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Tuesday, June 23, 2026

Brexit was supposed to let Britain return to a time when it still counted as a global power. A decade later, the costs are blindingly apparent.

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Ben Jennings on the 10th anniversary of Brexit - cartoon

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-- The Guardian (@theguardian.com) 12:56 PM · Jun 22, 2026

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The UK economy has performed worse than the other 44 western nations since Brexit.

"Conservative" ideas of governance help the 1% and hurt the other 99% every time.

#1 | Posted by AMERICANUNITY at 2026-06-23 12:29 PM | Reply

"The UK economy has performed worse"

That's exactly what Putin and Farage was counting on. And who do Brits blame? Immigrants. And that too is exactly what Putin and Farage was counting on.

#2 | Posted by snoofy at 2026-06-23 12:36 PM | Reply | Newsworthy 1

I saw that there's a 2% chance an Evertonian becomes the next Prime Minister. Though it's a doomed job after Brexit, so maybe I hope he doesn't get the position

#3 | Posted by hamburglar at 2026-06-23 07:23 PM | Reply

The UK economy has performed worse than the other 44 western nations since Brexit.

It was bad before Brexit.
tradingeconomics.com

Though it's a doomed job after Brexit, so maybe I hope he doesn't get the position

Have you ever watched Clarkson's Farm?

It will make your blood boil about how over-regulated that country is. Nothing will work until that gets fixed.

UK is a political economy, really is death by a thousand regulations ...

One final lesson to be taken from the show is that governments have to find a balance between facilitating and encouraging " or preferably just getting out of the way of " all those involved in doing a thing, and the laws and regulations tied around all of that so that one person's thing does not too much interfere with or destroy everyone else's thing. It seems pretty clear, made all the clearer by Clarkson's ventures, that we are now getting that balance dangerously wrong. Clarkson's farm is a noble venture that is, like Gulliver, tied down by a million tiny threads. As the show makes clear, each tiny thread in and of itself might seem pretty sensible and necessary. The danger is that as those threads multiply, the activity that produces all of our everyday miracles might yet find itself totally circumscribed.
moneyweek.com

~1/4 of EU countries are 50/50 about leaving ..
www.statista.com

#4 | Posted by oneironaut at 2026-06-23 07:41 PM | Reply


And who do Brits blame? Immigrants. And that too is exactly what Putin and Farage was counting on.
#2 | Posted by snoofy

Same with the EU .. unmitigated illegal immigration will do that to a country or Union in this case.

THE EUROPEAN PARLIAMENT heard chants of "send them back" and "shame on you" from MEPs as they approved the Migration and Asylum Pact.
The tougher rules will grant authorities much broader detention powers and allow for the creation of deportation centres outside the bloc.
Not all voted in favour of the changes, and a division emerged between Irish government supporting MEPs in Strasbourg.
www.msn.com

Spain and Italy at odds..
https://www.voiceofemirates.com/en/news/2026/06/20/escalating-european-dispute-over-migration-italy- and-spain-disagree-on-deporting-asylum-seekers/

#5 | Posted by oneironaut at 2026-06-23 07:47 PM | Reply

ZURICH, June 14 (Reuters) -

Switzerland on Sunday rejected a proposal to cap its population at 10 million as voters prioritised economic stability and ties with the European Union over worries immigration was stretching public services and pushing up rents.

A preliminary tally of a nationwide referendum showed almost 55% of Swiss voters came out against the proposal, and 45% in favour.

Championed by the right-wing Swiss People's Party, the proposal stipulated that the population must not exceed 10 million before 2050, and that if it did so for two years, Switzerland should end freedom of movement with the EU.

The government had urged voters to reject the cap. Swiss Justice Minister Beat Jans welcomed the result but pledged to analyse what further steps could be taken to satisfy voter concerns about housing and immigration.

"With today's decision, the electorate has sent out a signal of stability, openness, and reliability," Jans told a press conference alongside Swiss President Guy Parmelin."

www.reuters.com

In America, immigrants have always been a Net Plus economically... despite all the fearmongering.

#6 | Posted by Corky at 2026-06-23 08:17 PM | Reply | Newsworthy 2

Well, say what you will, Brexit was great for...Putin.
As Trump has been for that same murderous dictator. Divide and alienate and grift to the max...One hopes the UK have another vote on returning to the EU or not.

#7 | Posted by Hughmass at 2026-06-24 06:50 AM | Reply

The spectre of the job stealing, benefits taking and murdering illegal immigrant is the boogeyman the right uses to blame for all the problems their policies are causing.

No Jethro with you GED, Panjeeb the nuerologist is not stealing your job.

That said, there are plenty of jobs being lost to foreigners who will come in with advanced degrees and do the work for pennies on the dollar while telecommuting from India, Pakistan, etc.

Every single year 1040 preparation work is sent overseas to foreign nations where a return that would cost $1000 in time here to prepare and review will be done for $200 and still billed out for $1700 to the client. The next step is already happening with letting a business return that can be billed for $4000 will be prepared for $100 by AI.

I've seen both the good and the bad with AI used in tax law research.

#8 | Posted by Nixon at 2026-06-24 06:52 AM | Reply

__________
Exceptionalism Can Be Lonely -- Ask Britain

There is nothing about "exceptionalism" in the headline or the article - Britain of "Rule, Britannia!" has not been "exceptional" for centuries.

Article is "exceptionally" anti-Brexit biased - not surprisingly, reflecting NYT point of view - but, also not surprisingly, plays fast and lose with economic data.

Brexit was supposed to let Britain return to a time when it still counted as a global power.

BS, UK is world's fifth largest economy and on course of overtaking Japan in near future; Brexit was about independence from politics and taxes of "Brussels" and independence of their economy and currency (GBP) from EURo... just like Canada not wanting to be "51st state" of the USA.

Brexit still holds majority of mindshare in Britain: "There is now a mountain of evidence that support for rejoining the EU crumbles when the costs and conditions are revealed. We Brits still value our sovereignty and do not want to hand control back to Brussels."
https://www.express.co.uk/news/politics/2216906/rejoin-eu-campaign-faces-nightmare - Rejoin EU campaign faces nightmare - 2026-10-13


Mr. Starmer was the sixth occupant of the office during the past decade. In the previous two decades, there had been just three prime ministers.

Again, sleight of hand comparison - Britain's current social problems wouldn't be any easier had they stayed in EU - EU had and still has their share of turnovers / "flipping" of failed "conservative" and "liberal/progressive" governments and deep divisions in the last decade (see Italy, Greece, France, Germany, Belgium etc.) - this actually coincides more with the issue of "immigrants" and arrival of destabilizing Trump on the political scene than anything to do with Britain or Brexit specifically.

For example, relatively more stable 4-year USA system had 3 two-term presidents (changes of party in power) in 24 years since 1993, and 3 one-term changes during the past 10 years.

Starmer/Labour, in particular, won last election with the lowest number of delegates in the history of UK.

Now, to the real economics of Brexit:

UK's predicted "economic collapse" due to Brexit didn't happen; in fact, their average growth rate since is higher than many in EU, Canada and Japan:

Real per capita compound annual GDP growth rate change - (2016-2025) delta (2007-2016) in USD (data from https://data-explorer.oecd.org/?lc=en):
............... PPP ... nominal
Germany : -5.9% ... -5.4%
Japan :.. +3.2% ... -0.8%
France :. +6.4% ... +4.5%
Canada :. +0.9% ... +7.2%
UK :.... +3.2% ... +9.0%
USA :... +12.1% ... +11.0%


In 2015 UK exports to EU members were only 42.3% of total exports, least of any other EU countries;

Second largest importer of UK exports was the USA, and since 2011, US GDP grew by 40.0%, almost 2x of EU's 20.5% growth rate, increasing nominal value of UK exports.

Sure, UK has problems, their taxes and costs are higher and regulations have not eased, "green energy" policies are hurting their economy, NHS is a wreck... but none of that would be remedied had they stayed in EU.

Brexit (and keeping the GBP) was not the economic disaster many predicted, rejoining is not the solution to internal problems.
__________

#9 | Posted by CutiePie at 2026-06-25 04:54 AM | Reply

__________
#8 | Posted by Nixon at 2026-06-24 06:52 AM
That said, there are plenty of jobs being lost to foreigners who will come in with advanced degrees and do the work for pennies on the dollar while telecommuting from India, Pakistan, etc.

Every single year 1040 preparation work is sent overseas to foreign nations where a return that would cost $1000 in time here to prepare and review will be done for $200 and still billed out for $1700 to the client.

If only there was something to stop those damn "globalists" and advances in "cheaper better faster" technology!


The next step is already happening with letting a business return that can be billed for $4000 will be prepared for $100 by AI. I've seen both the good and the bad with AI used in tax law research.

Like with most technologies, there is good and bad... "bad" mostly relates to eliminating or completely changing the nature of certain jobs affected by technology.

www.reuters.com - Google to spend $15 billion on AI infrastructure hub in biggest India investment - 2025-10-14

cloud.google.com - Announcing America-India Connect and new investments to advance global AI access - 2026-02-18

www.cnbc.com - Over $50 billion in under 24 hours: Why Big Tech is doubling down on investing in India - 2025-12-11

www.cnbc.com - How a $4 billion Indian startup Cred won Meta's backing but lost its founder to WhatsApp - 2026-06-22


Both the Left and the Right are pining for the "good old" but ephemeral 1950s, "when a working man without much education could buy a house, a car, and comfortably support entire family on single salary" - they just blame a different color Tribe for that, but offer near-identical populist remedies that have never worked as advertised and usually make things worse for most people, especially those they claim they want to help.
__________

#10 | Posted by CutiePie at 2026-06-25 05:39 AM | Reply

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