I see that our Foreign Secretary, Dominic Raab has shrugged off the problems of Brexit as short term inconveniences, some deliberately imposed by Brussels, which the Government is working day and night to solve. He has his eyes firmly fixed on the future, in particular 10 years in the future, when the benefits of Brexit will be felt. We will by then all be trading with the Far East much more. Why like Germany, we can’t do that while inside the EU, is never asked nor answered.
People, firms and economies do adapt to changing circumstances, although they don’t normally have to do so because the government has deliberately set out to make things more difficult for them. Meanwhile the economic damage on the way will be real and painful. We know that because the Treasury’s own economists told us so, the benefits of new trade deals on the other side of the world will add 0.1% to growth, screwing up our trade with the EU will cost 5%.
If those figures are wrong or have changed the government can have them re-calculated at the drop of a hat. If it doesn’t trust its own experts, it could commission an independent report by an outside body. Perhaps even the OBR, which was set up specifically to check the government’s calculations.
But that isn’t going to happen. As good lawyers are taught on day one—- never ask a question you don’t want the court to know the answer to.
https://jonty.substack.com/
I must say that I hope that the problems after Brexit do go away over time we will see.
Germany has its own problems this weekend shutting its borders with Austrian Tyrol and Czech Republic due to Coronavirus outbreaks there & were told off by the EU. Did it bother Germany? NO - they told the EU where to go - shame we don't appear to be able to.
And as for your sums of 5% & 0.1% you really are a remoaner extreemist aren't you?