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Rees-Mogg mocked for saying Brexit permits us to decrease meals costs

The previous Brexit alternatives minister made the feedback on his GB News show as he bigged up the ‘first post-Brexit commerce deal’ happening with Australia and New Zealand. Based on the outspoken host, the elimination of commerce tariffs between the respective nations will ‘make produce cheaper for British shoppers.’ Rees-Mogg then went on to quote the mid-nineteenth century Corn Legal guidelines as supposed proof that the elimination of tariffs will lead to cheaper costs.

The Corn Legal guidelines had been tariffs and different commerce restrictions on imported meals and grain. They ensured profitable earnings for landowners and led to free merchants demanding their abolishment as a way to defend the dwelling requirements of the poor, and, most urgently, alleviate the Irish famine. When the legal guidelines had been lastly repealed in 1846 they ushered a brand new period of free commerce, and the price of bread fell, boosting the spending energy of the nation.

The Corn Legal guidelines are sometimes referenced by Brexit commentators like Jacob Rees-Mogg has some form of proof of the advantages of free commerce.

Satirically, the Corn Legal guidelines cut up the Tory social gathering in an identical approach that Brexit has in the present day. Moreover, critics of the Corn Legal guidelines’ mannequin warn {that a} related unilateral transfer in Britain would expose sectors like farming and car to doubtlessly devastating competitors.

Rees-Mogg’s feedback this week that ‘like these anti-corn legislation campaigners, the British individuals ought to now have the best to get rid of protectionism and have cheaper meals from around the globe,’ ignited loads of response.

Pointing to feedback the outspoken Brexiteer had previously made about Brexit import implications risking pushing the worth of products up, political commentator Marina Purkiss wrote:

“Permits… Being single permits one to this point supermodels, aint gonna occur although is it. In truth, meals costs are going to go up aren’t they? You even stated so your self….”

Femi alluded to the identical level, sharing a clip of Rees-Mogg saying that Brexit will enhance meals costs by as much as 71 % in 2024.  

Others questioned the trustworthiness of the Tory MP: “… I do know that bread and milk are costlier. I additionally know you possibly can’t belief JRM to inform the reality on something,” somebody posted, whereas others famous how not solely has meals turn into costlier since we left the EU, however it is usually decrease in high quality and is typically unavailable.

Rees-Mogg’s feedback come as business knowledge reveals that UK store value inflation in Might rose to its highest charge for a minimum of 18 years. The price of merchandise elevated at an annual charge of 9 % in Might, up from 8.8 % in April, marking the quickest enhance since British Retail Consortium records began in 2005.

Moreover, research by the London School of Economics reveals Brexit is accountable for a 3rd of UK meals value inflation. The economists say border prices have added £7 billion to grocery payments, undermining claims by the federal government – and ardent Brexiteers like Jacob Rees-Mogg – that the EU divorce has benefited Britain.

Gabrielle Pickard-Whitehead is a contributing editor to Left Foot Ahead

Picture credit score: Twitter display screen seize

The publish Rees-Mogg mocked for saying Brexit allows us to lower food prices appeared first on Left Foot Forward: Leading the UK's progressive debate.