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Brexit

See all MNHQ comments on this thread

Am I unreasonable to be pissed off the Remain campaign lied/exaggerated

119 replies

John1967 · 02/09/2016 18:46

I have been following the brexit in the news and I voted remain, because I was worried my job in an multinational would be lost.

Since then the company has NO intention of moving despite bosses telling us to vote remain. I was told by remain campaigners and by pro eu people the uk would be in recession and that hundreds of thousands of jobs would be lost etc etc.

None of this is true at all now a few months has passed we haven't heard of really much impact. The ftse is up, employment is up and today construction is better then expected. House prices have dipped a little bit 2-3% but are expecting to rise again after Xmas.

The govt should be investigating both sides for being deceitful but especially remain. Yes the stock markets crashed the days after but apart from that nothing has changed and consumer confidence is at an all time high.

I would have voted leave if I'd of known and so would have many people I know who were feared into voting remain.

OP posts:
WrongTrouser · 03/09/2016 11:33

"What a transparently brainless and goady thread Hmm

Even the other regular Leave posters on here can come up with better drivel that this."

Your post on the other hand Song is an example to us all of a non-goady, constructive, intelligent and respectful contribution to the discussionGrin

TheElementsSong · 03/09/2016 13:10

Wrong, despite us being most definitely on opposite sides of the divide, surely you can acknowledge that there have been plenty of "non-goady, constructive, intelligent and respectful" contributions on numerous other threads on here. What of any worth has the esteemed OP added to the issue at hand? Unless you are implying that any old bollocks is highly worthy as long as it's in favour of Leave?

WrongTrouser · 03/09/2016 14:15

Song, it wasn't your first sentence I was taking issue with, it was the second. I agree there have been plenty of intelligent etc etc posts on both sides of the argument. Perhaps I was reading too much your "better drivel" remark but I read it to be a general pop at regular leave posters. Now I read it again, I see that it may not have been: apologies if this is the case and I withdraw my comment.

smallfox2002 · 04/09/2016 00:31

Voting leave because of sovereignty and then the government say that parliament can't vote on Brexit.

Hmmmmm.

Oh and OP nothing has happened, except the pound tanking, it isn't recovering, it is still at 30 odd year low and has been since the day after the vote. The Forex is the one to look at not the stock market, because the Forex rates indicate what foreign investors think about the future of the economy. The stock market has realigned, and all of the top value companies are now those that receive a lot of their revenue in currencies other than GBP, the rest of the stock market recovery is heavily based on the BOE package of QE, loan guarantees and lowering the interest rate.

None of the other "predictions" can be taken as lies because we haven't left yet and all of them were based on actually leaving.

Peregrina · 04/09/2016 08:06

George Osborne promised a 'punishment budget' and I don't think that was a lie, but he got the boot, so could not deliver. We need to wait to see what Hammond's 'resetting' is about. It could easily be a punishment budget in all but name.

Was Cameron's promise to stay on and invoke Art. 50 immediately a lie? I think not myself; he just didn't think it would happen, so it was some glib words tossed out in the Cameron manner of tossing out inanities.

STIDW · 04/09/2016 12:17

Fortunately BoE, IFS etc identified the risk of a Leave vote & were able to stabilise the economy in the aftermath of the EU Referendum. Apparently the first few days were turmoil on the trading floor, as bad as 2008. This time the BoE was prepared & shored up the economy with £6bn which helped stabilise the £ in the first few days. Later interest rates were reduced.

We won't know the impact on our economy until at least several months data has been collated. On the positive side stock markets have recovered & the low £ has led to an increase in exports & tourism.

On the negative side a low £ means holidays abroad, imported raw materials, food, medicines, medical equipment etc will cost more. UK only produces 60% of the food we need so prices are increasing. Because the £ is low other countries may buy food from us causing shortages & price rises of food produced in the UK. Eg apparently China has a shortage of pork & because the £ is low it has being buying our pork so bacon prices in the shops is about to go up by almost 20%.

Since the referendum annuity rates on pensions have gone down so anyone taking out pensions now will receive considerably less income than they would have done before the referendum.

Liam Fox this week said something about most of our foreign investment coming from the US. Most of our investment did come from the EU & I can only assume he didn't mention EU investment because it has decreased dramatically. If it has it will have a negative impact on jobs.

Longer term no new trade deal is likely to be better than the one we have with the the EU & we can't start negotiating them until we have a withdrawal agreement. So when/if Art 50 is triggered it will probably create more uncertainty & turmoil. In the meantime it seems negative news is countered with positive news in an attempt to shore up confidence.

Remain campaigners may have spun & exaggerated the risks of leaving but it was Leave campaigns who knowingly misrepresented the key issues & did a U turn the day after the referendum. No other politicians have done that to the same extent since Antony Eden conspired & lied to Parliament in the 1950s.

Peregrina · 04/09/2016 12:58

I think the immediate U turns are the giveaway - they knew they had lied and were shameless about it.

I will give Gove his due, he looked like a guilty six year old caught raiding the biscuit tin when the result was announced, but was at least prepared to stand for PM. I suppose I have to give reluctant credit to Leasdom here too. But BoJo? As big a disgrace as Cameron IMO. What exactly is BoJo doing now? He has been mighty quiet despite his high ranking opinion.

rookiemere · 04/09/2016 13:29

peregrine apparently Bojo gave May a stiff letter outlining what he believes should happen as part of Brexit.
Might have been a bit more useful if he'd formulated these opinions straight after the Brexit win, rather than leaving the country to flounder in a vacuum.
Given that he has no leg to stand on, I'm rather impressed with her restraint, I'd be rather tempted to tear up his missive and tell him where to stick it, but she's clearly playing the long game and waiting until he messes up enough to be shunted off to the green pastures. Can't wait for that day, but rather hope he doesn't manage to screw up our country any more before he does it.

Mummyoflittledragon · 04/09/2016 13:34

".... rather hope he doesn't screw it up before he does" (Bozo - before he leaves office).

Unfortunately I believe that ship has already sailed. May is riding on it and headed for the choppy waters of the Brexit Straight towards the Precipice of No Return.

Mummyoflittledragon · 04/09/2016 13:35

Oh sorry I misquoted you rookie. Got carried away.

smallfox2002 · 04/09/2016 13:35

Bojo is in fantasy land now though, he thinks the EU will give us full access to the common market without any constraints on the UK. No paying in, immigration controls, no applying EU laws.

It simply won't happen.

The idea that this is going to be some gunboat diplomacy negotiation with the EU kowtowed by the might of Britania is ridiculous. The EU hold the much stronger hand, Boris knows it, May knows it, all of this "brexit means brexit" stance is just pandering to the blue rinse brigade in their own party. If they don't get what they want, then they will still be able to point to the wicked EU and blame them, rather than their own inadequate policies.

JudyCoolibar · 04/09/2016 14:06

apparently Bojo gave May a stiff letter outlining what he believes should happen as part of Brexit
Might have been a bit more useful if he'd formulated these opinions straight after the Brexit win, rather than leaving the country to flounder in a vacuum.

Even more useful if he'd done so before the Referendum rather than devoting his energy to spreading outright lies.

Sillybillybonker · 04/09/2016 14:17

Both side made stuff up.

Peregrina · 04/09/2016 14:25

Apart from osborne saying that each family would be £4300 worse off, I don't think there were the same outright lies from the Remain camp. Osborne's predictions may yet come to pass, but BoJo, Gove and Gisela Stuart knew that £350 million a week for the NHS was a blatant lie. They knew that Turkey had a fat chance of being accepted into the EU in anything like the near future.

smallfox2002 · 04/09/2016 15:25

The £4,300 a year was probably a bit intangible, and as other people will no doubt point out, it was based upon a fall in GDP per household now, not on the number of households that there are estimated to be in 2030.

However, its in no way as disingenuous as the 350 million figure.

STIDW · 04/09/2016 15:41

Treasury officials produced a report using mathematical models to estimate the effect of leaving the EU on the size of the UK’s economy. Osborne's £4,300 figure was based on the UK having an agreement like Canada has with the EU.

The probability forecast was that the UK economy in 2030 would most likely be 6.2% (avg between 4.6% & 7.8%) smaller than it would have been if we stayed in the EU. £4,300 is what that 6.2% would be divided by the number of households in the UK.

The actual figure won't be known for another 14 years but forecasting the direction of travel is useful even if the specific numbers aren't reliable. Eg we can trust a doctor telling us not to eat junk food without demanding they predict exactly what our weight will be next year.

smallfox2002 · 05/09/2016 12:58

I know how it was calculated, but they divided it by the households in the UK now, not the number that there will be in 2030, some might say that it was for political gain to fudge the figures.

RufusTheSpartacusReindeer · 07/09/2016 15:55

what a load of crap, I've visited three Eu counties in recent months. Italy, France and Czech Republic and have not faced any additional screening.

So you didnt go to Alicante, and have no idea what happened in Alicante

And like many others

We havent left yet

STIDW · 12/09/2016 22:44

Yes but like the pound shares are rising. Yes it's still lower but it is making a recovery.

It's far too early, we wont know the impact of the initial shock of the referendum until data for several months has been compiled. At the moment data coming through includes figures from before the referendum. When we actually leave there is likely to be further uncertainty & turbulence. It could be several years before we start trading under new deals & can make actual before & after referendum comparisons.

Weak currency is synonymous with high equity prices & vice versa. After the referendum the GBP fell. US funds bought shares whilst they were cheap so prices increased above the pre referendum level. Now as the £ has risen slightly shares are likely to fall back. Today GPB/USD = 1.33 & FTSE100 closed at 6700 down 76 points.

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