Where Would We Be Without Experts?

Experts predicted that if the UK exited the European Union, their economy would collapse. The economic case against Brexit has now totally collapsed - spiked

And they didn't mean that Germany's economy would collapse.

Ever since the first days of the EU referendum campaign in 2016, the Remain side has been warning us that economic disaster is on the horizon. Time and again, they have reminded us of the near-total ‘expert’ consensus that leaving the EU would shatter the UK economy. Since we formally left the EU in 2020, elite Remainers have developed a kind of Brexit Tourette’s syndrome. Seemingly every economic challenge, from pandemic-induced supply-chain snarl-ups to post-Ukraine energy-price hikes, is now blamed squarely on Brexit.

Except things are never quite what the experts tell use they are.

All during the early days of the Ukraine/Russia War, the energy shocks that all of Europe was dealing with from the absense of Russian natural gas was blamed on Brexit. Lately however, that isn't working out too well.

Except last week, Britain’s GDP figures were radically revised. The Office for National Statistics (ONS) now says that the UK economy actually recovered from the pandemic recession back in 2021. It turns out that wholesalers and the healthcare sector, in particular, had produced much greater output than previously thought.

These updated figures suggest that the UK economy is as much as two per cent larger than previously believed. This means that the UK can no longer be considered the worst-performing economy in the G7. In fact, post-Brexit, the UK recovered from the pandemic at a similar rate to France and at a faster pace than Germany, Europe’s largest economy.

This reminds me of the experts who said that the US couldn't move its embassy to Jerusalem, as has been required by law for a VERY long time, because if we did all hell would break loose. And then we did, under the Trump administration, and all hell did not break out. Experts. What would we do without them? Aside from live a more democratic existence, of course.