by Annie Dieu-Le-Veut
“What does Leave look like, in economic terms,” the Remaniacs keep asking, as if they had at any stage produced a real, truthful economic forecast.
Despite being reprimanded by his own Treasury for telling us that households would be worse off by around £4,000 if Great Britain leaves the EU, George Osborne is still trotting out that lie, even though he knows that he has been caught out cunningly conflating gross GDP with household GDP, which are two very different animals. And that wasn’t the worst of it – because it also turned out that the £4,000 figure came from a very different Treasury-based scenario to the one he was broadcasting. The real story was that we would be a lot better off in the future, Remain or Leave, but if we left, we’d be better off by not quite so much, to the tune of £4,000. Hardly economic Armageddon, is it? Continue reading “Economists for Brexit: the first truthful economic forecast for life after Brexit”