Brexit Day is now just 125 days away, or less than 18 weeks, if you prefer (and of those, you can discount Christmas). The extent of the discussion of a second referendum is therefore a measure of the desperation of both those who want to stop Brexit and those dissatisfied with how it’s going.
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In fairness to the People's Vote campaign another referendum #1 Was something the disjointed and waring europhile groups could agree on. It was a lowest common denominator policy and it's worked. All the big groups have rowed in behind it and are coordinating. People's Vote us more of a brand than a product but europhilia needed a brand. #2 It was an attempt at shooting the legitimacy fox. Favouring a second referendum is an explicit admission the first referendum must stand unless superceded. #3 People's Vote is counter populism after the elitism of the Remain campaign. It suited the vacuum of the chaotic negotiation period and will suit a post deal rejection period. What it doesn't suit is a period where there is a deal as a deal isn't a vacuum. The paradox of a People's Vote is the scenario it's most suited to - a deal - something to have a People's Vote on is the scenario it's least likely to happen in emotionally. After all if you have a deal why would you go through the horror of another referendum ?
https://www.newstatesman.com/politics/elections/2018/11/election-2019-getting-more-likely-all-time-and-tories-could-benefit?amp&__twitter_impression=true