Nigel Lawson was on the Today programme the other morning and he made the claim that we would be £10 billion a year better off after we leave the EU (see a report HERE). He dismissed the interviewers interjection that borrowing is set to RISE after we leave, in other words the opposite of what he was saying. I am surprised that an ex chancellor does not see the benefits of belonging to the largest, richest and closest free trade bloc in the world.
His view is the simplistic one of many Brexiteers. If we leave we can save £10 billion a year. But if trade suffers we will lose much more.
Meanwhile Matthew Lynn, one of those economic forecasters so consistently and totally wrong that it is surprising he is still employed to produce forecasts tells us (HERE) that had we voted to leave the EU in 1975 we would now be richer than we are. I assume he thinks all those Austin Allegros and Mini Metros would be flying out of the great British Leyland factories that would have dominated Europe, the USA and China with all the huge profits being repatriated back to the UK where we would all be strolling along easy street. Last year after the referendum he told us "Within a year, growth in the UK will be far ahead of the rest of Europe" (HERE). In fact we have fallen from the top to the bottom of the growth league.
Nigel Lawson lives in France but deigns to advise us how to manage our affairs. He is also a climate change denier. And one can only wonder if Mr Lynn actually believes the stuff he writes or he is paid to write it by the owners of The Telegraph or The Spectator in order to delay the time when people begin to realise they were completely misled by the Brexiteers and the right wing press. Perhaps one day he will tell us.
