24 June 2019

The Observer view on Boris Johnson’s Brexit fantasies

When politicians can spread untruths with little accountability and few electoral consequences, an irreversible rot starts to set into the political system. There’s no greater indicator that this is happening in Britain today than the fact that a man within spitting distance of Downing Street is getting away with deploying utterly misleading information about what might happen in the aftermath of a no-deal Brexit, in order to strengthen his leadership bid. [...]

Johnson’s claims contradict the views of trade experts. The House of Commons library summarises it thus: “Trade law experts have repeatedly and authoritatively dismissed the view that the relevant rule offers an easy solution to UK trade with the EU in the case of ‘no deal’.” So Mark Carney, the governor of the Bank of England, was entirely correct to reject Johnson’s assertion. If there is no withdrawal agreement when Brexit happens, Britain and the EU will have to trade under WTO tariffs, unless they choose to lift tariffs for other countries. [...]

A no-deal Brexit will have destructive economic and political consequences for the country. The government’s forecast is that it would depress GDP between 7.7% and 9.3% over a 15-year period and it is the least affluent areas of the nation that will be hit worst in terms of jobs and growth. Moreover, a no-deal Brexit risks the breakup of the UK; it would increase the pressure for a vote on Irish unity and fuel the campaign for Scottish independence. This does not seem to worry the Conservative members who will select our next prime minister. One poll last week suggests they are so ideological about Brexit that they are happy to countenance significant economic damage, the breakup of the union and the destruction of their own party in order to see it happen. Johnson is currently expected to secure a comfortable victory among them, despite the fact that 40% believe he cannot be trusted to tell the truth.

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