this post was submitted on 01 Jul 2023
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UK Politics

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Snapshot of Eurozone inflation falls to 5.5% in sharp contrast to UK. Economists put reason for divergence down to Brexit and Britain’s energy price guarantee.

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[–] emerty 1 points 1 year ago* (last edited 1 year ago) (1 children)

I know how UK common law is written and how civil regs are, I'm not even going to begin arguing unless you demonstrate that you know the difference

And the cost? UK govt has actually spent around £8b on brexit preparations

The investment delay will be recouped

UK was 2nd in Europe on GDP per capita in 2016 and is still 2nd in Europe in 2022 so it's negligible.

[–] G4Z 1 points 1 year ago* (last edited 1 year ago) (1 children)

And what is your source for that 8bn?

Is that all the costs, I asked how much per year?

UK was 2nd in Europe on GDP per capita in 2016 and is still 2nd in Europe in 2022 so it’s negligible.

The measure is against where we would have been had we remained in the EU though.

[–] emerty 1 points 1 year ago (1 children)

https://www.instituteforgovernment.org.uk/article/explainer/brexit-spending-government-preparations

It's impossible to prove where the UK would have been, a 100 year pandemic makes the brexit effect just noise. The synthetic counter factual models are smart but stupid.

You do realise that your 4% forecast is also a could and maybe yeah?

Here are the actual facts on GDP per capita. Maybe you understand pictures more easily than words

https://data.worldbank.org/indicator/NY.GDP.PCAP.CD?locations=GB-XC-FR-DE-ES-IT&start=2016

[–] G4Z 1 points 1 year ago* (last edited 1 year ago) (1 children)

So I asked you, how much is Brexit costing per year, and you've given me what was spent to prepare for Brexit. Can you see how these are not the same thing?

I am getting a little tired of your constant dishonesty, I'm trying to be charitable with you, but I don't really see how it's possible to misunderstand such a simple question if you are as smart as you claim to be.

It’s impossible to prove where the UK would have been, a 100 year pandemic makes the brexit effect just noise. The synthetic counter factual models are smart but stupid.

Well of course because it's predicated on a model of where we would have been had we not left the EU. It's extrapolation in that sense, but it's more than you have isn't it?

Here are the actual facts on GDP per capita. Maybe you understand pictures more easily than words

Still not relevant to anything though, because as I said the measure is against where we would have been had we stayed in, not how well we still stack up in some rankings.

[–] emerty 1 points 1 year ago* (last edited 1 year ago) (1 children)

Still not relevant to anything though, because as I said the measure is against where we would have been had we stayed in, not how well we still stack up in some rankings.

It's clearly relevant to our nearest economic peers...it's actual data, in the measure that the OBR forecast, and not educated guesses.

I'm tired of your dullness, goodbye

[–] G4Z 2 points 1 year ago

Well it was certainly interesting to engage, I'll know exactly what to watch out for with you on your future posts.

Have a lovely evening :)