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Zaphod
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23-10-2020, 04:22 PM
21

Re: The UK's Hong Kong visa offer is due to start 31st January 2021

Originally Posted by The Artful Todger ->
It is because an increase in our export market is going to be difficult to achieve unless we adopt - let's say creative policies - and focus on international money market needs (become a tax haven even more than we already are) that we must avoid any increase in imports.

Every person who is accepted into our country has a cost and a value.

Only those with a value exceeding their cost is a benefit. It is only the positive differential that can be used to extend our infrastructure unless we take on even more debt. It is only that differential that can pay off the massive debt we now have. The very last thing we need are more people who add to the imports bill.

What is 100% now CERTAIN is that there will have to be a change to our living standards that will make everyone's ears ring. We just can't afford any more drains on our national Bank account.
Why then are you ignoring the very real likelihood that evey one of these immigrants will indeed be a net positive and prove beneficial?
Okay so we know the possibility of making figures read what you want them to say but when so many sources suggest the net benefit I think you're just in denial.

Especially when you go on to touch upon the inevitable changes to our living standards which Covid is causing; these make any cost (which in reality as shown would be net benefit anyway even if we were to see 3 million arrivals) look like a small drop in a large ocean.


ETA
I think you underestimate our future too.
Our potential is huge once free of rthe EU.
The opprtunities are there and we will be free to make the most of them.
Whether or not we do so is down to us - NOT governments; us.
People.
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23-10-2020, 04:34 PM
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Re: The UK's Hong Kong visa offer is due to start 31st January 2021

No, it is not down to The People, it is down to government who have to make strategic decisions. The very last thing we need in our country is more mouths to feed.
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23-10-2020, 04:41 PM
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Re: The UK's Hong Kong visa offer is due to start 31st January 2021

Originally Posted by The Artful Todger ->
No, it is not down to The People, it is down to government who have to make strategic decisions. The very last thing we need in our country is more mouths to feed.
No.
People buy and sell, not governments.

And I have explained - these won't be additions.
We are repeatedly told that a huge number of EU residents here want to go home; once they do there's the opportunity for Hong Kong citizens.
Be honest; they are likely to be better-educated and more-productive too,
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23-10-2020, 08:40 PM
24

Re: The UK's Hong Kong visa offer is due to start 31st January 2021

Originally Posted by Zaphod ->
No.
People buy and sell, not governments.

And I have explained - these won't be additions.
We are repeatedly told that a huge number of EU residents here want to go home; once they do there's the opportunity for Hong Kong citizens.
Be honest; they are likely to be better-educated and more-productive too,
They are unaffordable unless each produces greater export value than the import cost they bring.
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24-10-2020, 02:56 PM
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Re: The UK's Hong Kong visa offer is due to start 31st January 2021

Originally Posted by The Artful Todger ->
They are unaffordable unless each produces greater export value than the import cost they bring.
Great, you're agreeing that their arrival would be a benefit then because I've repeatedly shown you the projected net benefit.

"UK GDP could be boosted by £12-40 billion from migration of skilled Hong Kongers"
https://cebr.com/reports/uk-gdp-coul...-hong-kongers/

Bringing between twelve and forty billion pounds extra to the country in five years is emminently affordable.
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24-10-2020, 03:22 PM
26

Re: The UK's Hong Kong visa offer is due to start 31st January 2021

Originally Posted by Zaphod ->
Great, you're agreeing that their arrival would be a benefit then because I've repeatedly shown you the projected net benefit.

"UK GDP could be boosted by £12-40 billion from migration of skilled Hong Kongers"
https://cebr.com/reports/uk-gdp-coul...-hong-kongers/

Bringing between twelve and forty billion pounds extra to the country in five years is emminently affordable.
No, I have NOT agreed to your suggestion.

It is based on how the paradigm is set. It has to be set on the global economies. There is less than no in expanding the economy and the GDP if it requires taking on further debt.

Maybe if you peruse the Government treasury Red Book, the treasury Blue Book, and especially the treasury Green Book with the help of The Big Dummies guide aka the CIA world Factbook things will become clear.

The bottom line is that unless every person coming into the UK increases our export total in excess of their load on our import costs we would in effect be subsidising them.

The emphasis should now be on kicking out the dross that are already here, not bringing any more in.
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24-10-2020, 08:13 PM
27

Re: The UK's Hong Kong visa offer is due to start 31st January 2021

Originally Posted by The Artful Todger ->

The bottom line is that unless every person coming into the UK increases our export total in excess of their load on our import costs we would in effect be subsidising them.
What a load of tosh!

So (in effect) if we boot out half our population (the workers, NOT the retired) we would reduce our import costs so much that our exports would then become an excess?

That's very obviously ridiculous!

There are far more variables at play than your extremely blinkered and simplistic but flawed surmise regarding exports.

Again, and despite your false assertions, bringing between twelve and forty billion pounds extra to the country in just five years is emminently affordable.
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24-10-2020, 08:29 PM
28

Re: The UK's Hong Kong visa offer is due to start 31st January 2021

Originally Posted by Zaphod ->
What a load of tosh!

So (in effect) if we boot out half our population (the workers, NOT the retired) we would reduce our import costs so much that our exports would then become an excess?

That's very obviously ridiculous!

There are far more variables at play than your extremely blinkered and simplistic but flawed surmise regarding exports.

Again, and despite your false assertions, bringing between twelve and forty billion pounds extra to the country in just five years is emminently affordable.
Any increase to the GDP that relies on issuing gilts is simply a loss. As for getting rid of half the population benefiting our Ballance of payments because of the UK being predominantly a service economy it certainly would be adventitious.
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25-10-2020, 02:11 PM
29

Re: The UK's Hong Kong visa offer is due to start 31st January 2021

Originally Posted by The Artful Todger ->
Any increase to the GDP that relies on issuing gilts is simply a loss. As for getting rid of half the population benefiting our Ballance of payments because of the UK being predominantly a service economy it certainly would be adventitious.
Oh you have to show us where our government is specifically planning to issue gilts as a result of possible immigration from Hing Kong?
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25-10-2020, 02:25 PM
30

Re: The UK's Hong Kong visa offer is due to start 31st January 2021

Originally Posted by Zaphod ->
Oh you have to show us where our government is specifically planning to issue gilts as a result of possible immigration from Hing Kong?
The UK government would have to issue Gilts, probably accompanied by increases in taxes, in order to accommodate yet more immigrants assuming that the immigrants increase in our exports did not at least equal the cost increase in our imports.
 
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