Remainers' obsession with "voting to make ourselves poorer" misses what the Brexit vote was really about—and May's deal will make it worseby Timothy Bradshaw / November 30, 2018 / Leave a comment
“We didn’t vote to make ourselves poorer” has become a canard used by those Remainers who seek a so-called “People’s Vote,” or else such a close relationship with the EU post-Brexit as to make leaving barely leaving at all. In this logic, the people who voted for Leave did so because they were too stupid to understand what leaving might mean. This reading, however, not only glosses over the economic possibilities afforded by Brexit, but also misunderstands both Leave voters’ intelligence and the reality of the relationship between the UK and Europe.
To understand, it is best to go back to the time of the EU’s formation. UK membership of the EU was always known to be a gradual, ongoing and deceptive ceding of sovereignty to a Brussels administrative team, away from national Parliamentary democracy. This brave new world, wiping away the horizons of national history, governmental tradition and political values, was put in train to stop wars and peoples of Europe fighting each other.
Presumably it was not intended that a few large powerful nations would dominate and control the Brussels machine. But when the Euro was implemented—against much economic advice—Germany became dominant. The bleakness of the EU vision expanded as Greece was gutted and tortured for the sake of German banks, and resentment in Italy grew. Big corporate business loved the EU as a single market—instanced by the CBI, who strongly advocated for the UK to join the Euro. Membership also transferred national expertise, as well as motor manufacturing, to the EU…