Still eating his words in 14 months’ time? Let’s hope so

The consequence of the Brexit vote  “wasn’t as bad as we thought.” David Cameron’s off-the-cuff comment to steel tycoon Lakshmi Mittal was caught on video, as you can see here. However, he did actually say, “it’s a mistake not a disaster. It’s turned out less badly than we had thought but it’s still going to be difficult”.

Over 18 months since the Referendum the UK economy has performed well. The  official guidance to voters, in a letter sent by HM Treasury to each and every household, said that on a Leave vote, “Britain’s economy could be tipped into a year-long recession. Further, at least 500,000 jobs could be lost and GDP could be around 3.6% lower following a vote to leave the EU than it would be if we remained in the EU.”

The reality is that unemployment has fallen to a 43-year low of 4.3%, GDP has continued to grow and exporters are doing well, with September 2017 being the best month ever  Project Fear has looked very discredited and even one of the two men driving it has finally admitted the truth.

The last part of Cameron’s statement is also true as well, unfortunately. The next 14 months are going to be difficult and the difficulties for the government are already mounting as opposition from Tory MPs in particular to the proposed “transitional deal” is beginning to grow.  We have outlined many of its unsatisfactory features on this website and are pleased that our concerns are now being voiced within the corridors of Westminster.  Readers may enjoy this exchange between Jacob Rees-Mogg MP and Brexit secretary David Davis, whose jocular manner cannot disguise the discomfort he clearly felt as Mr Rees-Mogg put him on the spot.

We yet remain hopeful, even if the conflict over this issue is likely in the short-term, that David Cameron will still be eating his words in 14 months’ time.

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9 comments

  1. Jason BReply

    It seems they are stuck on the phrase a ‘transition period’. Why do they not concentrate on ‘regulatory changes’ that completely exclude political interference.

  2. StevenReply

    Let us hope the Tories have an utterly disastrous set of local election results in May (some people think they could lose councils such as Westminster and even the Royal Borough of Kensington and Chelsea!) and that concentrates the minds of Tory MPs because the fact is if Teresa May remains as PM we are getting a ‘soft’ Brexit or one that is stuck in an endless transition (the transition period rather conveniently ends around the date of the next general election!).

    It’s time she was replaced by a genuine Brexiteer like Jacob Rees–Mogg and half the present cabinet was sacked ie Remainers like Amber Rudderless and the Chancellor of the Exchequer.

  3. Adam HileyReply

    about 25 years ago the Tories stabbed their most successful Leader in the back & front why not dithering May John Major in a dress

    • StevenReply

      Or the Pound Shop Maggie as she is! Yes, they got rid of Thatcher because, belatedly, the ‘Iron Lady’ had woken-up to the true nature of the EU and replaced her with the incompetent and pro-EU John Major so why not dispose of Teresa Mayhem who is, if anything, even MORE out of depth as PM than Major was! If they let her continue up to the next election then it is likely they will lose yet more seats and Corbyn will become PM even if he is likely to do so without a majority.

  4. Adam HileyReply

    the Tories will dump May believe Me Rees Mogg or Johnson will be the new PM the MP John Mann said in the Express He doesn’t see Corbyn become PM due to his age

    • StevenReply

      Hopefully it will be Jacob Rees-Mogg and not Johnson as the latter is too calculating and only really supports himself. Basically, he would sell his own grandmother if he thought that would position himself for the leadership of his party/becoming our PM or advance his interests. Jacob, on the other hand, is far more of a honourable character.

  5. Gordon WebsterReply

    Cameron needed that Remain Vote, to put Britain into the European Union for good. Dicey said that “the People Are Absolute Sovereign,” so only they can legally surrender their Sovereignty. Cameron was so sure that Project Fear would win, that he and Osborne made the Bank of England independent of Government, which is a prerequisite for entry into the Euro (Connolly). The Bill of Rights is perfectly clear, that no foreign power, potentate, or prelate may rule over Britain. Only the People can sanction that, and Cameron’s Referendum was aimed at scaring us into doing just that. The 1975 Referendum was to remain in a Common Market, and was fraudulently sold to the People, since Westminster knew at the time, that it was to become a Superstate to rival Russia and America – it is therefore invalid. So Cameron needed that win, but we woke up and he didn’t get it.

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