by McAz » Mon Jun 18, 2018 4:48 pm
There isn’t a Brexit dividend says Institute for Fiscal Studies,
There is literally, arithmetically, no money.
"If you look at the arrangement we've come to with the European Union in terms of paying our exit bill — and you add to that the commitment the Government’s already made to keep funding farmers and so on — there is literally arithmetically no money.
"In addition, we know, because the Government has accepted this, that the public finances will be worse as a result of the Brexit vote.
"As a pure, sort of arithmetic point of view, over this period, there’s no money.
"Actually the public finances will be £15 billion or so worse off, not better off, so there really just isn’t money there for a Brexit dividend,"
(Paul Johnson, director of the Institute for Fiscal Studies via Business Insider 17.6.18)
[color=#0000aa][size=150]There isn’t a Brexit dividend says Institute for Fiscal Studies[/size],
[b][size=110]There is literally, arithmetically, no money.[/size][/b]
"If you look at the arrangement we've come to with the European Union in terms of paying our exit bill — and you add to that the commitment the Government’s already made to keep funding farmers and so on — there is literally arithmetically no money.
"[b]In addition, we know, because the Government has accepted this, that the public finances will be worse as a result of the Brexit vote.[/b]
"As a pure, sort of arithmetic point of view, over this period, there’s no money.
"[b]Actually the public finances will be £15 billion or so worse off, not better off[/b], so there really just isn’t money there for a Brexit dividend,"
([b]Paul Johnson, director of the Institute for Fiscal Studies[/b] via Business Insider 17.6.18) [/color]