European Union exit could make British households £933 richer - Polidicks

[QUOTE] The typical British household would be almost £1,000 a year better off if Britain is forced to leave the European Union, a new analysis has shown. British businesses trading with the EU would also be no worse off outside the EU’s free-trade agreement because the Government would save enough money on membership fees to compensate exporters for the higher tariffs they might face. The conclusions were made in Change, or Go, a major assessment of Britain’s place in the EU and its future in Europe. How leaving the EU could make you £933 better off There would be significant potential financial advantages to the UK leaving the European Union. But what could this equate to in terms of the savings that might be generated every year for the average household? The most obvious saving would come from no longer having to pay membership fees after withdrawal from the EU. The long-term annual figure for net UK contributions to the EU settles in the region of £9 billion net (the gross figure is considerably higher). This remains subject to upward pressures. For the purposes of our calculation, however, we continue to treat £9 billion as the working figure. [/QUOTE] [URL="http://www.telegraph.co.uk/news/newstopics/eureferendum/11691955/European-Union-exit-could-make-British-households-933-richer.html"]http://www.telegraph.co.uk/news/newstopics/eureferendum/11691955/European-Union-exit-could-make-British-households-933-richer.html[/URL] [IMG]http://i.telegraph.co.uk/multimedia/archive/02866/eurozone_2866349b.jpg[/IMG] [URL="http://uk.businessinsider.com/eu-referendum-change-or-go-report-brexit-if-uk-renegotiation-of-eu-membership-fails-2015-6?r=US"]http://uk.businessinsider.com/eu-referendum-change-or-go-report-brexit-if-uk-renegotiation-of-eu-membership-fails-2015-6?r=US[/URL] Another interesting read.

Is global cooperation worth 933 pounds? This is a rhetorical question.

Surprisingly a study by a group proposing we leave the EU suggests we should leave the EU. You can't add up money we pay into the EU, divide by the population and claim that we will all be that much richer.

[QUOTE=Joey90;48035827]Surprisingly a study by a group proposing we leave the EU suggests we should leave the EU. You can't add up money we pay into the EU, divide by the population and claim that we will all be that much richer.[/QUOTE] I believe they advocate reform.

[QUOTE=Joey90;48035827]Surprisingly a study by a group proposing we leave the EU suggests we should leave the EU. You can't add up money we pay into the EU, divide by the population and claim that we will all be that much richer.[/QUOTE] Wouldn't it just stay with the government? So your government would be 933 x households richer per year?

[quote]For the purposes of this assessment, we assume that UK farmers will continue to receive current levels of grants from the successor national policy to the CAP[/quote] 'If we take money from here and assume that somehow the people that benefit from it get the same amount of money it's free money for everyone!' Also love the 'We could save money by dumping stuff in landfill fuckin EU!!!!!!!'

i wouldn't mind £933

Hmm who will I believe, every single actual independent monetary institution in Britain that has personal interest in the decision, or a reactionary group the sole purpose of which is to rally people to support Brexit (they have it in the fucking name.) [B]HMMMMMM, A REALLY TOUGH ONE![/B] [editline]23rd June 2015[/editline] [QUOTE=Uzbekistan;48035888]'If we take money from here and assume that somehow the people that benefit from it get the same amount of money it's free money for everyone!' Also love the 'We could save money by dumping stuff in landfill fuckin EU!!!!!!!'[/QUOTE] You are sarcastic but this is literally what parts of this "~study~" are [quote] Products EU rules that add costs to making products have an impact on their shelf price. The Waste Electrical and Electronic Equipment recycling directive (WEEE) is intended to cut waste disposal of used electrical goods. This is a laudable objective, but the cost is passed to the consumer, either at the point of disposal or of purchase if the supplier assumes the burden. Similarly, the REACH rules – the Regulation on Registration, Evaluation, Authorisation and Restriction of Chemicals – impose costs on the development of products. These rules cost Britain between £325m and £600m a year, on the basis of the European Commission estimates. [/quote] OI IF WE DROP THESE STUPID SAFETY AND RECYCLING RULES, ELECTRONICS WILL BE CHEAPER, AIN'T THAT DANDY? WHO NEEDS SAFETY AND RECYCLING?! CHEAP SHIT! GET ON IT MATE [editline]23rd June 2015[/editline] [quote] Common Fisheries Policy (CFP) Leaving the CFP allows for the fleet and coastal communities to regenerate, assuming stocks are sensibly managed and foreign access is reduced (probably gradually). The potential gains come to around £2.8bn annually. [/quote] HAHA, IF WE KEEP ALL THE FISH FOR OURSELVES AND CHASE AWAY ANYBODY WHO MIGHT DARE TO COME NEAR OUR WATERS, AND IF WE PRESUME THAT SOMEHOW WE CAN BOTH HAVE THE STOCK SPONTANEOUSLY REGENERATE AND INCREASE FISHING, WE WILL HAVE HELLUVA LOT OF FISH, THIS STUFF IS PURE GOLD

[QUOTE=Awesomecaek;48035976]Hmm who will I believe, every single actual independent monetary institution in Britain that has personal interest in the decision, or a reactionary group the sole purpose of which is to rally people to support Brexit (they have it in the fucking name.) [B]HMMMMMM, A REALLY TOUGH ONE![/B] [editline]23rd June 2015[/editline] You are sarcastic but this is literally what parts of this "~study~" are OI IF WE DROP THESE STUPID SAFETY AND RECYCLING RULES, ELECTRONICS WILL BE CHEAPER, AIN'T THAT DANDY? WHO NEEDS SAFETY AND RECYCLING?! CHEAP SHIT! GET ON IT MATE[/QUOTE] IT'S ELECTRICAL CORRECTNESS GONE MAD!!!! WE CAN'T EVEN THROW AWAY THE BANANA STRAIGHTENING MACHINES THEY MAKE US USE!

[QUOTE=A B.A. Survivor;48035808]Is global cooperation worth 933 pounds? This is a rhetorical question.[/QUOTE] "I get nothing from spending thousand pounds!!!!!"

[QUOTE=Uzbekistan;48035888]'If we take money from here and assume that somehow the people that benefit from it get the same amount of money it's free money for everyone!'[/QUOTE] Did you actually read the article, or even the sentence you quoted? [quote]British businesses trading with the EU would also be no worse off outside the EU’s free-trade agreement because the [b]Government would save enough money on membership fees to compensate exporters for the higher tariffs they might face.[/b] [/quote] [quote] For the purposes of this analysis, we will assume that no deal has been reached with the EU on any free trade agreement “successor treaty”; that current levels of grants and payments continue to be made to British recipients of EU grants, but now by UK authorities; that tariffs are being levied by the EU against UK businesses at maximum permitted World Trade Organization (WTO) trade terms; and [b]that money is being set aside by the Treasury at an equal rate to the tariffs levied to support those UK businesses affected[/b]. [b]Additionally, this analysis does not take into account any potential new tariffs levied on imports from the EU. The UK would be perfectly entitled to take such reciprocal action: it would raise additional revenue that could be used to cut specific taxes; and it could act as a deterrent against EU tariffs being imposed on UK goods.[/b] However, we assume a continued unilateral free trade approach on the UK side, no reciprocal duties levied, and continued market prices for EU imports in UK shops. Even with these caveats the UK gains economically. By transitioning from EU membership to 'WTO-only’ status, Britain would generate annual savings of around £3.9bn. [/quote] [quote]For the purposes of this assessment, we assume that UK farmers will continue to receive current levels of grants from the successor national policy to the CAP, but note the prospect of a shift in the nature of this support that could still end in reduced supermarket prices. [/quote] [quote] Tariff barriers hinder access to the EU market by producers of cheap clothing. This is largely done in support of southern European manufacturers, since their northern European counterparts have mostly downsized and shifted to quality products with higher individual mark-ups. [b]The impact of these tariffs on bills for less well-off households is particularly damaging, pushing up the cost of clothing.[/b] The UK could opt, outside the Common Customs Tariff, to slash or remove these barriers. This might be linked with reciprocal action in the corresponding export markets to facilitate higher-end exports by UK producers, on top of agreements to combat local counterfeiting. Average household annual expenditure on clothing is £1,217. On the basis that many clothing items imported to the EU face a tariff of 12 per cent, that suggests a potential (though speculative) saving of about £146 per year. [/quote] It's saying that the savings from not being part of the EU would be enough for the government to subsidize the most affected industries and still save money, and reduced obstacles from EU tariffs and duplicated regulations would reduce prices on common goods. I don't have a stake in this issue, but maybe try reading the entire article?

[QUOTE=catbarf;48036114]Did you actually read the article, or even the sentence you quoted? It's saying that the savings from not being part of the EU would be enough for the government to subsidize the most affected industries and still save money, and reduced obstacles from EU tariffs and duplicated regulations would reduce prices on common goods. I don't have a stake in this issue, but maybe try reading the entire article?[/QUOTE] It would be great if either of the articles supported that claim with actual data, which they don't, but you would surely notice that issue if you properly read them? [editline]23rd June 2015[/editline] In other words they are pulling that claim out of their ass.

[QUOTE=Awesomecaek;48036123]It would be great if either of the articles supported that claim with actual data, which they don't, but you would surely notice that issue if you properly read them? [editline]23rd June 2015[/editline] In other words they are pulling that claim out of their ass.[/QUOTE] I found the actual articles in about thirty seconds. [url=http://forbritain.org/chapter31.pdf]Here's[/url] the one on household goods. It seems sourced to me. Like I said, I don't have a stake in the issue, but I'd like to see criticism of it that isn't 'this doesn't fit my beliefs so it's wrong', because that's not how you argue.

[QUOTE=catbarf;48036268]I found the actual articles in about thirty seconds. [URL="http://forbritain.org/chapter31.pdf"]Here's[/URL] the one on household goods. It seems sourced to me. Like I said, I don't have a stake in the issue, but I'd like to see criticism of it that isn't 'this doesn't fit my beliefs so it's wrong', because that's not how you argue.[/QUOTE] I don't think it's wrong because it doesn't fit my beliefs, I think it's wrong because it makes countless ridiculous presumptions. The core one is probably the fact they first recalculate the total savings, say "this is how much cash everyone gonna get for free" and then claim the government will subsidize the businesses that lose trade due to starker market situation, that alone is absolutely ridiculous. The whole EU membership is essentially a deal, and it's up for debate if Britain can negotiate a better one in the future, but considering practically every single institution that actually deals with money and with studying economy as their primary source of income agrees that Britain is better off in than out, then some group with very obvious conflict of interest making original research is something you can't blame me for not taking too seriously to begin with. [editline]24th June 2015[/editline] Secondly, I loathe how it absolutely ignores the very specific and tangible negatives some of the repeals would carry. Yeah sure, you can save up on dropping the electronics standards and you can repeal all attempts at ecological working, but it conveniently doesn't mention the cost of more frequent injuries, less reliable infrastructure and all that which comes with a drop of standard quality. The impact of ecological ignorance is something that's very hard to calculate but just saying "this is money we can just not spend and nothing will happen" should be completely obviously wrong to everyone.

[QUOTE=A B.A. Survivor;48035808]Is global cooperation worth 933 pounds? This is a rhetorical question.[/QUOTE] I don't know anything about what benefits you get by being part of the EU, but I do know that global cooperation isn't going to stop if you leave it.

Wouldn't that be wiped out by the rise in the cost of goods following the sudden economic isolation of Britain outside the European free trade zone

Let's not mention those whom are under the poverty line, they will get absolutely no jack shit out of it.

[QUOTE=sgman91;48036525]I don't know anything about what benefits you get by being part of the EU, but I do know that global cooperation isn't going to stop if you leave it.[/QUOTE] The UK is heavily reliant on trade with the EU. You can't just leave, piss off the EU and then expect to establish a reasonable trade relationship with them. Membership of countries is important to the EU, that's one of the reasons they pump billions into greece

[QUOTE=Cold;48038894]The UK is heavily reliant on trade with the EU. You can't just leave, piss off the EU and then expect to establish a reasonable trade relationship with them. Membership of countries is important to the EU, that's one of the reasons they pump billions into greece[/QUOTE] The EU exports more to the UK than the UK to EU. Do you really think they would want to damage their trade relationships? Member states would be scrambling to continue status quo in regards to trade in the even of a brexit.

[QUOTE=Jame's;48039364]The EU exports more to the UK than the UK to EU. Do you really think they would want to damage their trade relationships? Member states would be scrambling to continue status quo in regards to trade in the even of a brexit.[/QUOTE] That doesnt really matter, Britain would likely suffer more as the EU is several countries who export to Great Britain but Britain is one country.

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