James O'Brien Gets Schooled By An Economist And He Doesn't Like It
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- Опубликовано: 8 сен 2024
- Jonty, a remainer, gives James O'Brien a bit of a lesson in Brexit economics and poor old James doesn't like it one jot.
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So hilarious. When he gets callers on who have no numerical evidence he always asks where's the evidence, when they do have evidence it's 'splitting hairs' and 'pedantic.'
They're both remainers you tit - they're on the same side.
Thomas Thas Irrelevant, the caller was negating a specific argument put forward by O'Brien with specific evidence, regardless of political leaning on the wider issue. You tit.
nik radakovic
And what argument was that?
Also the caller was wrong or at least said something he might not have meant, which might have been the reason for the exchange.
nik radakovic
I found the source for the callers "numerical evidence" ( bruegel.org/wp-content/uploads/2017/03/WP-2017_03.pdf ) and he cleraly didn't understand them, so O'brian was actually right and the caller was incorrect.
@@THOMAS2910able U appeared to listen 2 only a few specific word's ("Now I'm a remainer")
of what the Guy said...He did out forward some specific Calculations&figures and his future forecasts.
You can hear the fear in O'Brien voice when he gets a caller who's not just your ordianry averagely informed punter - when they inadvertently let speak someone with some deeper knowledge - the bumptious bully starts to tremble - his finger over the cut-off button.
I've only heard this O'Brien man 3 times and on all occasions he has talked utter gibberish, rising to the level of shite on occasions.
...way to go James. Limit the debate spectrum to your own narrow preference then shut down the debate when you dont like what you hear. Echo chamber anyone?
Glad other people can see this,, I thought it was just me
James o'brien argues rather than debates. He,s like a spoilt child who's been told he can't have an ice cream.
Either way we have fkd up big time…50bn has become irrelevant, the cost is huge for leaving!!
@@disct1597 have a day off trigger!
@@areyoustupid..... trigger are you stupid? 😂
'I'm getting found out. Better end the call, quickly'
He will have given his producer hell for this. Letting someone intelligent through with an adult approach to brexit.
I think he frowns so much because his subconscious is constantly telling him that his talking sh*t but yet he persists to talk dribble, talk over people and cut them off.
@@CURZED0011 I don't think it's brexit per say. I think he's a spoilt brat. Who can't cope when he doesn't get his own way.
Almost Impossible to find a negative JOB clip on YT because of their bullshit filters. Always LBC or Jedi Watching ( which is probably JOBS account) clips at the top!
Hahaha....I bow to your knowledge.......then hears facts he doesn't like, ......... no I think you're wrong!!! Classic JOB! Feel sorry for the producers letting an informed caller through! Tsk tsk🤣🤣🤣
"I don't want to split hairs or be pedantic"
That's a first.
Exactly Blue Beard...
I always thought being pedantic with the semi-educated instead of dealing with greater facts of the larger picture was his only technique.
sounds like you like listening to him if you know whats classic or not
I've tried .... but find it an uncomfortable struggle.
Only when it suits him.
This was beautiful it honestly made my day and put a smile on my face even after attending the funeral of my best mate who died tragically after a tennis ball hit him on the head. Mind you it was a lovely service. James you got well and truly OWNED.
Lol
You will, no doubt , have noticed O'Brien ended with a preamble, well rehearsed political monologue. The caller was saying that, although he was a remainer, he was confident that the British people would make a good job of it. O'Brien didn't want to hear or the listeners to hear that.
No he was saying "Do the best we can, with WHAT WE GOT". Not in ANY shape or form he saying it's good or it will be fine....You are just hearing what you want to hear.
This guy just won't listen, even to people that agree with him. Priceless.
he doesn't want to split hairs or be pedantic. When he interviewed Jacob Rees Mogg he tried to split hairs for about 10 minutes on beef from Australia, the man is a hypocrite beyond belief
I haven’t studied accounting life’s too short’
Prattles on about brexit after the vote for 6 years
‘I don’t cant to split hairs or be pedantic’
Just lol
Completely destroyed
He’s getting schooled on this debate and he doesn’t like it. Each time he’s wrong he steers the conversation away from him being wrong.
Life's too short = I'm ignorant of the situation but won't admit it as my only trick is remoaning constantly on the radio.
You have studied accounting?
@Dorian Leakey
What a stupid question, you moron.
The question was meant to imply ignorance even though it was completely irrelevant and arrogant.
A stupid question you cannot answer, all this mockery from people like you, because you don't have an asnwer.
The original comment was pretty arrogant, I was not trying to point out ignorance, O'Brien said lifes too short to study accounting, the comment mocking him in response was barely relevant, so I asked the person mocking O'Brien if they had studied the relevant thing, the actual topic he was referring to.
O'Brien is very well informed on Brexit, you may not agree with his conclusions or feel its confirmation bias, but to call him ignorant is wrong.
For someone who knows so little, James O'Brien speaks far too much.
but he knows the PIG will not fly and has said this from the beginning.
You haven’t clue what was said .
He works on a radio talk show? He literally paid to talk, he can't possibly talk too much.
Odd... In this clip James hardly talks
He gets paid per word uttered.
He gets a bonus for offence caused.
Definitely sounds like James O'Brien had serious issues in his childhood, his hissy fits when people challenge him or when her doesn't get his own way. Iv'e stopped listening to him on LBC, he has become very tiresome particularly over brexit.
This conversation proves, if anything, that he has the most remarkable talent for arguing with people he even agrees with.
Little Jimmy OBrien getting a verbal spanking. Priceless.
when did he get a spanking???
Can you link to that?
And why do you post that comment under an unrelated video?
Where?
Just sounded like an interesting conversation to me. didn't hear any spanking. You have a lurid imagination, Mike Dennis.
Classic James O'Brien cut-off when things don't go his way.
Classic if you can't beat them cut them off
I didnt hear him gut him off. And this so called economist didnt cite where his evidence came from and he was in fact wrong.
you must like listening to him to know that
The Remainer had ample time to present his vision but failed to do so.
He was wrong though. And also probably didnt cut him off. Be the guy who edited the video for youtube that did that. If you cant beat him cut him off it seems.
Typical O'Brian; as soon as he realised he couldn't debate the figures against one of his more informed listeners, he tried to maneuver the debate to one of faith? Also, his tedious tendency to say "If I'm wrong and I don't think I am"....is symptomatic of his arrogant narcissism.
John Thomas He doesn’t like himself very much, you can tell by the state of his personal appearance. He has issues, let’s say a sheep on the shoulder. He’s full of negative emotions, anger, envy, hate, self loathing...insecure people like that resorts to either rudeness, bullying, or plain arrogance to be able to live with themselves
"I don't want to split hairs" is his way of saying I don't want to hear the facts and face the truth, lets move on.
The caller is clearly knowledgable and well read and yet James just patronises him
James O' Brien called his book 'How to be Right:...In a World Gone Wrong'...it doesn't get much more sanctimonious than that.
H.J.W i thought it was “how to be a tit”
O'Brien uses to many words to try and mask his lack of knowledge.This other guy wipes his arse with him.
O’Brien is uncomfortable because he knows he’s being run rings round.
I think that if we ever do achieve independence and freedom, one of the single most beneficial things we could do to improve the moral of the country is give James O-brian a one-way ticket to Germany.
O'Brien never admits when he's wrong!
He does so on a regular basis.
doctordonuthin
So you agree with me that he admits when he is wrong on a regular basis and is even happy to admit it?
Thanks for backing me up!
+doctordonuthin
thanks for the compliment.
(also this and the last comment was sarcasm, but I know that translates badly in a comment... my bad)
+doctordonuthin
"your reply as an 'unaware' compliment"
how was what I wrote a compliment? like even an unaware one? I can't see anything complimentory in thete!
But I agree that you do deserve one so here you are:
Thanks for being a good sport and not throughing ad hominems around as so many do now a days. I compliment you on this.
:P
doctordonuthin
Actually I see it on both sides, but of course I see it more often from the leave side, as they are the ones insulting me directly more often, which paints my perspective, but I always try to keep an open mind and not generalize to much and see the leave or remain side as a monolith, which they are not.
Also to correct you, I'm not a remainer. I favor the UK leaving.
Even though I think that many leavers and many remainders are very ignorant towards simple facts, I see it more often from leavers than remainers (but again that might be, because I've just come across more ignorant leavers.)
"I don't wanna split hairs or get pedantic" fucking hell he literally just described himself in a sentence!!!!!!!!
..."10.43 is the time" is not a sufficient reason for bailing out of this debate JOB.....
O'Brien is painful to listen to. Shame he doesn't get this. Wonderful example of an echo chamber; he only hears his own voice.
Obvious that O'Brien cannot keep up with this conversation and so, like most in the media, tries to change the subject to something he feels that he can win and then when that fails he resorts to cutting them off. Great, informed caller!!
2:56 "I will bow to you on matters of accountancy, but I am afraid I will not bow to you on deciding what makes for Interesting and informative conversations that's, that is my area of expertise and knowledge"
What a first class 'Jack ass' comment and couldnt be further from reality!! 😂
Such amateur questions he's asking the guy. Are we gonna be better off? True colours and level of intellect come through
I can’t listen to LBC when this fool is on.
Truth hurts…Either way we have fkd up big time…50bn has become irrelevant, the cost is huge for leaving!!
I love this quote from The Merchant Of Venice, Act 1. Substitute O’Brien for Gratiano, and it sums him up perfectly!
“Gratiano speaks an infinite deal of nothing, more than any man in all Venice. His reasons are as two grains of wheat
hid in two bushels of chaff-you shall seek all day ere you find them, and when you have them they are not worth the search.”
Marvellous!
God this was great.
Sargoon,have some more chrystal meth son.
High praise. I look forward to watching it.
But why?
Sargon of Akkad eh? The video title was very, very misleading.
gareth Jones Well, to be fair, O'Brien was aggressively 'salty' towards someone making a point about O'Brien apparently misunderstanding the 'Brexit Bill', and O'Brien abruptly changes the subject, by demanding "what is Brexit good for" of a self-proclaimed Remain voter.
So the video description isn't *totally* misleading.
Jonty does sound a lot like Boris Johnson, so maybe O'Brian thought this was the Foreign Secretary in disguise
How exactly was O'Brien 'schooled' by an economist? And where in the video does O'Brien indicate he doesn't like it?
He agreed with most of it until the 784B Sterling came up and wanted to know where that figure came from? (I'd like to know as well, I've never heard it mentioned until this video).
The caller also cites a paper he read that was an analysis of the payout - except there is no line item list of the payout - that's not even been decided yet. So I'm not entirely sure what the paper analysed.
And while we're at it, where does the poster get the idea that the caller was an 'economist'? Because the caller's read a paper on economics?
Brexiteers rely on hard short statements that seem true, not the thinking that goes into working out if it was true. His assumption comes out of not paying what were already pay before the £40b divorce bill, which undoubtedly we will pay as we are staying in the single market for 4 years after the activation of article 50
748B...you never heard of this figure!!
@I am the one who flocks
You silly person.
Andrew Jackson I've lost the will to listen to Brexiteers, but I'm glad you'll take all your criminals back from Spain and Portugal.
@Burns
And the hundreds of thousands of law abiding citizens that paid for their houses and pay their way with their pensions.
Let's flood the place with hundreds of thousands of africans that will be forever on the drip eh?
James o'biased hearing unbiased facts, so just tries to shift conversation and talks about what he's an "expert " in ( that needs a thread of its own!) . Would love to see him in an actual debate where he's not in control of the buttons with an intellectual he doesn't agree with.....
I am sick and tired of their stalling tactics, the British citizens voted to LEAVE!
You can vote for pigs to fly, but if that's impossible what happens next
but people voted to leave different things and for it to be done in different ways and some of them want us to leave in a way that doesn't ruin our ecconomy in the process (which i think is fair).
Gabriel Swift my mother voted to leave and I can tell you she had no clue what she was voting for. She was just daft and listening to her eejit friends who also had no idea what they were voting for. She’s mortified when it’s brought up. Personally though, I don’t want another referendum, I want to see the uk fall apart. Why don’t you watch the video ‘Brexit Special ‘ on RUclips.
@@johnstonetiazza4578 well if you want to see the uk fall apart its a good job your side lost then isnt it
god forbid should someone who cares so little for there own country be allowed to vote
@@Sarge92 By definition, all Brexiters want the UK to go down the tube. Some of us are resigned to the fact that we live amongst bigoted, nostalgic, unthinking people who just want to push us off a cliff because they believe in fairies. So we'll have to go off the cliff before it gets so bad we beg to rejoin, this time with the Euro and with no special treatment. At that time, admitting to voting Brexit will be as toxic as having leprosy at a picnic. Can't be bothered to rationally exchange facts as Brexiters are a cultish, irrational, illogical bunch. Why bother? Let's just wait for the Fall, and then watch them humiliate themselves.
Even when james o brian admits he does not understand the subject of which a caller can clearly educate him and the listners on he continues to verbally bully the caller and set himself above all others. We'll done johns from johns wood, you exposed him for what he is a self absorbed bigheaded.
'I don't want to split hairs or be pedantic'.
As I only do that when I know the facts and my caller doesn't, not the other way around 🤣
Notice the way he neatly cuts caller off, when he's just starting to drill down into the facts O'Brien craves when bullying other callers. He wasn't getting the answers he wanted so bye bye clever caller..........
James "Narcissist" O'Brien- the bearded clam.
im not a violent person ...but.....this guy
I agree he's a prick👍👍
I've been saying for ages that the money Treason May is offering the eu is to stay in.
I've heard the UK and the eu owe each other about the same. If this is true and we leave without a deal, then they would cancel each other out and the UK and eu would go their separate ways.
"Have you studied accountancy?" "No life is too short" Well that's a good excuse for not knowing what you're talking about.
GET Schooled and LISTEN O'brian..
I just quote the numbers. Life's too short to understand what they mean.
You are talking about the caller right?
Here is the source for his numbers and he obviously didn't understand them, cause he said those are just payments till 2019, but in the source it is obvious that that is not true. ( bruegel.org/wp-content/uploads/2017/03/WP-2017_03.pdf )
@mark
I don't know where he got it from, but my link goes to a specific analysis using the exact same numbers, so I'm pretty sure that's what he was referring to.
James is the type of person who was hated as a small child ,hated as a teenager and hated as an adult ,he's made a career out of being hated it's his vocation .
James O'Brien, the only broadcaster on radio, who uses andrex to wipe his beard every time he finishes speaking !
You still kicked out of the continuum
The Q-Continuum - only just seen this and can’t stop chuckling! I might even tune in and just imagine him wiping. It would be nice to wipe away some of his smugness!
The problem with people like James OBrien is, no matter what level of knowledge, experience, intelligence and open mindedness they may or may not have, they will almost never agree with you, regardless of how strong your argument is. People like him hate to be wrong, are not man enough to admit it when they are, and quite often get a kick out of disagreeing with you for the purpose of trying to wind you up and being a general cnt. I have met a few people like this in recent years, and after many debates you come to realise that you are literally wasting your time with these people. One of them is at work, we'd get into all sorts of debates, but when I realised he literally disagrees with 100% of my views, which is too much to be coincidence so far as I'm concerned, I stopped entertaining him. There were good points he'd make that I'd accept, yet he would instantly dismiss any good points I made, even regarding a trade I have been doing for 18 years now that he has no experience in whatsoever. On the odd occasion I bump into him on site it's not much more than a hello now. I'd be an idiot to ever debate him again. Debate is healthy, but only when people can admit they're wrong and accept the facts.
Well said. And there are way too many people, like the person you described, these days!
Great caller, I was more interested in what he was saying.
Yeah, did you like the part where he admitted we had punched ourselves in our own face with Brexit? 4:35
Well done jonty, brilliant call
Like how obrian backed out right at the end. Saying that infastructure spending Will be hit. On what basis. Like the Expert forcasts the ones pre referéndum.
Get over it obrian we are leaving.
This guy is the definition of smug. No clue how he got this job.
James O'Brien
The perfect face for radio.....
Unfortunately not the perfect voice....
When he comes on, I turn off..
It's a monotonous dirge......
I think James should relocate to Ireland where he's from and he can be in one of the most eu loving backwaters in the eu.
O'brien likes to think he's smarter than he actually is, anyone that challenges him even with the mildest intellect his true county side appears. Which is very often.
Fifty billion splitting hairs. Unbelievable
Leaving the EU WILL impact on the housing crisis because there will be fewer migrants requiring housing freeing up housing for the English.
ian mann , you really think that the net migration level will keep up to this current degree , it won't more people will be leaving the country than comming in and even those that are only here for a job rather than trying to live here by investing in a mortage rather than renting a 5 bed house between their 8 mates (it is up to those individuals to decide if they apply for a UK passport and become a citizen ) ps no one said anyone is being kicked out , it will be up to those individuals to decide what to do and we'll have systems in place to help them with that choice rather than telling people what to do but the up most importance is adhearing to the countries laws.
so anyone after 2019 that comes in after we've left will be subject to all checks , including finaces and full Criminal checks not just a Quick call to the flipping met office ect .
it is a fact as net migration goes down and if the government put in a order for housing to be made , the cost of housing goes down so does the rent to attract people into renting rather than getting a mortage and the banks will begin to offer lower cost mortages to fill the supply .
except the housing crisis isn't caused by migrants, it's mostly due to a shortage of affordable housing and bussinesses not wanting to build them, the percentage of affordable homes taken by migrants is not that big or the real problem. plus those that are here aren't going and you still get people coming in from outside the EU (so basically what we have already as we always had control over EU migration and just never did anything). what would really fix it is the govenment actually doing something rather than blaming it on scapegoats like they always do. also how are you classing english?so can scotish people not buy homes in britain anymore? can migrent who become english citizens buy homes in britain? if so where are they meant to stay in the mean time?
What a pile of ignorant shite!
O'Brian is the reason I no longer listen to LBC. He was complicit in getting Katie Hopkins removed from the station.
In this call he was clueless.
O'brien and his leftwing interrupting tactics, when someone has a good point.
Either way we have fkd up big time…50bn has become irrelevant, the cost is huge for leaving!!
Ooh, they should have vetted that caller a little more thoroughly
Great work. Thank you .
Didn't get schooled at all and held his own
You wish
Wait, thats not true, we arent paying to stay, we are paying because we said we would.
What depressed me is 50 billion till March 19. 714 billion and a looming housing crisis, which means bank failures.
Ive listened to LBC for several years and found it the norm with there presenters to patronise then cut off the caller when they cant cope with the debate.
I'm listening to this and am wondering what the fuss is about. He doesn't seem to be too exercised about it and it all sounds very civilised.
He couldn’t of been more right. House prices here have gone from comical to criminal.
James's researcher got a warning shot to the back of the head for this caller lol.
James O'Brian was schooled easily!
In what way was he schooled?
He wasnt because he refuses to engage with the facts of the matter. Some people cannot be taught.
It seems Dominic Fastbender also refuses to engage with the facts...
@ fabio Q.
I thought Fastbender gets exactly who O'Brien is. You're obviously an O'Brien groupie
No Bert, I just know the difference between a seasoned economist and an accountant who read some economic documents. And I know the difference between someone engaging with facts and not doing so. I have also listened to O'Brien a lot and he is very open to being dissuaded by a well argued, logical and rational point of view that conflicts with his own opinion. I saw no big point of difference here and certainly nothing to suggest OBrien was "schooled". If you disagree, perhaps you can point out the killing blow? Anything at all where O'Brien is conclusively hoisted by a conflicting argument? No, I don't think you will. That's because people like you don't do detail or logical reasoning, right? Easier to just throw out an ad hominem.
He was not schooled. The caller had not a single fact to support the idea that Brexit could be beneficial.
This "journalist" is despicable!
Truth hurts…Either way we have fkd up big time…50bn has become irrelevant, the cost is huge for leaving!!
James O'brien would have surrendered and agreed to terms with Hitler.
The main point that the caller got wrong was thinking that we enjoy the exact same benefits up until the deadline. As a lot of companies have already jumped ship and more will do so closer to the deadline he is comprehensively wrong. James O'B 1 Caller 0.
doctordonuthin www.thepoke.co.uk/2017/07/11/tweeted-history-britain-eu-gone-viral-funny-infuriating-true/
Any "jump ship" companies should be boycotted if they try to import their goods back into the UK fuck em right off.
Andy McKee What companies have presently entirely left the UK for the specific reason of Brexit?
Stick that photo on the mantelpiece and keep the kids away from the fire.
James would not listen even if it was proved he was wrong he just likes the sound of his own voice but James no one else does again all I heard was you you should have let the man talk then and only then you can have a say
I don’t think he got owned. Not even a little bit.
Been listening to this guy on and off for 2 years and in his defense most of Leave callers are dipshits and believe everything will just be swell no matter what. Im relatively young and believe we will find a way to be competitive economically but we will suffer economically the short term, everything depends on the trade deal we get from the EU and the US. Our biggest manufacturing industries will be up against it but our service industries will probably thrive in a deregulated and lower tax environment. I dont believe we are fucked as James does.
Well, five years on and Brexit has been and is a disaster. Still arguing about the NI protocol, Johnson of all people arguing against the deal he called oven ready. The whole point of Brexit was to stop the far right of the Tories causing trouble. Now we have a far right Tory party divided as never before and looking at years in the wilderness after the next election.
James bore off you got owned big time !!!!!
The title of this video is very misleading. This guy is not an economist, James O'Brien doesn't get schooled and he doesn't get angry.
James says majority of our liability will go towards pension, caller replies by saying "your misinformed" and qualifies this by saying our liability its huge (£86bn based on callers figures).
£62bn of the £86bn will go towards pensions, which in most normal peoples minds is the majority.
Did I miss something???
...so what? He acknowledged the caller was right, the distinction is just not that important to the Brexit discussion. It's not the bill that will really hurt Britain - It's the economic repercussions of leaving the EU.
Can't wait for the day O'biggot's replaced on LBC.
Either way we have fkd up big time…50bn has become irrelevant, the cost is huge for leaving!!
James is a very rude, horrid, person who cannot debate to save his life. It's just interupt everyone "Answer ? Yes or No ?" He can't debate at all & I'm suprised he has a job.
Why does nobody just mention that the EU has never been audited its about as transparent as a brick wall
James, I hear you but I am not listening O'brien. Typical example of a post modernist lemming. That guy was right, we need to look forward and this is a great country capable of making a real success of the future, that is if it is allowed to do so.
You may be right about a great nation and making a success but what is wrong with requesting facts and rationale rather than hope, belief and a leap of faith
Ohh that went over your head james, you just don't want to hear it, and ignore it.
O’Brian seemed clueless against an argument that his caller was quite expert in and debated fluently!
The caller had no idea what he was talking about.
Here is the source for the numbers he quoted and he obviously didn't understand them, which is the reason why O'Brian was so confused / clueless, cause the caller didn't make any sense.
( bruegel.org/wp-content/uploads/2017/03/WP-2017_03.pdf )
I always use the EU's own data for debunking remainer lies. They are loathe to critisize an entity that they seem to idolise. It proved that the £350m on the battle bus was, indeed, fake. The problem was that it was much higher than that. It was about £430m at that moment in time. Non-EU import taxes and a cut of our VAT payments were not included in the original figure quoted.
James O'Brien. Happy to close down the conversation when he's up against someone who actually knows what they're talking about.....what a coward.
Yeah but aren't we already still paying what were already paying to stay in? We still have to pay the "£350m a week" during both the 2 years we are negotiating and then the 2 year "implementation phase" (which is Labour's transition period by another name). That £40b is on top of what were paying but for nothing as we are paying what we owed for the last budget but won't see any benefits for it as we are leaving the single market. That man is less of an economist than I am and he's definitely not a remainer that's for sure
I am the one who flocks agreed. It makes no sense to me.
I am the one who flocks
I can't find it anymore, but I've read somewhere that the divorce bill is actually around 100 bn and the 40bn is just the net (so minus assets and payments that go the other way).
But I also agree, that his statement made little sense, as the idea of the divorce bill was, to talk about liabilities and assets the UK has AFTER leaving (2019), which includes 21 month of membership fees (as the UK has signed up for those), pensions, some science projects, etc.
I think he might have misunderstood the 724 figure, as those might be the EUs liabilities so far and he thought those must be the cost of membership till 2019, but a lot of the money is earmarked for the future.
I am the one who flocks
Also you seem to be confused aswell.
Yes your statements that the UK made their budget payments is true, but the EU has costs that are shifted to future budgets.
Take pensions for example. The EU pension scheme is similar to the UK government pension scheme. The pension is payed from the current budget and not from savings. So when the UK leaves, they have not payed any pension for all the EU government employees future pensions.
It would be like Scotland leaving the UK. The U.K. National debt and pensions for soldiers would have to be split so Scotland pays for their fair share.
Goes from factual to joking when hes been schooled
james the lord haw haw of the EU
James "I just want you to agree with me, or I'll cut you off" O'Brien at his finest.
Basically, as I understand the caller, he's asking what's the 50B to leave the EU for? My understanding is that we'll be paying 350m per week up until the end of transition i.e. 2021? So, we're paying for liabilities up until what date? What's the end date for this terms EU budgetary contributions? Neither the caller or James knew the answer. So who exactly was being school? Nonsense.
We're amateurs at this. This isn't grammar school
+ziggi08able
"My understanding is that we'll be paying 350m per week..."
You never payed 350m per week, as you had a rebate of around 100m a week.
"...until the end of transition ie 2021"
Yes, but as the rebate of 100m is calculated after the fact, the UK will pay 250m (350-100) a week till 2021, but the EU will pay the UK 100m a week till 2022.
"So we are paying for liabilities up until what date?"
Till 2050 or something, but it is more complicated. You pay for all liabilities the UK has signed up to till march 2019. The current EU budget (7year cycle) ends 2021, some science projects like CERN or the fusion reactor go byond 2021 and pension liabilities can go on till 2050.
So the divorce bill is the sum out of everything the UK has said they would pay so far minus everything the EU has said they would pay to the UK minus all assets the UK has in the EU.
I think this is the paper the caller was refering to, even though he obviously didn't understand it. ( bruegel.org/wp-content/uploads/2017/03/WP-2017_03.pdf )
So the EU has liabilites of around 724bn € (including the budet till 2021, as that is the 7 year budget phase) and the UKs share would be 12-16% (negotiable) or 85 to 115bn€. (and the 50B is after substracting the assets)
Why is everyone against James O Brien? The caller never explained HOW it was going to better. Instead of talking about how resilient UK is and siting the Roman times!
Is James O'Brien the only person that doesnt understand what the payment under discussion is actually for and why the difference between his incorrect understanding and the fact of the matter is absolutely fundamental? Where do you guy from there? You dont need to be an accountant to understand the difference. But you do need to not be James O'Brien apparently.
Of course if your using the services you must pay for them until you leave. Why do people even call in to speak to this guy. He is so willfully ignorant.
So you are saying that the divorce bill is solely current and future membership fees until we leave? And you think OBrien is misinformed? What a silly boy you are. Just the pension liabilities alone are very large and extend way beyond our leaving. Try again.
+Dominic Fastbender
How ironic that you say
"He is so willfully ignorant"
while showing that you are the one being willfully ignorant.
I found the source for the numbers of the caller ( bruegel.org/wp-content/uploads/2017/03/WP-2017_03.pdf ) and you can clearly see that it includes payments for future projects and liabilites, base on commitments made by the UK in the past. So very different to what the caller said and pretty much spot on how O'Brien understood them.
Who schooled whom? They both regard Leave as by far the worse policy, partly because of its cost. The caller just falls down because he is defeatist, ignoring the means by which Brexit can be stopped.