- cross-posted to:
- [email protected]
- [email protected]
- economics
- cross-posted to:
- [email protected]
- [email protected]
- economics
Summary
Five years after Brexit, its promises of sovereignty, economic gains, and reduced migration remain unfulfilled. While Brexit offers regulatory flexibility, its overall impacts are largely negative.
The UK economy has suffered a £100bn annual output loss, with GDP 4% smaller than it would have been without Brexit.
Trade barriers have reduced exports, particularly to the EU, with small businesses and sectors like agriculture and fishing hit hardest.
Migration has surged to record levels, but net EU migration has turned negative.
Public dissatisfaction is high, with 59% believing Brexit has gone poorly.
All nationalism is bad nationalism because it necessitates a narrative of exceptionalism and lessers.
I’d suggest “good” nationalism is having a bit of pride and care for where you live, a knowledge of your history, feeling comfortable in your ethnicity (as opposed to race) and welcoming other folk with similar aspirations and trying to improve life for everyone in your area… but that’s just my opinion.