The Wrong Time For An Election

At 11.15am on Wednesday, Theresa May announced that there will be a general election on June 8th, a significant step towards implementing her vision of a hard Brexit. In announcing an election – having refused to offer one, up to now – May has taken on considerable political risk.

After all, the very Brexit vote result which delivered her to Number 10 was never meant to have happened. The greater risk, however, is that this election misleads an electorate weary of endless Brexit chatter. If the terms of the debate are not set clearly, Britons may inadvertently allow the Conservative party to define the nature of Britain for decades to come.

And how?

In June, empowered by her election victory, May will argue that she has a mandate for her particularly hard kind of Brexit, when the electorate will, in reality, have voted for her strength in leadership. A vote about competence will be held up as a vote for ideas – delivery as destination…

Her majority secured, May will have the democratic mandate to guide not only the negotiations running up to 2019 but also the shape of the political economy thereafter. Under the conditions of the Fixed-term Parliaments Act, May has the right to govern for five years – up to 2022. This will give her government a three-year free license to alter domestic policy, after negotiations close in spring 2019.

Voters be wary – this election is more important than it seems…

Finish the article on the Market Mogul

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