At the end of the day, it's about the ECONOMY.UndercoverElephant wrote:OK...having spent considerable time trying to get to grips with the detail of this, my position has changed. Why? Because I think this deal is looking pretty bad for the EU. Yes, signing up to a backstop we cannot get out of looks pretty bad, but to give TM any hope of getting it through Parliament, Barnier had to give away much more than he wanted to. The UK has succeeded in picking cherries, and they are legally binding in the backstop. I think France and Spain are very worried about the UK ending up stuck in the backstop.
What do we get if we're stuck in the backstop? We get tariff-free access to the single market (for goods), free movement is ended, and we get out of both the CAP and the CFP. Spain and France are clamouring now for changes to the political declaration (on future relationships) to "make clear that (after the backstop) our fishermen will retain access to UK waters", but that it not legally binding. This is the EU's own insistence that the WA is agreed before the trade deal coming back to bite them. But this gives us major leverage in future trade talks.
What all this means is that the EU will not want the UK to end up stuck in the backstop. Taking the deal also has the added advantage of injecting some serious poison into the tory party. A lot of their grass roots hate the deal, for the same reason the "hardline brexiteers" hate it. And yet what will they be able to do? Significant chunks of their vote with go over to UKIP.
I think as it becomes obvious in the next few days how upset the French and Spanish are about this deal, support for it in the UK will firm up. Whether it firms up enough to get it through parliament is another matter, but I'd give it a 50% chance.
Whether we like it or not, big chunks of our economy are closely tied to the EU.
Business is lobbying HMG really hard, and I'm guessing individual MPs too.....
There will be a lot of politics between now and the end of March.
In a divorce, neither side gets 100% of what it wants, but unfortunately 'Leave' promised the world
A 'not so bad' deal will always be better than 'no deal'.