Atilla
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I think it's time we had a Jacob Rees Mogg thread. What say you?
Here he is filling in for that lefty snowflake O'Brian on LBC
The second caller is brilliant
I'm afraid his economic argument all rests on one premise. Trading with other countries levying zero tariffs on food and clothing and thus reducing prices to consumers who'll then have greater disposable income.
Here are some basic reasons why his talking mega total rubbish.
1. You've all seen the Brexit effect on the pound. A 20% collapse in the pound exceeds any reduction in tariffs.
This is a fact you've all observed. Prices were rising and interest rate pressure grew thus .25 basis point increase.
How he bangs on about this as if it is a Brexit benefit is nonsense.
2. Importing goods from elsewhere outside of the EU has issues too; primarily reduced standards, higher transportation costs and other producers will raise prices to be slightly below EU.
3. If reducing tariffs is all about consumer getting cheaper goods and thus benefiting consumer is the big deal, well then, even if EU levies tariffs against us then it is surely in our benefit to take off all tariffs on imports to reduce prices and thus raise disposable income.
On so many levels his argument doesn't add up. It's far too simple assuming everything else remains the same whilst EU goods substituted with cheaper produce from elsewhere.
If this is the best of Britain from the party of business then Tories are well and truly skewered.