Tramline

The time for change is now. It’s not much more than a year before a UK General Election. Sadly, we are seeing only reactive thinking from the two largest British political parties. Both bounce off each other like a game of ping pong. There’s a conversation going on across the country about the need for change, but the Conservatives and Labour Party are stuck on a tram line.

“It’s the economy, stupid.[1]” I remember reading James Carville’s book about Bill Clinton’s 1992 presidential campaign. It’s about the great political motivator of how people feel about the amount of money they have in their pockets. Probably shouldn’t put it like that anymore since we tap every purchase with a card and local bank branches are closing. Cash is no longer king.

As an example of the terrible economic damage that Brexit is doing, we need only look at trade figures between the UK and Germany[2]. There’s been a huge fall in trade between the UK and Germany during the first period of the post-Brexit trading relationship. So far, the impact of the EU-UK Trade and Cooperation Agreement (TCA) has been negative.

Knowing the facts, the Conservatives and Labour Party still parrot the nonsense that they know how to make Brexit work. It’s a peculiar dance around an economic corpse. Where both political parties point fingers at each other for ruining the dance.

Except for trade specialists, the British media are being inarticulate about the failings of Brexit. It’s as if there’s a distinct fear of being called out and ostracised. Many of those who should be speaking out are sitting on their hands. Maybe this is the dull precursor to change since we don’t know what the public mood will be in a year’s time.

Brexit does not negate the facts of geographic proximity, globalisation and decades of close economic partnership. Close European links will continue and need to be nurtured. Politicians who have wilfully attempted to destroy the bridges built between the UK and the EU belong to the past.

A Government that continues to endanger more than just back pockets and living standards shouldn’t win another term of office – should they? Will people vote for candidates who plan to improve our dismal economic outlook? Those who will tell the truth about Brexit. Today, neither the Conservatives nor Labour Party are telling the truth.

POST: What can we know about the cost of Brexit so far? | Centre for European Reform (cer.eu)


[1] https://en.wikipedia.org/wiki/It%27s_the_economy,_stupid

[2] https://www.bbc.co.uk/news/56347096

Author: johnwvincent

Our man in Southern England

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