With the European market crashing, the pound losing massive value overnight, many people not fully understanding what the EU was, and the millions of dollars it's going to cost to leave the EU, do you think the United Kingdom would vote to leave if they voted again today?
Personally I think they have some buyer remorse, but they realize the consequences are short term right now.
Do you think AP's insinuations that those Brits who voted to leave are simpletons worthy of debate?
I don't. I think neither buford or AP bring anything to the table in these discussions other than to conflate and drive the conversations off track. Imho, let's plow their shit out of the way and move on with the discussion.
The irony of you complaint about the discussion being driven off track is quite hysterical.
The point about the butcher being able to sell in pounds and ounces is that before he wasn't allowed to legally. Do you think THAT is something that should be decided on that huge of a level. The point is the micro management of the EU and the cost of that. It's the same here in the US with the cost of over-regulation which drives businesses out of the US.
I can smell the smug through my monitor.
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Do you believe whether a butcher uses the Imperial or metric system in scaling his wares is topic worthy of discussion? Is it a root cause of Brexit? Will it make lives easier for Brits?
Do you think AP's insinuations that those Brits who voted to leave are simpletons worthy of debate?
I don't. I think neither buford or AP bring anything to the table in these discussions other than to conflate and drive the conversations off track. Imho, let's plow their shit out of the way and move on with the discussion.
The irony of you complaint about the discussion being driven off track is quite hysterical.
The point about the butcher being able to sell in pounds and ounces is that before he wasn't allowed to legally. Do you think THAT is something that should be decided on that huge of a level. The point is the micro management of the EU and the cost of that. It's the same here in the US with the cost of over-regulation which drives businesses out of the US.
You think over regulation is driving businesses out of the states? Anything to back it up that isnt a Facebook meme?
I would say tax structure more than anything else as far as sending business overseas.
I would say over regulation hurts mains street as big business can absorb those costs and pass it on compared to mom and pops.
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In comment 13012676 Modus Operandi said:
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Do you believe whether a butcher uses the Imperial or metric system in scaling his wares is topic worthy of discussion? Is it a root cause of Brexit? Will it make lives easier for Brits?
Do you think AP's insinuations that those Brits who voted to leave are simpletons worthy of debate?
I don't. I think neither buford or AP bring anything to the table in these discussions other than to conflate and drive the conversations off track. Imho, let's plow their shit out of the way and move on with the discussion.
The irony of you complaint about the discussion being driven off track is quite hysterical.
The point about the butcher being able to sell in pounds and ounces is that before he wasn't allowed to legally. Do you think THAT is something that should be decided on that huge of a level. The point is the micro management of the EU and the cost of that. It's the same here in the US with the cost of over-regulation which drives businesses out of the US.
You think over regulation is driving businesses out of the states? Anything to back it up that isnt a Facebook meme?
Ask the Economist
Link - ( New Window )
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Do you believe whether a butcher uses the Imperial or metric system in scaling his wares is topic worthy of discussion? Is it a root cause of Brexit? Will it make lives easier for Brits?
Do you think AP's insinuations that those Brits who voted to leave are simpletons worthy of debate?
I don't. I think neither buford or AP bring anything to the table in these discussions other than to conflate and drive the conversations off track. Imho, let's plow their shit out of the way and move on with the discussion.
The irony of you complaint about the discussion being driven off track is quite hysterical.
The point about the butcher being able to sell in pounds and ounces is that before he wasn't allowed to legally. Do you think THAT is something that should be decided on that huge of a level. The point is the micro management of the EU and the cost of that. It's the same here in the US with the cost of over-regulation which drives businesses out of the US.
I don't mean to go off in a tangent but I have to ask. Can you be more specific and tell us in detail about some of these business that left American shores because of over regulation?
Link - ( New Window )
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In comment 13013089 buford said:
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In comment 13012676 Modus Operandi said:
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Do you believe whether a butcher uses the Imperial or metric system in scaling his wares is topic worthy of discussion? Is it a root cause of Brexit? Will it make lives easier for Brits?
Do you think AP's insinuations that those Brits who voted to leave are simpletons worthy of debate?
I don't. I think neither buford or AP bring anything to the table in these discussions other than to conflate and drive the conversations off track. Imho, let's plow their shit out of the way and move on with the discussion.
The irony of you complaint about the discussion being driven off track is quite hysterical.
The point about the butcher being able to sell in pounds and ounces is that before he wasn't allowed to legally. Do you think THAT is something that should be decided on that huge of a level. The point is the micro management of the EU and the cost of that. It's the same here in the US with the cost of over-regulation which drives businesses out of the US.
You think over regulation is driving businesses out of the states? Anything to back it up that isnt a Facebook meme?
Ask the Economist Link - ( New Window )
Where in the article was there evidence that companies were leaving America because of over regulation? It's possible I missed it.
Why do you insist on wasting our time?
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In comment 13012676 Modus Operandi said:
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Do you believe whether a butcher uses the Imperial or metric system in scaling his wares is topic worthy of discussion? Is it a root cause of Brexit? Will it make lives easier for Brits?
Do you think AP's insinuations that those Brits who voted to leave are simpletons worthy of debate?
I don't. I think neither buford or AP bring anything to the table in these discussions other than to conflate and drive the conversations off track. Imho, let's plow their shit out of the way and move on with the discussion.
The irony of you complaint about the discussion being driven off track is quite hysterical.
The point about the butcher being able to sell in pounds and ounces is that before he wasn't allowed to legally. Do you think THAT is something that should be decided on that huge of a level. The point is the micro management of the EU and the cost of that. It's the same here in the US with the cost of over-regulation which drives businesses out of the US.
I don't mean to go off in a tangent but I have to ask. Can you be more specific and tell us in detail about some of these business that left American shores because of over regulation?
Nah. Just waiting on your published thesis on why it isn't true.
Yeah, you're not meaning to go off on a tangent. If you weren't you wouldn't have posted.
Come now. A fast food restaurant? That's your shining example. That restaurant is not forsaking America for foreign shores. They are expanding. And since the American market is saturated with fast food joints, I would expect most of their investments would be overseas. No?
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In comment 13013089 buford said:
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In comment 13012676 Modus Operandi said:
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Do you believe whether a butcher uses the Imperial or metric system in scaling his wares is topic worthy of discussion? Is it a root cause of Brexit? Will it make lives easier for Brits?
Do you think AP's insinuations that those Brits who voted to leave are simpletons worthy of debate?
I don't. I think neither buford or AP bring anything to the table in these discussions other than to conflate and drive the conversations off track. Imho, let's plow their shit out of the way and move on with the discussion.
The irony of you complaint about the discussion being driven off track is quite hysterical.
The point about the butcher being able to sell in pounds and ounces is that before he wasn't allowed to legally. Do you think THAT is something that should be decided on that huge of a level. The point is the micro management of the EU and the cost of that. It's the same here in the US with the cost of over-regulation which drives businesses out of the US.
I don't mean to go off in a tangent but I have to ask. Can you be more specific and tell us in detail about some of these business that left American shores because of over regulation?
Nah. Just waiting on your published thesis on why it isn't true.
Yeah, you're not meaning to go off on a tangent. If you weren't you wouldn't have posted.
Come now. Don't get testy; it's unbecoming. I don't want to derail this thread. I think we have had a great discussion so far.
Buford stated that business is fleeing the US because of over regulation. This flies in the face of everything that's intuitive.
As compton mentioned, assuming regulation is in fact onerous, large businesses can absorbed the any cost and pass it on. Small businesses like family print shops and pizzarias aren't just going to pick up shop and relocate to Mexico.
We know the cause of jobs moving oversees and it isn't our job to disprove buford's silly assertions. The onus is on her.
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It would be overwhelmingly in favor of remaining. A lot of younger voters who would have voted to remain just didn't vote (sounds familiar) and they would in a second round of voting. Not to mention all of the people who are pining for a second vote... it's up to what, 3 million now? If even a chunk of those millions would be new voters, that would sway things even more. Plus the people who are caught up in the aftermath of this and seeing how the markets are reacting to it. They would vote to remain thinking it might fix things. Then you have numerous people coming out and admitting they didn't know all of this would happen just because they voted to leave. That they just got caught up in it and thought it wouldn't be that big of a deal (lol)
So yeah, remain would win in a landslide if it happened again.
It's also possible that some of the Remains would be sufficiently offended by the attempt to hold another fucking referendum because the powers that be didn't get the answer they wanted the first time and would vote to Leave.
I can smell the smug through my monitor.
I smelled sarcasm
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In comment 13013150 compton said:
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In comment 13013089 buford said:
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In comment 13012676 Modus Operandi said:
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Do you believe whether a butcher uses the Imperial or metric system in scaling his wares is topic worthy of discussion? Is it a root cause of Brexit? Will it make lives easier for Brits?
Do you think AP's insinuations that those Brits who voted to leave are simpletons worthy of debate?
I don't. I think neither buford or AP bring anything to the table in these discussions other than to conflate and drive the conversations off track. Imho, let's plow their shit out of the way and move on with the discussion.
The irony of you complaint about the discussion being driven off track is quite hysterical.
The point about the butcher being able to sell in pounds and ounces is that before he wasn't allowed to legally. Do you think THAT is something that should be decided on that huge of a level. The point is the micro management of the EU and the cost of that. It's the same here in the US with the cost of over-regulation which drives businesses out of the US.
I don't mean to go off in a tangent but I have to ask. Can you be more specific and tell us in detail about some of these business that left American shores because of over regulation?
Nah. Just waiting on your published thesis on why it isn't true.
Yeah, you're not meaning to go off on a tangent. If you weren't you wouldn't have posted.
Come now. Don't get testy; it's unbecoming. I don't want to derail this thread. I think we have had a great discussion so far.
Yeah, ok. I'm just asking what you are asking for. Who is being testy?
Fast food restaurants hire the under educated, unskilled workers that are demanding $15 an hour because the government decided the 30 hrs a week is now full time so they only get 29.
The regulation paperwork cost is growing out site. I'm not concerned with the Carl Jrs of the world. They will do what they need to survive. Including making overseas expansion a priority.
I go back to main street. The small business owner who doesn't have other options is who is being hurt.
You and I both know that is the backbone of the middle class.
But, they are far from the top reasons for businesses staying or fleeing. You don't think that IP protection is important? Local/regional/domestic labor laws? Costs of transportation and the local talent?
"but muh globalism!"
A majority just democratically voted to tell the EU to pound sand. Naturally those in favor of the status quo are salty.
Que sunglasses deal-with-it GIF.
Anyway... a someone who is 27, I do empathaize with the younger generation of voters who overwhelmingly voted to stay getting absolutely screwed by a bunch of older voters who have decided the future for them.
Sucks for the younger generation in the UK. Their future has been decided for them. They probably should have turned out in higher numbers.
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...from London versus Brussels, is that they get to vote for the guys passing down the laws from London. This is from five years ago, long before the refugee crisis - ( New Window )
Exactly. And the overbearing regulations. I've just read in the past few days that the EU is talking about banning electric kettles and some hair dryers because of global warming concerns. And that a butcher shop in the UK immediately began selling meat in pounds and ounces after the exit vote. These things sound silly, but many people are tired of bureaucrats in far away places making these types of decisions that affect most people's lives daily, but have no real discernible benefit to them. The ruling class or elites, whatever you want to call them, seem to excel in making rules to show how enlightened they are. It's a form of virtue signaling. Meanwhile, real problems go unresolved. It's what happens when the people in power forget they are servants of the people, not masters.
I get your point, but global warming restrictions rarely have tangible benefits to any one individual in the immediacy...
Does this mean "fuck 'em, who needs em!"?
Buford stated that business is fleeing the US because of over regulation. This flies in the face of everything that's intuitive.
As compton mentioned, assuming regulation is in fact onerous, large businesses can absorbed the any cost and pass it on. Small businesses like family print shops and pizzarias aren't just going to pick up shop and relocate to Mexico.
We know the cause of jobs moving oversees and it isn't our job to disprove buford's silly assertions. The onus is on her.
That's the easy way or the vindictive way if look at it that way.
And I agree. over regulation is more a main street problem than a wall street problem. Carl Jr's is a prime example, They just expand overseas and their stock will grow and everyone is happy except for those jobs lost on the lower end of the economic scale.
We'll just have to pick up that slack.
They find that there is no link.
"Regulation and the Competitiveness of U.S. Manufacturing: What Does the Evidence Tell Us?"
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That isn't how this works.
Buford stated that business is fleeing the US because of over regulation. This flies in the face of everything that's intuitive.
As compton mentioned, assuming regulation is in fact onerous, large businesses can absorbed the any cost and pass it on. Small businesses like family print shops and pizzarias aren't just going to pick up shop and relocate to Mexico.
We know the cause of jobs moving oversees and it isn't our job to disprove buford's silly assertions. The onus is on her.
That's the easy way or the vindictive way if look at it that way.
And I agree. over regulation is more a main street problem than a wall street problem. Carl Jr's is a prime example, They just expand overseas and their stock will grow and everyone is happy except for those jobs lost on the lower end of the economic scale.
We'll just have to pick up that slack.
Carl Jr. isn't going to not open up more stores because the minimum wage went up if they feel there's there's profit to be made in expansion. It's counter-intuitive. They will expand anywhere and everywhere they can.
And either we're talking middle class jobs - historically manufacturing - or low end jobs, as you brought up in your Carl Jr. example.
Unfortunately for some, those manufacturing jobs are gone due to technology and cheaper labor costs overseas, and we haven't done a great job retraining or providing adequate opportunities for those workers to learn new skills to adapt to a new marketplace. Instead, some have found it more politically expedient to blame globalization, cheap imports (which we Americans love) rather than face hard realities.
What remains of the middle class have faced stagnant wages while companies sit on massive reserves due to uncertainty.
None of this, of course, has anything to due with regulation. But it won't stop those like buford from continuing to kick straw men.
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That isn't how this works.
Buford stated that business is fleeing the US because of over regulation. This flies in the face of everything that's intuitive.
As compton mentioned, assuming regulation is in fact onerous, large businesses can absorbed the any cost and pass it on. Small businesses like family print shops and pizzarias aren't just going to pick up shop and relocate to Mexico.
We know the cause of jobs moving oversees and it isn't our job to disprove buford's silly assertions. The onus is on her.
That's the easy way or the vindictive way if look at it that way.
And I agree. over regulation is more a main street problem than a wall street problem. Carl Jr's is a prime example, They just expand overseas and their stock will grow and everyone is happy except for those jobs lost on the lower end of the economic scale.
We'll just have to pick up that slack.
It's not one or the other. Carl Jr. is not facing a dilemma of if they open a restaurant in America then they can't open one overseas. The factors that influence these investment decisions can't be simply reduced to regulation. Canada and the EU have way more restrictive business regulation than the U.S; in spite of that, American companies (from fast food to hi-tech) are opening business there. I'm not interested in changing anyone mind. If you feel that business are fleeing America because of excessive regulation; more power to you.
I can smell the smug through my monitor.
That's just your fetid breath blowing back in your face.
I can smell the smug through my monitor.
"I'll enlighten you further when I finish my shift as a barista." :>)
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That isn't how this works.
Buford stated that business is fleeing the US because of over regulation. This flies in the face of everything that's intuitive.
As compton mentioned, assuming regulation is in fact onerous, large businesses can absorbed the any cost and pass it on. Small businesses like family print shops and pizzarias aren't just going to pick up shop and relocate to Mexico.
We know the cause of jobs moving oversees and it isn't our job to disprove buford's silly assertions. The onus is on her.
That's the easy way or the vindictive way if look at it that way.
And I agree. over regulation is more a main street problem than a wall street problem. Carl Jr's is a prime example, They just expand overseas and their stock will grow and everyone is happy except for those jobs lost on the lower end of the economic scale.
We'll just have to pick up that slack.
Or they get electronic kiosks to replace those workers. BTW, Obamacare and minimum wages are also regulations that cause companies to move jobs overseas. It's not just environmental regulations.
And the comments about 'so you don't want any regulations' are just silly. We are over regulated. Thousands of new regulations are passed each year. Someone who is in business can tell you that. But nothing will convince you if you don't want to believe it.
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In comment 13013166 Modus Operandi said:
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That isn't how this works.
Buford stated that business is fleeing the US because of over regulation. This flies in the face of everything that's intuitive.
As compton mentioned, assuming regulation is in fact onerous, large businesses can absorbed the any cost and pass it on. Small businesses like family print shops and pizzarias aren't just going to pick up shop and relocate to Mexico.
We know the cause of jobs moving oversees and it isn't our job to disprove buford's silly assertions. The onus is on her.
That's the easy way or the vindictive way if look at it that way.
And I agree. over regulation is more a main street problem than a wall street problem. Carl Jr's is a prime example, They just expand overseas and their stock will grow and everyone is happy except for those jobs lost on the lower end of the economic scale.
We'll just have to pick up that slack.
Or they get electronic kiosks to replace those workers. BTW, Obamacare and minimum wages are also regulations that cause companies to move jobs overseas. It's not just environmental regulations.
And the comments about 'so you don't want any regulations' are just silly. We are over regulated. Thousands of new regulations are passed each year. Someone who is in business can tell you that. But nothing will convince you if you don't want to believe it.
Lack of free trade agreements also causes jobs to move overseas. One of the auto makers said it was moving some production to Mexico not because of wages but because the Mexican-made cars are cheaper to export than US-made cars because Mexico has more free trade agreements.
Here you go.
Link - ( New Window )
Access via Google - ( New Window )
Once posted, it came up pay/subscribe.
Thanks, learned something today.
That or idiots.
But realizing where it came from came from, you gotta cut some slack if you know what I mean. :)
I couldn't get past the WSJ paywall either, but a "nice read" from a former diplomat doesn't sound worth it
Reuters Business Verified account
@ReutersBiz
BREAKING: Britain's FTSE 100 index recovers all losses from Brexit
8:43 AM - 29 Jun 2016
Link - ( New Window )
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Reuters Business Verified account
@ReutersBiz
BREAKING: Britain's FTSE 100 index recovers all losses from Brexit
8:43 AM - 29 Jun 2016
Link - ( New Window )
It's the apocalypse, the world economy will halt. Only the elite lizard people will survive.
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Reuters Business Verified account
@ReutersBiz
BREAKING: Britain's FTSE 100 index recovers all losses from Brexit
8:43 AM - 29 Jun 2016
Link - ( New Window )
1) I read a few days ago that FTSE 100 is a bad measuring stick because so many of those businesses earn a ton outside Britain. Is Brexit really bad for drugmakers AZ and GSK? Their US subs are still selling the same product in dollars in the US market. FTSE 250 is more broad based. It had a 6/23 high of 17333, fell below 15000 on 6/27, and is now at 16002. So still impaired but bouncing back significantly.
2) The markets are a terrible way to gauge anything other than the markets. Especially in this era to too much capital with nothing (literally) to put it in. Because interest rates are so low, big investors are taking on a lot of risk with equities.
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In comment 13013181 ctc in ftmyers said:
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In comment 13013166 Modus Operandi said:
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That isn't how this works.
Buford stated that business is fleeing the US because of over regulation. This flies in the face of everything that's intuitive.
As compton mentioned, assuming regulation is in fact onerous, large businesses can absorbed the any cost and pass it on. Small businesses like family print shops and pizzarias aren't just going to pick up shop and relocate to Mexico.
We know the cause of jobs moving oversees and it isn't our job to disprove buford's silly assertions. The onus is on her.
That's the easy way or the vindictive way if look at it that way.
And I agree. over regulation is more a main street problem than a wall street problem. Carl Jr's is a prime example, They just expand overseas and their stock will grow and everyone is happy except for those jobs lost on the lower end of the economic scale.
We'll just have to pick up that slack.
Or they get electronic kiosks to replace those workers. BTW, Obamacare and minimum wages are also regulations that cause companies to move jobs overseas. It's not just environmental regulations.
And the comments about 'so you don't want any regulations' are just silly. We are over regulated. Thousands of new regulations are passed each year. Someone who is in business can tell you that. But nothing will convince you if you don't want to believe it.
Lack of free trade agreements also causes jobs to move overseas. One of the auto makers said it was moving some production to Mexico not because of wages but because the Mexican-made cars are cheaper to export than US-made cars because Mexico has more free trade agreements.
How about its because Mexican auto workers make $15 per DAY?