The EU debate - Part III

Yet it is Donald Trump and the 'right wingers' on here who use the phrase 'crooked Hilary'.

 

No pleasing some people. I guess if it had gone up a tenth more than the economists had predicted, rather than dropping a tenth on last months figures and two tenths better than the economists predicted, then you would have been all over it and the impending doom.
Me, I will see it for what it is, a good news story in a couple of weeks, where there has not been much to cheer about.
It's going to be a long road with plenty of ups and downs, so when a good news story does emerge I will embrace it.

 

are the left wingers hypocritical?

 

Not in my experience. Left wingers are often fighting for things which would enhance society but have a cost to themselves in my experience. Though there are a few idiots around of course (none on here). Right wingers are often trying to keep their own benefits from current inequalities. Some genuinely believe that this somehow improves the lot of all, but it is hard to see that amongst the self-interest.

 

I agree it is good news that it is taking longer for consumers to be hit by inflation, gives the public more time to adjust to higher prices and reduces the likelihood of damaging interest rate rises.

Problem is if you read the story rather than just the headline it says factory gate and raw materials rose by more than expected.

What we are seeing is retailers/ manufacturers taking the hit rather than pass on the full cost. As others have said, eventually that will feed through.

 

So why do left wingers seem to think that if you like somebody (say Clinton): innocent until proved guilty in court
but if they don't like somebody (say Bannon): guilty as soon as there is an accusation
So why should somebody like me, being 64, want us to leave the EU and accept short term uncertainty for the long term benefit of being better off outside the EU when I may be retired or even dead?

 

I give in. Why would you?

 

Because you're a bigoted ****

 

I explained the first bit a few pages back. It is perfectly fine to make judgements about people's character based on public evidence. It is never OK to label people as criminals unless they have been convicted.
The second point is dealt with by the word 'often' in my post. I have no idea why you think there is a 'long-term benefit' of leaving the EU as this seems contrary to all the evidence to me. But if you believe that then good for you for supporting it despite the short term issues.

 

I did read beyond the headline and also noticed that raw material costs are rising faster than anticipated. I also work in manufacturing, so am seeing the currency hit on this years P&L.
What I am also seeing, is strategies to offset those losses. I appreciate each company is approaching it in different ways, but the bottom line is still that inflation did not rise in October as expected.
But thanks for the patronising response!

 

It wasn't aimed at you and I didn't intend you to see it as 'you' personally.
I meant 'you' as in anyone who saw the headline and went no further.

Even agreeing with you appears to have upset you.

 

What more benefits for the lazy work shy

 

To be honest mate a miniscule fall in inflation doesn't even nearly compensate for the government raising NI contributions in April which meant millions of us saw our contributions rise by over £45 per month.
If they taxed big companies, multinationals and the Uber rich properly (by stopping all the tax avoidance schemes) then they would not have had to do that.
They have virtually given a premier league club (worth hundreds of millions) a brand new refurbished stadium. The club has paid £15m and will pay a further £2.5m per year. The club is guaranteed £100m prize money from the premier league this year alone.
That stadium could have been sold at a fair rate but no...they seem to think helping the already rich while taxing the mere mortals more is a better option. That's why a 0.1% drop in inflation for one month is nothing for millions of people to be happy about.

 

Embrace what? a 0.9% monthly increase in inflation? Let's get the flags out

The underlying inflation is there, it's a simple fact that our currency has tanked and due to our trade deficit that means inflation will rise, combined with the import of raw materials and the fact that oil is priced in dollars. The fact that the wave hasn't fully impacted on the consumer YET doesn't mean anyone with half an ounce of savvy can appreciate it's on it's way.

 

The same reason that the vast majority of your age group and older did I suppose....

Your contribution to this thread gives us an insight.....

 

So now I don't have an ounce of savvy?
We all know what's likely to happen, but thanks for pointing it out.
Personally, every month that is better than the predictions, is a win for me, but I guess that doesn't fit with your "doom and gloom" outlook and you're superior knowledge around all things "economy".

 

I would bother wasting your time with him, he is Mr Doom and Gloom, he makes Victor Meldrew look happy

 

No what I said at all. Unless you can't understand that inflation will increase due to the simple maths at play, then you'll have dropped yourself in that category yourself

 

Who's Victor Meldue?

Do you belong to a whites only caravan club btw?

 

Back from Germany lads.

The opinions of those I spoke to regarding Brexit were as follows:

- Both an Austrian and a Croat I spoke to both stated it had got people talking towards the idea of leaving and that the EU was not especially popular with many people.

- Spoke to a few Americans who all thought it was stupid us leaving - only to be trumped by Trump.

- Spoke to a Canadian who didn't know her arse from her elbow.

- The Germans were fairly uninterested instead focussing on their onw government which they are not particularly happy with.

It was certainly big news abroad though that is certain.