RustBucket

The University College of London research demonstrates a net fiscal benefit from migration to the UK, consistent with all the other studies done on this subject both in the UK as well as the US and Australia. Over the period 2001 - 2011 European immigrants contributed 64% more in taxes than they received in benefits. http://www.ucl.ac.uk/news/news-articles/1114/051114-economic-impact-EU-immigration

Using a fiscal instrument to address an ideologically driven, social issue of so called benefits tourism is fiscally irresponsible. Numerous studies demonstrate the insignificant fiscal impact of this benefits tourism so fiscal responses are not appropriate. If Cameron wants to respond politically through regulation to this beat up non issue, that is a different matter. He would then be held accountable through normal channels. The UK used to have a requirement imposed by an office within the Cabinet Office called the Better Regulation Bureau that all new regulations must include a cost benefit analysis. I have not seen any CBA for this regulation. What will be the losses to the UK Treasury as a result of a regulation that imposes an additional levy on prospective migrants and will this cause them to go elsewhere and contribute their tax money to another's economy?

On the argument that UK statistics cannot be trusted. I see no evidence of this. Moody's sovereign bond rating for the UK is AA1/Stable. Note that institutional strength is one of Moody's four-factor methodology for assessing sovereign credit risk. It is pure ignorance to accuse the Office of National Statistics and the UK Statistics Authority of incompetence because of ideological bias. I will take assessments from Moody's, Fitch and Standard and Poors any day over blow hard anti-immigration nuts.

If anyone knows of a CBA done on this proposed fiscal instrument, please post a link. I would be interested in reading this.

It sort of pisses me off with this contrived UCL study that crows on about migrants being a net benefit to the UK.

That report would have almost certainly have been contrived to add to the armoury of the loony left. But misses the point on lots of issues facing the UK.

As for the £20Bn net benefit... Bullshit!

They did not factor in the most obvious point that mass migration has in fact compressed wages for the past 10 years and in some extreme cases, some companies and especially the employment agencies are actually paying LESS than they were 10 years ago. So that means even the British worker's salary has been muted and that means less income tax across the entire board. That in itself would be hundreds of billions in lost income tax over that 10 year period.

Then you need to look at the strain on public services that mass immigration is having. How the hell can a country look at the issue of say the education system with an open door immigration policy?... How can we sit down and say, 'look... what effect will immigration have on the system in 5 years'?... We don't know, because we have no clue about how many kids we will have at school age in 5 years... We have no clue about if there will be 66 million in the country or 85 million.... we just don't know.

Same with health, housing and all the rest of the infrastructure required for a stable society.

The British are NOT better off with an open door policy, they are worse off by far. It is breeding hatred and nationalism in the country on a daily basis.

Cameron is talking out of his ring. He has promised us 'something big' on immigration for weeks now and we already have been reading about this before he made his speech. So it is nothing new. It was already in the Telegraph a week ago that some of his back benchers advised him to promise a renegotiation with Brussels on sweeping reforms for Britain on the free movement of people across the EU or he would support the 'OUT' campaign in a referendum.... This was to pull the rug out from under Nigel Farage. and UKIP.... But that is if we ever get a referendum on leaving the EU which of course we will not.

people seem to forget that his words in the run up to the last election in 2010 was that he would guarantee the people a referendum on EU membership if they voted for him, and they voted for him and as soon as he was in power we had the all too familiar 'u-turn'. He did it then and he will do it again.

Hecan NOT negotiate the Lisbon Treaty with the EU.... He would need the support of 27 other countries to do that and already he has the disapproval of Germany, the main country that runs Brussels. and When the Germans say NO... they all say NO. When the Germans say NO, there will be no going back. They are straight talking and they would rather see the UK out of the EU than watch the Lisbon Treaty being unpicked.

Cameron is trying to 'out-UKIP' UKIP...... They seem to be taking UKIP's policies as their own one by one..... why? Because they has totally lost the trust of the people and they see the rise in UKIP support as a major threat. They call UKIP fruitcakes, loonies and closet racists..... so why are they stealing their policies????????

What has happened to them in the last 2 by-elections?

Britain is waking up to the mess Labour and the Con/LD coalition has put us in. I hope every migrant who ever claimed a benefit without working gets thrown out of the country and banned for life.

Don't laugh.

This is how these ministers justify their bloated salaries and budgets.... By spinning BS that they made up.

This is what happens when Israel makes and breaks treaties. You can only push a group speak far before they become violent.

Or perhaps blaming Israel for Palestinian terrorism is racist against Arabs?

Did it ever occur to anyone how much further the peace process would have been by now if the Palestinians only used NON-VIOLENT protest methods?

Part of the explanation lies in the profound influence that the anti-Zionist ideology (a system of demonising ideas and representations about Israel and the Jews) now exercises in our culture. At the heart of the ideology is a deeply buried, often unconscious, assumption about the dichotomous natures of Israelis and Palestinians that warps our understanding of the conflict. Here it is:Palestinians (and Arabs in general) do not have agency and choice, and so cannot be held accountable and responsible. Israelis do and can; always, and exclusively.

Palestinians are understood as a driven people, dominated by circumstance and emotion, lacking choice, below the age of responsibility, never to be held accountable. Israelis are the opposite; masters of all circumstances, rational and calculating, the root cause of everything, responsible for everything.

It is, palpably, an Orientalist view of the Palestinians as the Other, except this time they are affirmed as noble savages. Its a bit racist, to be honest. For example, the Liberal Democrat David Ward MP tweetedthat the Palestinian synagogue terrorists had been "driven to madness" - which not only removes agency from them but also sanity.

http://www.telegraph.co.uk/news/worldnews/middleeast/palestinianauthority/11243168/Blaming-Israel-for-Palestinian-violence-is-racist-it-denies-that-Arabs-are-moral-agents.html

Look at a world map from 1947 to now. And then tell me who the invaders are. Israel has been slowly wiping palistine off the map, what should they do? Sit with their thumbs up their butts and take it? Or fight back? I know what I would do. Pick up a gun and fight off the invaders.

I believe it was the Jews that were thrown off their land over 2000 years ago by the arabs. Or at least the then Assyrians.

Well they have been hounded out many times, by the likes of the Romans and Babylonians. But mostly by the arabs.

So there goes your daft statement of endorsement to pick up a gun and fight to take it back, albeit many centuries later.

Hahaha.

This is what happens when Israel makes and breaks treaties. You can only push a group speak far before they become violent.

Hamas have broken just about every treaty that was ever signed between the two... usually within hours.

After this latest spate of attacks on Israelis, I have to say I admire the sense of restraint to retaliate that Israel have shown.

But you can only bottle it up for so long, eventually to have to hit back.... It's a pity the world sits back and ignores all the attacks on Israel, and as soon as they hit back, the whole world rails against them.

Even though if their own country were even just a little bit in a similar situation, these very same people will be screaming 'REVENGE' from the rooftops.

I see there are a few of them on here already.

You really couldn't make it up.

Who writes this trash? Oh, never mind. Not a lot if brain power behind any if this.

What you really mean is that you are not astute enough to understand it... which is quite basic actually and anything but rubbish.

I will wager the USA no longer has any of that gold, as much as it probably no longer has its own gold, which has long been suspected by the US public and that the Fed Res have been lying for years.

You need to ask why Germany has to wait till 2020..... If they had it, they would give it and Germany has the right to demand it in an instant. I see very uncomfortable times ahead for the US government.

I wonder if all this is in anticipation of China, Russia and the BRICS (and probably OPEC) countries about to dump the USD as the reserve currency as well as oil currency?

Makes sense, because it will destabilize a lot of currencies around the world for a while.

But it will collapse the US economy as well as wall Street and the entire US society overnight.

That is how they will bring an end to the days of US dominance across the globe.... Here today, gone tomorrow.

Many experts are tipping this to go down some time next year.

Still waiting for the NACC to pursue a case of negligence against Chalerm and Tarit.

Happened on their watch yes?

20,000 buddah monks and deities and they all failed to protect him from getting caught.

Maybe their power will kick in when he eventually is allowed to slip through the net.