twoleftfeet 7:01 Tue Jul 13
Overseas budget cut.
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£10bn rather than £14bn.
Got it through by 36 votes.
Are we in favour or is this just reducing our credibility on the world stage?
What do real people think?
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Replies - Newest Posts First ( Show In Chronological Order)
ludo21
3:30 Wed Jul 14
Re: Overseas budget cut.
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Right... I've googled it so will answer my own question.
In 2020 we were the sixth highest contributor in terms of % of Gross National Income at 0.07% (behind Sweden, Norway, Luxembourg, Denmark and Germany).
Just guessing but I don't believe those five countries contribute that heavily into other areas. The Germans for example can't trust themselves so don't put much into NATO.
At our reduced rate of contribution (0.05%) we would still be the 9th highest contributor as % of GNI, and that assumes all others maintain their 2020 level, which I doubt. France for example contributed 0.53% in 2020.
The US contributes the most in absolute terms but only 0.17% of GNI.
I don't think we need to put on the hair shirt just yet.
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SurfaceAgentX2Zero
3:23 Wed Jul 14
Re: Overseas budget cut.
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Common (mostly) Law is not usually regarded as 'state aid'. let alone 'Foreign Aid'.
You will surely run out of straw soon.
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Mike Oxsaw
3:20 Wed Jul 14
Re: Overseas budget cut.
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Apparently, the EU has access to infinite amounts of cheap money that member states can borrow to give to other nations as part of their Foreign Aid budgets.
Since Brexit, we've not been able to borrow from - and then pay back to - that pot at those ridiculously low rates.
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BRANDED
3:18 Wed Jul 14
Re: Overseas budget cut.
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Its difficult to imagine a World where there is no government. Its true that traders found reasonable ways to trade between themselves and formed rules and regulations and ultimately clear philosophies but in the end they did it for themselves even if there needed to be two sides to a trade and always customers for their products and services. In the end you need a framework that gives benefit to all involved, if nothing else to stop the pitch fork maker from getting a big payday. There are several areas where business require that assistance. Dispute, debt, laws on IP and property rights.
I'm sure someone somewhere has done some analysis of foreign aid and the returns on it otherwise why do it? Particularly when you have loads of non tax payers moaning about it.
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ludo21
3:14 Wed Jul 14
Re: Overseas budget cut.
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How does our contribution compare with other G7 (8/9??) and EU countries?
I expect it compares pretty favourably even at the reduced level.
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SurfaceAgentX2Zero
2:51 Wed Jul 14
Re: Overseas budget cut.
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BRANDED 2:10 Wed Jul 14
'So.
No government assistance of business has ever once helped the poor?'
Have you been suckling at Cathy Newman's tit this morning?
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BRANDED
2:25 Wed Jul 14
Re: Overseas budget cut.
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Laws?
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Mike Oxsaw
2:22 Wed Jul 14
Re: Overseas budget cut.
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BRANDED 2:10 Wed Jul 14
Care to give examples of where it has?
Throwing billions of pounds at a foreign aid project just to get 3 people off the dole does not exactly constitute "help".
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BRANDED
2:10 Wed Jul 14
Re: Overseas budget cut.
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So.
No government assistance of business has ever once helped the poor?
Only businesses themselves do so?
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SurfaceAgentX2Zero
1:11 Wed Jul 14
Re: Overseas budget cut.
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Branded,
Your anecdotal story about your niece is entirely fallacious.
In your example, you are attempting to conflate a net transfer of wealth from rich to poor, something accepted in principle by almost every political party and human being in the Western world, with a net transfer of wealth from poor to rich, something almost nobody agrees with in principle.
She really should have called you a thick old fraud.
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Mike Oxsaw
1:10 Wed Jul 14
Re: Overseas budget cut.
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BRANDED 1:01 Wed Jul 14
Wrong.
Individuals in the government have used general taxpayers money to further the gains of commercial enterprises within which they, their family, friends or somebody the owe a favour has an interest.
Dressed up as "Government Intervention" to fool the more gullible in society.
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BRANDED
1:01 Wed Jul 14
Re: Overseas budget cut.
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Mike
I’m saying governments have ALWAYS supported commerce. Its how they generally end up getting votes if done well.
Its not even firework science
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BRANDED
12:59 Wed Jul 14
Re: Overseas budget cut.
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Go on then. Deal with the points. One by one. Forget me. Just deal with the actual facts if you can manage that.
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SurfaceAgentX2Zero
12:57 Wed Jul 14
Re: Overseas budget cut.
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Branded
More straw-manning and a dig at Thatcher in one post.
No wonder most on here would regard your claim to be one of the top percentile in intelligence as both deluded and hilarious.
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Fo the Communist
12:53 Wed Jul 14
Re: Overseas budget cut.
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Surf
I'm afraid I've always struggled to reconcile my instincts of socialism and pragmatism,.
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Mike Oxsaw
12:52 Wed Jul 14
Re: Overseas budget cut.
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BRANDED 12:40 Wed Jul 14
You started your dirge with "If". That implies risk. It's not the role of any government to take on the risks involved in the activities of a commercial organisation.
If they feel the profit is there then they put up their own money (or borrow it at standard commercial rates).
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BRANDED
12:51 Wed Jul 14
Re: Overseas budget cut.
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She didnt hardly pay any tax. What taxes she paid she got excellent returns from the government in comparison to buying for them in the private sector in general.
Some businesses get an excellent deal from government some less so. Governments have generally looked to get people in work ( except thatch obvs) and for businesses to pay tax ( except US tech companies obvs).
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SurfaceAgentX2Zero
12:48 Wed Jul 14
Re: Overseas budget cut.
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Fo
True enough, hence my preparedness to put a hanky over my mouth. But it's entirely morally-unjustifiable whichever political/economic philosophy you adhere to.
I was just surprised that someone from the left would be defending it.
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D.B Cooper
12:48 Wed Jul 14
Re: Overseas budget cut.
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Should be spent on tomahawks to fire into undesirable lands. Also put those that missed the penalties into the tubes…
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Fo the Communist
12:48 Wed Jul 14
Re: Overseas budget cut.
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Mike
A properly procured contract to deliver a Government-backed project overseas (or in this country) is not state aid.
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SurfaceAgentX2Zero
12:45 Wed Jul 14
Re: Overseas budget cut.
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Branded
Your neice's argument hadn't crumbled she just lacked the knowledge to further pursue it. She should have just called you a straw-manning old cunt.
Tax-payers money' consists of taxes raised from all sections of society. But let's simplify and say 'some of it is raised from the better off and some from the less well-off'.
Tax money used to fund palm-greasing for industry represents a) a transfer payment between two sections of 'the better off' and b) a payment from 'the less well off' to 'the better off'.
Obfuscate all you want, but it's a net transfer of wealth from the poorer to the richer. That's wrong from the standpoint of the left. Any form of state intervention in business is counter to the principles of the right.
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