Welsh voters took leave of their senses
AS MORE firms and investors spell out the consequences of a no-deal Brexit, the outlook for jobs in Wales looks increasingly dire.
As a no-deal becomes a real possibility, Brexiteers and the proBrexit press insist on attacking the EU for wanting to punish the UK and dismissing warnings from Airbus and others as Project Fear.
But it’s a bit rich to do so. After all, the EU is applying the rules and regulations which the UK played a major role in formulating.
In my opinion, Wales has much to fear from a no-deal Brexit, which would mean tariffs and disruption to companies relying on just-in-time supply chains from across the EU, like Airbus and the car industry. If this should happen, tens of thousands of jobs would be lost.
So let’s hope that pragmatism and common sense prevail and a good deal on goods, if not financial services, is agreed that minimises economic damage to the UK and EU.
Living standards and public services depend on a successful economy. So Welsh voters must have taken leave of their senses when they voted to leave, especially as over 60% of UK exports are either to the EU or countries with EU trade deals; and Wales gets more money from the EU than it pays in.
As my mother used to tell me: “Act in haste, repent at leisure.”