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| David Cameron: Brexit vote part of 'movement of unhappiness' | David Cameron: Brexit vote part of 'movement of unhappiness' |
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| The Brexit vote and the election of Donald Trump in the US must result in a “course correction” for western politics, David Cameron has said, in his first major speech since leaving Downing Street. | The Brexit vote and the election of Donald Trump in the US must result in a “course correction” for western politics, David Cameron has said, in his first major speech since leaving Downing Street. |
| The former prime minister said the decision to leave the EU, which prompted his departure from No 10, was part of a “movement of unhappiness” about the state of the world. | The former prime minister said the decision to leave the EU, which prompted his departure from No 10, was part of a “movement of unhappiness” about the state of the world. |
| Speaking to students at DePauw University in Indiana, he said western leaders must take steps to help those who feel left behind by globalisation. | Speaking to students at DePauw University in Indiana, he said western leaders must take steps to help those who feel left behind by globalisation. |
| Answering questions after a speech on the events of 2016, Cameron said: “So far these three events, the Brexit referendum, the election of President Trump and the referendum in Italy, I’m sure people are going to write about this movement of unhappiness and concern about the state of the world. | Answering questions after a speech on the events of 2016, Cameron said: “So far these three events, the Brexit referendum, the election of President Trump and the referendum in Italy, I’m sure people are going to write about this movement of unhappiness and concern about the state of the world. |
| “I think you could see that in the British vote ... was a mixture of economics and cultural arguments; I think your situation [in the US] was quite similar; I think in Italy it’s more connected with the euro. | “I think you could see that in the British vote ... was a mixture of economics and cultural arguments; I think your situation [in the US] was quite similar; I think in Italy it’s more connected with the euro. |
| “Ultimately, how 2016 goes down in history will depend on what political leaders do next. That’s why I have tried to make a very clear argument, which is that if they put their heads in the sand and say, ‘Well this will pass and we’ll just carry on the way we are,’ then 2016 will be seen as a real watershed. | |
| “But if, as I believe will happen, our democracies are flexible enough and our leaders are aware enough, they will correct – course correct as I put it – the problems that they face. So you will see a greater emphasis on trying to help those who are left behind.” | “But if, as I believe will happen, our democracies are flexible enough and our leaders are aware enough, they will correct – course correct as I put it – the problems that they face. So you will see a greater emphasis on trying to help those who are left behind.” |
| He highlighted policies including a higher minimum wage and tax cuts for low-income workers as measures aimed at helping address such concerns. | He highlighted policies including a higher minimum wage and tax cuts for low-income workers as measures aimed at helping address such concerns. |
| “I think if that response is right, 2016 will be seen as a moment of course correction, rather than a moment of fundamental change. But if leaders don’t take that approach, perhaps particularly in Europe, then it could go down as something quite different.” | “I think if that response is right, 2016 will be seen as a moment of course correction, rather than a moment of fundamental change. But if leaders don’t take that approach, perhaps particularly in Europe, then it could go down as something quite different.” |
| The former prime minister said “populism” had cost him his job, but defended his career-defining decision to call the EU referendum, saying the issue of Europe had “poisoned” British politics for 40 years. | The former prime minister said “populism” had cost him his job, but defended his career-defining decision to call the EU referendum, saying the issue of Europe had “poisoned” British politics for 40 years. |
| “I see more trouble ahead,” Cameron said. “It is not working as it was intended. Some countries have seen decades of lost growth. Those countries have a single currency, but they don’t have a single fiscal system, a fiscal tax system. It creates bigger differences. | “I see more trouble ahead,” Cameron said. “It is not working as it was intended. Some countries have seen decades of lost growth. Those countries have a single currency, but they don’t have a single fiscal system, a fiscal tax system. It creates bigger differences. |
| “You in the United States have ways to make sure that if you have a bad year, you pay less in taxes and offset federal programmes. There are no such arrangements in Europe.” | “You in the United States have ways to make sure that if you have a bad year, you pay less in taxes and offset federal programmes. There are no such arrangements in Europe.” |
| Cameron’s speaking engagement came as it emerged that the former chancellor George Osborne earned more than £500,000 from lectures and appearances in October and November. | Cameron’s speaking engagement came as it emerged that the former chancellor George Osborne earned more than £500,000 from lectures and appearances in October and November. |
| The latest update to Osborne’s entry in the MPs’ register of financial interests (pdf) shows that he expects to be paid £85,396.24 by Citi for two speeches, £34,109.14 by BlackRock and £68,125.35 by Centerbridge Partners. | The latest update to Osborne’s entry in the MPs’ register of financial interests (pdf) shows that he expects to be paid £85,396.24 by Citi for two speeches, £34,109.14 by BlackRock and £68,125.35 by Centerbridge Partners. |
| In November, he registered income of more than £320,000 from speaking engagements, making him one of the highest-earning MPs this year. | In November, he registered income of more than £320,000 from speaking engagements, making him one of the highest-earning MPs this year. |
| It is not known how much Cameron was paid for the DePauw speech. He does not have to declare earnings made after holding office because he stepped down as MP for Witney in September. | It is not known how much Cameron was paid for the DePauw speech. He does not have to declare earnings made after holding office because he stepped down as MP for Witney in September. |