odysseus2000 wrote:MotorcycleBoy
Despite voting to Remain, and being a tad depressed about stuff re. our economy, I don't actually think it will be that bad economically. My rationale being that despite any thoughts I may have about why the Leave vote actually did go through, I am also fully aware that a lot of the Brexit backers were big-money-men and capitalist types (e.g. Rees-Mogg) and I don't think they would have been as eager to back the movement had they not had a belief in some £££ coming out of it. But of course if it (£££) does come, it will come as result of deregulation, lower corp taxes, and less "social" spending.
Some money could come from the mechanisms you suggest, but the big money has always come from growth. Carrying forward policies like you suggest as did Osborne and Cameron is almost guaranteed to lead to a back lash and put some business unfriendly guy in charge who believes in nationalisation etc.
I have no real idea what Rees-Moog et al want or expect but this is how I see things.
A post brexit UK has the opportunity to grow with the world's dynamic economies not shackled to a Europe which is currently run by folk who have no concept of secular growth.
Almost none of the popular 21st century wealth creating business are European.
If you contrast that with the US one sees great wealth creators in Apple, Google, Facebook, Netflix, Tesla etc. Even the coffee and fast food chains in Europe are predominantly US based. Why has Europe not got its own version of these?
Sure you can argue that German is prosperous which is true as the Euro is weak due to the effects of Greece etc. Without the weak Euro Germany would not have such profitable industries and meanwhile the flip side is that Greece is in a terrible mess as they need lower exchange rates but are stuck with the Euro which is high for them.
The whole approach of the EU has failed to produce the growth that the US, China. India etc are seeing and has set up major fault lines between the rich north and the poor south.
The EU politicians are so focused on the political unity that they are missing that Europe is declining almost as if their job is about managing what they have, like 1970's UK rather than growing. In the by and by such an approach will lead to big troubles as we discovered in 1970's UK.
Of course many folk disagree and argue that an integrated Europe is a strong and prosperous thing that no one in their right mind would want to leave, but that is not how I see it.
Regards,
What exactly do you mean by “grow with the most dynamic economies”?
I suspect this is just fluffy nonsense.
Most of these economies (though admittedly not all) are growing from far lower bases of GDP per capita than we are. I am right handed. My son is 7. It doesn’t bother me that his writing is improving faster than mine. I have no desire to start writing left handed to give me room to match his pace of improvement.
Germany and Switzerland to name two are far more tied in with the EU than most Brexiters seem to wish us to be. And yet their exports to those economies are far higher than ours? Could it perhaps be because other policy or economic factors are at work than EU membership?