ICYMI in a busy day, former Chancellor Norman Lamont writes, If this deal collapses, Britain must ignore the scaremongers and choose No Deal telegraph.co.uk/politics/2018/…
“Scary stuff, but 17.4 million people ignored the prophets of doom and voted to take back control of the nation’s destiny. Fast forward to today, and I suspect we are heading for a replay of what we have come to know as Project Fear.”
“First, [...] none of the Treasury forecasts came anywhere near the truth. Since those forecasts, the average British family has remained just as well off and the UK economy has grown 3.9 per cent. There has been no recession, and taxes have been cut and spending increased.“
“I can almost hear the knives being sharpened for Project Fear Mark 2 – a spine-chilling vision of what will befall poor old Blighty if Parliament decides it does not like the deal and thus is pointing towards to a No Deal exit next spring.”
“Needless to say, the Treasury has refused to publish and debate details of its economic model or the assumptions it contains.”
“My advice is to keep calm and carry on. The Treasury and their acolytes were laughably wrong last time. They have cried wolf too often to be believed today – either by Conservative MPs or the public.”
