Saturday, 2 March 2019

Kamikaze Brexit

Ms Truss, the chief secretary to the Treasury and a hard-line Brexiteer, labelled three cabinet ministers "kamikaze ministers" because they wanted to avoid a no-deal dive over the cliff edge of Brexit.

Amber Rudd, David Gauke and Greg Clark told Mrs May they would have to resign if she kept no deal on the table. With the spate of recent resignations and sackings, Mrs May is running out of possible cabinet members and agreed to give MPs the chance to delay Brexit to avoid a no deal.

UK businesses are paralysed by Mrs May's continued delays. Business confidence is ebbing faster than ever, with profits having been falling all year, and business volume shrinking each month. Advertising spend is down, investment is down and more businesses are being wound up or fleeing the UK - Dyson for one, despite its founder banging on about how Brexit was going to be good for Britain.

Many Japanese firms - Honda, Nissan, Sony, Panasonic, Hitachi, Toshiba - are recalibrating their UK investments: cancelling projects and moving head offices out of the UK. This may have something to do with the recent Japan-EU trade deal, which the UK will no longer be party to. We are trying to negotiate our own deal with Japan - with little progress made so far.

So Ms Truss and her supporters do appear to have a point. If we are going to take the medicine then shouldn't we just hold our noses and swallow?

The history of Brexit, the promises made by the Leave campaign, and the fact that these promises look more threadbare with every passing day, suggest a different interpretation.

The no-deal poison pill offered by Brextremists is not what we were promised two years ago. We were promised the 'easiest deal in history', we were promised we would remain within the common market, we were promised trade deals round the world delivered to us before we even left - we were even promised £350 million a week for the NHS.

None of this is now on offer.

Britons realise that this changes the argument. 84% of new voters - voters who were too young to vote in the Brexit referendum - would vote Remain right now. Labour is moving towards calling for a second referendum, Mrs May is losing support while Remainer MPs are gaining confidence as the country wakes up from its isolationist fever.

Hence the invective of the Brextremists, the personal attacks. Hence the demonising of reason. There is no way to justify Brexit using facts and figures, using analysis and projections, it an emotional act not a reasonable one.

If the Brexiteers cannot force Mrs May's hand soon then they will find themselves in the jetsam of history, relegated once more to being the swivel-eyed loons of the Tory fringe.

So it is no surprise that Ms Truss and her fellow loons are in such a rush to take us all over the cliff.

However, it doesn't make any sense that she is calling Remainers kamikazes.

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