The news media this morning tell me that some of the pathetic runts who have inveigled themselves into Parliament have come up with a spiffing wheeze. They suggest that as Mrs Merkel is in a possibly-terminal struggle for her political existence, the time is right to cut down the amount that the UK should offer to the European Union to settle our obligations as departing members.
Most of the citizens I know - many of whom voted Leave - agree with Mrs May's public assertions that we should pay all that we owe, fair and square. It should have been possible to produce openly-published estimates of the amount many months ago, and most people are bemused that this has not been done. It is a matter of accountancy: the items should be listed, defined, quantified [in sterling] and a total determined. The UK government's tabulation may not tally with that of the Brussels bureaucracy, and an arbitration might be needed; but the whole thing should be open and and conducted in a fair minded manner on both sides.
This is the latest incident of low-mindedness among some politicians, whose behaviour has become a national embarrassment. The word puerile derives from the Latin puer - a boy - and is used to denote human conduct [chiefly by apparently-adult males] that seems to others to be very like the sort of behaviour in which pubescent males engage: often when they group together and goad each other on towards a greater excess of silliness. Every male adolescent is puerile at times: that is human nature. When grown men act in a puerile manner that is always embarrassing: when men in public life behave thus, it is a national disgrace. We have almost become used to fractions of the Conservative Party behaving in such a way: yet it is still painful, and the nation is shamed by it. That Mrs May is so weakened by her election debacle that she is at the mercy of such men is a national tragedy.
It is very hard to see where we go from here. It does appear that the government has ignored the idiots, for the time being, and agreed that we should make an increased offer to get the financial conditions of Brexit settled. It is devoutly to be wished that the government can hold to that decision and move on to substantive discussions.
Economics is fundamentally unscientific. The economic crisis has speeded the shift of power to emergent economies. In Britain and the USA the theory of 'rational markets' removed controls from the finance sector, and things can still get yet worse. Read my book, No Confidence: The Brexit Vote and Economics - http://amzn.eu/ayGznkp
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Showing posts with label Conservative Party. Show all posts
Showing posts with label Conservative Party. Show all posts
Tuesday, 21 November 2017
Monday, 13 November 2017
A Symbolic Bonnet?
I was brought up, long ago, with the constant admonition: 'do not mock the afflicted!'
I usually avoid doing so; but sometimes it seems that a voluntarily-adopted affliction makes an important point about the person who has adopted it. I increasingly feel this about the prime minister's selection of clothes. I recognise that she is tall and slim: as many leading models are, so there is an amplitude of clothing for women of means who are of those dimensions to choose from. Mrs May's choices vary between the odd and the wildly eccentric; and yesterday at the Cenotaph I thought that she established a new, abnormal norm. The black bonnet that she had selected - possibly it was even designed for her - looked like something that a war widow of 100 years ago would have dressed her teenage daughter in for a remembrance event: yet it was also vaguely reminiscent of a German army helmet. Yesterday it simply looked anachronistic on a grown woman.
But for me it also epitomised her situation. She gambled on winning enough seats in the Commons for the Conservative Party so that she could discount the ten-to-twenty headbanging Brexiteers who for various reasons - including pure stupidity - want to risk national economic ruin by interpreting the referendum result of 2016 as authorising the government to leave the European Economic Area altogether, on a cliff-edge date at the end of March 2019. As she totally misjudged the one-woman campaign that she ran, she lost her majority; since when the headbangers [and the DUP] have dominated her field for policy options. She has retreated into a psychological bunker, from which - so it is rumoured - she continues to radiate confidence that all will become well in the best of all possible worlds: sometime. And meanwhile, as M Barnier has said, the clock on the exit door is ticking.
Yesterday the Sunday Times - never known as a Labour-supporting vehicle - gave a prominent page to an article in the name of Jeremy Corbyn [which was, therefore, at least authorised by him]. In it he presaged a shift of parliamentary arithmetic, implying his recognition of the fact that while virtually all members of the Commons accept that the referendum result [though many of them think it unfortunate] must - at least, minimally - be implemented. But he also accepts that an overwhelming majority of members have come to recognise that to leave the Common Market and the European Union in a simple step would be a calamity for the country.
To demand a general election - which may become necessary if Mrs May is defeated by the defection of any section of her party - would mean that the current crop of MPs have abdicated all responsibility. It is deeply unclear what the result of a general election would be: but the most probable outcome would be a small renaissance for the LibDems, the Scots Tories at least holding their position, no change in Ulster, Labour gains in Scotland [but the Nats still in the lead] and no clear result from England. Labour might just be the biggest party, though the Tories have an equal chance of that; so the construction of a coalition would be a slow and painful business: while the Europeans could fold their arms and enjoy the British discomfiture and the tick of the clock.
The last time when Britain was in a comparable situation was in June, 1940; when a paralysis of government [albeit, with a strong Conservative majority] faced an existential threat. Talk of coalition was in the air; and Labour had already made clear that they could not support a Chamberlain-led government: though they also accepted that the Tory majority required that any coalition was led by a Conservative. In the crucial debate, as a government supporter spoke for the government, a fellow member challenged him to "speak for England". The government left the debate with a clear majority, but the loss of confidence in them was equally clear. Chamberlain - a sick man - resigned, and the amazing, anachronistic career of Winston Churchill reached its apogee.
Corbyn is no Churchill: he is no patriot, he has supported obnoxious alien regimes acting on the lines of the traduced anti-patriots of whom W S Gilbert wrote they admire "all centuries but this one, and all countries but their own". Corbyn's recent adoption of statesmanlike utterances - at odds with his career-long posturing - is utterly unconvincing: but if he were to prove capable of keeping to manifesto promises [and capable of keeping his close associates within those bounds] he might be useful in the hour of crisis.
I usually avoid doing so; but sometimes it seems that a voluntarily-adopted affliction makes an important point about the person who has adopted it. I increasingly feel this about the prime minister's selection of clothes. I recognise that she is tall and slim: as many leading models are, so there is an amplitude of clothing for women of means who are of those dimensions to choose from. Mrs May's choices vary between the odd and the wildly eccentric; and yesterday at the Cenotaph I thought that she established a new, abnormal norm. The black bonnet that she had selected - possibly it was even designed for her - looked like something that a war widow of 100 years ago would have dressed her teenage daughter in for a remembrance event: yet it was also vaguely reminiscent of a German army helmet. Yesterday it simply looked anachronistic on a grown woman.
But for me it also epitomised her situation. She gambled on winning enough seats in the Commons for the Conservative Party so that she could discount the ten-to-twenty headbanging Brexiteers who for various reasons - including pure stupidity - want to risk national economic ruin by interpreting the referendum result of 2016 as authorising the government to leave the European Economic Area altogether, on a cliff-edge date at the end of March 2019. As she totally misjudged the one-woman campaign that she ran, she lost her majority; since when the headbangers [and the DUP] have dominated her field for policy options. She has retreated into a psychological bunker, from which - so it is rumoured - she continues to radiate confidence that all will become well in the best of all possible worlds: sometime. And meanwhile, as M Barnier has said, the clock on the exit door is ticking.
Yesterday the Sunday Times - never known as a Labour-supporting vehicle - gave a prominent page to an article in the name of Jeremy Corbyn [which was, therefore, at least authorised by him]. In it he presaged a shift of parliamentary arithmetic, implying his recognition of the fact that while virtually all members of the Commons accept that the referendum result [though many of them think it unfortunate] must - at least, minimally - be implemented. But he also accepts that an overwhelming majority of members have come to recognise that to leave the Common Market and the European Union in a simple step would be a calamity for the country.
To demand a general election - which may become necessary if Mrs May is defeated by the defection of any section of her party - would mean that the current crop of MPs have abdicated all responsibility. It is deeply unclear what the result of a general election would be: but the most probable outcome would be a small renaissance for the LibDems, the Scots Tories at least holding their position, no change in Ulster, Labour gains in Scotland [but the Nats still in the lead] and no clear result from England. Labour might just be the biggest party, though the Tories have an equal chance of that; so the construction of a coalition would be a slow and painful business: while the Europeans could fold their arms and enjoy the British discomfiture and the tick of the clock.
The last time when Britain was in a comparable situation was in June, 1940; when a paralysis of government [albeit, with a strong Conservative majority] faced an existential threat. Talk of coalition was in the air; and Labour had already made clear that they could not support a Chamberlain-led government: though they also accepted that the Tory majority required that any coalition was led by a Conservative. In the crucial debate, as a government supporter spoke for the government, a fellow member challenged him to "speak for England". The government left the debate with a clear majority, but the loss of confidence in them was equally clear. Chamberlain - a sick man - resigned, and the amazing, anachronistic career of Winston Churchill reached its apogee.
Corbyn is no Churchill: he is no patriot, he has supported obnoxious alien regimes acting on the lines of the traduced anti-patriots of whom W S Gilbert wrote they admire "all centuries but this one, and all countries but their own". Corbyn's recent adoption of statesmanlike utterances - at odds with his career-long posturing - is utterly unconvincing: but if he were to prove capable of keeping to manifesto promises [and capable of keeping his close associates within those bounds] he might be useful in the hour of crisis.
Thursday, 2 November 2017
Redwood - Dead Wood - Tinder - Conflagration?
I have always thought that John Redwood was better than he is generally presented by the liberal media. He has seemed - to me - more sensible than the hard core of boneheaded right-wingers who have made the prime ministerial careers of John Major and Theresa May unnecessarily difficult. There was, of course, the extreme embarrassment of him being filmed [as Secretary of State for Wales] trying to move his lower jaw in time to the Welsh National Anthem: and failing utterly. But in general I saw him as a 'trier' who was honest and not lacking in intelligence.
Then I saw a bit of his performance in the House of Commons yesterday: oh dear!
The issue was Brexit. His face was distorted with extreme, vitriolic anger. He was fed up, he declared, with the people who do this country down. The remainers and the soft Brexiteers - from his perspective - belittle this great country. Of course we can stand alone in the world, and triumph economically [with the implication that this task is trivial compared to the glorious achievement of solitary Britain in 1940-42].
It was painful and tragic to see him reduced to such a stupid and irrational argument. In descending to this lack of serious content his speech was about the best argument against his side of the issue that I have yet encountered.
The hard Brexiteers ignore the realities of the economic situation in the world. WTO Rules do not offer a safe basis on which the UK can instantly build a pattern of close trade deals with countries outside the European Economic Area, as has so often been stressed in this blog. Tariffs are not the key issue: regulations and quid-pro-quo deals that get round WTO standards dominate in world trade agreements, and the UK does not have the intellectual resources of trained manpower that would be needed to get even tentative interim deals in place by March 2019; or, indeed, by December 2021.
By declining to vote in the Commons yesterday, on the motion to publish the dossiers on 52 sectors of the economy and the potential impact on them of leaving the EEA, the Conservative Party again displayed that it has lost control of the House. It is almost certain that when these dossiers are released, they will provide a massive stock of ammunition for the remainers and will seriously undermine the sanguine daydreams of the hard Brexiteers.
The resignation on the same day of the highly-regarded Defence Secretary, on grounds that most men [and many women] of his age and origin would think to be spectacularly trivial, indicates to me that Sir Michael Fallon welcomed an excuse to get out from under the bonfire that is being built in the Tory party.
Redwood is - in political terms - dead wood, tinder dry; ready to support a conflagration that could end the two centuries of Conservatism as the dominant political organisation in the United Kingdom. The arch-Brexiteers would [apparently] force the collapse of the May government if their diabolical mission to undermine the economy is defeated. An election before Christmas has become a strong possibility; thought not yet probable.
Corbyn has always regarded the EU as a capitalist club: so he has been against it, even though Labour under his leadership notionally supported the remainers in the 2016 referendum: where millions of old-Labour voters went the other way. I doubt if the Labour leader has a clear view of what the European Economic Area is: and it is problematic whether Keir Starmer can bring him to a sensible stance on that matter. This is the one factor that could loose a December [or February] election for Labour. Politics have suddenly become much more interesting: and more frightening!
Then I saw a bit of his performance in the House of Commons yesterday: oh dear!
The issue was Brexit. His face was distorted with extreme, vitriolic anger. He was fed up, he declared, with the people who do this country down. The remainers and the soft Brexiteers - from his perspective - belittle this great country. Of course we can stand alone in the world, and triumph economically [with the implication that this task is trivial compared to the glorious achievement of solitary Britain in 1940-42].
It was painful and tragic to see him reduced to such a stupid and irrational argument. In descending to this lack of serious content his speech was about the best argument against his side of the issue that I have yet encountered.
The hard Brexiteers ignore the realities of the economic situation in the world. WTO Rules do not offer a safe basis on which the UK can instantly build a pattern of close trade deals with countries outside the European Economic Area, as has so often been stressed in this blog. Tariffs are not the key issue: regulations and quid-pro-quo deals that get round WTO standards dominate in world trade agreements, and the UK does not have the intellectual resources of trained manpower that would be needed to get even tentative interim deals in place by March 2019; or, indeed, by December 2021.
By declining to vote in the Commons yesterday, on the motion to publish the dossiers on 52 sectors of the economy and the potential impact on them of leaving the EEA, the Conservative Party again displayed that it has lost control of the House. It is almost certain that when these dossiers are released, they will provide a massive stock of ammunition for the remainers and will seriously undermine the sanguine daydreams of the hard Brexiteers.
The resignation on the same day of the highly-regarded Defence Secretary, on grounds that most men [and many women] of his age and origin would think to be spectacularly trivial, indicates to me that Sir Michael Fallon welcomed an excuse to get out from under the bonfire that is being built in the Tory party.
Redwood is - in political terms - dead wood, tinder dry; ready to support a conflagration that could end the two centuries of Conservatism as the dominant political organisation in the United Kingdom. The arch-Brexiteers would [apparently] force the collapse of the May government if their diabolical mission to undermine the economy is defeated. An election before Christmas has become a strong possibility; thought not yet probable.
Corbyn has always regarded the EU as a capitalist club: so he has been against it, even though Labour under his leadership notionally supported the remainers in the 2016 referendum: where millions of old-Labour voters went the other way. I doubt if the Labour leader has a clear view of what the European Economic Area is: and it is problematic whether Keir Starmer can bring him to a sensible stance on that matter. This is the one factor that could loose a December [or February] election for Labour. Politics have suddenly become much more interesting: and more frightening!
Saturday, 30 September 2017
Brexit Buffoons, Regulations and Point Protectionism
Boris Johnson has sounded-off again, this time to the Sun, with his demands about Brexit. The transition must be absolutely no more than two years, and the UK should not accept new EU regulations in that period. This keeps him in front of the 'hard Brexiteers' in the Conservative Party, ahead of what is certain to be a very painful party conference for the Prime Minister who decided to hold an election, then ran it the way her close advisers suggested, and so lost her parliamentary majority. Members of the party from all factions know that the Corbyn-McDonnell chances of winning a general election [in England, Wales, and - just possibly - the lost Labour heartlands of Scotland] are astonishingly high. Thus the Tories dare not topple the leader, simply because there is no obvious alternative who could surely prevent the party from disintegrating sufficiently to force a general election.
Thus the Conservatives have to negotiate Brexit: with an increasing majority of the party daily becoming more aware [as are Labour MPs] that the complete separation of the UK from the European Economic Area would put the livelihoods of all sixty million people who depend on the UK economy in grave jeopardy. The Minority of fervent Brexiteers, together with the ambitious chancers who have joined them, assert that the UK can open up huge vistas of trade all over the world, by making trade agreements with a whole raft of countries under WTO Rules.
The World Trade Organisation had its origins in GATT - the General Agreement on Tariffs and Trade - which was set up alongside the International Bank for Reconstruction and Development [normally called the World Bank] and the International Monetary Fund [IMF] by the victorious allies at the end of the Second World War in the belief that the two devastating wars of the twentieth century were largely economic in origin. The USSR was wholly, dogmatically convinced that the First World War was the result of expansionist imperialist competition between the European powers; and they ascribed the second to a re-run of the same conflict between a resurgent Germany and the 'Anglo-Saxon' states that had succeeded in 1918 and then dissipated the fruits of victory in the Depression of the 'thirties. The USA and the UK shared the view that the competitive inefficiencies of capitalism had exacerbated the economic problems of the late 'twenties and early 'thirties. The idea behind the new system was to provide transparent means by which each economy could grow as part of a successful international community.
The USSR soon withdrew from active participation in the institutions, and compelled its satellites to leave as well. Then the international organisations served the 'capitalist' world, in an uneasy relationship with the 'third world' of notionally 'non-aligned' countries [which asserted their independence of both the USSR-led and US-led pattern of alliances that maintained the cold war from 1949 to 1992]. During that period the GATT became the WTO, and had to accommodate itself to a global reality where the rhetoric of free trade was greatly modified by each country building up defensive mounds of regulations that kept out many imports that other countries could offer them in greater quantity and of more sophisticated design than their own factories could produce; without imposing tariffs that openly breached WTO rules. When such rules failed, and a government wanted to exclude some import, they could - and did - simply impose 'extraordinary' tariffs, usually 'temporarily' to keep out the unwelcome export. That is what I have called point protectionism in this blog. The recent spat engineered in the USA by Boeing is merely one of thousands of examples.
If Boris Johnson and Liam Fox are such starry-eyed innocents that they believe that WTO Rules will be enough to ensure that the UK can make a safe transit into a post-EU trading world, they are profoundly dangerous.
Thus the Conservatives have to negotiate Brexit: with an increasing majority of the party daily becoming more aware [as are Labour MPs] that the complete separation of the UK from the European Economic Area would put the livelihoods of all sixty million people who depend on the UK economy in grave jeopardy. The Minority of fervent Brexiteers, together with the ambitious chancers who have joined them, assert that the UK can open up huge vistas of trade all over the world, by making trade agreements with a whole raft of countries under WTO Rules.
The World Trade Organisation had its origins in GATT - the General Agreement on Tariffs and Trade - which was set up alongside the International Bank for Reconstruction and Development [normally called the World Bank] and the International Monetary Fund [IMF] by the victorious allies at the end of the Second World War in the belief that the two devastating wars of the twentieth century were largely economic in origin. The USSR was wholly, dogmatically convinced that the First World War was the result of expansionist imperialist competition between the European powers; and they ascribed the second to a re-run of the same conflict between a resurgent Germany and the 'Anglo-Saxon' states that had succeeded in 1918 and then dissipated the fruits of victory in the Depression of the 'thirties. The USA and the UK shared the view that the competitive inefficiencies of capitalism had exacerbated the economic problems of the late 'twenties and early 'thirties. The idea behind the new system was to provide transparent means by which each economy could grow as part of a successful international community.
The USSR soon withdrew from active participation in the institutions, and compelled its satellites to leave as well. Then the international organisations served the 'capitalist' world, in an uneasy relationship with the 'third world' of notionally 'non-aligned' countries [which asserted their independence of both the USSR-led and US-led pattern of alliances that maintained the cold war from 1949 to 1992]. During that period the GATT became the WTO, and had to accommodate itself to a global reality where the rhetoric of free trade was greatly modified by each country building up defensive mounds of regulations that kept out many imports that other countries could offer them in greater quantity and of more sophisticated design than their own factories could produce; without imposing tariffs that openly breached WTO rules. When such rules failed, and a government wanted to exclude some import, they could - and did - simply impose 'extraordinary' tariffs, usually 'temporarily' to keep out the unwelcome export. That is what I have called point protectionism in this blog. The recent spat engineered in the USA by Boeing is merely one of thousands of examples.
If Boris Johnson and Liam Fox are such starry-eyed innocents that they believe that WTO Rules will be enough to ensure that the UK can make a safe transit into a post-EU trading world, they are profoundly dangerous.
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