Toro
Diamond Member
It didnāt have to be that way. But it has been.
Brexit has been a disaster.
nickcohen.substack.com
Also, tariffs, ie ātaxesā are a bad idea.
Brexit has been a disaster.
They would notice that every other major economy suffered from the 2008 crash, the pandemic and the Ukraine war. But only the UK hobbled itself with the self-inflicted wound of Brexit.
As Chris Greyās invaluable Brexit & Beyondreported:
āThe Office for Budgetary Responsibilityās report that accompanied this weekās Budget statement not only confirmed the stagnation of business investment that started immediately after the referendum, but showed a larger and more long-lasting negative impact than it had initially expected.ā
Meanwhile the Centre for European Reform estimated that the trade barriers and import prices Brexit raised had cost the UK economy 5.5 per cent of GDP by the summer of 2022.
The Conservative Brexit taboo pushes Britain into decline
The BBC, business and Labour are silent about the-blunder-that-must-not-be-named
Also, tariffs, ie ātaxesā are a bad idea.