Right All Along

Douglas Jay, Peter Shore, David Stoddart, Bryan Gould, Ian Davidson, Gordon Brown, Jack Straw, Peter Hain, Jon Cruddas, Ed Balls, Ed Miliband: you cannot have monetary union without fiscal union, and you cannot have fiscal union without political union.

Now, we just need to penny to drop, so to speak, that there cannot be Thatcher's single market without monetary union. As was (and in some cases still is) said publicly by Douglas Jay, Peter Shore, David Stoddart, Bryan Gould, Ian Davidson, Gordon Brown, Jack Straw, Peter Hain and Jon Cruddas, and as is undoubtedly still believed privately by all of them who are still alive, as well as by Ed Balls and Ed Miliband.