[QUOTE=Sheer Visor;52318104]maybe late, but anyway a uk citizen living abroad can vote?[/QUOTE]
If you are out the country for a short time (like if you are on a year abroad or something), then you could have registered as an overseas voter and asked for a postal vote or a proxy vote. Unfortunately you needed to have registered back in May for one of them.
If you are a permanent expat and haven't registered as an overseas voter, then you don't get a vote.
(I used a proxy vote whilst on my year abroad in Denmark in 2015 General Election)
[QUOTE=Crumpet;52318138][media]https://twitter.com/itvnews/status/872017947585380352[/media]
lmao[/QUOTE]
I thought cutting police funding was naughtier than running through fields of wheat
[QUOTE=Shadow801;52318111]I was there, top right corner somewhere. It was amazing. What you can't see here is the 5,000 people in the car park just past this picture.
Richard Burgon posted a video
[url]https://twitter.com/RichardBurgon/status/871786718369906690[/url][/QUOTE]
What a great video, really captures what seems like an absolutely bloody good time. I can really feel the positive atmosphere and energy.
Wish I'd gone to this, been to a few labour rallies but this one was really close to home for me and so close to the election as well. They even had the guys from Pop Recs doing the music before Corbs came out. I was literally in town at the time, but I heard about the rally at the last minute and already had tickets to see Wonder Woman. Going to see Jezza would have been such a better use of my time.
Live and learn I guess.
Thought this attempted zinger reply getting shot down was worth posting as well:
[img]http://i.imgur.com/3SGSZ1k.png[/img]
[img]http://i.imgur.com/ZU52WDO.png[/img]
One thing is confusing me about Labour's economic plans. I've seen people of Facebook (specifically on Another Angry Voice) arguing that businesses won't leave the UK under increases in corporate tax. People also insisted that businesses in countries with higher corporate tax had stayed put instead of relocating. So, I have to ask, does this blow a hole in the notion that businesses will relocate when we leave the EU? If not, then how will that impact Labour's plan to raise money from corporate taxes?
[QUOTE=David29;52318310]One thing is confusing me about Labour's economic plans. I've seen people of Facebook (specifically on Another Angry Voice) arguing that businesses won't leave the UK under increases in corporate tax. People also insisted that businesses in countries with higher corporate tax had stayed put instead of relocating. So, I have to ask, does this blow a hole in the notion that businesses will relocate when we leave the EU? If not, then how will that impact Labour's plan to raise money from corporate taxes?[/QUOTE]
Different ball game, companies aren't leaving because of corporation tax, they're leaving because of market access, uncertainty and tarrifs.
[QUOTE=Shadow801;52318337]Different ball game, companies aren't leaving because of corporation tax, they're leaving because of market access, uncertainty and tarrifs.[/QUOTE]
But then surely Labour is:
a. Trying to fund its manifesto based on taxing people who are believed to be leaving?
b. Increasing the number of businesses who are leaving because it makes the UK even less desirable (and exacerbating point a)?
c. Putting immense pressure on businesses that do stay as they have to deal with Brexit [i]and[/i] increased taxes?
If you haven't actually heard the Gateshead speech itself.
[media]https://twitter.com/chunkymark/status/871951293396508672[/media]
[QUOTE=David29;52318310]One thing is confusing me about Labour's economic plans. I've seen people of Facebook (specifically on Another Angry Voice) arguing that businesses won't leave the UK under increases in corporate tax. People also insisted that businesses in countries with higher corporate tax had stayed put instead of relocating. So, I have to ask, does this blow a hole in the notion that businesses will relocate when we leave the EU? If not, then how will that impact Labour's plan to raise money from corporate taxes?[/QUOTE]
Tariff free market access is the biggest issue that businesses exporting to and importing from the EU will want, and it's what Labour's manifesto puts the most emphasis on achieving with respect to talks with the EU. Leaving the EU I feel will have hurt our prospect for future foreign investment, but assuming we can retain tariff-free market access I don't see a mass exodus of business as likely.
May's and the Conservative's plans to lower corporation tax imply an assumption that they won't be getting tariff-free access in the negotiations and are attempting to offset that in attracting foreign investment through lower taxes and subsidies. It's a crude solution, but it should also work.
Labour's plan for securing future foreign investment seems to be longer term, a huge stimulus package which will present companies in the years to come with a more educated and skilled workforce and a better national infrastructure. It's much more initially expensive and will yield results over a longer term, but the nation itself will likely be better off for it rather than just the businesses benefiting.
In terms of attracting new business and retaining those which are already here, both methods from both parties seem viable. It's just about which one you prefer and think is better. I'm not an economist and don't pretend to be an expert, but those are my thoughts on what I've seen from the parties and their implications.
[QUOTE=Grizz;52318377]If you haven't actually heard the Gateshead speech itself.
[media]https://twitter.com/chunkymark/status/871951293396508672[/media][/QUOTE]
Still don't get people who think he's a poor speaker.
[QUOTE=RVFHarrier;52318399]Tariff free market access is the biggest issue that businesses exporting to and importing from the EU will want, and it's what Labour's manifesto puts the most emphasis on achieving with respect to talks with the EU. Leaving the EU I feel will have hurt our prospect for future foreign investment, but assuming we can retain tariff-free market access I don't see a mass exodus of business as likely.
May's and the Conservative's plans to lower corporation tax imply an assumption that they won't be getting tariff-free access in the negotiations and are attempting to offset that in attracting foreign investment through lower taxes and subsidies. It's a crude solution, but it should also work.
Labour's plan for securing future foreign investment seems to be longer term, a huge stimulus package which will present companies in the years to come with a more educated and skilled workforce and a better national infrastructure. It's much more initially expensive and will yield results over a longer term, but the nation itself will likely be better off for it rather than just the businesses benefiting.
In terms of attracting new business and retaining those which are already here, both methods from both parties seem viable. It's just about which one you prefer and think is better. I'm not an economist and don't pretend to be an expert, but those are my thoughts on what I've seen from the parties and their implications.[/QUOTE]
My biggest fear about Labour's is that their plan to put the squeeze on big corporations, at a time when they are already a bit nervous about the way the UK is heading, is too much of a gamble.
The Conservatives plan to continue saving money has merit in that if we can wipe the defecit and start reducing our debt then we won't be wasting money on interest. But I do agree that the cuts are too deep and I don't like all of their policies.
[QUOTE=Crumpet;52318404]Still don't get people who think he's a poor speaker.[/QUOTE]
But where are the alliterative 3 word soundbites??
[QUOTE=David29;52318423]My biggest fear about Labour's is that their plan to put the squeeze on big corporations, at a time when they are already a bit nervous about the way the UK is heading, is too much of a gamble.
The Conservatives plan to continue saving money has merit in that if we can wipe the defecit and start reducing our debt then we won't be wasting money on interest. But I do agree that the cuts are too deep and I don't like all of their policies.[/QUOTE]
There are several ways to reduce your debt. You can shrink your debt nominally by balancing the budget and paying back your creditors while ceasing to borrow, or you can shrink your debt relative to your GDP by outpacing your rate of borrowing through economic growth.
The deficit after the financial crisis of 2008 was absolutely unsustainable and it did need reducing, however, there's no need to ever [i]actually[/i] balance the budget to lower your debt. Especially given that en economic slowdown post-brexit is likely, a boost now may be needed to keep it going.
As for putting the squeeze on corporations, I think securing tariff-free market access alleviates the worst of the fears businesses had after the vote. It is dependent on the EU not imposing anything punitive, but on that front I think Labour are far more likely to succeed than the Conservatives.
[QUOTE=David29;52318423]The Conservatives plan to continue saving money has merit in that if we can wipe the defecit and start reducing our debt then we won't be wasting money on interest. But I do agree that the cuts are too deep and I don't like all of their policies.[/QUOTE]
Wiping your deficit will kill your economy.
And it's physically not possible when you still have a modicum of counter-stabilisers like welfare.
There's no such thing as "wasting money on interest" for the UK central government. It's not a company
[QUOTE=Goberfish;52318458]Wiping your deficit will kill your economy.[/QUOTE]
no it won't don't talk bollocks
there's been plenty of times in british history where we didn't have a deficit but the economy grew
[QUOTE=Goberfish;52318458]Wiping your deficit will kill your economy.
And it's physically not possible when you still have a modicum of counter-stabilisers like welfare.
There's no such thing as "wasting money on interest" for the UK central government. It's not a company[/QUOTE]
Ok, fair enough. I do not claim to necessarily be an economic expert and I wasn't fully supporting the Conservative economical method. However, I stick by my points about Labour.
Out of interest, how would not having a defecit kill the economy?
[QUOTE=Sobotnik;52318475]no it won't don't talk bollocks
there's been plenty of times in british history where we didn't have a deficit but the economy grew[/QUOTE]
Oh yes sure, you're in a demand slump and your private sector is already leveraged to all heck at around 230% to GDP so you can't exactly rely on money supply growth backed by private debt to save you if central government's budget position turns positive. I'm sure it'd be just like those times in British history where you didn't have a deficit and the economy grew
[editline]6th June 2017[/editline]
[QUOTE=David29;52318485]Out of interest, how would not having a defecit kill the economy?[/QUOTE]
Because your private sector is already under loads of debt. There is only so much you can push it before your economy depresses or enters a slump.
[QUOTE=Goberfish;52318490]Oh yes sure, you're in a demand slump and your private sector is already leveraged to all heck at around 230% to GDP so you can't exactly rely on money supply growth backed by private debt to save you if central government's budget position turns positive. I'm sure it'd be just like those times in British history where you didn't have a deficit and the economy grew
[editline]6th June 2017[/editline]
Because your private sector is already under loads of debt. There is only so much you can push it before your economy depresses or enters a slump.[/QUOTE]
I'm not sure I follow. How does it tie in with the private sector? I was under the impression that wiping the defecit was simply eliminating the need to borrow money to pay off debt interest (thus adding even more to the debt)?
[QUOTE=David29;52318504]I'm not sure I follow. How does it tie in with the private sector?[/QUOTE]
A deficit isn't throwing money into a furnace or something. A central government deficit adds to the financial assets of the private sector.
The UK is a net importer and unless you've found a whole lot of oil recently that's not going to change.
So the budget position of your central government ties very much into the private sector as you are running a current account deficit (pounds are going overseas.)
All deficits and surpluses in a system have to equal zero. This is a basic flow of funds question.
If the foreign sector is running a surplus, mathematically someone domestically has to be running a deficit to feed their surplus. If the central government's budget position is at balance or at surplus then the only thing that can result is a domestic private sector deficit.
[QUOTE] I was under the impression that wiping the defecit was simply eliminating the need to borrow money to pay off debt interest (thus adding even more to the debt)?[/QUOTE]
Issuing debt is used to control the cash rate.
Also keep in mind that all financial liabilities have a corresponding financial asset. If you remove debt, what asset are you removing as well?
Corbyn's coming over to the hellhole known as Telford today, gonna head over and see it for myself. It'll be interesting, given how right-wing this place is.
[QUOTE=Crumpet;52318404]Still don't get people who think he's a poor speaker.[/QUOTE]
Nobody gets to hear him speak because the BBC would rather show us May speaking to six people in an aircraft hanger.
[QUOTE=Grizz;52318723]Nobody gets to hear him speak because the BBC would rather show us May speaking to six people in an aircraft hanger.[/QUOTE]
Mind you I was at that debate and his charisma (or lack of) is much more obvious live. However as he gets more and more pumped up it and he gets momentum he becomes very charismatic. It's why when he lost his momentum in the Question Time special he did so badly.
As much as I don't believe Labour will win, I'm hoping that at the very minimum that the Tories will lose a few seats. Since this election was just a power grab by May.
My area is Labour, I'm going to vote before work in the morning. It will be my first time ever voting in an election.
[QUOTE=Dominic0904;52318792]As much as I don't believe Labour will win, I'm hoping that at the very minimum that the Tories will lose a few seats. Since this election was just a power grab by May.
My area is Labour, I'm going to vote before work in the morning. It will be my first time ever voting in an election.[/QUOTE]
Yeah, we just need to do as much damage as possible.
[QUOTE=Shadow801;52318838]Yeah, we just need to do as much damage as possible.[/QUOTE]
If tories don't get majority then they'll have to shack up with libdems, labour or snp. It would be a coalition...
of chaos
[QUOTE=mdeceiver79;52318921]If tories don't get majority then they'll have to shack up with libdems, labour or snp. It would be a coalition...
of chaos[/QUOTE]
No other party would dare touch them, if we get a hung parliament it will be a Labour government.
[QUOTE=Shadow801;52318945]No other party would dare touch them, if we get a hung parliament it will be a Labour government.[/QUOTE]
Not necessarily, Lib Dems have explicitly ruled out entering into a coalition with any party. If Lib Dems end up taking seats off of the Conservatives, who themselves make no gains, but Labour doesn't then there might simply have to be a Conservative minority government. Strong and stable!
Sorry, you need to Log In to post a reply to this thread.
