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Thread: Brexit NHS Funding Promise broken

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  1. #22
    master of the pwniverse Member Fragony's Avatar
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    Default Re: Brexit NHS Funding Promise broken

    Quote Originally Posted by Pannonian View Post
    The conditions are already known. For access to the common market, the UK must accept the four freedoms as a package (as a minimum, plus membership fees). Freedom of movement was the main reason for the Leave vote (hence the recent rise in xenophobic, racist and homophobic attacks, with the far right encouraged by the vote), which the Tories have said they won't be compromising on. So the four freedoms won't be accepted by the UK government, which means the UK will lose access to the common market. Which is a bugger for exporters, as 50% of our exports went to the EU. It will mean stuff from the EU will increase in price, thus driving up prices, while wages will have to go down in order for exporters to absorb tariffs whilst remaining competitive. Tax revenue will also go down (quite drastically) as financial services leave the UK for places with access to the common market.

    All of that was known before the vote. And Frag will hand wave all of that away with "You'll be fine" and "It's worth it".
    Your exports will be cheaper and you think that is a bad thing? Nobody is going to kick you out of that 50% of exports, that's hysterical scaremoning, that common market will still be there. The UK will only be releaved from a very costly overhead and the EU knows it. Eurocrats tend to forget that Europe is a continent and the EU a political construction. These exports do not go to Brussels. They go to Europe. And yes some things will be more expensive.
    Last edited by Fragony; 10-25-2016 at 10:29.

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