European elections 2014 your thoughts OMO

[Bibio]

people forget or dont realise that most of monies go back into the pot as people have to spend money to survive. for each £1 people spend the GOV will get back at a minimum 50% of that revenue in the way of VAT and DUTY on goods.

whats actually crippling this country is conflict. for every bullet fired its costing the public 100% of the price. if the UK withdrew all its troops and stayed out of other peoples business the UK would have a lot more money to spend on things better than killing people..

Originally Posted by Bibio

people forget or dont realise that most of monies go back into the pot as people have to spend money to survive. for each £1 people spend the GOV will get back at a minimum 50% of that revenue in the way of VAT and DUTY on goods.

whats actually crippling this country is conflict. for every bullet fired its costing the public 100% of the price. if the UK withdrew all its troops and stayed out of other peoples business the UK would have a lot more money to spend on things better than killing people..

The government gets money back on the bullets too.

there's two words that explain the only way a country can lose economic power.

Trade deficit.

[punyXpress]

" family benefits such as child tax credits, and child benefit at around £55m. "

Originally Posted by EssexDave

We spend roughly £720,000,000,000 a year. £137,000,000,000 is spent on Healthcare (after claiming back from other countries). We spend about £200,000,000,000 on benefits, of which around £2,000,000,000 is spent on EU nationals. Now, given the fact that if they are on benefits long term and we don't think they will be able to find a job, we can get rid of them.

I should add here, pensions make up roughly £100,000,000,000 of the total benefit spend, with family benefits such as child tax credits, and child benefit at around £55m. The next is housing benefit coming in at around £23,000,000,000 and unemployment at £4,900,000,000. The rest are others (all figures are rough guides and not supposed to add up to anything above!)

The EU doesn't have a free movement of persons for the fun of it, it provides for free movement of workers - people who are economically active.

That is the reason why you cannot claim benefits in your first three months of being in the UK. No way around it, you cannot do it.

Thanks Dave, Interesting post. I knew we spent a lot on pensions, and that it is rising, but had no idea it was such a big figure. Where did you get these numbers from?

I am not massively clued up on the EU, though my missus is much more knowledgeable.

One thing I would like to add around the trade side, and I hope I can articulate it properly, is that an economy, and therefore generally all individuals within that economy, will benefit from more internal trade via the multiplier effect, assuming taxes are not too high. By being part of the EU we have a potential market of 740 million, rather then 63 million, which will lead to more trade and more wealth generation.

Now if that money is amassed and earned mainly by the economic powerhouses eventually they will have fewer people to trade with, this I believe, is one of the effects that got Greece into trouble. Rich Greeks were buying German cars, causing money to flow from Greece to Germany, without the Greeks earning that much of it back. This meant that certainly for a period, that the German auto manufacturers, despite having a huge pile of cash, saw a dip in sales, as no-one had the money to buy their cars, because the manufacturers had the money.

However with the free movement of labour the stronger member economies will initially see a cash outflow (trade deficit) to the weaker member economies. This is a good thing, as in a few years they will be stronger and will have the money to pay for goods and services from the stronger economies, meaning more trade and higher multiplier effect for everybody.

[pegasus]

My personal opinion is as follows :

> The politicians are sales people, they are employed by TPTB. They are not chosen by the public, they are groomed for their positions years in advance.

> These sales people are given targets and goals, just like any other sales position. If targets are not achieved, then they are ousted. Ready for the next Puppet.

> War is used as an economic pendulum, because it costs the taxpayer, so therefore at the end of the month if targets have not been achieved then of to war we go.

These are only a few snippets of the useless rubbish that fills my mind, I can not prove any of it, nor do I have the notion to explain it in any further detail.

P

The most interesting thing I found out was the UK's second biggest industry was weapons and war technologies. (10% of GDP behind finance at 11% - at the end of 2012).

War costs us? - Perhaps not so much.

The figures were a combination from the Office of National Statistics and the Beeb

[Bibio]

so part of our second biggest revenue is from British companies supplying the British forces out of the taxpayers money with weapons to kill people. let alone the weapons we sell to the middle east so we can have a conflict and take them all back again.

ahhh dearest dave were you aware that all military weapons contracts to foreign countries are guaranteed by the government, so if india order 20 euro fighters at 20 million a piece and then turn round and say tell you want we don't actually want them now, the gov pays the builder for the full contract (and they don't even have to build them all they just stop at the point of cancelation

[Bibio]

that just goes to show what muppets we have running our country and weapons manufacture. if they had written the contract properly then thing like this would not happen but instead they hire inbred morons who dont have a fekin clue but wear the right tie.

Can I have the weapons the Indians don't want?