Reply to: Brexit DOOM™: Bloodbath in the City

[shaunbhoy]

saying "in real terms" is pure fantasy.

NLYUK's specialist subject.

[AtW]

http://www.ezonomics.com/whatis/real_terms/

Inflation can be different, so there are different realities, therefore saying "in real terms" is pure fantasy.

[northernladyuk]

But what's real?

http://www.ezonomics.com/whatis/real_terms/

[shaunbhoy]

But what's real?

Brexit

HTH

[AtW]

Agreed. That would be a pay cut in real terms.

But what's real?

[northernladyuk]

A paycut is a paycut, it's not the same as salary not increasing in line with inflation.

Agreed. That would be a pay cut in real terms.

[AtW]

This is beginning to remind of that novel "1984"....Well lets just say they're going to be poorer

A paycut is a paycut, it's not the same as salary not increasing in line with inflation.

[BlasterBates]

It's not a pay cut, their pay will increase.

This is beginning to remind of that novel "1984"....

Well lets just say they're going to be poorer

[northernladyuk]

It's a pay raise of 1%

Only in mickey mouse currency terms.

[_V_]

NHS staff all receive a pay cut

not exactly a good start is it...

It's not a pay cut, their pay will increase.

[AtW]

But But on the side of bus it said 350 Million per week would go to the NHS???????

Could, not would. And it definitely won't.

[AtW]

NHS staff all receive a pay cut not exactly a good start is it...

It's a pay raise of 1%

[northernladyuk]

But But on the side of bus it said 350 Million per week would go to the NHS???????

If you remember, there was never £350 million per week going to the EU in the first place.

http://fullfact.org/europe/our-eu-me...ee-55-million/

The UK's EU membership fee

The UK pays more into the EU budget than it gets back.

In 2016 the UK government paid £13.1 billion to the EU budget, and EU spending on the UK was forecast to be £4.5 billion. So the UK’s ‘net contribution’ was estimated at about £8.6 billion.

Each year the UK gets an instant discount on its contributions to the EU—the ‘rebate’—worth almost £4 billion last year. Without it the UK would have been liable for £17 billion in contributions.

Still, more fool the idiots who believed Jacob Rees Mogg and his nanny were enemies of the Establishment.

[BlasterBates]

However it's not all doom and gloom. Everyone paid in Euros got a massive pay rise...

[Eirikur]

NHS staff all receive a pay cut

not exactly a good start is it...

But But on the side of bus it said 350 Million per week would go to the NHS???????