The Real Consequences of Brexit and Why Leavers Refuse to Acknowledge Them

The debate surrounding Brexit continues to be a contentious topic. While many argue that the negative repercussions of Brexit are overstated, it is clear that the departure from the European Union has exacerbated existing economic and social problems. This article will explore the real and often overlooked consequences of Brexit and why those in favor of leaving (referred to as 'Brexiteers') often downplay or deny these effects.

Severe Economic Consequences

Despite the argument that Brexit's impact is not as significant as the ongoing crises in Ukraine, the energy bill crisis, and inflation, it is undeniable that Brexit has worsened these issues. The difficulty in exporting goods to the EU due to increased bureaucratic barriers has led to a substantial loss of tax revenue. UK exporters, now facing more complex and costly procedures, see diminished profits, ultimately affecting the Exchequer's coffers.

Additionally, the loss of free movement of labor has resulted in fewer job opportunities and a labor shortage. This has led to diminished PAYE (Pay As You Earn) tax revenue, further straining the public finances. The economic performance of the UK, measured by metrics such as GDP recovery, Covid death rates, inflation rates, and average energy bill hikes, is consistently lagging behind comparable economies, attributable to the challenges posed by Brexit.

The Fall of Fiscal Responsibility

The Conservative Party, once known for its fiscal prudence, has seen a significant erosion in reputation under the influence of the remnants of the ERG (Economic Research Group) wing. Prime Minister Liz Truss's approach of implementing reckless tax cuts alongside massive spending on energy subsidies to stimulate growth reflects a shift towards reckless economic management. Instead of addressing the true economic challenges, her policies appear to be aimed at growth that may not manifest.

Truss's economic policies are a stark departure from the more measured approach of previous administrations. Under her leadership, the economy has seen contraction rather than expansion, a direct result of the narrow-minded Brexit dogma she is pursuing. The lack of a coherent economic plan in the post-Brexit era suggests a disconnect between ideology and practical economic realities.

Persistent Political Absolutism

Another significant issue is the entrenched political absolutism that characterizes the stance of many 'Brexiteers.' The belief that Brexit is an end in itself and not part of a broader continuum of policies leads to a refusal to acknowledge its ongoing effects. For these individuals, the end of the negotiations and the leave from the EU is seen as an accomplishment in and of itself, rather than a step in a larger process of governance and economic management.

Moreover, the 'Remoaners,' those who support staying in the EU, are often labeled as laundry lists of complaints. The argument that 'Democracy prevailed' somehow negates the ongoing challenges and negative consequences of Brexit is a testament to the entrenched positions on both sides of the debate. The idea that simply winning a vote means the debate is over ignores the complexities and ongoing nature of these issues.

This political absolutism is harmful because it stifles discussion and debate about the practical effects of Brexit on the UK's economy and society. The refusal to acknowledge and address these consequences perpetuates a cycle of economic instability and social hardship for many segments of the UK population.

Conclusion

In conclusion, the real economic and social consequences of Brexit are profound and far-reaching. From loss of tax revenue to diminished job opportunities and the exacerbation of existing economic challenges, the impacts of Brexit are clear but are often denied by those who supported leaving the EU. It is crucial to engage in a factual and evidence-based discussion about the true effects of Brexit on the UK's economy and society.

The political absolutism that characterizes the 'Brexiteers' stance is both damaging and unnecessary. By acknowledging and addressing the challenges posed by Brexit, the UK can begin to develop a more coherent and effective economic strategy that benefits all sectors of society.