she is our PM.

Brilliant.
Tusk says the next stage seems to be based on pure illusion!

Wednesday will be interesting when the draft agreement which will have been turned from the waffle the U.K. produced to a legal succinct document will be guaranteed to cause a real furore.

The reason being almost entirely because the U.K. has never come to any agreed conclusion amongst itself of what Brexit should look like and is continually moving its position according to the weather of any one day. What a nightmare for Brussels.

MaisieD wrote:
"I appreciate the unregulated economic freedom aspect of your argument but neo-liberalism also believes in the 'household economy' model of economics. That is a real constraint on a mixed economy."

Household economy is best when the biggest and strongest , usually the top earner, foregoes the bulk of the household money so that the kids will grow up strong and independent.

Ain’t going to happen though is it alexa

You aren’t the alexa are you?

It's a nice analogy, alexa, but that wasn't quite the 'household model' I was referrring to.

I'm talking about the neo-liberal economic theory which assumes that a country has a finite supply of money and that if it 'runs short' it has to cut expenditure.

As discussed here by Paul Krugman (Nobel prizewinner for Economics)

It's long, but interesting.

www.theguardian.com/business/ng-interactive/2015/apr/29/the-austerity-delusion

Good way of putting it Alex. I shall have to remember that one. Maisie I missed your original post I'm afraid. The threads can move very quickly when you go off and "do" something but we have such good posts at times I hate missing the useful picking of others brains!

I think convincing certain people that money is not finite is an impossibility. More worrying to me is the reasons why what we borrow. Borrowing for the banks may have been essential initially but I don't think it has helped not to let some of them go down, in the long run. Equally, not borrowing to invest in infrastructure seems madness to me.

Having so many people in the country in increasing poverty because money is taken from them and a small percentage getting ridiculously rich just from doing a job - not from any sort of risk on their part - will eventually destabilise any society. However, there seems to be no point in even setting out to convince those who will not even listen and who still believe Mrs T's handbag and the economy had much in common.

Will catch up on the article when I get back in later Maizie. Thanks, as always, for the link. I do appreciate those who add them

MaisieD wrote:

"I'm talking about the neo-liberal economic theory which assumes that a country has a finite supply of money and that if it 'runs short' it has to cut expenditure. "

Maisie, I am one of those who are backward at economics who believes this as above in the quote from you. Yet I count myself a socialist. Clearly something is amiss with my understanding. I read some of the link that you posted until I persuaded myself that the academic level was too high for me. I have an awful lot of reading to do and somehow I must make time for a book called "Economics for Dummies" or better "Economics for Primary Schools" .

I chose 'Alexa' because I like the name. The other alexa probably has reason. Is it something like A-Lex-A , where the 'lex' part signifies word?

If you are new alexa welcome indeed!! I too am not up on lots of things but who cares!! Your opinion and values are as good as anyone else’s on here.

Post away!!

GracesGran wrote:

"Having so many people in the country in increasing poverty because money is taken from them and a small percentage getting ridiculously rich just from doing a job - not from any sort of risk on their part - will eventually destabilise any society. However, there seems to be no point in even setting out to convince those who will not even listen and who still believe Mrs T's handbag and the economy had much in common. "

I understand the first part of your argument, separately , but I can't see how the second part about Mrs T's finite handbag follows from the first, which I don't quite understand and agree with. I wish I could understand.

Regarding inequality of opportunity people, poor people, will tolerate a lot of austerity if everybody is doing austerity but poor people will not tolerate inequality.

Moreover investment by an industry in its workers' welfare will gain cooperators among the workers, and will gain more efficient workers where good health and good living conditions cause better educated ,better trained work force.

Thanks Whitewave.

What Brexit do. You want?
pbs.twimg.com/media/DW0rko7X0AIcngE?format=jpg

I found a link to this article today - written by a Brexiter

www.independent.co.uk/voices/brexit-changed-my-mind-remain-economic-disaster-second-referendum-democracy-eu-government-david-a8225486.html

This isn’t the Brexit I voted for – we need a second referendum

Did you actually vote for brexit * welshwife*? If so what did you think you were voting for?

Someone was saying that the vast majority of new voters are for remain. So with us lot popping off -

Femi whathisname was saying that the most googled thing AFTER the referendum was “what is the EU”!!