...but hey, do what you want...you will anyway.On Thursday, Britain elected the most right-wing government in decades. The Conservative Party won 365 out of 650 seats, giving Boris Johnson the strongest Tory majority since 1987 and, in his words, “a powerful new mandate to get Brexit done.” While the American public digests what to make of the Labour Party’s crushing loss (what might it mean for 2020), U.S. business interests are surely celebrating. Johnson has promised a withdrawal by January 31, 2020 — and U.S. industry groups, from pork to pharma, are eyeing the negotiations as a Trojan horse for corporations to seize more power and gut consumer protections.
British voters think Brexit will simply restore national sovereignty, limit migration, and restore local control, writes Lee Fang. In fact, corporate lobbyists now see a “historic opportunity” to use Johnson’s proposed swift exit from the European Union to forge bilateral trade deals. One of the greatest risks of Tory leadership is to the U.K.’s National Health Service. The NHS is already outsourcing an unprecedented level of patient care to private health care firms, many of which are owned by U.S. corporations. As Brexit moves forward, health care executives hope to “capture” more and more of the British market.
Sunday, December 15, 2019
More about Brexit
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