If Brexit does turn out be an economic mistake then could country turn to the man who warned about the risks of Brexit?
We’ve been here before, a charismatic former Tory Chancellor who warned the country and Tory party against a particular course of action, his counsel was ignored, he was exiled on the backbenches whilst his warnings initially proved to be incorrect.
But in the fullness of time it was proved Winston Churchill was right and the appeasers were wrong, we might see something similar, if like the appeasers, the Brexiteers initial correct assessments make them act in a de haut en bas manner. Hubris will not go down well with the electorate, especially if the Brexit deal proves particularly sub-optimal for the UK economy.
A minor slowdown could be explained away as part of the normal economic cycle, but a longer and deeper recession is probably George Osborne’s best hope of becoming Tory leader and Prime Minister, like Winston Churchill when the country is in need will they call for the man who was proved right? William Hill have George Osborne at 20/1 to be next Tory leader, I’ve had a bet.
I suspect even Osborne’s many critics would agree with the Churchill comparison, after all after Churchill’s first general election as Tory leader, the Tories lost nearly 200 MPs as Labour took power in a landslide.