Tuesday, November 1, 2022

The FT's trenchant Brexit video

Long time readers of this blog will know that I have always thought that Brexit was a disastrously stupid policy.  This trenchant video by the FT (Financial Times -- not known for its far-left nature) demonstrates just how bad it has been for the UK economy.  Britain is poorer because of Brexit.  As the video says, "it's like a slow leak from a tyre".  Then the neo-liberal ideologues in the Conservative (Tory) Party produced a budget which suddenly led to the tyre blowing out.  Disastrous.  And since no one can admit just how bad it is, it's hard to see how it can be fixed.  Ideology has triumphed over pragmatism, leading to the UK going backward.



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