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This sounds reasonable and a half decent way to get out of this situation. However, what we have learnt from this referendum is that the British people are stupid, it is possible to win a campaign on lies, no one gives a shit what experts say and the British people are stupid.
Even with a second referendum and an informed report about how the UK will be fucked if we leave, what is stopping the Farage’s and Johnson’s from unloading another bunch of lies, screaming ‘Sovereignty’ with every second breath and ‘migrants’ with the other? What they will also have this second time round is a detailed plan (even if that plan says leaving would be suicide) and the fact it has been a year since the people voted to leave and the government still hasn’t pulled the trigger. Farage doesn’t care as long as we are out and Johnson would be happy to win (and run for PM) as it was the ‘people’ who voted to cut off their arm.
If this is dragged out for a year or so any contraction on the economy will be put down to the fact it was going to happen anyway, that the government have been stalling on pulling the trigger and the EU wanting to punish us. Whatever shite the Sun and Mail print the people will believe it.
I personally have very little faith in the British people making a more informed decision come a second referendum. Parliament need to accept there is little way of wriggling out of this without getting egg on their face. Parliament need to vote on this.
Edit: Hope that didn’t come across as having a go at you (again, love your ‘from the inside’ posts). Just trying to say the suggestion made to you is generally sound but I don’t think a second referendum would get us out of this mess.
Theresa was the smart money favourite two or three weeks ago, to appear as the sensible grownup who could bridge the gap between the opposite factions of the tory party. I wouldn't say it was decided, because the world has gone mad, but she's certainly the most likely.
Someone suggested today that a face-saving way out for all parties would be to spend a year or so negotiating a complex exit deal, then going back to the country with another referendum, "This is the actual deal, if the country wants to, we'll trigger article 50 tomorrow morning. Are you in or out?"
Gives everyone a chance to calm down, gives the absolute die-hard brexiters another chance to vote fuck you Brussels, and gives everyone else a chance to actually make an informed choice with the consequences spelled out in advance.