This was no scaremongering. I give the RPI index percentage increase for the years 72 to 76 which clearly shows the effect of Common Market entry on the cost of living.
The cost of living measured correctly by the RPI almost doubled in years following the tabling of the Common Market entry Bill. It set off an inflationary spiral leading eventually to the collapse of the Callaghan government and Thatcher becoming PM.
(Note for Paddy Ashdown these are official government figures and therefore fact not LibDem dodgy forecasts)
We will see the reverse when we leave the EU as noted in today's Sunday Telegraph in a piece by Edward Malnick sourced from a Labour leave group of economists and therefore opinion Paddy It is entitled:
Poorest families could save £36 per week after leaving EU
The £36 is for the lowest decile. The second lowest decile, 60% of the median would gain£44 per week. Now these are estimates but I doubt they will be far out.
The piece adds , "Unskilled immigrants settle in poor communities which therefore carry a disproportionate cost in public services as well as suffering from a fall in wages" None of these affect fat Tom or fat Di both of whom look well fed and sleek. True socialists do not care about the poor up North where they never go. Out of sight out of mind as they say in North London.
The EU has exacerbated the huge North South social divided in our country which will eventually fracture our country apart but in Islington no one cares.
Brexit will be very good for the poor if its given a chance and not strangled at birth by the bien pensants who think only of themselves.