UK’S parlous financial state shows why Brexiteers were fully justified
YOUR correspondent Observer (Write Back, January 5) resorts to classifying Brexiteers as lying, poisonous English nationalists: they have “no cogent economic argument that would lay the basis for a future financially successful, egalitarian society”.
Since I have already given one “cogent economic argument” (Write Back, December 23), I can only assume that Observer either hasn’t read it, or chooses to ignore it, so I will summarise. Alban Maginness (Comment, December 16) and Rev Dr John Cameron (Write Back, December 13) also resorted to insulting Brexiteers (insane and scoundrels respectively).
Remainers insisted the thriving, stable state of the UK economy was mainly due to our EU membership, which gave tariff-free access to the single market. Remaining was, therefore, vital for a stable economy.
One must agree that EU membership is, indeed, responsible for the state of our economy, but claims of economic stability are patently false. I now challenge Observer and fellow travellers Rev Dr John Cameron and Alban Maginness to explain how the UK’S spiralling national debt over 15 years equates with a stable economy.
A line is crossed when national debt overwhelms gross domestic product and bankruptcy is inevitable. Unless radical changes are made, it is a matter of time before GDP is engulfed.
Angela Merkel forced David Cameron to introduce austerity measures or face penalising of our credit rating with an inflated interest rate, but our debt still escalated.
There certainly were a core of influential people — both Brexiteers and Remainers — who spread disinformation, but Remainers who can’t distinguish between spiralling debt and a stable economy are equally guilty of propagating fake news.
To generalise and imply that all decent UK people, from four countries, who voted for Brexit, are poisonous English liars and scoundrels is inexcusable.