Nope it is stop the very real damage a no deal would cause.
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Replying to @seddon_dan @Mrbaggins7 and
So you think no deal won't do us all harm?
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Replying to @ElJeppy @Mrbaggins7 and
It will immediately hit some business with higher tariffs, but the government can help those companies with 14billion it gets in taxes on EU goods under WTO. Medium term it will a huge economic benefit.
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Replying to @seddon_dan @Mrbaggins7 and
Let's say no deal doesn't cause long term damage (I disagree). What happens next. Is the EU going to be open to beneficial deals for the UK. Will the US back down on their demands we lower the food standards currently in place via the EU. Where are the 40 cut and paste deals?
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Replying to @ElJeppy @Mrbaggins7 and
I hope the US doesn’t back down, there’s nothing wrong with the food standards in the US. More regulation hurts economies.
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Replying to @ElJeppy @Mrbaggins7 and
They hurt the economy and reduce entrepreneurial investment. Governments make “safe” rather than considered decisions, such as in drug approvals. Regulations protect against edge cases that rarely happen (ineffectively) at the cost of hampering the prosperity of the nation.
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I'd rather they erred on the side of caution. I agree over regulation can stifle. I don't think rejecting chlorinated chicken etc is over regulation but the correct stance.
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