Hasn;t Brexit already cost more than our total contributions over 47 years?
No
Even by the measure that the OBR states, GDP per capita, UK was 2nd in Europe in 2016 and is still 2nd in 2022. The economic impact has been massively overstated.
No, the disruption to supply chains from covid and brexit have driven investment decisions to grow more in the UK and to use tech to replace low skill labour that wasn't possible with FOM providing serfs to grub about in the dirt. Cheap labour is a barrier to tech. Modern slavery is a big issue in farming
The CAP was designed to deliver cheap food during conflict, it's failed at the first real test.
The CAP takes the largest slice of the EU budget and the 'modern' farming it encourages have destroyed biodiversity and soil
Policy to fix this has failed miserably to the tune of our entire net contribution to the budget of 66b
The CAP is an environmental disaster. The UK has now created its own agriculture policy that does not subsidise production. This was not possible whilst in the EU.
No doubt. European austerity made it worse though post GFC. The US and China used a shed load more fiscal stimulus than the EU, and have added trillions of extra GDP as a result.
So because the US has terribly performing states, that somehow justifies not being able to set your own monetary policy? That's a weird argument.
Maybe the reason Spain and all the other Southern European countries that struggle to run a decent economy is because the euro is set up to benefit the biggest manufacturers...
Neither is the UK... The problem with being in the eurozone is that member states have no central bank. Spain, for example, is unable to reduce interest rates despite their CPI being under the ECB target of 2% and unemployment over 13%
Instead, the ECB will probably be hiking rates more to quell inflation in other member states.
https://academic.oup.com/oxrep/article/38/1/112/6514751?guestAccessKey=238c3951-7d28-40d7-9285-1eb7d44e76a9&login=false