“The Treasury’s analysis shows that the UK would be permanently poorer if it left the EU”
Analysis of the long-term economic impact of EU membership and the alternatives has been published by the Treasury.
This document assesses continued UK membership of the EU against the three existing alternative models:
- membership of the European Economic Area (EEA), like Norway
- a negotiated bilateral agreement, such as that between the EU and Switzerland, Turkey or Canada
- World Trade Organisation (WTO) membership without any form of specific agreement with the EU, like Russia or Brazil
The Treasury’s analysis shows that the UK would be permanently poorer if it left the EU and adopted any of these models. Productivity and GDP per person would be lower in all these alternative scenarios, as the costs would substantially outweigh any potential benefit of leaving the EU. The analysis finds that the annual loss of GDP per household under the three alternatives after 15 years would be:
- £2,600 in the case of EEA membership
- £4,300 in the case of a negotiated bilateral agreement
- £5,200 in the case of WTO membership
The negative impact on GDP would also result in substantially weaker tax receipts, significantly outweighing any potential gain from reduced financial contributions to the EU. After 15 years, even with savings from reduced contributions to the EU, receipts would be £20 billion a year lower in the central estimate of the EEA, £36 billion a year lower for the negotiated bilateral agreement and £45 billion a year lower for the WTO alternative.
Extract from GOV.UK website
Vasily Vereshchagin The Road of the War Prisoners, 1878-1879.
Oil on canvas, Brooklyn Museum. Image source: Wikipedia
The Conservative Party enforcers put the screws on elected representatives known to be in support of the Repeal Bill that begins the unravelling of the UK’s laws from EU legislation.
The parliamentary party Whips are euphemistically described as “team managers”, which must explain the reluctance of this blogger to be a member of anything.
During the current fight to Britain’s death, aka Brexit, the ruling party Whips reduced “a female MP to tears”. That’s how it’s reported in all the press, from blue to pink to red. Not “reduced an MP to tears” but a “female” MP.
Don’t take me there, the trampled shrine where the true victims lie speechless and forgotten.
Artemisia Gentileschi Judith Beheading Holofernes 1611-12 Oil on canvas Museo Nazionale di Capodimonte, Naples. Image source: WGA
DON’T WHIP ME AGAIN
IF YOUR’E A CONSERVATIVE MP
AND NOT NUTS,
SAVE BRITAIN NOW
“The Conservative party is the most successful party in the democratic world, precisely because their reputation is that they don’t go nuts and become ideologically zealous…..all it would take here is a couple of dozen brave Conservative MPs.”
(Nick Clegg in conversation with Richard Thaler, The Guardian)
Does the judgment of posterity matter nothing in the age of instant fame? Can’t the reluctant Mythical Tory Saviours be moved (I just deleted ‘bribed’) by sugar-coated promises of everlasting fame and glory? They can be put into an exclusive club, and have as many titles and honours and free canapes and wet towels and holidays on private islands and TV appearances as they want in return for saving Britain by saying “Sorry, I was Wrong”.
Why is it easier to lead millions of people into hell than admit you made a mistake?
“There are few, very few, that will own themselves in a mistake, though all the World sees them to be in downright nonsense”
Jonathan Swift, in The Tatler No. 63 (September 1709)
Master of the Castello della Manta Nine Heroes and Nine Heroines (detail with seven figures) 1411-16 Fresco Sala Baronale, Castello della Manta, Saluzzo. Image source: WGA
FIGHT BREXIT – SAVE BRITAIN – STOP BREXIT
If you agree, please share, please help to stop Britain withdrawing from the EU before it’s too late.
“My God. History will condemn this period. It will condemn those who’ve sat back and kept their view to themselves, who haven’t stood up and tried to stop all this nonsense.”
“I am simply not prepared to stand back and watch my country fall off a cliff edge. If that means voting against my party, so be it.”
“It’s like the counter-revolutionary forces of Chairman Mao or Joe Stalin. It’s not enough that you went against everything you ever believed in; you have to sign up in blood. It’s like Orwell’s thought police and the reign of terror combined”
I’m not just a lonely Fringe Cassandra, after all…..My country needs saving. Nobody chancing to visit this seldom visited place should underestimate the severity of Britain’s self-inflicted wound by Withdrawing from the European Union. Britain is killing itself. HELP
Hamlet: ….why was he sent into England?
First Clown: Why, because ‘a was mad. ‘A shall recover his wits there;
or, if ‘a do not, ’tis no great matter there.
First Clown: ‘Twill not he seen in him there. There the men are as mad as
STOP THE MADNESS
“The Government’s refusal to accept this amendment [to EU Withdrawal Bill] is simply absurd – and their continued insistence that sentience is covered in Animal Welfare legislation is wrong. Britain been forward thinking animal welfare over the years, which is why ditching this provision would be such a backwards step. The UK Government led on introducing this EU protocol in the first place, and it’s only an obsession with refusing changes to the EU Withdrawal Bill that’s stopping Ministers adopting this amendment now.” Caroline Lucas, co-leader of the Green Party of England and Wales
The Brexit Government, irrationally consumed with hatred of everything EU, is treating animal rights the same way it is treating the rights of EU Nationals living in Britain.
The Government should confirm their existing rights under EU law now.
Van Dyck, The Five Eldest Children of Charles I 1637. Royal Collection.
The problem for a Government on the run screaming FAKE NEWS is the implicit acknowledgment that it’s at least partly true. As politics is all about presentation, anyway, using the FN plea is an admission of incompetence, at best.
In this meta-weary world, we have got used to the duality of Truth in the modern democratic State. The wonder of Trump is not that a lying, bullying, pussy-grabbing monster was elected, but that people don’t care that he lies, bullies, pussy-grabs.
The political hue and cry in the UK over animal sentience confirms that Fake News, not Real News, is the radar for Zeitgeist – it reveals the conscious and unconscious fears of both the public and its rulers.
The first indisputable fact is that MPs voted to exclude the clause regarding animal sentience from the EU Withdrawal Bill.
The second fact is that, for a couple of days, Leavers and Remainers, including Conservative voters, were united in believing that the Brexit Government was capable of denying that animals feel pain and emotion. We were shocked, but not surprised. That’s not a vote of confidence in either the Government or Brexit.
The problem for Remainers is to prove the link between the incoherence of this incompetent Government’s policies and the unfeasability of Brexit itself.
Truthfully, Brexit must be stopped.
“Man is the reasoning animal. Such is the claim. I think it is open to dispute. Indeed, my experiments have proven to me that he is the Unreasoning Animal….His record is the fantastic record of a maniac. I consider that the strongest count against his intelligence is the fact that ….he blandly sets himself up as the head animal of the lot:
whereas by his own standards he is the bottom one.”
Mark Twain, The Lowest Animal, 1896