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?

Business calls for softer Brexit in aftermath of election – FT

The FT cites new research survey from Harvard that business call for softer Brexit in aftermath of UK election. Business chiefs speak out as survey shows political instability driving huge drop in confidence

Source: Business calls for softer Brexit in aftermath of election

It’s about time for big businesses to tell the Conservative leadership that thousands of jobs will disappear with a hard Brexit. Let’s face it, the economic evidence was always overwhelming – a hard Brexit spells disaster and years of hardship. BUT those on the far right of the Conservative Party still favour a hard Brexit – for their own selfish reasons – strange that the same people want to keep May in situ.

Negotiations with Brexit haven’t yet started but ….

Thoughts?