On 11:17 12 Jul 2019, Incubus <
incubus...@gmail.com> wrote:
> On 2019-07-12, Pamela <
pamela....@gmail.com> wrote:
>> On 09:58 12 Jul 2019, Incubus <
incubus...@gmail.com> wrote:
>>
>>> On 2019-07-11, Pamela <
pamel...@gmail.com> wrote:
>>>> On 15:08 11 Jul 2019, Incubus <
incubus...@gmail.com> wrote:
>>>>
>>>>> "The certainty of a No Deal Brexit this year would be preferable
>>>>> to the
>>>>> current uncertainty of negotiations with no clear outcome dragging
>>>>> on."
>>>>>
>>>>> I wonder who would express such a sentiment. Obviously a frothing
>>>>> "Brextremist" who has no clue about trade in the real world.
>>>>> Someone who ignores economic experts in favour of a rose-tinted view
>>>>> of how our economy will perform on WTO tariffs.
>>>>>
>>>>> Oh, it was Aston Martin CEO Andy Palmer who expressed that.
>>>>
>>>> Is that the same Andy Palmer who secretly arranged for taxpayer's
>>>> money to bail out his company last year -- while propping up his £3m
>>>> salary?
>>>> The EU probably won't allow more of that caper, so he's all for
>>>> Brexit
>>>> where he can lean on a weak government with a weak leader.
>>>>
>>>> "Aston Martin's £19m from Welsh Government"
>>>>
https://www.bbc.co.uk/news/uk-wales-45737311
>>>
>>> Only £3.5m had been drawn at the time of writing. There are
>>> conditions attached for further sums. What makes you think that this
>>> is a result of "Brexit"?
>>
>> Whatever Aston Martin has received so far, it has scammed £19m out of
>> us taxpayers.
>
> It hasn't received £19m so certainly has not "scammed" that amount.
Aston Martin has scammed a promise that gives it £19 million which, on
account of its public unacceptability, was kept secret. For shame.
>> Where did I say it's a result of Brexit?.
You didn't say that but you claimed I said it. I didn't.
What makes you think that this is a result of "Brexit"?
>> I said a company which
>> enjoys generous govt subsidy can expect to be more successful in
>> getting even more money if the EU are off the scene.
>
> What do you base that on? It seems to me that the EU is all about
> subsidising industry.
The EU is about a great deal more than subsiding industry.
>>> Similar things occurred before the referendum. If we're
>>> playing tit for tat then just be grateful that Aston Martin wasn't
>>> moved to Poland with the help of an EU grant.
>>
>> What would be so wrong with that?
>
> You know, the loss of British jobs, tax revenue and all that. Nothing
> important to you, perhaps, but quite important to a successful economy
> and a functioning society.
If we can't compete on international markets without taxpayer subsidiy
then how do you think this will end? Subsidies create unsustainable
industries at public expense.
>> If the quality was maintained then the
>> company would continue to make fine cars and if they were still
>> designed in the UK than it's like Dyson who manufactures overseas. The
>> company would have to decide if it was worth the cars losing their
>> British cachet. I can't see why the UK should have to prop up a
>> commerical concern.
>
> Paying a certain amount in subsidies might mean avoiding paying out a
> lot more in JSA and other benefits on balance. Given future tax
> revenue, it might be seen as a form of investment.
Why refer to JSA when I referred to tax subsidies for workers?
>> If we wish to subsidise British workers, such as Aston martin car
>> workers, then let's do it openly through the income tax or tax credits
>> system, rather than favour the most influential groups at the cost of
>> those workers who can't lobby so effectively.
>
> I imagine it's the kind of thing that has to occur on a case by case
> basis, costed and accounted for. The EU have an open system of
> subsidies and it is a cause of friction.
The UK had an appalling track record of caving in to too company demands.
(Also union demands too.) The EU gave us some backbone and, in turn,
forced out industries to become more competitive which is an excellent
outcome for us.
>>>> Brexit is taking us back to the old days of government subsidy,
>>>> uncompetitive industries and overpaid workers. Bloomin' marvellous.
>>>
>>> We have all of those within the EU barring overpaid workers. Thanks
>>> to the EU, salaries are depressed.
>>
>> Workers become overpaid when they are paid above the market rate for
>> their labour. A subsidised indistry (or one with an aggressive union)
>> is by definition not able to operate on a purely commerical basis.
>
> I see what you're saying but I don't think it's as simple as that for
> reasons I have stated above. Again, if you are so against subsidies
> propping up industries, why aren't you in favour of getting rid of
> farming subsidies etc? When people claim that our farming industry will
> collapse if we leave the EU, you should be cheering that on.
I'm ambivalent about farming subsidies. Logic dictates they should go but
what would be cost of managing thouands of acres of derelict farms?