Brexit a complete waste of time and money?

in #brexit5 years ago (edited)

Different people supported BREXIT for different reasons, many of them mutually incompatible - some of them are pro-free-trade and anti-regulation, while others are simply anti-immigrant and xenophobic. Thus there was bound to be a clash when it came to the details. I have not examined the details of the draft agreement, but, if as might be the case, it panders to the second type of BREXIT supporters, basically maintaining much of the EU micro-management regulation of work-places, production standards, tariffs, taxes, etc. then the whole megila (look it up) was a waste of time and money.

The agreement says that under the backstop arrangement the UK must observe “level playing field” commitments on competition and state aid, as well as employment and environment standards and tax. These measures are intended to ensure that UK businesses are not able to undercut EU industry.

Provisional UK Brexit deal with EU difficult to secure, says
Brussels has demanded “dynamic alignment” on state aid, which would oblige the UK parliament to simply cut and paste EU regulations as they are issued. Britain must also transfer three EU tax directives into law – on the exchange of tax information, reporting on investment firms and the EU’s code of conduct on taxation.

“Non-regression clauses” will also prevent the UK from bringing in lower standards on social, environmental and labour regulations such as working hours.

Many of these requirements would also be anathema to Conservative Brexiters, for whom leaving the EU represented an opportunity to head towards a low-tax, light-regulation economy such as that seen in Singapore."

Then what the hell was the point? Talk about political inertia!

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Don't even get me started on Brexit! Why tear up something when it's working?

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