Originally Posted by
Kent Magpie
Project Fear is Project Here.
Businesses are having a nightmare with paperwork, and bear in mind we haven't implemented half the checks we should have done, because of the cost burden it would put our businesses. A lot have set up European subsidiaries, employing Europeans just to keep their businesses alive. When the hormone treated beef starts arriving from Australia in a few years our farmers won't be able to export meat to Europe without even more stringent veterinary checks. Our fishing industry has been crippled. Remember how we were going to have our own fish and the Europeans would flock to our fleets to get it... we were forced to concede fishing rights and then health checks make our fish unsellable. The truth is, even as the 6th biggest economy (we were 5th at the time of the Brexit vote and we are rapidly heading towards 7th) we will find it hard to thrive because all the other major economies are in big negotiating blocks which we can't compete with. We end up meeting their terms in order to trade (taking back control and sovereignty was another myth - you dance to the tune of the people paying you) or incurring the costs of not having a trade deal. There is very little middle ground when you are the junior partner of the negotiations.
There would be a convincing decision to remain if a vote was held now as it was so clearly a bad decision and demographics are changing which works against Brexit as much as anything. However, we had such a good deal when we were a member with our veto, own currency and rebates, that right now I am not convinced that a vote to rejoin would be successful as we would lose all that. We will eventually rejoin as we will be forced to by economics and politics.
As for us doing better than France and Germany, that could be because we have changed the way we accounted for the impact of covid. Germany and France haven't (yet), so at the moment it is comparing apples to oranges and we just don't know what the true comparison would be.