Mark Carney says that the fall in our GDP, the rise in interest rates and the current high level of inflation is due to Brexit.
There’s a surprise!
Isn’t that what we were saying would happen?? We were labelled Remoaners! Gove Johnson, Cummings, Rees-Mogg and the rest of the profiteers called it Project Fear!
Well Project Fear has become Today’s Reality!
While the greedy bunch of selfish, greedy Brexiteers gained fortunes and power, the rest of the country is going to pay with another decade of austerity and more cuts to our already heavily damaged public services. Johnson became Prime Minister and is now putting millions into his bank account, Rees-Mogg made millions, the rest of the ERG made their money, gained power and ousted anyone who didn’t agree with them. They took over the Tory Party and turned it into a cult. Now the country is broken. We’re heading into Third World status. Poverty is becoming the norm. Food Banks and Warm Spaces are springing up nearly as fast as millionaire tax evasion accounts in the Cayman Islands.
This is the Tory Britain that the British electorate voted for!!
A country where inflation is fighting with a recession.
Cameron sponsored this madness. Johnson, Gove and Cummings lied and hoodwinked the public. May made the mistake of giving in to the ERG. Truss was just stupid. Now Sunak, the billionaire who pushed for this extreme form of Brexit, is pretending it’s all due to global forces. Some of it is – but a major factor in our dramatic decline is Brexit!
Comparison between us and Germany shows that our economy has suffered greatly.
Mark Carney, the former head of the bank of England, begs to differ. He says it’s Brexit!
https://www.independent.co.uk/news/uk/politics/brexit-interest-rates-mark-carney-b2217589.html
Compared to the pre-pandemic level, UK GDP in Q2 2022 was 0.2% lower (this figure was recently revised lower). This compares with Eurozone GDP being 1.9% higher than its pre-pandemic level, while US GDP was 3.5% higher.
We’re in a self-perpetuating mess of our own making.
It’s easy to put right – REJOIN THE SINGLE MARKET!!!!