petej + withdrawalagreement   444

All the Brexit you can eat | Richard Seymour on Patreon
To get a parliamentary majority, she and everyone else knows perfectly well that she must drop Tory 'red lines'. She must negotiate seriously with Labour MPs and unions, make real concessions on workers' rights, and offer serious investment to Leave-voting constituencies.

Yes, that means fucking over her own headbanger backbenchers and the DUP. Yes, it risks a schism. Yes, her parliamentary situation is precarious enough. Yes, it means giving something to Jeremy Corbyn. But consider the results of actually securing a deal. Currently, businesses are hoarding a lot of capital. In the last year, we've seen the longest downswing in business investment outside of a recession for fifteen yeas. On top of that, almost a trillion pounds in assets and investments has been withdrawn from the City in fear of a "no deal" Brexit. (They call this 'Brexodus', because of course they do.)

In the event of a deal, even May's dismal deal, all that investment comes flooding back in. Unless the inevitable recession hits before then, it means a significant bump in economic growth in an otherwise weak economy, a bonus for Treasury receipts and a chance for Philip Hammond to relax the purse strings. All that money being set aside for 'no deal' preparations could be handed out to government departments. The Tories would have delivered on an historic mission, the Remoaners would be temporarily marginalised, Labour would be weakened, and May would get quite a lot of cachet from affluent centre-ground voters for standing up to her nutters. I would expect the Conservatives to start polling in the mid-Forties if they achieved that. Given the degree of fragmentation of public opinion on Brexit, any definite resolution would likely be welcomed. That would surely weaken the hand of right-wing splitters.
UK  EU  Brexit  withdrawalAgreement  meaningfulVote  MayTheresa  politics  ERG  ToryParty  redLines  strategy  dctagged  dc:creator=SeymourRichard 
9 days ago by petej
Theresa May’s Brexit lost to the ultimate adversary: reality | Rafael Behr | Opinion | The Guardian
This has been the greatest source of frustration and shock for the rest of Europe: the spectacle of a once serious country, formerly admired for the coolness of its temperament, racing towards perilous choices while turning its face defiantly against obvious realities. That, plus the tragic irony of history creating a vacancy for visionary leadership and then filling it with May.

There is an almost perfect mismatch between the prime minister’s character and the skills she has needed. She was blunt when she should have been diplomatic; inscrutable when she needed to be candid. When imagination was required, she opted for inane repetition. When she should have reached out, she doubled down. She appeased enemies of compromise in parliament and squandered goodwill in the country.

It can be hard to disentangle the disaster Brexit might always have been from the specific mess May has made of it. There are turnings on the road to failure that she did not need to take, junctions that were missed. She did not have to embark on the article 50 route before knowing where it led. She could have drawn different red lines or changed them when they confined her to impossible choices. But while there were problems with the driver, there were also limits to how far she could get with Brexiteer maps, scrawled in crayon on the eve of the referendum with wild, higgledy lines pointing at destinations that don’t exist.

The result is that the country has been driven round in circles. The parliamentary debate on May’s deal today was a gloomier, paler version of the one that was held in January. For much of the day the Commons benches were emptier than last time. The prime minister’s exhausted voice was hoarser. The deal was rejected by a smaller margin not because it has got any better, but because fear and exhaustion are catching up with Tory MPs, overtaking their belief that something better will come along.

As for the implacables who voted against May, they were not jubilant. They inflicted a defeat, but they know also that there was no victory here for any kind of Brexit. A ruinous no deal is still technically possible, but a chain of events has been triggered that could lead to postponement or even annulment of the whole project. The prime minister’s humiliation could rebound on to every Eurosceptic fanatic who urged her ever further and faster down the road to nowhere. Brexiteers have a dangerous adversary that they cannot name. It isn’t any opposition party, or Brussels, or remainers. It is reality.
UK  EU  Brexit  withdrawalAgreement  meaningfulVote  defeat  HouseOfCommons  Parliament  backstop  Euroscepticism  MayTheresa  politics  nationalism  delusion  leadership  failure  dctagged  dc:creator=BehrRafael  intransigence 
10 days ago by petej
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