Brexit is happening — so let's all cheer up about it

Source: Foundation for Economic Education
by Daniel Hannan

"In the aftermath of the vote, many of my Remainer friends were genuinely worried about an abrupt economic shock. In a lot of cases, indeed, this was their chief reason for having voted to stay in. And in fairness, it wasn't just the Remain campaign that prophesied frogs and locusts. Most academic economists, along with the Treasury, the Bank of England, the IMF and the OECD, forecast an immediate downturn as a result of a Leave vote. In the event, all these organisations have since been scrabbling to revise their predictions upwards, and you can see why. Britain grew more strongly in the six months after the vote than in the six months before it …. But the remains of Remain, the irreconcilable Europeans, are behaving like doomsday cultists, constantly deferring the date of the coming apocalypse. Being cultists, they can’t quite hide the fact that they relish the prospect of obliteration — however unappealing that attitude is to everyone else." (04/06/17)