December 16, 2017
Home 2017 General Election BBC Question Time Jacob Rees-Mogg BLASTS Treasury’s ‘insane’ Brexit forecast as ‘worse than Bank of England’

Jacob Rees-Mogg BLASTS Treasury’s ‘insane’ Brexit forecast as ‘worse than Bank of England’

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Jacob Rees-Mogg BLASTS Treasury’s ‘insane’ Brexit forecast as ‘worse than Bank of England’

JACOB Rees-Mogg criticised the project fear forecasts of the Treasury and claimed it is “worse than the Bank of England”, on Question Time.

The Conservative MP for Somerset dismissed Philip Hammond’s comments that  has left the UK’s economy in a “cloud of uncertainty”.Mr  said: “This is such an opportunity. When we leave we can set our own tariffs.“Tariffs set at the European level make food, clothing and footwear more expensive. They are the highest proportion for the poorest in society’s expenditure.

Brexit - QT

Both Mr Rees-Mogg and Ms Tominey refuted the Bank of England’s claims

“If we can get rid of those tariffs we help the worse off in society. That is a real benefit.”

 said: “Why does your Chancellor of the Exchequer not accept this and sound so gloomy?”

Mr  replied: “Because all the Treasury forecasts assume that instead of cutting tariffs on the rest of the world, we raise tariffs against the EU.

“That is completely insane. The Treasury’s forecasts are even worse than the Bank of England’s.”

Answering the question about whether Bank of England Governor Mark Carney and the area negatively affecting the UK’s negotiating hand, The Sunday Express political editor Camilla Tominey said the Governor repeatedly got his predictions wrong on .

Ms Tominey added: “There have been five consecutive periods of growth. Growth is up 1.9 per cent which is not what the Project Fear brigade were predicting.

“But I suggest that when we speak to our readers, both sides of the demographic divide mostly people just say: ‘Will you get on with it? Just get on with Brexit. Stop posturing, stop fighting between yourselves.’“And, you know, the notion of it being a minority as well. Overwhelmingly people in Parliament people voted for the referendum in the first place. Overwhelmingly in Parliament people voted to trigger Article 50 – overwhelmingly.

Brexit - Dimbleby

David Dimbleby asked Mr Rees-Mogg why the Chancellor sounds so gloomy
“80 per cent or more of the electorate voted for parties that supported , so just do it.’But Baroness Shami Chakrabarti said: “But that’s the Government that has to ‘just do it’, not Mark Carney and not the ”Ms Tominey said: “It’s not just the Government though is it Shami? It’s the EU who despite this conciliatory offer from the Florence Speech are digging in their heels.

Brexit - Question Time Panel

Baroness Chakrabarti said it is the Government’s job to get on with Brexit, not the BBC
“Even though a deal for them is mutually beneficial. This is what is lost in a lot of the rhetoric.“Do the German car industry seriously want to shoot themselves in their own feet by not having a free trade agreement with the UK? That would cost the German car industry alone 29,000 jobs.“The trouble is the Remain argument, I’m afraid, it fails because everybody knows deep down that if we do get this cake and eat it scenario, we can have free trade with Europe and we can have free trade with the rest of the world that is infinitely better.”

 

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