November 9, 2019

CONRAD BLACK: Mr. Machiavelli Headed For Big Win in Britain.

The main reason a majority of Britons want to leave the EU is the micro-management of British public life and British courts and legislators by a regime in Brussels that is not answerable or accountable either to the European Parliament or to the governments of the major constituent states. The second reason is immigration: the famous Polish plumbers are welcome (and much needed), but masses of penniless and unskilled migrants from the Middle East and Africa coming to Britain via Europe are another matter.

Britain will not replace the institutions it has developed over centuries with newly invented institutions run by foreigners, or revert to the level of government accountability that followed the Magna Carta in 1215. The main argument to remain has always been the economic scare: according to the same people who predicted a worldwide economic crash for the day after Donald Trump’s election, British incomes will decline on average by 6% over a few years because of a huge exodus of the financial industry from London to Frankfurt (completely implausible).

Unless the British voters plumb a new depth in perversity, Mr. Johnson should win a sizable majority, little of the London financial industry will depart, and there will be a thunderous in-rush of capital investment to celebrate Britain’s increasing proximity to the United States and reconfirmation as a low-tax country, especially the rejection of the Labor Party’s outright advocacy of widespread nationalization of industry, sharply higher taxes in upper personal income brackets, increased powers to organized labour, and wild fiscal incontinence.

The entertaining Boris Machiavelli will crush the born-again Marxist Labor Party and its advocacy of what President Emmanuel Macron of France has called “Cuba without the sun.”

Read the whole thing.

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