Sunday, February 04, 2018

Trying to make sense of Brexit.

Late Sunday, and writing 400words for Oswestry and Borders Chronicle. Am off to London early so hoping any Facebook friends will correct any grammatical howlers.!

“There is so much written and debated about the UK leaving the European Union that even I’ve had enough. I can well understand why so many of us are confused about what’s actually happening. So let’s recap. At the Referendum  on 23rd June 2016, the voters of the United Kingdom voted 52% to 48% to Leave the European Union. Over 17 million of us voted Leave, the biggest popular vote for anything in British history. We are leaving the EU. We are leaving the Single Market. We are leaving the Customs Union. We are taking back control of our borders. We are taking back the power to make our own laws. There will not be a second referendum. All this is settled. But there are many secondary issues that are not settled. And there is uncertainty about how much difference there will be!

Leading up to the Referendum, many voters told me they were unsure about which way to vote. I sympathised. Although I eventually decided to vote Leave, it was after much soul searching and with much uncertainty. On one hand I did not want the UK to be governed by an unelected bureaucracy in Brussels, while on the other hand, I knew there would inevitably be uncertainty about the future. I found it a difficult call, not helped by the appalling standard of the both campaigns, but particularly that of the Remain side. Despite the remain case being put by the Government, backed up by the entire Civil Service, the Bank of England, the CBI, the EU, world leaders including the US President and the entire UK establishment, I found myself not believing a word that was being said. At the time, I found this quite shocking. I’d never felt like that before.
We were told a Leave vote would deliver “an immediate and profound economic shock” with a sudden GDP contraction. The GDP actually went up. The Treasury told us there would be “4 quarters of negative growth”. Growth has been positive ever since. We were told unemployment would rise 820,000 after a Leave vote. Last week unemployment reached a 42 yr low!
The reason this is interesting this week is that last week, a report was ‘leaked’, which we’re told had been written by Treasury and Cabinet Office officials again warning of massive negative economic consequences. I’m sure they have been written with their usual honourable dedication and integrity. As they were last time. We will all have to make up our own minds about whether we agree or not.



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