Why Has The US Resisted Trump But The UK Acquiesced To Brexit? – Simon Wren-Lewis from Mainly Macro

English: Icon for recentism

English: Icon for recentism (Photo credit: Wikipedia)

Here’s a thoughtful blog from leading Oxford macro-economist, Simon Wren-Lewis. He explores the question, ‘Will the US recover from Trump quicker than the UK can from Brexit?’

Source: Why Has The US Resisted Trump But The UK Acquiesced To Brexit?

The conclusion is that America will get over its experience with Trump and populism but the prognosis for the UK is bleak, with years of financial hardship ahead.

The British people have been duped by right-wing populism. Now there’s a risk of being hoodwinked by left-wing populism. The media are failing to cite the prevailing evidence.

Surely, it’s time for big business to apply pressure on the UK government that hard Brexit will risk jobs?

Thoughts?

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