I respect the Resolution Foundation, they aren't some batty politically biased thinktank like many are, who just churn out what their funders pay for.Originally Posted by Doucas
That said, I think the headlines are a bit questionable. It is near impossible to untangle the pandemic and then Ukraine from anything. It is also still relatively new territory and even Brexits biggest backers would recognise gains would be long term. It's also another example of a prediction that is somewhat undermined by fact.
Unemployment IS lower in the UK than the EU
Wages are rising faster in the UK than the EU (and far faster than before we left) - alas, inflation more than wipes it out, but as discussed elsewhere this is a problem inside and out of the EU
Exports to the EU are at a record high
Now of course, we don't know what would have happened had we stayed, and it's a valid point on the depreciation of the pound (but note also that the euro is at a 20 year low against the dollar at the moment) but it's highly unlikely we would be vastly outperforming other EU nation - more reasonable to assume we would be doing as they currently are, which as stated is in many respects worse than us.
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