Sunak says everyone knew Brexit would make us poorer. Did you?
On the ropes: Rishi Sunak.
Is this the blunder that ends Rishi Sunak’s career?
He has told the House of Commons Treasury Committee that everybody knew Brexit would make the UK poorer when they voted for it in 2016.
Do you think that is true?
This Writer’s recollection is of people like Boris Johnson and Nigel Farage claiming they were leading us into the “sunlit uplands” of a prosperous post-Brexit future. In fact, the Office for Budget Responsibility recently published two graphs showing how badly the UK has suffered on those so-called sunlit uplands:
Nobody saw “Brexit will make you poorer” written on the side of a big red bus. It said £350 million a week that then went to the EU could be given to the NHS instead.
When the promised cash failed to materialise, Sunak used it as a pretext to impose a 10 per cent increase in National Insurance on us, justifying it with a lie that it would go towards health and social care. It won’t. He wiped away half of the £12 billion it was supposed to make in his Spring Statement last week.
Presented like that, it looks like a premeditated Tory plan to make millions of people poorer. Indeed, 1.3 million of us will be dropped into poverty because of the decisions he made in his Spring Statement.
So when Sunak said everybody had always known a change in trading relationships with the EU would cause a hit to the UK economy, he was trying to offload the blame for a Tory plan onto the voters.
No wonder he shrugged when he was asked if he thought voters were stupid. Clearly, he does.
His reasoning also seems clear: voters put the Conservative Party back into government twice, after being misled into voting to make themselves poorer in the EU referendum – thereby encouraging Sunak and all the others to impoverish them further while lining their own pockets.
That’s stupid in anybody’s book.
The rest of his evidence was more of the same – an attempt to pass the blame for the UK’s current financial woes onto the nation’s citizens.
So the £200 heating loan isn’t a loan even though it will push people into further debt.
So he couldn’t help people on benefits because that would increase public borrowing.
So his squeeze on the poorest was their fault for not having saved more during lockdown.
At least he admitted that his tax relief on solar panels won’t help people on Universal Credit. Very handy for him, though.
The message is clear:
Tory government will make you poor. If you don’t want to be poor, don’t believe the Tories. Don’t listen to them. And most importantly of all, never – never – vote for them.
Source: ‘Do you think people are stupid?’ Sunak shrugged. Of course he did
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Frankly I knew the Tories would do a Dog’s Brexit, and they have.
I voted remain in the EU because I knew that this debate would be so skewed into that, whilst we were arguing about the pros and cons, the Tories and their Neo-Liberal friends New Labour and the Libdems would carry on dismantling the state unhindered – and so it continues!
The EU is is no different to Britain, stuffed from top to bottom with Neo-Liberals busy taking away every right we had and every advantage working people had from a post war Labour government.
When Thatcher dismantled our manufacturing base, she created trade deficits that averaged between £4-6 billion each and every month, saying as she closed coal mines it is better to import cheaper from abroad than it is to produce ourselves, hence the deficits. The bonus since leaving the EU is that our trade deficits improved due to that fact we were buying less from them.
Then came the OIL crisis created by market driven ideology, and our deficits rose to record levels unheard of before, not because of production costs going up, but market theology and our dependence on OIL. £16 billion in the month of January.
The EU debate is and always will be a distraction, designed to turn heads away from what our politicians of all colours are actually up to. The real argument is about Neo-Liberal dogma and how we could manage our own affairs for the benefit of people rather than corporations.
We have our own currency unlike those in the EU, which means we can always pay our way in the world, whereas Greece was forced to borrow and comply with the dismantling of their state in order to satisfy the European Central Bank and European Neo-Liberal legislation. In Europe because of the single currency, every country has to earn Euros in order to spend on public services, that causes trade imbalances which means those at the top of the table such as Germany take it all and those at the bottom become trapped in a begging bowl syndrome.
Europe’s Trade deficits: https://ec.europa.eu/eurostat/statistics-explained/index.php?oldid=452727
Britains Trade deficits: https://fullfact.org/economy/uk-trading-its-biggest-loss-decades/
and here over the last ten years: https://commonslibrary.parliament.uk/uk-trade-a-deficit-in-goods-but-a-surplus-in-services/
I always knew that Brexit would make us poorer Because I worked for 40 years in international trade and to me it was obvious, no matter what promises were made to the contrary. Of course I voted to remain. However I don’t believe that “everyone knew” or why would they have voted for it? The public were lied to and are still being lied to by this abominable, corrupt gbevernment.
THE BREXIT REFERENDUM WAS AN ADVISORY VOTE ANS JOHNSTON AND HIS MATES WANTED OUT OF THE EU BECAUSE THEY WERE TERRIFID THAT THE EU WAS ABOUT TO CHANGE THE TAX RULES ON ”TAX HAVEN” TO STOP THEM AND HIS MATES FROM MAKING MONEY OUT OF US SLAVES AND TAKING IT TO THE TAX HAVENS ,AND YES I AND MANY OTHER PEOPLE DID KNOW THAT VOTING OUT WOULD MAKE US MUCH POORER .THEY COULD NOT CARE A LESS ABOUT US ONLY THER RICH MATES .
But the anti-tax haven rules came in before the UK left and were enshrined in UK law!