Ones and Tooze The Economic Legacy of Boris Johnson
Jan 28, 2022
Boris Johnson's legacy looms large as scandals threaten his leadership, with Brexit, COVID, and Partygate at the forefront. The hosts dive into the economic turbulence caused by these events, critiquing the government's crisis management. They also unpack the complicated aftermath of Brexit, questioning the UK’s economic strategy. On a different note, they explore midlife crises, revealing surprising age-related happiness data, and how financial pressures impact different generations in today's world.
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Brexit's Economic Impact
- "Project Fear" exaggerated Brexit's short-term economic impact, which was mitigated by institutions like the Bank of England.
- Long-term effects, like declining trade with the EU, are now emerging.
Britain's Post-Brexit Economic Future
- Britain hasn't defined its post-Brexit economic future.
- There's a gap between increased government involvement and deregulation.
Brexit as an Adventure
- Adam Tooze recounts a conversation with a man who viewed Brexit as an adventurous return to Britain's seafaring, buccaneering roots.
- This anecdote highlights the emotional and non-economic drivers behind Brexit.