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politicalbetting.com » Blog Archive » YouGov snap CON debate poll gives it to Stewart amongst all vo

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    Scrapheap_as_wasScrapheap_as_was Posts: 10,059
    Going to need some new help from Ken.
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    IanB2IanB2 Posts: 47,282
    edited June 2019
    Poor Rory. Out w 27
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    PendduPenddu Posts: 265
    So where does Rory supporters go....Hunt?
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    PulpstarPulpstar Posts: 75,929
    Boris tactical machine in full swing first eliminating Raab then Rory
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    _Anazina__Anazina_ Posts: 1,810

    AndyJS said:

    Result:

    Johnson 143
    Hunt 54
    Gove 51
    Javid 38
    Stewart 27

    Woah. Stewart collapsed.
    The talent filtering continues. Keep going until the only man left standing is a tubby third-rate clown 🤡.
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    viewcodeviewcode Posts: 18,783
    AndyJS said:

    Rory was appealing to the wrong electorate.

    ...and unappealing to the right one.

    (Sorry, couldn't resist it... :) )
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    Ishmael_ZIshmael_Z Posts: 8,981
    Ishmael_Z said:

    viewcode said:

    Whose Twitter feed should I be following for the quickest result?

    I think if you just stay on this page you'll get the result quicker than most
    Told you so.
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    kle4kle4 Posts: 91,752
    Dadge said:

    The Tory leadership election should've had a minimum vote requirement in each round. The process is going to take too long.

    It's actually been well designed, with ever shorter times between votes to ensure it doesn't. Well done the 1922 in that respect.
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    ChrisChris Posts: 11,125
    It could all have been so different if the stools had been lower.
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    GIN1138GIN1138 Posts: 20,817
    Looks like Con MPs took the same view as me to Rory's "performance" last night! :D
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    TGOHFTGOHF Posts: 21,633
    Gove is going to get through to the last 2.
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    rottenboroughrottenborough Posts: 58,226
    Massive BBC fail there. They missed the vote announcement!!!
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    Morris_DancerMorris_Dancer Posts: 60,984
    Interesting result.

    If the debate had an effect, the questioners being dubious (at least in part) is even more serious.

    [For what it's worth, I don't think that made a material difference, but I do think it's another black mark against debates generally].
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    HYUFDHYUFD Posts: 117,007
    edited June 2019
    Now surely between Gove and Hunt to face Boris, just 3 votes between them
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    ralphmalphralphmalph Posts: 2,201
    Berh Rigby saying Rory was doing too much blue on blue and the Mps did not like it.
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    tlg86tlg86 Posts: 25,190
    Beth Rigby is utterly stupid. How can you say that there was a Stop Rory campaign when he lost votes rather than other candidates being lent votes to beat him?
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    eekeek Posts: 24,981
    rcs1000 said:

    rcs1000 said:

    I tried to explain my musings earlier in a reply to JJ.

    The data shows that the UK trade deficit is primarily about trade with the EU and that this is a deficit which has greatly increased during the last two decades.

    Perhaps that means that because of the faults and failings of the UK economy / UK society generally / UK politicians that we are fundamentally unsuited to being in a single market with countries which do not have the same problems.

    If you look at countries around the world, trade deficits are a function of household savings rates. High household savings rate (Germany, Switzerland or Singapore) -> trade surplus. Low household savings rate (UK or US) -> trade deficit.

    Countries which have gone from trade deficit to surplus (like Spain), have done so largely through increasing household savings rates. Sometimes this is done by increasing exports and the surplus not being spent. Sometimes it is done by suppressing consumption. And sometimes it's a mix of the two.

    It's important to appreciate that British people don't demand EU "things". They demand things where the cheapest supply is from the EU.

    Take wine. If we left the EU and entered into a free trade agreement with Australia/NZ, the chances are that Brits would drink almost exactly the same amount of wine as before, it's just that the changing tariffs would mean that we bought less French wine, and more Australian. Our trade balance wouldn't change, unless we either (a) started producing more wine (which would of course mean diverting agricultural land from other uses, probably netting us back at zero), or (b) drank less wine.
    Just to add: countries with high levels of home ownership, and where house prices have risen historically tend also to run trade deficits*. Why? Because people feel they don't need to save because they have assets at the "Bank of Bricks & Mortar".

    * Spain is an interesting example of this. Prices went through the roof, people felt rich. They spent beyond their means. The trade deficit shot up. House prices came down, and suddenly people had to save to compensate. Result, the trade deficit narrowed sharply.
    Yet you believe house prices should be kept high via mechanisms such as mortgage interest rate relief yet i’ve always argued high house prices are a drain on the economy.
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    Richard_NabaviRichard_Nabavi Posts: 30,820
    Looks like there was some skulduggery in the first round to neutralise Raab, and the skulduggers were then shifted to neutralise Rory. A finely executed manoeuvre, if I'm right.
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    kle4kle4 Posts: 91,752
    HYUFD said:

    Gove 51
    Hunt 54
    Javid 38
    Johnson 143
    Stewart 27

    Stewart eliminated

    I know it won't happen this way, but it would be a bit funny if all those who go out between now and the end are firm anti-Boris's, so he actually comes second, or only just in front.
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    AndyJSAndyJS Posts: 29,395
    Maybe some Johnson supporters voted tactically for Stewart yesterday.
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    another_richardanother_richard Posts: 25,082
    Change from Round 2

    Boris +17
    Hunt +8
    Gove +10
    Javid +5
    Rory -10
    Raab -30
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    AndyJSAndyJS Posts: 29,395
    tlg86 said:

    Beth Rigby is utterly stupid. How can you say that there was a Stop Rory campaign when he lost votes rather than other candidates being lent votes to beat him?

    +1
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    eekeek Posts: 24,981

    Looks like there was some skulduggery in the first round to neutralise Raab, and the skulduggers were then shifted to neutralise Rory. A finely executed manoeuvre, if I'm right.

    True but it leave Rory to fight another day, especially if things play out the way a lot of us expect.
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    kle4kle4 Posts: 91,752

    Change from Round 2

    Boris +17
    Hunt +8
    Gove +10
    Javid +5
    Rory -10
    Raab -30

    Gove closing in. With Rory's comments earlier today, is he looking good for an unlikely comeback after his cocaine shenanigans?
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    DavidLDavidL Posts: 51,307
    So Rory now needs to decide who he wants to join as a number 2(ish). I think Gove is the most obvious one as joining Sajid probably means losing again. Rory backing Gove would give Hunt a lot to cope with.
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    ArtistArtist Posts: 1,882
    I think Gove will get a few more transfers from Stewart than Hunt will. But Javid's votes may edge toward Hunt. No idea who will come 2nd.
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    tlg86tlg86 Posts: 25,190

    Looks like there was some skulduggery in the first round to neutralise Raab, and the skulduggers were then shifted to neutralise Rory. A finely executed manoeuvre, if I'm right.

    A bit of a risk to let Rory into that debate, though? Or perhaps not given that Boris talked straight past Rory on occasions.
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    rottenboroughrottenborough Posts: 58,226
    Penddu said:

    So where does Rory supporters go....Hunt?

    I thought Gove was the rumour.
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    AndyJSAndyJS Posts: 29,395
    Big fail by Betfair punters who thought Stewart had a good chance of progressing.
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    Scrapheap_as_wasScrapheap_as_was Posts: 10,059

    Looks like there was some skulduggery in the first round to neutralise Raab, and the skulduggers were then shifted to neutralise Rory. A finely executed manoeuvre, if I'm right.

    Ooh.... clever. Yes that would make a lot of sense.
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    viewcodeviewcode Posts: 18,783
    Be honest. I appreciate some are disappointed, but is anybody surprised?
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    another_richardanother_richard Posts: 25,082
    Change from Round 1

    Boris +29
    Hunt +11
    Gove +14
    Javid +15
    Rory +8
    Raab -27
    Hancock -20
    Leadsom -11
    Harper -10
    McVey -9
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    Casino_RoyaleCasino_Royale Posts: 55,341
    Gamblers regret: if I hadn’t shat the bed 24 hours ago over Stewart my book would now be about £120 better.
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    ChrisChris Posts: 11,125

    Chris said:

    AndyJS said:

    Not very confident this time.

    Prediction:

    Boris 137
    Hunt 48
    Gove 46
    Javid 42
    Stewart 40

    That could well be right.

    I expect Tory MPs to manoeuvre to block Stewart.
    I still don't understand the reasoning behind that. On a political calculation, shouldn't it be better for Johnson if he faces his softest opponent on Brexit, rather than someone who can compete for the Brexiteer vote?

    Stewart will spend a whole month putting Boris’s reputation through the mincer, and he’ll do it very well too and get a lot of publicity for it.

    Boris doesn’t want to be a lame duck before he starts.
    I suppose that's right. Now that there are only fellow-fantasists in the race, we'll have to rely on the media to scrutinise Johnson. (Puts head in hands.)
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    TGOHFTGOHF Posts: 21,633
    Rory’s supporters have left after his nonsense on tax.

    Gove vs Hunt to scoop up the stop Boris MPs.
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    steve_garnersteve_garner Posts: 1,019
    Rory did not look Prime Ministerial nor a team player in the debate. He was also clueless on Brexit. Will Saj pull out now (was Nick Palmer right all along)? Think Gove will be BJ's opponent now.
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    _Anazina__Anazina_ Posts: 1,810
    TGOHF said:

    Gove is going to get through to the last 2.

    That will be fun. He is clearly the best candidate remaining. I’m not a fan but he is a bright bloke and a proven tormentor of the tubby clown.
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    Ishmael_ZIshmael_Z Posts: 8,981
    eek said:

    Looks like there was some skulduggery in the first round to neutralise Raab, and the skulduggers were then shifted to neutralise Rory. A finely executed manoeuvre, if I'm right.

    True but it leave Rory to fight another day, especially if things play out the way a lot of us expect.
    And he is well qualified by clan for a king over the water role.
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    rottenboroughrottenborough Posts: 58,226

    Gamblers regret: if I hadn’t shat the bed 24 hours ago over Stewart my book would now be about £120 better.

    20-20 on the old hindsight.
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    viewcodeviewcode Posts: 18,783
    Ishmael_Z said:

    viewcode said:

    Whose Twitter feed should I be following for the quickest result?

    I think if you just stay on this page you'll get the result quicker than most
    Thank you.
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    TGOHFTGOHF Posts: 21,633
    Gove at over 25s is an appetising trading bet.
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    another_richardanother_richard Posts: 25,082

    Gamblers regret: if I hadn’t shat the bed 24 hours ago over Stewart my book would now be about £120 better.

    I thought you pissed yourself - did you also shit the bed ?
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    MarqueeMarkMarqueeMark Posts: 50,125
    viewcode said:

    Be honest. I appreciate some are disappointed, but is anybody surprised?

    That he got this far? Yup.....
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    kle4kle4 Posts: 91,752
    viewcode said:

    Be honest. I appreciate some are disappointed, but is anybody surprised?

    I assumed Rory would hold onto his votes, therefore had a chance of staying in, though I thought he would be pipped by Javid.
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    kinabalukinabalu Posts: 39,225
    AndyJS said:

    Maybe some Johnson supporters voted tactically for Stewart yesterday.

    Clearly.

    Johnson has such a surplus that he is able to (and is) manipulating the contest in a big way.

    Knock out Raab, then Stewart. Javid goes next. In the final 3 gerrymander Hunt above Gove.

    Johnson vs Hunt.

    Virtual certainty.
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    _Anazina__Anazina_ Posts: 1,810

    Interesting result.

    If the debate had an effect, the questioners being dubious (at least in part) is even more serious.

    [For what it's worth, I don't think that made a matereial difference, but I do think it's another black mark against debates generally].

    TV debates are here to stay. Get that into your head. Last night’s might have been shambolic but riding this bizarre hobby horse of yours won’t change the fact that having them is generally better than not having them.
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    IanB2IanB2 Posts: 47,282
    Do we know how early the member ballots go out? Is there a decent amount of campaign time and time for performance at the hustings to tell, before the papers land on doormats?
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    ChrisChris Posts: 11,125
    viewcode said:

    Be honest. I appreciate some are disappointed, but is anybody surprised?

    Yes - certainly surprised that Rory went out more because his vote dropped than because Javid's rose.
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    HYUFDHYUFD Posts: 117,007
    IanB2 said:

    Do we know how early the member ballots go out? Is there a decent amount of campaign time and time for performance at the hustings to tell, before the papers land on doormats?

    They arrive early July
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    JosiasJessopJosiasJessop Posts: 39,010
    viewcode said:

    Be honest. I appreciate some are disappointed, but is anybody surprised?

    Disappointed and unsurprised. I expected Stewart to go out yesterday.
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    IanB2IanB2 Posts: 47,282
    Now it’s just a matter of how long is the unicorn’s horn.
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    Scrapheap_as_wasScrapheap_as_was Posts: 10,059
    _Anazina_ said:

    TGOHF said:

    Gove is going to get through to the last 2.

    That will be fun. He is clearly the best candidate remaining. I’m not a fan but he is a bright bloke and a proven tormentor of the tubby clown.
    That picture of Gove and Johnson the morning after the Brexit vote result will be plastered everywhere if it does end up with 1 of them finally being nailed to delivery of it.
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    MysticroseMysticrose Posts: 4,688
    viewcode said:

    Be honest. I appreciate some are disappointed, but is anybody surprised?

    No not at all. He overplayed his hand and whilst I totally support what he said about public services, that's just not the modern Conservative party.
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    TOPPINGTOPPING Posts: 41,306
    Sad to see we are in the badlands now.

    But no Rory really didn't look prime ministerial last night.
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    CharlesCharles Posts: 35,758
    rcs1000 said:

    I tried to explain my musings earlier in a reply to JJ.

    The data shows that the UK trade deficit is primarily about trade with the EU and that this is a deficit which has greatly increased during the last two decades.

    Perhaps that means that because of the faults and failings of the UK economy / UK society generally / UK politicians that we are fundamentally unsuited to being in a single market with countries which do not have the same problems.

    If you look at countries around the world, trade deficits are a function of household savings rates. High household savings rate (Germany, Switzerland or Singapore) -> trade surplus. Low household savings rate (UK or US) -> trade deficit.

    Countries which have gone from trade deficit to surplus (like Spain), have done so largely through increasing household savings rates. Sometimes this is done by increasing exports and the surplus not being spent. Sometimes it is done by suppressing consumption. And sometimes it's a mix of the two.

    It's important to appreciate that British people don't demand EU "things". They demand things where the cheapest supply is from the EU.

    Take wine. If we left the EU and entered into a free trade agreement with Australia/NZ, the chances are that Brits would drink almost exactly the same amount of wine as before, it's just that the changing tariffs would mean that we bought less French wine, and more Australian. Our trade balance wouldn't change, unless we either (a) started producing more wine (which would of course mean diverting agricultural land from other uses, probably netting us back at zero), or (b) drank less wine.
    I am shocked, nay appalled, that you regard French and Australian wines as substitutable goods
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    HYUFDHYUFD Posts: 117,007
    kinabalu said:

    AndyJS said:

    Maybe some Johnson supporters voted tactically for Stewart yesterday.

    Clearly.

    Johnson has such a surplus that he is able to (and is) manipulating the contest in a big way.

    Knock out Raab, then Stewart. Javid goes next. In the final 3 gerrymander Hunt above Gove.

    Johnson vs Hunt.

    Virtual certainty.
    Gove picks up Stewart and Javid votes though and do not rule out some ERG Boris backers moving to Gove to have 2 Leavers in the final 2.

    Gove and his wife can also out smart Boris on this front, he is biding his time and will only strike for second place tomorrow
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    rottenboroughrottenborough Posts: 58,226
    edited June 2019

    _Anazina_ said:

    TGOHF said:

    Gove is going to get through to the last 2.

    That will be fun. He is clearly the best candidate remaining. I’m not a fan but he is a bright bloke and a proven tormentor of the tubby clown.
    That picture of Gove and Johnson the morning after the Brexit vote result will be plastered everywhere if it does end up with 1 of them finally being nailed to delivery of it.
    I topped up on Gove yesterday. Pretty pleased with that.
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    viewcodeviewcode Posts: 18,783

    Gamblers regret: if I hadn’t shat the bed 24 hours ago over Stewart my book would now be about £120 better.

    Dont worry: a smaller profit is not the same as a loss. If you're green, you're green
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    kinabalukinabalu Posts: 39,225
    TGOHF said:

    Gove is going to get through to the last 2.

    I really hope so but I think it will be 'low energy' Hunt.

    BJ is pulling the strings.
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    Morris_DancerMorris_Dancer Posts: 60,984
    Mr. Anazina, someone's a grumpy sausage.

    Anyway, I must be off. Play nicely, everyone.
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    MysticroseMysticrose Posts: 4,688
    The best situation in lots of ways will be Johnson v Gove in that Gove will put Boris under the spotlight.

    If Boris' lot really are tactically voting then they might try and engineer Hunt as the opponent.
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    another_richardanother_richard Posts: 25,082

    viewcode said:

    Be honest. I appreciate some are disappointed, but is anybody surprised?

    No not at all. He overplayed his hand and whilst I totally support what he said about public services, that's just not the modern Conservative party.
    I suspect his performance yesterday was too odd for some Conservative MPs.

    They might like his ideas and they may want more discussion on some issues but Rory really didn't look like a party leader in a GE campaign.
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    TOPPINGTOPPING Posts: 41,306
    Hmm was Hunt right to tack to no deal? A bit more ambiguity and he might have picked up more Rory votes tomorrow.
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    HYUFDHYUFD Posts: 117,007

    Change from Round 1

    Boris +29
    Hunt +11
    Gove +14
    Javid +15
    Rory +8
    Raab -27
    Hancock -20
    Leadsom -11
    Harper -10
    McVey -9

    Gove again making more gains than Hunt, like yesterday
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    Luckyguy1983Luckyguy1983 Posts: 25,433
    AndyJS said:

    Rory was appealing to the wrong electorate.

    And he was apalling to the right one.
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    viewcodeviewcode Posts: 18,783

    viewcode said:

    Be honest. I appreciate some are disappointed, but is anybody surprised?

    That he got this far? Yup.....
    I laughed out loud. The cleaners are looking at me strange... :)
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    Big_G_NorthWalesBig_G_NorthWales Posts: 60,298
    IanB2 said:

    Do we know how early the member ballots go out? Is there a decent amount of campaign time and time for performance at the hustings to tell, before the papers land on doormats?

    On our letters from the party we are to receive or ballots between the 6th and 8th of July and if we have not received them by the 12th July we are to contact the party
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    PulpstarPulpstar Posts: 75,929

    Looks like there was some skulduggery in the first round to neutralise Raab, and the skulduggers were then shifted to neutralise Rory. A finely executed manoeuvre, if I'm right.

    Ensuring Javid had just enough votes to get through yesterday was a particularly cute finesse too
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    nichomarnichomar Posts: 7,483
    Chris said:

    It could all have been so different if the stools had been lower.

    It was always a pile of shit
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    HYUFDHYUFD Posts: 117,007
    Artist said:

    I think Gove will get a few more transfers from Stewart than Hunt will. But Javid's votes may edge toward Hunt. No idea who will come 2nd.

    Most Javid backers I have heard will apparently go for Gove but will be tight
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    another_richardanother_richard Posts: 25,082
    So who thinks today's cricket is more interesting than the usual 300+ games ?
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    OmniumOmnium Posts: 9,779
    TOPPING said:

    Sad to see we are in the badlands now.

    But no Rory really didn't look prime ministerial last night.

    He'll know that too though. I have a lot of time for Mr Stewart, but he's a little overly fond of his own view. When Rory knows whathe's talking about he's really very right. He knows little of much though, and I'm sure he's learned that tonight.
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    kinabalukinabalu Posts: 39,225
    tlg86 said:

    So someone lent Rory votes to get into the debate.

    To knock out Raab. Don't think they cared much about the debate.
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    kle4kle4 Posts: 91,752
    TOPPING said:

    Hmm was Hunt right to tack to no deal? A bit more ambiguity and he might have picked up more Rory votes tomorrow.

    Oh, is he a no dealer now? I know his position changes are a bit of a running gag, but I actually did not know he had done that.
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    MarkHopkinsMarkHopkins Posts: 5,584
    Charles said:

    rcs1000 said:

    I tried to explain my musings earlier in a reply to JJ.

    The data shows that the UK trade deficit is primarily about trade with the EU and that this is a deficit which has greatly increased during the last two decades.

    Perhaps that means that because of the faults and failings of the UK economy / UK society generally / UK politicians that we are fundamentally unsuited to being in a single market with countries which do not have the same problems.

    If you look at countries around the world, trade deficits are a function of household savings rates. High household savings rate (Germany, Switzerland or Singapore) -> trade surplus. Low household savings rate (UK or US) -> trade deficit.

    Countries which have gone from trade deficit to surplus (like Spain), have done so largely through increasing household savings rates. Sometimes this is done by increasing exports and the surplus not being spent. Sometimes it is done by suppressing consumption. And sometimes it's a mix of the two.

    It's important to appreciate that British people don't demand EU "things". They demand things where the cheapest supply is from the EU.

    Take wine. If we left the EU and entered into a free trade agreement with Australia/NZ, the chances are that Brits would drink almost exactly the same amount of wine as before, it's just that the changing tariffs would mean that we bought less French wine, and more Australian. Our trade balance wouldn't change, unless we either (a) started producing more wine (which would of course mean diverting agricultural land from other uses, probably netting us back at zero), or (b) drank less wine.
    I am shocked, nay appalled, that you regard French and Australian wines as substitutable goods

    Indeed. Australian is much better.

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    AlistairAlistair Posts: 23,670
    Well, missed the chance to lay Stewart then which I was going to do after this round. Had fully expected Sajid to go.
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    another_richardanother_richard Posts: 25,082
    Pulpstar said:

    Looks like there was some skulduggery in the first round to neutralise Raab, and the skulduggers were then shifted to neutralise Rory. A finely executed manoeuvre, if I'm right.

    Ensuring Javid had just enough votes to get through yesterday was a particularly cute finesse too
    I have my doubts as to whether our politicians are competent enough to organise things that well.
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    AndyJSAndyJS Posts: 29,395

    So who thinks today's cricket is more interesting than the usual 300+ games ?

    Most cricket fans would agree with you. It's boring to have every other ball going to the boundary.
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    Chris said:

    It could all have been so different if the stools had been lower.

    I'm thinking of getting this engraved on my tombstone.
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    dr_spyndr_spyn Posts: 11,288
    Given their behaviour in 2016, when May walked over both of them, the same doubts about Johnson and Gove remain. Why did they stand aside in the first place?
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    MarkHopkinsMarkHopkins Posts: 5,584

    nEW tHREAD
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    CharlesCharles Posts: 35,758
    _Anazina_ said:

    Interesting result.

    If the debate had an effect, the questioners being dubious (at least in part) is even more serious.

    [For what it's worth, I don't think that made a matereial difference, but I do think it's another black mark against debates generally].

    TV debates are here to stay. Get that into your head. Last night’s might have been shambolic but riding this bizarre hobby horse of yours won’t change the fact that having them is generally better than not having them.
    I do think we would benefit from having them defined by the Electoral Commission sure we can skip the tedious will he/won’t he and debate negotiations
  • Options
    eekeek Posts: 24,981
    Charles said:

    rcs1000 said:

    I tried to explain my musings earlier in a reply to JJ.

    The data shows that the UK trade deficit is primarily about trade with the EU and that this is a deficit which has greatly increased during the last two decades.

    Perhaps that means that because of the faults and failings of the UK economy / UK society generally / UK politicians that we are fundamentally unsuited to being in a single market with countries which do not have the same problems.

    If you look at countries around the world, trade deficits are a function of household savings rates. High household savings rate (Germany, Switzerland or Singapore) -> trade surplus. Low household savings rate (UK or US) -> trade deficit.

    Countries which have gone from trade deficit to surplus (like Spain), have done so largely through increasing household savings rates. Sometimes this is done by increasing exports and the surplus not being spent. Sometimes it is done by suppressing consumption. And sometimes it's a mix of the two.

    It's important to appreciate that British people don't demand EU "things". They demand things where the cheapest supply is from the EU.

    Take wine. If we left the EU and entered into a free trade agreement with Australia/NZ, the chances are that Brits would drink almost exactly the same amount of wine as before, it's just that the changing tariffs would mean that we bought less French wine, and more Australian. Our trade balance wouldn't change, unless we either (a) started producing more wine (which would of course mean diverting agricultural land from other uses, probably netting us back at zero), or (b) drank less wine.
    I am shocked, nay appalled, that you regard French and Australian wines as substitutable goods
    Given his time in California the one thing I'm glad about is that he still doesn't find Californian wine acceptable...
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    ChrisChris Posts: 11,125
    Omnium said:

    TOPPING said:

    Sad to see we are in the badlands now.

    But no Rory really didn't look prime ministerial last night.

    He'll know that too though. I have a lot of time for Mr Stewart, but he's a little overly fond of his own view. When Rory knows whathe's talking about he's really very right. He knows little of much though, and I'm sure he's learned that tonight.
    Didn't he say that was his weakness in the first debate?
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    CharlesCharles Posts: 35,758

    Charles said:

    rcs1000 said:

    I tried to explain my musings earlier in a reply to JJ.

    The data shows that the UK trade deficit is primarily about trade with the EU and that this is a deficit which has greatly increased during the last two decades.

    Perhaps that means that because of the faults and failings of the UK economy / UK society generally / UK politicians that we are fundamentally unsuited to being in a single market with countries which do not have the same problems.

    If you look at countries around the world, trade deficits are a function of household savings rates. High household savings rate (Germany, Switzerland or Singapore) -> trade surplus. Low household savings rate (UK or US) -> trade deficit.

    Countries which have gone from trade deficit to surplus (like Spain), have done so largely through increasing household savings rates. Sometimes this is done by increasing exports and the surplus not being spent. Sometimes it is done by suppressing consumption. And sometimes it's a mix of the two.

    It's important to appreciate that British people don't demand EU "things". They demand things where the cheapest supply is from the EU.

    Take wine. If we left the EU and entered into a free trade agreement with Australia/NZ, the chances are that Brits would drink almost exactly the same amount of wine as before, it's just that the changing tariffs would mean that we bought less French wine, and more Australian. Our trade balance wouldn't change, unless we either (a) started producing more wine (which would of course mean diverting agricultural land from other uses, probably netting us back at zero), or (b) drank less wine.
    I am shocked, nay appalled, that you regard French and Australian wines as substitutable goods

    Indeed. Australian is much better.

    You’re drinking the wrong French wine then 🙄
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    JackWJackW Posts: 14,787
    Very disappointing score for Rory.

    The contest will be much duller with the telling questions Rory raised left unanswered. Will Javid now pull out ? .. if so the bun fight between Hunt and Gove will be ferocious.
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    Casino_RoyaleCasino_Royale Posts: 55,341

    Gamblers regret: if I hadn’t shat the bed 24 hours ago over Stewart my book would now be about £120 better.

    I thought you pissed yourself - did you also shit the bed ?
    I’m not proud of myself.
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    IanB2IanB2 Posts: 47,282
    After tomorrow, Hunt and Gove have got to take on Boris together. It’s their, and our, only chance.
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    IanB2IanB2 Posts: 47,282
    This thread has

    fallen off the stool

This discussion has been closed.