There once was a European Union funded government thinktank / The Treasury (EUFGT/TT) who was incensed as it sat in its glass fronted London office watching the silly electorate. To ensure its continued funding, it took a great breath and sang out, “Hundreds of thousands of job losses! Hundreds of thousands of job losses! A fall of 3.6% in GDP just if you vote leave!”
“Don’t cry ‘hundreds of thousands of job losses’, EUFGT/TT,” said the electorate, “when there’s no job losses!” They went grumbling back down to their racist, homophobic lives.
Later, the EUFGT/TT sang out again, “Hundreds of thousands of job losses! Hundreds of thousands of job losses! 500-800,000 job losses immediately after you simply vote to leave!” It watched the commentators and establishment voices rush to the TV studios and the radio stations to help it drive the message home.
When the electorate saw no job losses, they sternly said, “Save your frightened song for when there is really something wrong! Don’t cry ‘hundreds of thousands of job losses’ when there is actually hundreds of thousands more people IN work!”
But the EUFGT/TT just grinned and watched them go grumbling down the road once more to their hateful, definitely bigoted homes.
Later, it saw a REAL prospect of serious fiscal damage prowling about its economic forecasts. Alarmed, it scrambled its media advisers and marketing executives to its well established connections in the media and shouted out as loudly as it could, “Hundreds of thousands of job losses! Hundreds of thousands of job losses if we leave without a deal!”
But the electorate thought this was just another attempt to cajole them and make them fearful, and so they didn’t listen.
“There really was an economic downturn here! The jobs have been lost! I cried out, “Hundreds of thousands of job losses!” Why didn’t you listen?”
An old man tried to comfort the EUGFT/TT as they dissolved the department.
He put his arm around the EUGFT/TT, “Nobody believes a scaremonger…even when he isn’t using irrelevant projections and spurious assumptions!”
NOTE – This cautionary tale can also be applied to ‘Millions of Eastern Europeans and Turks are coming!’, ‘We send £350million a week to the EU!‘ or ‘there’s a wolf over there about to eat my sheep!‘