Ok, my graphics skills are worse than useless (!) but here's an attempt to explain WHY delaying the end of the Brexit transition period by 2 years is so important.
GUIDE
Blue = current trend in economy
Red = trend in economy if we delay transition 2 years
Yellow = economic gain
GUIDE
Blue = current trend in economy
Red = trend in economy if we delay transition 2 years
Yellow = economic gain
Why? Because by moving the end of the transition period, we achieve several things:
- Gain 2 years to recover from the coronavirus downturn
- Encourage more companies to try & survive the coronavirus (e.g. with Government loans)
- Allow more time to rebuild Brexit countermeasures
- Gain 2 years to recover from the coronavirus downturn
- Encourage more companies to try & survive the coronavirus (e.g. with Government loans)
- Allow more time to rebuild Brexit countermeasures
If you're gagging for Brexit, never fear - we're already out of the EU, so "proper Brexit" (i.e. when you'll really feel it) can't be stopped. Brexit doesn't come with a "Rewind" button.
But maybe by delaying we have at least half a chance of avoiding a decades-long depression.
But maybe by delaying we have at least half a chance of avoiding a decades-long depression.
