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Evidence shows leving EU lifted price of imported goods, flattened investment and damaged ttrade !


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Posted

2022 was supposed to be a year of recovery. Instead, we find ourselves in December, staring into the eyes of another recession.The war in Ukraine has brought us here, that’s unambiguously clear. The Russian invasion unleashed a surge in the price of energy which has trampled on the spending power of households and the profits of businesses.But in the background, the impact of Brexit is also being felt.

Posted
2 minutes ago, MRToMRT said:

BUT BUT BUT .... we did get a blue colour passport, we did get control of our own borders (ooops but we are not capable of that), we did get rid of the EU laws (errr but reinstated most of them as our laws), we did get an extra 350 million pounds a week to pay for the NHS (so why is it still struggling?), we did make the UK stronger (ooops Scotland wants out and the Northern Irish are in turmoil), we did get our trade deal with the USA (ooops not yet), we did get to cut out all the EU beurocracy and paper work (tell that to the importers and exporters who have gone out of business), we did get rid of an unelected pseudo government (but replaced it with a bunch of rabble in power and opposition that are both efffing useless).

 

What did we get? It continues to confuse me.

Shafted...

  • Like 1
Posted
7 hours ago, MRToMRT said:

What did we get?

Reading the article thoroughly, it seems all we get is estimates.

 

Estimates that will differ depending if the author is Leave or Remain.

 

There us no real way to guage the impact if Brexit alone at this stage. Anyone who knows a little about Economics would understand that.

 

 

  • Like 2
Posted
8 hours ago, youreavinalaff said:

Reading the article thoroughly, it seems all we get is estimates.

 

Estimates that will differ depending if the author is Leave or Remain.

 

There us no real way to guage the impact if Brexit alone at this stage. Anyone who knows a little about Economics would understand that.

 

 

As we have left the EU how a figure based on us being a member be anything other than an estimate. It can't logically be an 'actual'.

 

Whether the author is a 'Leaver' or a 'Remainer' should be irrelevant. The important factors in any model are having a sound methodology and realistic assumptions.

 

It might be too early to gauge the full impact of Brexit, but the initial data almost invariably suggests that it has had a negative economic effect. What reasons are there to think that this trend will be reversed?

  • Like 2
Posted
5 hours ago, puchooay said:

What is there to suggest it won't?

 

The trade barriers erected by Brexit between the UK and its closest and largest trading partner are in place and causing increased costs, choking market access and supply chain restrictions to the Uk economy.

 

While these remain in place they will continue to inflict damage on the UK economy, that’s what trade barriers do.

 

 

  • Like 2
Posted
7 hours ago, puchooay said:

What is there to suggest it won't?

 

Chomper has listed some of the reasons and plenty of data has been presented on numerous occasions in the past to support this view.

 

The justification for Brexit seems to rest on the premise that Remainers can't predict the future. Hardly a compelling argument, especially as this truism applies equally to Brexiters.

Posted
3 hours ago, RayC said:

Chomper has listed some of the reasons and plenty of data has been presented on numerous occasions in the past to support this view.

 

The justification for Brexit seems to rest on the premise that Remainers can't predict the future. Hardly a compelling argument, especially as this truism applies equally to Brexiters.

Exactly right. No one can predict the future.

 

I'm glad we agree.

  • Haha 1
Posted
1 hour ago, puchooay said:

Exactly right. No one can predict the future.

 

I'm glad we agree.

So what the Government do then? Toss a coin to decide future strategy; stick their heads in the sand and hope for the best, or analyse the data and make an informed decision about what is best for the country?

 

The answer seems obvious to me.

Posted
28 minutes ago, puchooay said:

As previously stated. 

 

No one can see into the future.

Doesn't answer my question 

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