Test appetite for Irish Unity in Census 2021

[dec]

It all boils down to money. If its gonna cost people thousands for a utd ire then it wont be voted in.

There would also be synergies
There are less with the UK
There is a lot of duplication between NI and the South
If there was a programme to identify best practice between the 2 things would also improve.
The pension funds do nothing with their money.

Synergies and best practices!

Are you a management consultant?

[armaghniac]

Brexit is a mess. But as a driver of UI it's a red herring

Not so, the undermining of the whole 1998 settlement and the NI economy is very definitely influential.

I agree. The UK is close to bankruptcy. The deficit is the difference between govt income and spending.  It is €1.7 Trillion pounds now. A no deal Brexit could be the end.
Unionists are in a very difficult situation.

Do you just pull figures out of the sky?

What is the true figure?

Between spending and revenue it is certainly not 1.7 Trillion but seafood loves the fake news, any post for him is a good post to rack up his posting count, nearly all of his posts are bullshit, cut and pasted from some web site or other.

You're right. Seafoid had approximately the right number, but the wrong label.

The deficit (i.e. spending vs. income, as represented by borrowing) for the 12 months to March was £42.6 Billion.

The national debt is £1.79 Trillion.

Add to this that the UK's current account deficit was £16.9 billion in Quarter 1 deficit, so the whole economy is living beyond its means. Ireland has a current account surplus of €14 billion.

[seafoid]

Brexit is a mess. But as a driver of UI it's a red herring

Not so, the undermining of the whole 1998 settlement and the NI economy is very definitely influential.

I agree. The UK is close to bankruptcy. The deficit is the difference between govt income and spending.  It is €1.7 Trillion pounds now. A no deal Brexit could be the end.
Unionists are in a very difficult situation.

Do you just pull figures out of the sky?

What is the true figure?

Between spending and revenue it is certainly not 1.7 Trillion but seafood loves the fake news, any post for him is a good post to rack up his posting count, nearly all of his posts are bullshit, cut and pasted from some web site or other.

You're right. Seafoid had approximately the right number, but the wrong label.

The deficit (i.e. spending vs. income, as represented by borrowing) for the 12 months to March was £42.6 Billion.

The national debt is £1.79 Trillion.

Add to this that the UK's current account deficit was £16.9 billion in Quarter 1 deficit, so the whole economy is living beyond its means. Ireland has a current account surplus of €14 billion.

And it's going to come to a point where nobody will lend to them.

But just focusing on one metric may obscure the bigger picture.. The UK has very poor velocity of money which means that the money is not getting to the people. A lot of new jobs are low wage . Retail sales are very weak. They all feed into the deficits.

The UK is in a structural crisis.
And Brexit is not the answer.

[Owen Brannigan]

Brexit is a mess. But as a driver of UI it's a red herring

Not so, the undermining of the whole 1998 settlement and the NI economy is very definitely influential.

I agree. The UK is close to bankruptcy. The deficit is the difference between govt income and spending.  It is €1.7 Trillion pounds now. A no deal Brexit could be the end.
Unionists are in a very difficult situation.

Do you just pull figures out of the sky?

What is the true figure?

Between spending and revenue it is certainly not 1.7 Trillion but seafood loves the fake news, any post for him is a good post to rack up his posting count, nearly all of his posts are bullshit, cut and pasted from some web site or other.

In the last quarter the UK government broke even in terms of income and expenditure. So the current deficit has been brought under control and is zero.

However, the UK government debt is now around £1.7 trillion.

The debt is partly due to bailing out the banks and the remainder is running a government in most years in deficit between income and expenditure.

[seafoid]

Brexit is a mess. But as a driver of UI it's a red herring

Not so, the undermining of the whole 1998 settlement and the NI economy is very definitely influential.

I agree. The UK is close to bankruptcy. The deficit is the difference between govt income and spending.  It is €1.7 Trillion pounds now. A no deal Brexit could be the end.
Unionists are in a very difficult situation.

Do you just pull figures out of the sky?

What is the true figure?

Between spending and revenue it is certainly not 1.7 Trillion but seafood loves the fake news, any post for him is a good post to rack up his posting count, nearly all of his posts are bullshit, cut and pasted from some web site or other.

In the last quarter the UK government broke even in terms of income and expenditure. So the current deficit has been brought under control and is zero.

However, the UK government debt is now around £1.7 trillion.

The debt is partly due to bailing out the banks and the remainder is running a government in most years in deficit between income and expenditure.

GDP growth in Q1 was 0.1%
The UK needs growth to repay the debt.
Tax receipt growth is related to pay rises. These are a function of investment.

Real wages in the UK are still 6.5% below where they were in February 2008. They are the same as they were two years ago

Look at investment. 
Cutting Govt spending is no.panacea either.
Demand is not being supported. The UK will probably default

[LCohen]

Seafoid,

Have you any analysis on the prospects for the Irish economy post brexit? Or it's prospects if 1 or more of the foreign companies it relied upon started reporting its taxable profits elsewhere? Or it's prospects if both happened?

Can you name a less balanced western economy than RoI?

And as this is a UI debate have you any analysis that points to RoI being able to afford a UI as it currently stands and then sensitised said analysis in the light of the 2 risk factors I have outlined?

More importantly has anybody else who proposes a UI carried out this analysis and prepared to publish it?

[armaghniac]

Or it's prospects if 1 or more of the foreign companies it relied upon started reporting its taxable profits elsewhere?

Far be it from me to speak for Seafoid, but given the modest amount of tax these companies pay their reporting their profit elsewhere might make a big difference on the headline GDP but make little enough difference to anything of any importance.

[LCohen]

Or it's prospects if 1 or more of the foreign companies it relied upon started reporting its taxable profits elsewhere?

Far be it from me to speak for Seafoid, but given the modest amount of tax these companies pay their reporting their profit elsewhere might make a big difference on the headline GDP but make little enough difference to anything of any importance.

The 40% of the Corporation Tax that comes from just 10 companies might strike you as modest but I wager few would agree

[seafoid]

Seafoid,

Have you any analysis on the prospects for the Irish economy post brexit? Or it's prospects if 1 or more of the foreign companies it relied upon started reporting its taxable profits elsewhere? Or it's prospects if both happened?

Can you name a less balanced western economy than RoI?

And as this is a UI debate have you any analysis that points to RoI being able to afford a UI as it currently stands and then sensitised said analysis in the light of the 2 risk factors I have outlined?

More importantly has anybody else who proposes a UI carried out this analysis and prepared to publish it?

As things stand LCohen  the economy will blow up when the US does.
A lot of companies are going to go to the wall.
The groupthink is nuts.
Assuming the money in the financial orgs could be saved and the economic system changed to focus on demand Ireland would have seveal advantages such as age profile, level of education, productivity.
The key thing is to hoard capital now before all hell breaks loose.

I am working on a  few things in this regard. I think the pension funds are key. NI needs massive investment and the funds do nothing with their money.

[LCohen]

Seafoid,

Have you any analysis on the prospects for the Irish economy post brexit? Or it's prospects if 1 or more of the foreign companies it relied upon started reporting its taxable profits elsewhere? Or it's prospects if both happened?

Can you name a less balanced western economy than RoI?

And as this is a UI debate have you any analysis that points to RoI being able to afford a UI as it currently stands and then sensitised said analysis in the light of the 2 risk factors I have outlined?

More importantly has anybody else who proposes a UI carried out this analysis and prepared to publish it?

As things stand LCohen  the economy will blow up when the US does.
A lot of companies are going to go to the wall.
The groupthink is nuts.
Assuming the money in the financial orgs could be saved and the economic system changed to focus on demand Ireland would have seveal advantages such as age profile, level of education, productivity.
The key thing is to hoard capital now before all hell breaks loose.

I am working on a  few things in this regard. I think the pension funds are key. NI needs massive investment and the funds do nothing with their money.

So you have nothing that suggests that RoI could afford a UI?

[seafoid]

Seafoid,

Have you any analysis on the prospects for the Irish economy post brexit? Or it's prospects if 1 or more of the foreign companies it relied upon started reporting its taxable profits elsewhere? Or it's prospects if both happened?

Can you name a less balanced western economy than RoI?

And as this is a UI debate have you any analysis that points to RoI being able to afford a UI as it currently stands and then sensitised said analysis in the light of the 2 risk factors I have outlined?

More importantly has anybody else who proposes a UI carried out this analysis and prepared to publish it?

As things stand LCohen  the economy will blow up when the US does.
A lot of companies are going to go to the wall.
The groupthink is nuts.
Assuming the money in the financial orgs could be saved and the economic system changed to focus on demand Ireland would have seveal advantages such as age profile, level of education, productivity.
The key thing is to hoard capital now before all hell breaks loose.

I am working on a  few things in this regard. I think the pension funds are key. NI needs massive investment and the funds do nothing with their money.

So you have nothing that suggests that RoI could afford a UI?

Can RoI generate another £9bn pa?
Can the £9bn be reduced via productivity improvements?

Yes and yes but not under this system

[Rossfan]

When are the lazy whiny whingy Nordies going to get off their lazy fat arses and do some work and generate some GDP for themselves?
Their biggest political party is actively pursuing a policy that will reduce their bit of an economy by 10 or 15%.
Their 2nd biggest party are going around chanting Border Poll Border Poll non stop.
Yet when Irish unity is suggested Unionists and Nationalists alike come out with -can you lot afford to give us loads of free money?

Time to start growing up lads and lassies - Scottish oil or 26 Co taxpayers don't owe ye lot a living.

Have a nice day now😀

[Owen Brannigan]

Brexit is a mess. But as a driver of UI it's a red herring

Not so, the undermining of the whole 1998 settlement and the NI economy is very definitely influential.

I agree. The UK is close to bankruptcy. The deficit is the difference between govt income and spending.  It is €1.7 Trillion pounds now. A no deal Brexit could be the end.
Unionists are in a very difficult situation.

Do you just pull figures out of the sky?

What is the true figure?

Between spending and revenue it is certainly not 1.7 Trillion but seafood loves the fake news, any post for him is a good post to rack up his posting count, nearly all of his posts are bullshit, cut and pasted from some web site or other.

In the last quarter the UK government broke even in terms of income and expenditure. So the current deficit has been brought under control and is zero.

However, the UK government debt is now around £1.7 trillion.

The debt is partly due to bailing out the banks and the remainder is running a government in most years in deficit between income and expenditure.

GDP growth in Q1 was 0.1%
The UK needs growth to repay the debt.
Tax receipt growth is related to pay rises. These are a function of investment.

Real wages in the UK are still 6.5% below where they were in February 2008. They are the same as they were two years ago

Look at investment. 
Cutting Govt spending is no.panacea either.
Demand is not being supported. The UK will probably default

All very well but despite your great ability to spout economic data you made the simple mistake of not knowing the difference between recurrent deficit and national debt.

UK is debt ridden but the cuts in public spending have brought the quarterly deficit virtually to an end but it may fluctuate for another while depending on tax income. 

However, the cost of removing the deficit has been borne by the public while companies revel in greatly lowered corporate tax as a bribe to stay in low tax UK after Brexit.

[seafoid]

Brexit is a mess. But as a driver of UI it's a red herring

Not so, the undermining of the whole 1998 settlement and the NI economy is very definitely influential.

I agree. The UK is close to bankruptcy. The deficit is the difference between govt income and spending.  It is €1.7 Trillion pounds now. A no deal Brexit could be the end.
Unionists are in a very difficult situation.

Do you just pull figures out of the sky?

What is the true figure?

Between spending and revenue it is certainly not 1.7 Trillion but seafood loves the fake news, any post for him is a good post to rack up his posting count, nearly all of his posts are bullshit, cut and pasted from some web site or other.

In the last quarter the UK government broke even in terms of income and expenditure. So the current deficit has been brought under control and is zero.

However, the UK government debt is now around £1.7 trillion.

The debt is partly due to bailing out the banks and the remainder is running a government in most years in deficit between income and expenditure.

GDP growth in Q1 was 0.1%
The UK needs growth to repay the debt.
Tax receipt growth is related to pay rises. These are a function of investment.

Real wages in the UK are still 6.5% below where they were in February 2008. They are the same as they were two years ago

Look at investment. 
Cutting Govt spending is no.panacea either.
Demand is not being supported. The UK will probably default

All very well but despite your great ability to spout economic data you made the simple mistake of not knowing the difference between recurrent deficit and national debt.

UK is debt ridden but the cuts in public spending have brought the quarterly deficit virtually to an end but it may fluctuate for another while depending on tax income. 

However, the cost of removing the deficit has been borne by the public while companies revel in greatly lowered corporate tax as a bribe to stay in low tax UK after Brexit.

It was a mistake. So what.
The UK economy is stagnant. It needs to GROW to pay of all the debt.
And the level of investment is atrocious

This is a structural crisis . There is no way back to equilibrium.

[LCohen]

Seafoid,

Have you any analysis on the prospects for the Irish economy post brexit? Or it's prospects if 1 or more of the foreign companies it relied upon started reporting its taxable profits elsewhere? Or it's prospects if both happened?

Can you name a less balanced western economy than RoI?

And as this is a UI debate have you any analysis that points to RoI being able to afford a UI as it currently stands and then sensitised said analysis in the light of the 2 risk factors I have outlined?

More importantly has anybody else who proposes a UI carried out this analysis and prepared to publish it?

As things stand LCohen  the economy will blow up when the US does.
A lot of companies are going to go to the wall.
The groupthink is nuts.
Assuming the money in the financial orgs could be saved and the economic system changed to focus on demand Ireland would have seveal advantages such as age profile, level of education, productivity.
The key thing is to hoard capital now before all hell breaks loose.

I am working on a  few things in this regard. I think the pension funds are key. NI needs massive investment and the funds do nothing with their money.

So you have nothing that suggests that RoI could afford a UI?

Can RoI generate another £9bn pa?
Can the £9bn be reduced via productivity improvements?

Yes and yes but not under this system

You do know that the real bill is substantially in excess of £9 bn?

But anyway, tell me how RoI could find £9bn p.a.?