beorhthelm
A. Virgo, Football Genius
- Jul 21, 2003
- 36,015
We're The United Kingdom of Great Britain and Northern Ireland, the land of hope and glory, the 5th largest economy in the world, our best days are ahead of us etc - Brexit means Brexit and we can pay for that, so we can afford the Labour manifesto too.
you seem fixed on one issue (as am i...) but here it is: cost of Brexit estimated at £30-40bn (assuming drop in GDP, which assumes no deal leading to substantial fall in trade with EU, etc, etc) by 2030. cost of Labour manifesto is at least 500bn by 2027, with further yearly £80b on repayment (rising from £43bn today), assuming no rise in interest. thats committed spend in the manifesto, verse possible costs from possible scenario to Brexit. work it out.
just to labour the point, today we spend some 8% of tax on debt repayment, by end of the manifesto pledged that would have doubled. more money on interest repayments than the education budget.
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