I came across this and it kind of turns the EU economic debate on its head. I found it enlightening and it seems too simplistic to be right. Why I haven't I heard this before?
This is Professor Patrick Minford, economist, on the EU economic debate. Poor old Nick Clegg appears to be absolutely out of his depth.
https://www.youtube.com/watch?v=xskWLMu5Ggo
These are the sort of things that can spark a proper debate, maybe we don't need politicians to run this campaign for us, maybe we just need economists on both sides to debate it. It just seems that he spoke about things that I understand and it made far more sense than a blanket of possibilities that I can't visualise, things that may or may not happen. When someone says this is the default level that we would be at if we left the EU with no agreements in place, we are then at a starting place, a known value.
I'm not sure that I am convinced on every single point he makes but at least he is starting from a figure that the UK would be working from, before any agreements are in place and that has to be the starting place for any discussion on a post EU economy for the UK.
I was getting annoyed at David Cameron and George Osborne but then it dawned on me that they are consistently painting themselves into a corner and it only a matter of joining the dots to find the contrariness of their speeches.
A few months back, David Cameron was saying that of course the UK can survive outside of the EU it just wouldn't be as profitable. Now he is threatening war and destruction and Osborne has said it will be catastrophic. If it is that disastrous, who in their right mind would put it up for a debate and a referendum? That is an insane thing to do, unless they are panicking and are resorting to blatant lies? I do wish that a journalist would pick them both up on their contrary positions and find out what has changed in the last 4 months.
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