Hacker News new | ask | show | jobs
by crdoconnor 3648 days ago
>They'll still get hit hardest. Weak pound means more expensive imports. UK imports ~40% of it's food

I can think of one rule which will get revoked in that case: https://en.wikipedia.org/wiki/Set-aside

Much like Russia (which suffered a much worse currency slump and also imports a lot of food), the UK will likely roll with it and engage in import substitution.

>Speaking to your point on competition as well - if the UK wishes to join the EU free market they will most likely need to accept freedom of movement.

That's clearly the deal the remainers wanted to take but if I recall correctly they lost.

At the low end I'm pretty sure the wage rises coming from fewer Poles, etc. will at least match - and possibly outstrip inflation caused by newly instituted 2-4% tariffs.

1 comments

Have you read the linked article? The leave campaigners are now furiously back-pedalling on their claims about reduced immigration. I'm intrigued as to why you think there'll be "fewer Poles etc.".

Where are these extra jobs going to come from with a rock bottom pound and markets in freefall? Do you believe this was a vote about repatriation or something?

I didn't read it that way. Boris trying to characterize the campaign as being pro-control rather than anti-immigration seems to be an attempt to extend an olive branch to the remainers rather than an attempt to do a 180 on immigration.

He is about to enter a leadership contest and is hoping for votes from tory members of the remain campaign.

He might do a 180 on immigration but I wouldn't say this is evidence of it, and he likely knows he'll pay a heavy price come next elections if he does (assuming he wins leadership).

The other guy who actually is backpedaling is just an MEP whom I'm pretty sure nobody gives a fuck about.

Boris was only in it to become PM. In the metro yesterday Boris was quoted as to saying "the 'only change' the public would see post-brexit was greater control of uk laws".

Even farage has his doubts - https://youtu.be/WrAHJ9fDHUU?t=384