Project Fear Is being discredited In real time
The Project Fear EU Remain camp is being humiliated in real time. Their claims to competence have been flushed down the toilet as the British economy powers ahead. They need to grow up, we need to ignore them, and all of us should get Britain out of the EU as soon as possible
Remember when Remain campaigners insisted Brexit would lead to the loss of three million jobs reliant on the EU? Remember when they told us the mere act of voting Leave would cause investment to suddenly dry up?
Remember, for that matter, when they told us a Leave vote would risk an immediate ‘technical recession’ with thousands of job losses?
The facts, as usual, have discredited these dire warnings. Since the EU Referendum on June 23rd, unemployment has continued to fall, and now lies at just 4.8 percent – an 11-year low.
The employment rate is just a fraction below its all-time high. Once again, the ‘expert’ forecasts trumpeted by Euro-fanatical politicians have been proven wrong by reality.
The good news does not stop with the official figures. Confounding the worries about investment, company after company from across the world has professed its faith in Brexit Britain. Jaguar Land Rover, owned by Indian conglomerate Tata, has proposed an electric car plant in the West Midlands, which would bring with it 10,000 new jobs.
McDonalds and Lidl are creating 5,000 jobs each, while microchip manufacturer ARM Holdings will be creating thousands more jobs under new Japanese ownership.
In a whole host of different industries, therefore, the Brexit jobs news is positive. The dreaded ‘uncertainty’ promised before the Referendum has simply not materialised, and there is no reason at this point to believe the labour market is about to fall off a cliff.
But Project Fear continues unabated. Why are the tens of thousands of new jobs being created in this country are going almost totally unnoticed by the mainstream media, while yet another forecast of possible job losses in several years’ time becomes headline news?
Every economic indicator on the ground is positive, but as 2016 draws to a close, the Remoaners have created a doom-and-gloom narrative, hanging in the air. The only reason we should be expecting a downturn is because they have told us to expect one.
Perhaps we should stop relying on forecasts, and start taking heart from the facts. Instead of kicking the can down the road and yelling ‘we haven’t left yet!’ – which itself ignores the fact many of their pre-Referendum forecasts promised bad economic news immediately after the vote, not just after Brexit itself – Remoaners would do well to question their assumptions.
The majority of economists were, of course, in favour of Britain joining the European Rate Mechanism in 1990 – but it was a disaster. Another majority told us we should join the Eurozone – and thankfully, that time the Government decided against taking their advice.
Now, yet another majority is telling us Brexit, and even a Leave vote, will be a disaster for the British economy. As we Get Britain Out of the European Union, we are watching them get proven wrong once again, in real time.
With 2017 drawing nearer, here’s a New Year’s Resolution for the Remoaners – drop the pessimism, look at the facts, and believe in Brexit Britain.
Joseph Hackett is a Research Executive at Get Britain Out
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