In the light of a cold winter’s day

“The Treasury’s analysis shows that the UK would be permanently poorer if it left the EU”

antarctic-1

Analysis of the long-term economic impact of EU membership and the alternatives has been published by the Treasury.

Details

This document assesses continued UK membership of the EU against the three existing alternative models:

  • membership of the European Economic Area (EEA), like Norway
  • a negotiated bilateral agreement, such as that between the EU and Switzerland, Turkey or Canada
  • World Trade Organisation (WTO) membership without any form of specific agreement with the EU, like Russia or Brazil

The Treasury’s analysis shows that the UK would be permanently poorer if it left the EU and adopted any of these models. Productivity and GDP per person would be lower in all these alternative scenarios, as the costs would substantially outweigh any potential benefit of leaving the EU. The analysis finds that the annual loss of GDP per household under the three alternatives after 15 years would be:

  • £2,600 in the case of EEA membership
  • £4,300 in the case of a negotiated bilateral agreement
  • £5,200 in the case of WTO membership

The negative impact on GDP would also result in substantially weaker tax receipts, significantly outweighing any potential gain from reduced financial contributions to the EU. After 15 years, even with savings from reduced contributions to the EU, receipts would be £20 billion a year lower in the central estimate of the EEA, £36 billion a year lower for the negotiated bilateral agreement and £45 billion a year lower for the WTO alternative.

Extract from GOV.UK website

Vasily_Vereshchagin_(Russian,_1842-1904)._The_Road_of_the_War_Prisoners,_1878-1879
Vasily Vereshchagin The Road of the War Prisoners, 1878-1879.
Oil on canvas,
Brooklyn Museum. Image source: Wikipedia

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On Christmas Day in the Morning

cat in winter
Christmas Comet Photo © MHP 2017

Arcane Bully

The Special Meaning of Being Whipped in the British Parliament

The Conservative Party enforcers put the screws on elected representatives known to be in support of the Repeal Bill that begins the unravelling of the UK’s laws from EU legislation.

The parliamentary party Whips are euphemistically described as “team managers”, which must explain the reluctance of this blogger to be a member of anything.

During the current fight to Britain’s death, aka Brexit, the ruling party Whips reduced “a female MP to tears”. That’s how it’s reported in all the press, from blue to pink to red. Not “reduced an MP to tears” but a “female” MP.

#MeToo?
Don’t take me there, the trampled shrine where the true victims lie speechless and forgotten.

“Calm down, dear?”
Artemesia corrected you years ago.

judithgentileschijpgArtemisia Gentileschi Judith Beheading Holofernes 1611-12 Oil on canvas Museo Nazionale di Capodimonte, Naples. Image source: WGA

DON’T WHIP ME AGAIN

Mother or Dictator?

“ENGLAND IS THE MOTHER OF PARLIAMENTS”
John Bright, 1865

farcePANTO SEASON
It has often been observed that a government’s ceremonial grows more ridiculous in relation to its despotism. In England it’s the other way round: at last we have a tyranny that befits the fancy dress and rituals.

“Conservative rebels have been threatened with legal action if they make false public comments about the activities of the government’s whips in the run-up to Wednesday night’s crunch vote in parliament, the Guardian understands.”

Elected Representative Whipped into Tears: Bullying and Harassment in British Parliament

Single Trading Nation at Sea

“The tectonic plates of the world economy are shifting. With an independent trade policy, Britain can put itself in a strong position to benefit, opening up access to fast-growing markets across the world.” Liam Fox, in The Financial Times, 11 November, 2017

Ships_at_Spithead_1797The imperial British vision of free trading Ships at Spithead 1797
Image source: Wikipedia

Our biggest gift to the world

Global warming will exceed 4C by the end of this century The Independent

“There can now be little doubt: this will be the last century of civilisation in any form we currently recognise.”
Christopher Oxford

Shame on all of humanity

MAN-MADE CLIMATE CHANGE IS RESPONSIBLE FOR STARVATION OF POLAR BEARS IN THE ARCTIC,
FILMED BY CONSERVATION GROUP
IN “SOUL-CRUSHING” VIDEO (The Guardian)

Our species is accountable. Our burden of guilt is immeasurable.
Instead of wallowing in our own sentiment over animated polar bears in cute Christmas ads, we should be saving real animals from our wanton destruction of the planet we share with them.

I never wonder to see men wicked,
but I often wonder to see them not ashamed.
(Jonathan Swift)