Brexit’s Lasting Damage Is Looking Inescapable
Brexit’s Lasting Damage Is Looking Inescapable
By almost every economic and financial measure, parting ways with the EU almost eight years ago has been disastrous for the UK. Is there no end in sight?
Poor Scotland. They voted against Brexit, but were dragged into the quagmire by England.
38% of Scotland voted to Leave. 44% of Northern Ireland voted to Leave. 52% of Wales voted to Leave.
The idea that this is merely a mess of England's making is a little unfair, because there's plenty of blame to go around; Why did 44% of people in Northern Ireland think leaving the EU would be a good idea?
They pushed a question on people that they had no real ability to answer, and then forced us to answer that question with what was essentially a Yes/No answer.
Why did 44% of people in Northern Ireland think leaving the EU would be a good idea?
I mean that one's easy, they wanted to break the Good Friday Agreement and put up a border in Ireland. Didn't work out for them but they managed to break it anyway by going into government with the Tories.
And Wales don't let them off the hook
Depends on your perspective. Brexit has been great for the Kremlin, not that they had anything to do with it...
They definitely helped it happen.
Our GDP per capita and productivity have been underperforming since 2003. There's more going on here than just Brexit.
Please provide a source.
According to Worldbank GDP/capita increased from '94-07, dove with the financial crisis, rose again until 2014, and then dove with Brexit, then dove with Covid/hard Brexit. Almost recovered 21, but is currently trending slightly downward, probably hobbled by war making recovery efforts difficult.
Brexit seems to have set the economy back about 5-6 years of growth, and is also dampening new growth (making recovery slower).
The data does not support your conclusion.
Sure! Here's the ONS data for GDP: https://www.ons.gov.uk/economy/grossdomesticproductgdp/timeseries/mwb6/ukea
Here's the ONS data for Productivity: https://www.ons.gov.uk/employmentandlabourmarket/peopleinwork/labourproductivity/timeseries/lzvb/prdy
I was wrong on my dates; however. It's more like 2008 rather than 2003, so ties in with the financial crisis.
You also miss my point. I'm not arguing whether Brexit did or didn't affect our economy, I'm pointing out that the data shows we had economic issues long before 2020, and so pointing the finger of blame solely at Brexit is missing the wider picture.
Also, whilst I don't disagree re. your comments on recovery, it's worth bearing in mind that Foreign Direct Investment in the UK remains respectably high as of 2022: https://unctad.org/node/41440
Here you go...
It's a convenient scapegoat for the neoliberal political class, since it was the only decision actually made by the people. It allows them to throw all the blame on the working class, which they love doing anyway.