- Joined
- 17 May 2012
- Messages
- 10,814
- Reaction score
- 859
- Country
Project Fear Mark XCVIII
Calling it project fear does not change the fact that it's economic suicide.
"The overwhelming weight of independent economic opinion – from the IMF to the OECD, from the LSE to the IFS backed up the threat that Britain would suffer an immediate economic shock, and then be permanently poorer for the long-term."
".. fixing the public finances would only happen if politicians abandon the economic orthodoxy that assume markets determine our fates, and take active responsibility for the state of the economy. If they roll up their sleeves after Brexit and choose to invest in skilled, well-paid work to meet society’s, the ecosystem’s and the economy’s urgent needs. If they don’t, then expect the economy to weaken, and public debt to rise, as it has these last ten years."
http://www.primeeconomics.org/articles/the-economic-consequences-of-brexit
I have not yet read a single report of how a hard brexit followed by a tory government can be good for the economy. If somebody could share it, I'd be very grateful. Just saying "we're strong, we'll sort it out, we're better on our own" is not an explanation. It's just Project Overly Optimistic.