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Brexit, the four directions: nadir

The EUref results map

EU Referendum Results Map

Last week, I wrote and posted a series about the four possible directions the UK can go from where we are.

From a worm’s-eye perspective, the fourth option is least-worst: but the people most likely to face negative consequences for carrying it out and saving the UK from catastrophe or disaster, are the same MPs who would have to vote for it.

And regardless of how bad it is for us in the lower income bands, MPs are all in the top ten percent by income just from their salary: they have a generous expenses system, heavily subsidised food and drink at work, complete job security until the next general election, and a nice golden parachute even if they lose their seats then: they will not directly suffer from the economic disaster of soft Brexit, and though the catastrophe of hard Brexit might hit them, they’re better insulated against it than most.
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Filed under Brexit, EU referendum, European politics, Politics, Tax Avoidance

Brexit, the four directions: part 2

Boris Johnson in front of a Take Back Control posterThere are four ways the UK can go from here with regard to Brexit, and all of them are bad. Read the first direction: hard Brexit, or no deal.

Second: soft Brexit, the EU’s deal

Hard Brexit will be unthinkable catastrophe for the UK, and cause some damage to each of the EU-27 countries. EU-27 are prepared and ready to offer a deal to the UK, but as EU-27 are better-prepared to negotiate, have better negotiators, and are in a stronger position (they can survive the damage done by no-deal Brexit; it is uncertain whether the UK can or not) the deal for the UK on leaving the EU will be set in terms that will favour the EU.
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Filed under Employment, EU referendum, FairTrade, Politics