Cont: Brexit: Now What? 9 Below Zero

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https://twitter.com/i/web/status/1168479741491462144

I am just re-reading the @michaelgove Brexit speech of April 2016.

It is simply breathtaking.

If there is a single speech, in all of British political history, that has aged this badly I would love to see it.

It is pure, pure bollocks.
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Quotes embedded in tweet. It's well worth reading the replies, too.

So, if anybody tries to sell you the "will of the people" line, point them towards this and remind them what people actually voted for.
 
The Don said:
Another £25bn found for road upgrades. That magic money tree is really doing well :rolleyes:
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Maybe the entire UK's money supply should be gambled short selling itself. That way all the Brexit giveaway promises can be paid for...
 
Now it's a total of £50bn in spending promises combined with touted tax cuts.

That money tree must be in full fruit
 
The Don said:
Another £25bn found for road upgrades. That magic money tree is really doing well :rolleyes:
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They will also cut taxes and increase spending as a result of the no deal losses brexit dividend. Makes you wonder what the point of austerity was if they now will disregard fiscal prudence.
 
Maybe the plan is to win the next election on the back of these promises and then find, oops, the intransigent EU are denying us the Brexit dividend so they have to row back on the promises and it's all the rotten EU's fault ner ner di ner ner and yah boo sucks to them!

But Boris would still be in #10.
 
A lot of the announced spending is old money that has been announced previously. Any new spending pledges are spread over several years.

It's difficult to calculate how much actual new money per year has been pledged - which is, of course, the way the politicians want it to be.

What most observers continue to conclude is that however generous the Tory spending pledges seem, they're still considerably smaller than those promised by the more left-wing parties.

Certainly if the economy takes a dive - perhaps if Brexit works out worse than they expect - then spending will be reined back: this has happened many times before when an economic downturn occurs.
 
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ceptimus said:
Certainly if when the economy takes a dive - perhaps if Brexit works out worse than they expect - then spending will be reined back: this has happened many times before when an economic downturn occurs.
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ftfy
 
ceptimus said:
Certainly if the economy takes a dive - perhaps if Brexit works out worse than they expect - then spending will be reined back: this has happened many times before when an economic downturn occurs.
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Given that BJ is apparently pursuing a no-deal Brexit, despite pretending to do otherwise, a "economic downturn" would be a certainty. That alone makes any public spending pledges highly questionable.
 
ceptimus said:
Certainly if the economy takes a dive - perhaps if Brexit works out worse than they expect - then spending will be reined back: this has happened many times before when an economic downturn occurs.
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Reducing spending during an economic downturn is generally not a good idea because it makes the economic downturn worse. This reduces tax revenues even further and forces more spending cuts, which reduces tax revenue…
 
Arcade22 said:
They will also cut taxes and increase spending as a result of the no deal losses brexit dividend. Makes you wonder what the point of austerity was if they now will disregard fiscal prudence.
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Maybe they looked across the pond and saw the GOP scream their bloody heads off about the deficit for nearly a decade but once in power themselves, made the situation roughly 50% worse and nobody seems to give a damn.
 
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SezMe said:
I read the article linked by Mark Hobson (a little more than half way down the page). Was he serious or was that just conservative fantasy to sell Brexit?
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That pretty much sums up what all the fuss is about. What did people vote for when they voted for a Brexit. Because it's not what Boris and his backers want.
 
It seems that the government will publish detailed plans regarding Brexit and the Irish border. It seems that their cunning plan to avoid a border infrastructure on the border is to install it near the border :rolleyes:

The government has prepared the legal text of an updated Brexit deal, government sources have told the BBC.

It is expected to make more of the plans public in the next few days, a senior government figure says.

The government has suggested creating "customs clearance zones" in Northern Ireland and Irish Republic, as part of the proposals put to the EU.
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https://www.bbc.co.uk/news/uk-politics-49881345

People on the island of Ireland are less than impressed:

In a tweet, Ireland's Deputy Prime Minister Simon Coveney said the proposals originally reported by Irish state broadcaster RTE were a "non-starter", adding Northern Ireland and the Republic of Ireland "deserve better".

They were also rejected by political parties in Dublin and non-unionist politicians in Belfast, with the SDLP's Colum Eastwood saying there would be "economic and security challenges that are unacceptable".

Lisa Chambers, the Fianna Fail Brexit spokeswoman described it as "effectively a border with a buffer zone" and Sinn Féin President Mary Lou McDonald as "further evidence of Tory recklessness and belligerence towards Ireland".
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Arcade22 said:
They will also cut taxes and increase spending as a result of the no deal losses brexit dividend. Makes you wonder what the point of austerity was if they now will disregard fiscal prudence.
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IMO Austerity was never about fiscal prudence (otherwise there wouldn't have been tax cuts for the wealthy).

Instead it was a continuation of Conservative policy for the last 40 years or so to restrict access to welfare (except for pensioners who tend to vote Tory), run down local services (so people are forced to seek privatised alternatives) and to reduce economic and social mobility.
 
The Don said:
IMO Austerity was never about fiscal prudence (otherwise there wouldn't have been tax cuts for the wealthy).

Instead it was a continuation of Conservative policy for the last 40 years or so to restrict access to welfare (except for pensioners who tend to vote Tory), run down local services (so people are forced to seek privatised alternatives) and to reduce economic and social mobility.
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https://www.private-eye.co.uk/covers/cover-1273
 
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