he government’s Brexit policy is so chaotic that it is hiding from the voters the results of its own analysis, which predicts a hit to the economy of up to 8% over the next 15 years. Asked why the prime minister was not publishing the study, which has now leaked, a government source told BuzzFeed News: “Because it’s embarrassing.” [...]
But it’s not just the Brextremists who are worried. Patriotic pro-Europeans are also concerned that we would be swapping our current position, where we are one of the most influential players in Europe, for that of a rule-taker. We would lose our votes in the council of ministers, our MEPs, our commissioner and our judge on the European court of justice. That’s losing, not taking back control. [...]
The EU might well agree to these proposals. The snag, of course, is that the Tory Brextremists would have a conniption, arguing that we’d be a vassal state for even longer. We’d also have to pay yet more money for the privilege, as the £39bn divorce deal the prime minister agreed before Christmas only covers our dues until end 2020.
What’s more, we’d probably lose our budget rebate – meaning the extra payment each year would be about £12bn net. Even patriotic pro-Europeans would worry that this amounted to taxation without representation.
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