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Dmitry Grozoubinski
@DmitryOpines
, 5 tweets, 1 min read Read on Twitter
Those listing 'ran a business' as their sole qualification for diplomacy may recall Rex Tillerson ran Exxon (~$350b) before fucking up being Secretary of State so hard the battered remnants of the State Department reportedly breathed a sigh of relief at his on-toilet termination.
Exhibit A:
vox.com/world/2018/3/1…
Exhibit B:
politico.eu/article/trump-…
Exhibit C:
thedailybeast.com/state-departme…
Pre-emptive Q&A:

a) No, I'm not saying business experience is useless in government or diplomacy;
b) No, I'm not saying career bureaucrats or academics always succeed;
c) Yes, I greatly admire the skills required to start a business or run one.
d) No, I don't hate capitalism.
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Dmitry Grozoubinski
@DmitryOpines
5/ Explainer: The WTO makes targeted discrimination illegal, but the barriers are anticipated to arise from the EU's treating the trade with the UK as it does trade with any other WTO Member with whom it doesn't have an FTA.

That's not discrimination, it's an obligation.
6/ Treasury's estimate that future FTAs would have negligible impact on GDP is ENTIRELY in line with mainstream economics. Entirely.

FTAs, while creating opportunities in some sectors and generally being good to do, are very rarely sufficiently ambitious to impact national GDP.
7/ Regional trade agreements like the EU CU/SM or NAFTA/USMCA are different because they far more greatly facilitate collaborative production, something the UK economy currently relies on with Europe.

Reminder: By Cardiff he means "I guess manufacturing will die, yolo" Minford.
Read 10 tweets
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Dmitry Grozoubinski
@DmitryOpines
1/ Like a band you wish you could forget dropping a "Greatest Hits Album Vol. 1", Mr Rees Mogg has compiled some of the dumbest things said about No-Deal Brexit in one article.

So let's take this hack to the old town road and read, till we can't no more.

telegraph.co.uk/politics/2019/…
2/ "Oh, a Cardiff University study has debunked the Treasury's analysis? Cardiff is a pretty serious university so let's just have a look..."

"... and it's Patrick Minford."

Of course it is.
3/ The Treasury is indeed negligent in not accounting for the 20 billion pound gross annual contribution Jacob Rees Mogg appears to have made up.

Also, even if you assume it was 20 billion, that would reduce the UK deficit from 43 to 23 billion. Yay?

researchbriefings.parliament.uk/ResearchBriefi…
Read 5 tweets
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Dmitry Grozoubinski
@DmitryOpines
There's something reeking of privilege in the posh Brexiteer refrain, "Surely like-minded people on both sides of the channel can just work it out?"

It is the baffled cry of those whose problems have heretofore always dissipated following a quiet chat between the "right people."
It is the mildly affronted confusion of those who never had to sweat the details, follow the rules or put in the work.

Those who could call daddy's old friends in senior management and have the uppity clerk put in her place for trying to enforce the no-smoking policy.
It is the morning after Bullingdon Club hotel room vandalism, when the scions of the well-to-do saunter off for a Bloody Mary at the Yacht Club, safe in the knowledge that someone else will clean up last night's chaos.

Someone paid to fix the aftermath of 'boys being boys.'
Read 6 tweets

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