Shortly before Christmas, Dominic Raab made the extraordinary suggestion that we might crash out of the EU on a hard Brexit, not pay the agreed £39Bn settlement, and use that money instead on tax cuts for business. A friend acidly — and rightly — suggested that, when more and more people are needing food banks, and there seems to be an explosion in the numbers sleeping rough, there might be other uses for that money. Her point was underscored by the death of homeless person just outside the Palace of Westminster later the same day.
As a point of fact: if the UK fails to honour what has been agreed, then why would any foreign government trust us? This money is not a sweetener: it is honouring commitments the UK government has already given. If foreign governments can’t trust us, how on earth are the promised “trade deals” to be negotiated?
And the idea of “trickle down”, where money given to the rich somehow boosts everyone has been seriously challenged. The perception is that it instead widens the gap between rich and poor in a way that fuels social tension.