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Like I keep saying, if the worst effect of Brexit is to reduce the Uk's trend growth rate from 2.x% (its post war trend growth rate) to 1.x% (its growth rate since 2016), that would be bad enough. I suspect there will be worse effects though
Brexiteers are too stupid to give a flying monkey about GDP growth.
Problem is that future tax spending was done on the basis of economy growing at higher rate and now increased spending demands higher taxes, plus even higher taxes to make up for lost tax income.
And that's under Tory Scum pro-Business Govt, what kind of taxes are going to be under Labour?
Like I keep saying, if the worst effect of Brexit is to reduce the Uk's trend growth rate from 2.x% (its post war trend growth rate) to 1.x% (its growth rate since 2016), that would be bad enough.
I suspect there will be worse effects though
After official figures revealed zero growth in GDP in August, the EY Item Club said the economy would struggle to recover in the final months of the year owing to the increasing likelihood of Britain crashing out of the EU in less than six months’ time.
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