The left needs to work on its own plan to rebuild the UK economy, that will be easier after Brexit

[barryqwalsh]

In the meantime, there is an opportunity to do things differently, to exploit the policy space that Brexit affords and tackle the structural problems that have plagued the economy for decades. The right has its plan: more liberalisation. It is time for the left to come up with its own vision that would deploy every available policy tool to modernise the economy, rebuild Britain’s industrial space and spread prosperity more widely.
Such a transformation is much more likely to happen outside the EU than inside. That’s because the two most significant UK imports from the rest of Europe – German industrial goods and cheap labour – have helped to bend the economy out of shape by holding back the manufacturing sector and encouraging the growth of low-wage service sector jobs. It is possible to do better than that.


• Larry Elliott is the Guardian’s economics editor


We overdo our respect for the EU. Britain can flourish outside it | Larry Elliott

 

[frigidweirdo]

In the meantime, there is an opportunity to do things differently, to exploit the policy space that Brexit affords and tackle the structural problems that have plagued the economy for decades. The right has its plan: more liberalisation. It is time for the left to come up with its own vision that would deploy every available policy tool to modernise the economy, rebuild Britain’s industrial space and spread prosperity more widely.
Such a transformation is much more likely to happen outside the EU than inside. That’s because the two most significant UK imports from the rest of Europe – German industrial goods and cheap labour – have helped to bend the economy out of shape by holding back the manufacturing sector and encouraging the growth of low-wage service sector jobs. It is possible to do better than that.


• Larry Elliott is the Guardian’s economics editor


We overdo our respect for the EU. Britain can flourish outside it | Larry Elliott

So they want to spread prosperity by going ahead and doing something that limits prosperity.... hmm.....

Britain can do okay outside of the EU, but needs to be able to trade WITHIN the EU to do so.

Why?

50% of UK exports go to the EU. If everything costs the UK companies, then they'll be less competitive and will lose a lot of that 50%.