01-03-2016, 10:14 AM
11
Re: Am I missing something?
Transatlantic Trade and Investment Partnership you are talking about?There is all about it here
https://en.wikipedia.org/wiki/Transa...nt_Partnership
01-03-2016, 10:22 AM
12
Re: Am I missing something?
Originally Posted by Malc.27
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What will change (in this Country), if and when the 'deficit' is paid off...I can't see where we will be any different than now?The Government isn't likely to invest in new (well paid) jobs. I'm sure there will still be Zero hours contracts...Unemployment...Low-pay etc.
I must be missing something, but I can't see what it is...
Perhaps someone here can explain?
Malc.
The country runs in much the same way. We generate x amount of income from taxes etc, and if we weren't spending huge amounts on debt interest we could afford more schools, better transport, greater health spending etc. etc.
Simples....
P.S. some actually like zero hours contracts and stay on them through choice, being self employed I was on one most of my working life.
01-03-2016, 10:24 AM
13
Re: Am I missing something?
In 2015 the UK government paid £13 billion to the EU budget, and EU spending on the UK was £4.5 billion. So the UK’s ‘net contribution’ was estimated at about £8.5 billion.Each year the UK gets an instant discount on its contributions to the EU—the ‘rebate’—worth almost £5 billion last year. Without it the UK would have been liable for £18 billion in contributions.
01-03-2016, 10:26 AM
14
Re: Am I missing something?
Originally Posted by swimfeeders
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HiI can't explain or even guess what whichever Government in power will do with it.
However it is 10 times what we pay the EU every year, so £68 Billion a year would go a long way to transforming the NHS and services for the elderly.
The UK pays more into the EU budget than it gets back.
In 2015 the UK government paid £13 billion to the EU budget, and EU spending on the UK was £4.5 billion. So the UK’s ‘net contribution’ was estimated at about £8.5 billion.
Each year the UK gets an instant discount on its contributions to the EU—the ‘rebate’—worth almost £5 billion last year. Without it the UK would have been liable for £18 billion in contributions.
Link to my source of information
https://fullfact.org/economy/our-eu-...ee-55-million/
01-03-2016, 11:27 AM
15
Re: Am I missing something?
Originally Posted by realspeed
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So i don't know where you got those amounts from SwimfeedersThe UK pays more into the EU budget than it gets back.
In 2015 the UK government paid £13 billion to the EU budget, and EU spending on the UK was £4.5 billion. So the UK’s ‘net contribution’ was estimated at about £8.5 billion.
Each year the UK gets an instant discount on its contributions to the EU—the ‘rebate’—worth almost £5 billion last year. Without it the UK would have been liable for £18 billion in contributions.
Link to my source of information
https://fullfact.org/economy/our-eu-...ee-55-million/
Yes, my fault, simple typo, put £6.8 instead of £8.6.
Specsavers here I come.
01-03-2016, 06:25 PM
16
Re: Am I missing something?
Originally Posted by Barry
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I think you are missing something Malc 27. It is just basic economics, and no different to every household budget really. We have x amount of income. If we take out a loan then whilst making repayments we have less to spend than we did before, so when we have paid off our debts we can afford to spend a little more on ourselves rather than give debt interest to the bank.The country runs in much the same way. We generate x amount of income from taxes etc, and if we weren't spending huge amounts on debt interest we could afford more schools, better transport, greater health spending etc. etc.
Simples....
P.S. some actually like zero hours contracts and stay on them through choice, being self employed I was on one most of my working life.
Mmmm...I wonder if it will actually work that way, let's hope so, no matter who is 'in charge' at that time, I'm not very confident that the extra money available will be used for the benefit of the Country...
Malc.
Thanks for your reply.
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