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Depends on whether those regulations are socially useful or not. It's not a given that should be the next step.
by mellosouls 7y ago
Depends on whether those regulations are socially useful or not. It's not a given that should be the next step.
- tonyedgecombe 7y agoWe were repeatedly told that wouldn't be the case before the referendum. It's hard to see the point of Brexit otherwise though.
- Retric 7y agoAt least in the US more productive states like New York and California heavily subsidize less productive states like New Mexico. I think there was real fear that Brexit was required to avoid a similar situation developing in the EU.
- CraigJPerry 7y agoI thought Germany was already propping up the less productive countries? They haven’t raised domestic salaries but their productivity remains high so they have a massive trade surplus which then then use to provide cheap loans to consumers in other euro countries who buy more German goods (because, stereotype or not, German stuff is generally damned good). At least that was my understanding of today.
- lottin 7y agoThe mechanism through which wealth is redistributed among EU countries is the EU budget. The wealthier countries (Germany and several others) are net contributors to the EU budget, whereas the more economically challenged nations are net receivers of EU funds. However the EU budget is quite tiny in relation to the EU economy, so the redistribution of wealth among EU members that takes place in this way is modest.
- K0SM0S 7y agoModest is putting it mildly, it's pretty much irrelevant as a net transfer (would take something like 50+ years to align countries, and by then other factors are magnitudes of order more salient in the output). EU budget always had a kind of political and strategical value attached to it — e.g. to protect agriculture, which is sound strategically (to be able to feed yourself in isolation if it comes to that), but the deeper symbol is that Europe is very afraid of famine. In the 1940s, it all began with cooperation around coal, energy. The EU, at least originally, is built to ensure individual countries can't F with the really important stuff (between each other, nor shoot themselves in the foot). Evidently, the mission has been met with some difficulties.
- Retric 7y agoEU budget is a “puddly” 150b/year. Still, with the vast difference in economic development it adds up to a 500+$ per person per year funding differences between several country’s. Which as you say is not going to change things dramatically in a given year, but it’s still meaningful over decades. Of note, England negotiated a rebate before joining. So, it’s a demonstrated issue for them.
- tonyedgecombe 7y agoThe big difference was we don't share a currency with the rest of the EU and were never likely to do so.
- mensetmanusman 7y agoThe subsidize with money, but not blood. The poor red states send their young off to die in wars for the blue states. If you add some value to the death of the young, it evens out.
- threeseed 7y agoBut wait until you see the reduced regulations you will end up with. US is demanding regulatory alignment in agriculture and food safety as a condition of the FTA for example. And the US has significantly higher rates of food borne illnesses compared to the UK due to these weaker regulations: https://www.sustainweb.org/news/feb18_US_foodpoisoning/ https://www.sustainweb.org/news/feb18_US_foodpoisoning/
- briandear 7y agohttps://fullfact.org/health/food-poisoning-US-UK/ https://fullfact.org/health/food-poisoning-US-UK/
- three_seagrass 7y agoThat fact check is only evaluating the very specific claim: >"One in six people in the US get food poisoning each year and one in 66 people in the UK get food poisoning each year." Saying that while correct, the two specific studies use different methodology and should not be used together in a sentence.
- tonyedgecombe 7y agoI suspect we won't see that because there has been too much publicity about it already. Workers rights are a different matter though.
- parsimo2010 7y agoOne of the Leavers' arguments was that the UK wouldn't be subject to the EU's regulations. They claimed that the EU rgulations were stifling and created too much of a nanny-state. Johnson's parliment is pretty much duty bound to create an environment of reduced regulation, otherwise they would be reneging on one of their most important platforms. Things like blatant crime should still be regulated, but creating an easier regulatory environment for businesses in the UK is absolutely a given next step.
- Retric 7y agoRegulations are not a single homogeneous entity. They could remove 5% or 95% of EU regulations and have kept their promise as long as the changes where a noticeable net positive.
- philpem 7y agoThey could claim to have removed the regulations on the shape of fruit (which don't really exist in the way they were described) and secured some kind of fishing deal and call it a success.
- threeseed 7y agoActually Johnson isn't going to be focused on reduced regulation. He will be focused on regulatory alignment with the US as he desperately needs to sign a US-UK FTA. And yes the US has a lot less regulations than the EU e.g. chlorinated chicken but in other areas it is not less but just different. UK businesses are going to find the next decade extremely painful as they deal with trying to support US and EU regulations whilst also dealing with customs controls at the border. So all of the pain with none of the benefits.
- thu2111 7y agoUK businesses are going to find the next decade extremely painful This seems over-board. Firstly, like in every country, most UK businesses don't sell abroad at all. So no, most businesses aren't going to find the next decade any different to the previous. Secondly, businesses that wanted to sell into both EU and US markets already had two sets of regulations to deal with and would have done no matter what. That is no different to what it was before either. Finally, businesses have been dealing with customs controls at the border for as long as international business has existed. That's hardly a big deal either. He will be focused on regulatory alignment with the US as he desperately needs to sign a US-UK FTA. No he doesn't. Plenty of countries around the world have perfectly fine economies and growth despite having no FTA in place with either the USA nor EU. It's nice to have but not essential for anything. Now, "regulatory alignment" doesn't have to mean adopting the exact same rules as the USA. That's the EU's approach but it's often not the best approach. A simpler way to gain the same benefits in most cases is just regulatory recognition. In cases where there's no actual fundamental disagreement between systems, but actually unifying them is unwanted for reasons of political independence (i.e. retaining the ability to fundamentally disagree in future) both countries can simply choose to accept products that comply with each other's sets of laws. The EU freaks out about this approach because the goal of the EU is not to make business easier but to unify Europe into a single country, and abolish the existing ones. Obviously to do that mutual recognition of standards is useless. Only obedience to a centrally controlled set of regulations will do the job. A lot of people in the UK have spent so many years under the thumb of this system that they find it hard to conceive of any other way.