Liberals gasped and declared that the sky was falling after the British people voted to leave the European Union. The historic “Brexit” vote was supposed to tank the economy and send everything into a death spiral according to leftists, but as we’re seeing now, that couldn’t be much farther from the truth.
The London Times reported:
Britain ended last year as the strongest of the world’s advanced economies with growth accelerating in the six months after the Brexit vote.
Business activity hit a 17-month high last month, meaning that the economy grew by 2.2 per cent last year — more than the six other leading nations, including the US, Germany and Japan.
Far from slowing after the referendum in June, as predicted by the Treasury and Bank of England, growth appeared to have improved. GDP grew at 0.3 per cent and 0.6 per cent in the first two quarters of last year, compared with 0.6 per cent and an estimated 0.5 per cent in the final period.Well look what we have here. Britain is thriving under their newfound assertion of sovereignty.
Now that they have told the EU to shove off, the effects are reverberating throughout the economy, in a spectacular example of what respect for the will of the people and national sovereignty can do.
The U.K. Express: Project Fear’s Brexit doom-mongering has ‘LITTLE BASIS IN REALITY’, says damning report
Business Insider: Brexit, what Brexit? The British economy is ‘exceeding all expectations’ post-referendum
This is great news and hopefully it continues to get better and better both in Britain and here in the U.S.
As we have reported here at TFPP, the stock market rallied after Trump’s historic victory here and we’ve seen numerous reports of the business/financial community’s optimism about the future of the economy under Trump.
With Trump soon taking office, there is clearly a great deal of optimism among the American people about our future. Hopefully that becomes a reality in the coming years.