As in, he is mashed, not that he should be.
So in other words, the Brexit phenomenon has been the most massive exercise in mis-selling imaginable, despite which we know those who have been persuaded to act against their own rational best interests are adamant in their commitment to what they voted for.
I cannot better the explanation for this offered by Simon Wren-Lewis. As he says:
Brexit would not have happened if it had remained the wish of a minority of Conservative MPs. It happened because of the right wing UK press. Brexit happened because this right wing press recognised a large section of their readership were disaffected from conventional politics, and began grooming them with stories of EU immigrants taking jobs, lowering wages and taking benefits (and sometimes much worse). These stories were not (always) false, but like all good propaganda they elevated a half-truth into a firm belief. Of course this grooming played on age old insecurities, but it magnified them into a political movement. Nationalism does the same. It did not just reflect readers existing views, but rather played on their doubts and fears and hopes and turned this into votes.
In other words, the vote for Brexit was not rational. The evidence is compelling.
But that’s of enormous significance. First, it shatters the whole of the economics on which the logic of Brexit is based. Trade based growth assumes the existence of homo economicus, and yet the Brexit campaign proved the species’ extinction.
People don’t maximise income. They maximise utility.
What’s the cash value of not being ruled by Juncker?
But look what underlies this. The people are obviously too stupid to vote the right way. It’s democracy he’s attacking, not economics nor Brexit.