According to many so-called economic experts, the sky was going to fall in the United Kingdom after Brexit, the nickname given to the UK vote to leave the European Union.
As it turns out, things are going just fine, according to newly released economic figures. Two of the most-read newspapers in the UK summarize the post-Brexit world.
The Guardian explains:
Fears that a Brexit vote would trigger widespread job losses were not realised last month, with the number of people claiming jobseeker’s allowance unexpectedly falling. The claimant count fell by 8,600 to 763,600 in July, compared with expectations of a rise of 9,500, according to the Office for National Statistics
You read that right. Largely because of Brexit, the experts anticipated more Brits to file for unemployment payments, but instead, fewer people filed.
The Telegraph writes of retail sales being seven times as high as forecasts:
Shoppers shrugged off June’s shock Brexit vote as retail sales smashed expectations last month, data from the ONS showed today. UK retail sales rose 1.4pc month-on-month in July, well ahead of forecasts of a 0.2pc rise.
Immediately following Brexit, fans of World Government immaturely pouted, complained, and panicked when voters democratically chose to leave the EU. Now, the centralizers, planners, and bureaucrats are looking more like Chicken Littles than experts.
Decentralization 1 – World Government 0.
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