Potter wrote: ↑Sat Dec 11, 2021 12:08 am
In the long run the UK will benefit from being independent, having it's own currency (something the remainers never seem to mention) has not been a failure and it will be better for leaving the EU.
It's bad for me personally, but it will be better for the UK if a government can actually get their act together.
Or history may repeat itself, who knows? Economic success will probably depend on your second point ^. We recovered (unsurprisingly) faster, post-war, than the EU6 but then lost ground. It may not be the same this time around if, as you say, a UK government can actually get their act together and/or the european project fails.
'Why did Britain join the European project?
Why did Britain join? For various reasons. Because De Gaulle left, the Commonwealth could not compete, Heath defeated Wilson, the free trade area integration model sunk. But above all, Britain joined because joining the European project was perceived to be a way to stop its relative economic decline. In 1950, UK’s per capita GDP was almost a third larger than the EU6 average; in 1973, it was about 10% below; it has been comparatively stable ever since. On this basis, joining the EU worked – it helped to halt Britain’s relative economic decline vis-à-vis the EU6'.