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Brexit

Is anyone still saying Brexit is good for the economy?

98 replies

Kendodd · 11/04/2023 19:59

And does anyone still believe them if they are?

I have sensed a shift, and that Leave supporters are now saying that they knew Brexit would damage the economy but wanted it anyway. Better to lose on your own than win as part of a team.

Economists for Brexit seem to have disappeared.

OP posts:
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GlobeTrotter2000 · 15/05/2024 10:05

@Hyperion100 Its probably been very good for a very small group of people and terrible for the rest of us

Is that a provable statistic, or a wish?

Hyperion100 · 15/05/2024 10:22

GlobeTrotter2000 · 15/05/2024 10:05

@Hyperion100 Its probably been very good for a very small group of people and terrible for the rest of us

Is that a provable statistic, or a wish?

Well, hedge fund managers who bet against the £ did very well. US investors who want to hoover up UK assets on the cheap did very well. Red tape suppliers close to the government have done very well.

The UK fishing industry didnt do well, neither did the farming and agriculture industry or the manufacturing industry and the UK's ranking in the finance industry has slipped, hospitality has been beaten up. Pharmaceuticals has taken a kicking. When you add that up 100bn per year wiped off of GDP amounting to 40bn less in tax taker per year...I'd say that the vast majority of us have been "done over".

IItisymoi · 15/05/2024 10:33

@GlobeTrotter2000 You forget a dead cat remains a dead cat permanently.
Politics is a never ending game until someone dies
The presentation of Article 50 was indeed voted for by MPs for which virtually NONE read and UNDERSTOOD the massive implications of what leaving a union that had been in continuous development for over 45 years and even 8 years later the many thousands of treaties/regulations that had been signed jointly over the 45 years are still to be untangled and replaced. You question me about 'how many'(have had their lives impacted negatively) well it is everybody.
Revoke Brexit was 'too late' after the A50 was signed and there were so many lies being told that no one knew what would happen. You are obviously too dim to comprehend that the UK is now on a spiral to decline which cannot be stopped and the 'sticking plaster' approach that successive British governments have asdopted since the end of the Victorian era cannot undo the poison that the UK spread around the world during the Victorian era, which will gradually erode any attempts at reconcilliation, or at lerast make things very difficult.

IItisymoi · 15/05/2024 10:41

We need to forget this 'fishing and farming' nonsense as each grouping is only a hundred thousand or more actual voters, so it is the 'other' 17Million who voted to leave so are all equally GUILTY of demanding things that can never happen.

GlobeTrotter2000 · 15/05/2024 10:43

@Hyperion100 When you add that up 100bn per year wiped off of GDP amounting to 40bn less in tax taker per year...I'd say that the vast majority of us have been "done over"

What is the source of the above figures? The latest ONS figures state that the UK economy has grown in Q1 of 2024.

If UK is collapsing, then those countries who have smaller economies must be collapsing by the same amount. Since Brexit, Germany remains the only EU member to have a larger economy than the UK. Not one EU member who was below the UK before 2016 has passed the UK since 2016.

GlobeTrotter2000 · 15/05/2024 11:08

@IItisymoi

The presentation of Article 50 was indeed voted for by MPs for which virtually NONE read and UNDERSTOOD

Where is the evidence that MPs had not read Article 50?

You question me about 'how many'(have had their lives impacted negatively) well it is everybody

So, you personally know everyone in the UK, about 68 million? It sounds like you are applying the (failed) logic, if it is bad for one (you), then is must be bad for everyone.

Revoke Brexit was 'too late' after the A50 was signed

Incorrect. The EU stated on 10 December 2018 that the UK could unilaterally revoke Article 50. This was 20 months after MPs voted to trigger Article 50 on 29 March 2017 and one year before the 2019 general election in which the LibDems included revoke of Article 50 in their campaign.

that the UK is now on a spiral to decline

Read the reply to Hyperion100

IItisymoi · 15/05/2024 11:42

Spiral to decline:
Well lets look at REAL world politics and not just the fantasies of a few Brexiteers on a little island. Also bear in mind that many of the deep underlying damage of Brexit has not become apparent yet. There are repercussions 'hidden' away in so many institutions and agreements that were developed over 45 years and more and meanwhile the Tories are playing 'musical chairs' while UK business that NEEDS to have a viable and workable plan for investment and growth are seeing ever more delays and inaction by UK government which WILL kill off many more companies (or they will be bought and asset stripped) Bearing in mind that many companies around the world, not just the EU are 'surging ahead' with developments in robotics etc while the UK stagnates because NO ONE knows where the UK is headed. Being 'cast adrift' is not very funny when companies NEED reliable and accurate business environment to know where and what needs investment and this is usually a 5 or 10 year plan where the UK government has been 'shooting the breeze' for 8 YEARS. Labour and the Greens/ independents are not in power and cannot know what the state of the UK economy will be until the day after thye General election so several more months at least before ANYONE can make a plan. The best they can manage is a letter to Santa (wishes).
Now stack the world events and changes (wars and trade wars)on top of this (and include climate change as well if you like) and you might start to get a small idea of the problems the UK has to face.

HannibalHeyes · 15/05/2024 11:49

Of course the UK economy is growing faster - it fell further!

Viewfrommyhouse · 15/05/2024 11:51

I can't believe anyone is still blaming Brexit for the economy tbh. Change the record, its been years, and plenty of other factors are now in play, which, shock horror, are affecting every country in the EU as well as the rest of the world. Bore off.

HannibalHeyes · 15/05/2024 11:56

Viewfrommyhouse · 15/05/2024 11:51

I can't believe anyone is still blaming Brexit for the economy tbh. Change the record, its been years, and plenty of other factors are now in play, which, shock horror, are affecting every country in the EU as well as the rest of the world. Bore off.

But only we have the delights of Brexshit to make everything that much worse...

Timspam · 15/05/2024 12:04

The simple truth is most Brexit voters voted for it to take control of our borders not because they don't like Europe and stop our country becoming a foreign nation by 2050, obviously that's only gotten worse so it's not worked at all in that respect.

Kendodd · 15/05/2024 12:26

Viewfrommyhouse · 15/05/2024 11:51

I can't believe anyone is still blaming Brexit for the economy tbh. Change the record, its been years, and plenty of other factors are now in play, which, shock horror, are affecting every country in the EU as well as the rest of the world. Bore off.

Ah! SHUT UP ABOUT BREXIT!
Why? Because its a complete and utter shit show as we were told by experts it would be?
Leave voters got every single thing they voted for. What they don't get though, is me to stop pointing at the damage they've done and shut up.
I suppose at least they made Putin very happy.

OP posts:
LauderSyme · 15/05/2024 12:33

I was a Remainer and engaged in some rather robust conversations (ahem) with Leavers at the time. Most of them said then that they didn't care if it damaged the economy, they wanted it anyway.

HannibalHeyes · 15/05/2024 12:57

Don't forget though, it was all PROJECT FEAR...

LauderSyme · 15/05/2024 13:21

HannibalHeyes · 15/05/2024 12:57

Don't forget though, it was all PROJECT FEAR...

Well yes, one had to first dismantle the walls of denial built by the Leave campaign and get Leavers to admit that erecting trade barriers with a huge, wealthy neighbouring market might be a bad idea.

But even if a semblance of acceptance was achieved, they would shrug and say they didn't care. They wanted sovereignty. It didn't matter to any of them that the UK's economic sovereignty was compromised by global neoliberal trade policy decades ago.

IItisymoi · 15/05/2024 13:42

Since sovereignty is being subject to a 'crown' maybe the Brexitlets who want it should define WHICH of the various European countrie's sovereigns they should be subjected to as it has changed many times over the centuries.
The EU as an institution is largely aloof to sovereignty and works around it through negotiation to achieve better outcomes for all (the majority at least), and lets the more 'batcrazy' countries have their own tantrum safely in a corner as necessary:

ChristmasBarginShop · 15/05/2024 15:12

Viewfrommyhouse · 15/05/2024 11:51

I can't believe anyone is still blaming Brexit for the economy tbh. Change the record, its been years, and plenty of other factors are now in play, which, shock horror, are affecting every country in the EU as well as the rest of the world. Bore off.

Interesting point, please elaborate.

Make a case why Brexit does not have an impact on the current economic status of the UK.

IItisymoi · 15/05/2024 16:13

It is so funny seeing how Brits (Brexiters particularly) seem to think that the UK is actually important and that anyone else would give a damn whatever happened to the UK. The Brexit LIES were reported across the globe in 2016 and for anyone actually interested in the UK it is simply a matter of comparing the lies to what has happenned in reality. Of course the UK government has been so shambolic (if not downright corrupt ) so it is getting hard to work out what is really Brexit related but yoiu can rest assured that the downsides to Brexit will keep on coming, after all it has only been 8 years since the referendum where Rees Mogg announced food and goods would become CHEAPER 'Tomorrow'. There are a lot more problems for the UK in the pipeline as it is now unattractive for foreign investment that would actually benefit the UK workers (salaries) so like the sale of Cadburys many years ago the 'brand' will be taken, the product made cheaper (inedible) and ultimatels sold again for 'scrap value', which is how Disaster Capitalism works as described in Rees Mogg's Fathers book and is the 'working document' for the ERG (remember them?).

ginasevern · 15/05/2024 18:37

I haven't drilled down on the facts and figures but if the previous poster saying we've increased our exports by a huge percentage, or billions of pounds, or whatever then surely the government would be screaming it from the rafters. So too would the Daily Fail. They'd be ramming it down Remainers throats from dawn till dusk. I haven't heard or seen any of this euphoria. Has anyone else?

Brexile · 15/05/2024 18:46

The Guardian's economics editor is a Brexit shill, and I don't believe he has recanted or apologized. I won't click on his articles though.

IItisymoi · 16/05/2024 08:57

Brexit (referendum) happened at a time when most people have cameras and video recorders so the blatant lies of the Leave campaign are easy to 'review' and yet the indecent haste to 'get Brexit done' is so conveniently forgotten by Brexit Voters and collective amnesia is setting in where strangely 17.4 Million people 'didn't vote to leave and they weren't abusive towards those of us who voted Remain, which is bizarre when you can easily find authentic footage of them doing just that.

ToryShillBot · 16/05/2024 09:05

"Brexit" hasn't even started yet - what idiot thinks it has ?

The UK is still bound to other countries by trade and economics. We've got to get rid of that nonsense if we really want to take back control. None of this messing around with the ECHR, UN and all those other pathetic organisations that are clearly against us. That's what Brexit is. It what it's always been.

The UK needs to decouple from everything that is foreign to finally get the sovereignty that befits it's unique place in the world. That's what the Leave campaign promised, and that is what this government is committed to delivering.

LauderSyme · 16/05/2024 09:44

@ToryShillBot Laying out the logical endpoint of extreme Brexiterity like this sounds like such a pisstake; that must surely be a red flag for anyone who thinks it is a serious view?

Maybe if Brexiters all stamp their feet hard enough at the same time they can move tectonic plates apart too?

ToryShillBot · 16/05/2024 09:54

LauderSyme · 16/05/2024 09:44

@ToryShillBot Laying out the logical endpoint of extreme Brexiterity like this sounds like such a pisstake; that must surely be a red flag for anyone who thinks it is a serious view?

Maybe if Brexiters all stamp their feet hard enough at the same time they can move tectonic plates apart too?

This is the sort of traitorous attitude that is squandering the golden opportunities Brexit has afforded the UK - so much negative nelli-ism going on.

The UK needs to leave the UN, WHO, and any other organisation that has other countries in it. Only then will we have taken back control.

Remember 52% of the population wanted this. It's a criminal disgrace that it's not been delivered.

HannibalHeyes · 18/05/2024 01:05

But at least now we'll be allowed to eat and drink on the pavement. What a wonderful Brexit benefit!