Comments by "Steven" (@Steven-vo4ee) on "UK economy crippled by inflation - are high prices here to stay?" video.

Let us feed our kids SOVEREIGNTY and heat our houses with SOVEREIGNTY....
24
"It's got nothing to do with Brexit" chant the cultists.
18
@LZE. It’s minimally “free”, quotas and tariffs still apply in certain circumstances, also and far more importantly there new enormous non-tariff barriers, customs red tape, the loss of frictionless trade and just-in-time supply chains.
13
@abhi739 The Chinese method then?…
11
@LZE. Now you’re using free in an entirely different sense, plus this is very old ground which has been covered umpteen times… Memberships of clubs aren’t free, however benefits of membership significantly outweigh monetary costs, the UK’s budgetary contributions to the EU provided many-fold economic returns, not least to trade which is now at best significantly impeded, or at worst lost. No new trade deals can or will overcome this.
11
Doesn't explain why the UK is by far the worst effected despite similar policies being enacted across the developed world...
5
He said red tape would be cut too, instead we swapped a molehill of EU red tape for a mountain of Brexit red, white and blue tape....
4
@LZE. Imagine the true unfettered free trade within the EU being full fat milk, what we have post Brexit is so ultra skimmed the fat content is at a homeopathic level of dilution.
4
@ianc7866 Claiming JIT continues between the UK and the EU when it self evidently has ceased, is absurd, truly akin to flat earth nonsense. JIT or not, other supply chains in other countries are irrelevant to that between the UK and the EU, and are innately incomparable. UK automotive manufacturing output has fallen year on year post the referendum (bar a small short lived bounce in 2021 for obvious reasons). It isn’t going to improve as there is no real new investment, it’s in at best a state of managed decline. The decline may have always been inevitable, however it’s undeniable that Brexit has accelerated and exacerbated it.
4
@ChristianPatriarchy Seek help.
3
Keep believing in fairy tales.
3
@LZE. Is it in any way shape or form “free” as it was before Brexit?
3
@ianc7866 JIT has ended, which combined with new barriers to trade has led to the UK’s automotive production sector’s precipitous decline, with legacy manufacturers no-longer seriously investing, start-ups leaving and/or failing, and even Brexit’s most vocal backers not wishing to produce their vehicles in the UK, such as Jim Radcliffe instead choosing Austria and France. As for your second point you have either misread or misunderstood my comment. The “enormous” are the non-tariff barriers combined, not one of them individually.
3
@lee9650 Furlough
2
@abhi739 It’s not a solution and it wouldn’t work, rather it would significantly compound our problems and make us look absolutely desperate.
2
"World Beating".... inflation.... hooray....
2
@theancientsancients1769 Abject nonsense.
2
@ianc7866 Honda left the UK as they could produce the vehicles in Japan and export them both to UK and EU, without the EU component origin tariffs they would have eventually faced if production had remained in the UK.
2
@ianc7866 You answered your own question in your question… They don’t need to, the cost of creating new plants and training new staff in the EU is greater than using / expanding existing ones in Japan. Also the benefit of remaining in the UK as a beachhead to the EU27 is gone due to Brexit. If it had not been for Brexit, retaining existing staff and facilities in the UK likely would have been the least costly option.
2
@ianc7866 It should be noted that the EU Japan trade agreement was negotiated and agreed post the referendum, had the UK not decided to leave the EU it could have protected the UK’s automotive industry interests in the negotiation process, but it threw its say and its interests away.
2
@ianc7866 Ian you brought Honda into this, why I don’t know, you’ve not taken this anywhere useful or aided your arguments by doing so, rather dug a pointless rabbit hole.
2
"Third world" is really misunderstood and misused, it has nothing to do with economic and human development. The first, second and third worlds refers to Cold War allegiances, First = American / NATO, Second = Soviet / Warsaw Pact, Third = Unaligned. Switzerland is literally a "third world country".
1
Paul your plan makes Trussonomics sound eminently sensible…
1
More fairy tales.
1