As Minister for Brexit Opportunities, it’s a sophisticated duty to seek such opportunities. One of the few he has thought about is the opportunity to abandon EU rules on vacuum cleaners, making them stronger and less environmentally friendly. I do not invent that either. Why does cartoonist Lord Snout’s favorite character face such problems? The answer is to look at him and British business: Brexit is proving to be an uncontrollable disaster and has serious catastrophic consequences for the economy. It exacerbates the problem of inflation and has such a drastic impact on output, and therefore on living standards, that the Organization for Economic Co-operation and Development predicts that the UK will be the worst-performing economy in the G20 next year, except, Russia. Our formidable Prime Minister – still in place as these lines are being written – is talking about growth and investment. But the truth is that investment has collapsed under Brexit, a development that is not a sign of growth. As the saying goes, “those whom the gods want to destroy, first drive them crazy”. When the Conservative chairman of the Communities Defense Committee, Tobias Ellwood, recently pointed out, re-entry into the single market, was disapproved of by his fellow Tory MPs. And the Labor Party has an absolute appetite to refuse to face the Brexit issue head-on. At no point, despite her frustrations about the EU and her many battles (which she won!) Did Mrs Thatcher ever want to leave the EU? The Brexit brigade, and those who fear them, need to keep in mind something that Lord Powell, Margaret Thatcher’s close adviser for many years, reminded her audience at a meeting of the Philosophical Society of Wu week. He said that at no point, despite her frustrations with the EU and her many battles (which she won!) Did Thatcher never want to leave the EU. It was too naive to estimate that, after combining the work of Thatcher herself and Prime Ministers John Major and Gordon Brown (especially when the latter was Chancellor), the United Kingdom enjoyed, according to in the words of George Soros, “the best of both. worlds “to its members in the EU Unfortunately, the Brexiters managed, with a lot of deception, to deceive the narrow majority of those who voted in this fateful referendum to choose to leave. Now, back to the gold standard in 1925. The economic significance of this was that it entailed a gross overvaluation of the pound and had a drastic impact on our exports and production, thus exacerbating the unemployment crisis of the 1920s. which Winston Churchill, Chancellor of the Tories in 1925, regretted for the rest of his life. However, it did no good for the fortunes of Ramsay MacDonald’s Labor Government of 1929-31. But, but, but… was reversible. Foreign exchange events forced the United Kingdom to abandon the gold standard in 1931, under the National Government. “Nobody told us we could do that,” Labor politician Sidney Webb said. Brexit is also reversible. It is not good for Lord Mandelson to advise the Labor Party that its results can be “mitigated”. or believing that Labor, if elected, can “make Brexit work”. Brexit does not work and it is obvious that it can never work. Commentators constantly ask: what is Labor plan? Well, I can offer a plan: Labor should take the ball and run towards an open goal. It should highlight the daily damage that Brexit is doing to this rabid country and the reasons: the Brexit Conservatives! (This damage is manifested, among other things, in the recent fall of the pound. There is a difference between the catastrophic consequences of a currency appreciation in 1925, and a dip like today, which makes the nation poorer.) The Labor Party’s approach to Brexit seems to be, in the words of the Suetonius, “fast-paced” (“festina lente”) towards an approach to the EU. In my opinion, it should be accelerated, while Johnson’s like the bankrupt Hemingway’s The Sun Also Rises, it broke “in two ways: gradually and then suddenly.”
