Short Term
I was once told by one of the highly armed members of the Met police Diplomatic Protection Squad that the trouble with politicians is that they only concern themselves with what happens up to the next election.
It’s amazing just what kind of conversations one can have while on a picket line.
There is something very similar which has been going in relationship to Brexit.
I’ll not go in to what effect it is happened due so far, but will note the following.
– The UK economy is now in stagnation, with growing inflation, as real incomes keep declining.
– While public spending on health care, public transport, and education is still being slashed.
As to the whole Brexit process, it can be summed up in one word: –
Yet all of this can still be reversed.
Long Term
What can’t be reversed is the amount of public money which will have to be spent over many hundred years in cleaning up the effects of having had a nukiller power industry.
Even the Nuclear Decommissioning Authority state that we are: –
‘Dealing with uncertainty.’
‘ The decommissioning mission is scheduled for completion in 2120, more than a century after the creation of the NDA.
The precision of any cost forecast over such long time scales is clearly open to question.
Calculating the total decommissioning bill is extremely difficult. In the short term, where there is greater certainty about the nature of the work to be completed, costs can be forecast with more accuracy.’
The most telling statement being that: –
‘In recognition of this uncertainty, the NDA publishes a range of estimates that could potentially be realistic. Based on the best data now available, different assumptions could produce figures somewhere between £97 billion and £222 billion.’
Now just contrast that with the much debated Brexit exit figures which are currently being thrown about.
Thus it should be noted.
The trouble with politicians is that most of them are fiscally illiterate, as they are unable to do look at any long term costings.