ChatterBank0 min ago
The Five Laws Of Stupidity
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This answers the question of why the majority of voters voted for Brexit.
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Mr Cippola neglected to mention the sixth law of stupidity:
"Many stupid people seem singularly unable to grasp the concept that others may have different beliefs and hold different opinions to their own. So ingrained is this deficiency that often their only way to deal with their frustration is to call those people with whom they disagree, er...'stupid' "
I voted remain, but the fundamental differences between you and me Hymie is that I respect democracy and can accept that people have a different opinion to me. Those who have a different opinion to me are not necessarily stupid, as you persist on calling those who voted out, just as much as I'm not stupid for voting remain.
You have a very childlike view of the world, a view that is formed from YouTube videos, because, I strongly suspect, you do not have the intellectual capability of forming your own view.
Frankly, you're an embarrassment to those of us who voted to remain.
I think the Labour government is going to have to explain what an absolute disaster Brexit is for the UK in words of no more than one syllable – and just maybe, those promised the sunlit uplands, cheaper food, cheaper clothing, cheaper foot-ware (from day one) might understand that they go none of what they voted for.
Some people think that there is a possibility of the Labour government taking us back into the EU, especially during a second term – but don’t fret, this won’t happen.
One of the EU joining criteria is that the country’s ratio of debt to GDP must be <60% of GDP – with our current debt to GDP running at over 100% there is no chance of meeting this criteria for at least a decade.
"...that they go none of what they voted for."
I got exactly what I voted for, nothing more, nothing less - the UK is no longer of member of the EU,
"...cheaper food, cheaper clothing, cheaper foot-ware (from day one)"
I don't recall anybody promising that (mind you, I wasn't listening too closely, if at all). But frankly, anybody believing any politician when they promise anything cheaper in any circumstances is deluded.
"One of the EU joining criteria is that the country’s ratio of debt to GDP must be <60% of GDP – with our current debt to GDP running at over 100% there is no chance of meeting this criteria for at least a decade."
I shouldn't let that worry you too much if you want to see your ambitions of the UK back in the EU realised sooner rather than later. Currently 13 of the 27 EU nations have a GDP:debt ratio of greater than 60%. Six of them (including France, Italy, Spain and Belgium) have a ratio greater than that of the UK. Even the EU's so-called "industrial powerhouse" - Germany - runs a debt ratio of 68%.
The joining criteria (and indeed the continued membership rules) have always been seen as somewhat moveable feasts. Greece joined the EU in 1988 with a GDP:debt ratio of over 120%. It was unable to join the euro at its launch in 1999 because it did not meet the criteria (inflation below 1.5 percent, a budget deficit below 3 percent, and a debt-to-GDP ratio below 60 percent). However, it was admitted to the eurozone two years later when U.S. investment bank Goldman Sachs helped it conceal part of its debt through complex credit-swap transactions. The EU, of course, being neither diligent nor too transparent with its own finances, did not check too closely. Since then Greece it has been subject to four EU bailouts totalling around 700bn euros. In the meantime it managed to host the Olympic Games in 2004 and, despite its debt:GDP ratio standing at around 170%, its income tax receipts take on the form of a church collection plate. Income tax receipts in Greece (as a percentage of GDP) are the lowest in the EU at 4.7% (cf. the UK at 10%).
The UK’s debt currently stands at £2,300bn. One thing is for sure –. to reduce that to 60% of GDP will require debt repayments of almost £1,000bn (ignoring inflation). The chances of this country (a) balancing its budget so that debt does not increase and (b) making repayments of £100bn pa for ten years are nil.
But I would not worry that a debt ratio of around 100% would prevent the EU from re-admitting the UK if it was so inclined. But there may be other reasons why they might not want another session with Perfidious Albion back in their fold – and indeed many others why the UK may not fancy another 50 years of entrapment.
TORATORATORA, "as the judge says, it is the height of stupidity to assume those with another view are stupid. You get 10/10 on that scale Hymie."
Given the fact you repeatedly refer to a specific person on here as being a, "village idiot" or use variations on that theme, you're in no position to criticize anyone.
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