bobbysands81 wrote: » What is the cost of this UI? I hear this all the time but it’s never backed up with figures. Any chance you could back your assertion up with some specific figures instead of generalising?
blanch152 wrote: » Extensive calculations and information has been provided by a number of posters earlier in the thread. If you want to challenge the information provided, please feel free to do so, with calculations of your own.
FrancieBrady wrote: » The only calculations the partitionists are interested in (and this again is evidence of their terminal negativity) are those that are scary or show deficits.
jh79 wrote: » Show us the ones that are not scary? I'm interested in those too.
FrancieBrady wrote: » You even managed in your negativity to turn SF's own report into a prophecy of doom. WHY oh WHY would I waste my time trying to convince guys like you? Nobody will waste time doing that, you'll just be let suffer the delusion that there are many of you because people are asked leading question (Would you like to pay more tax) in the absence of any plan.
bobbysands81 wrote: » You’re the one saying we can’t afford it yet you won’t provide the figures and are telling me to do your research for you!!! Now, if you’re going to make such a statement then back it up.
jh79 wrote: » I'm not asking you to convince me, you said I'm only interested in the scary reports. All I want is a link to the ones I'm supposedly not interested in so I can have a read.
FrancieBrady wrote: » I said 'calculations'...not 'reports'.
jh79 wrote: » Here they are;https://www.tcd.ie/Economics/TEP/2019/tep0619.pdfhttps://cain.ulster.ac.uk/issues/unification/hubner_2015-08.pdf
Conclusion In 2016 the Northern Ireland deficit, which was funded by a subvention from the UK central government, amounted to £9.3 billion (€11.4 billion). However, as indicated above, a more appropriate attribution of UK corporation tax revenue would have reduced this to around £8.8 billion (€10.8 billion). On the basis of the 2016 figures, in a united Ireland, if Northern Ireland did not take on a share of the UK’s existing net liabilities, the total Northern Ireland deficit would have amounted to around £6.9 billion or around €8.4 billion. If, instead they did take on a share of the UK’s net liabilities the deficit would be £8 billion (€9.8 billion).
Two lessons for an Irish unification can be drawn. First, uniting two separated economies requires careful and reflective public policies that deal with fall-outs on the one side and foster adjustments on the other. Second, securing and strongly improving the skill levels of the workforce and providing a complementary industrial policy will not only reduce the fiscal cost of unification but also will also potentially attract genuine FDI and reduce the opportunity cost.Our modeling exercise points to strong positive unification effects driven by successful currency devaluation and a policy dependent industrial turn-around. While these effects occur in a static global economic environment, under ideal political conditions, they underline the potential of political and economic unification when it is supported by smart economic policy.
FrancieBrady wrote: » You even managed in your negativity to turn SF's own report into a prophecy of doom.
FrancieBrady wrote: » The two conclusions are all the evidence you need to show you how much all of this is based on whatever slant you want to give. You pays your money...
jh79 wrote: » What are you on about? Those are two conclusions on completely different aspects of unification!
drdidlittle wrote: » So are you agreeing to the 8 to 9 Billion as per the last 2 lines of your first extract from the report?
FrancieBrady wrote: » Exactly. And those who will be promoting unification will focus on the positive aspects while those against it will speak of the negative aspects. Same as it ever was in any election/referendum there ever was.
jh79 wrote: » That makes no sense. They are different because they are about different things. It doesn't prove anything. Both are costs to the exchequer and both need to be paid for.
blanch152 wrote: » Explain again to us how a currency devaluation works in the context of a united Ireland. That is fantasy economics.
FrancieBrady wrote: » I'm not trying to 'prove' anything. Just making the point that you can chose to focus on the positive or the negative. Those promoting a UI, which will be the Irish government of the day, will be focusing on the positive. 67% are positively inclined to a UI even before a plan has been formulated. The uphill battle will be for those promoting the negative.
jh79 wrote: » I previously specifically focused on the "positives" as presented in the Hubner report as it is the one SF promoted on social media and their own website. The positive is a 35bn increase in GDP over 8 years or 1.3% per capita. That's the "positive" you have to focus on. The flipside of that is the dramatic tax increases required to fund Scenario 3 in the same report to achieve the 1.3%.
blanch152 wrote: » 78% are negatively inclined to a UI if they have to pay more tax for it.
blanch152 wrote: » you are never going to achieve your goal.
FrancieBrady wrote: » Nonsense. I will be focusing on the 'positives' presented when a plan/white paper is put forward by those proposing a UI - the Irish government of the day.
jh79 wrote: » Seeing as SF will be the next government and pushing for a border poll, are you concerned with their support of the Hubner paper?
FrancieBrady wrote: » I have always made the case that a 'UI' does not belong to SF. I think for you guys, to continue labouring under the delusion that it will be SF only, promoting it, is strategically stupid as the DUP Brexit strategy.