But the euro’s dismal performance still provides extra ammunition to Brexit supporters. Viewed 394 times 7. EU law guarantees that citizens of one EU country have the right to travel, live, and take jobs in other EU countries. Brexit… • Analysis of data from the Centre for Social Investigation’s longitudinal survey on attitudes to Brexit bolsters these conclusions. It had to be done at a European level, and the French were opposed. The difference between the lives of southern Europeans and Germans—who enjoy 4.2% unemployment—is profound. The often-rocky relationship between Britain and the European Union stretches back nearly half a century. They mention the point-based immigration systems of Canada and Australia, which award potential migrants points based on factors like their language and job skills, education, and age. Firstly,for … We call ourselves ‘ Briefings for Britain’ because we aim to provide factual evidence and reasoned arguments. Active 10 days ago. The debate provoked major consideration to an array of topics, argued up-to, and beyond, the referendum on the 23rd June, 2016. In addition to the potential negative consequences of Brexit described above this is a list of the pros and cons of being in the EU for the United Kingdom. Although the "leave" campaign often focused on emotional arguments about immigration, there are in fact many reasons those in favor of leaving believed it would benefit the UK. The Real Reason For Brexit. The word “Brexit” has caused problems even as the act of Brexit has been stifled.The success of the mindlessly circular and self-defeating mantra “Brexit means Brexit” was the first sign that the mystical energy of the word would come to overpower the actual practice of leaving the European Union. The “leave” voters rejected both the Conservative and Labour parties. Since then, there has been heated debate from both the remain and leave camps about the best scenario for Britain moving forwards. Cons of leaving the EU. For the City, however, talk of such a split is old news. Chip in as little as $3 to help keep Vox free for all. On subjects where the EU has been granted authority — like competition policy, agriculture, and copyright and patent law — EU rules override national laws. Last week's vote by England to formally leave the European Union has touched off nothing short of a political earthquake, both in Europe and in the United States. “The coronavirus pandemic and the government’s misreaction to it have become a much bigger problem for voters and politicians alike”, – … "Leave" advocates argue that the UK should be focused on admitting immigrants who will bring valuable skills to the country and integrate well into British culture. Brexiteers argued that leaving the EU would result in an immediate cost saving, as the country would no longer contribute to the EU budget. While analysts on Monday attributed the FTSE's rise to the news Theresa May will succeed David Cameron as Prime Minister, the truth is the index has been surging for the last two weeks after the Brexit vote. It is the European Union threatening to create a hard border in Ireland. That transition period ends today, December 31, so Brexit is, finally, officially official. The EU doesn’t understand the power of nationalism. Conservatives believe in local government. He added: “What we have seen, through our approvals process, is that the UK is an innovative, adaptable, agile country. Corporate America takes away Trump’s toys. The real audience for the Democrats’ Brexit threats is, however, much closer to home — in places like Biden’s birthplace, Scranton, Pennsylvania. First, we massively overestimated the strength of our negotiating position. While many Brexit supporters simply want to reduce the amount of immigration overall, others argue that the UK could have a more sensible immigration system if it didn’t have the straitjacket of the EU. British people have increasingly felt the impact of this rule since the 2008 financial crisis. Each week, nearly a million readers around the world receive my Thoughts From the Frontline free investment newsletter. Millions rely on Vox’s explainers to understand an increasingly chaotic world. Now they’re walking away. The United Kingdom has had a significant faction of euroskeptics ever since it joined the EU in 1973. Not only that, these organizations take control away from individual nations. 24 June 2016. That’s a significant number for a country Britain’s size, though according to the CIA the UK still received slightly fewer net migrants, relative to population, than the United States in 2015. The History Behind Brexit. This will allow government, businesses and citizens time to prepare for our new relationship. Joe Biden’s $1.9 trillion Covid-19 stimulus plan, explained. Both parties had endorsed remaining with the EU and saw many of their members go into opposition on the issue. Investors overcoming Brexit concerns. , and NATO are good examples of this. "One of the causes for the great public disgruntlement," Murray argues, is that Labour governments at the turn of the century "massively understated the numbers [of immigrants] to be expected," creating public distrust of current pledges to keep migration under control. ... on how hot your toaster can be and keeping our currency separate from the euro are some reasons why you should embrace Brexit … This fragmentation has been evident throughout Europe (read more in my free special report on Brexit), but it’s the first case of a nation actually deciding to leave. Despite the Brexit uncertainty, Britain's premier stock index, the FTSE 100, rallied to 11-month highs. A large wave of immigrants – Reason 1 why the UK chose Brexit. The arguments are still valid. In addition, with the inclusion of 28 members, decision-making is extremely complex. But once the body has been chosen, none of its members are accountable to the British government or to Britons’ elected representatives in the European Parliament. Europe as a whole has stagnated economically. Author: Sarah Pruitt. Brexit may now be "done", but so too is the damage, which will take many years to heal. On Thursday, Britain voted to leave the European Union— an option dubbed "Brexit." While much of this money is spent on services in the UK, Brexit supporters still argue that it would be better for the UK to simply keep the money and have Parliament decide how to spend it. The UK absorbed 333,000 new people, on net, in 2015. Steering clear of this issue was an important driver for the “leave” vote. Five reasons why the British have turned in favor of Brexit—and their uncanny similarity to rhetoric you've heard from Donald Trump.. They may need to be tweaked but not abandoned. BEL MOONEY: After this year’s misery, a Brexit deal, Biden and the vaccine now give us reasons for hope. On a whole range of things from three pin plugs to driving on the left, the UK is so often the odd man out in Europe. Claims Leave vote was a result of general disenchantment with politics were … Immigration has become a highly politicized issue in Britain, as it has in the United States and many other places over the past few years. "There are nearly 130 Conservative MPs who have declared for leaving the EU," economist Andrew Lilico told me last week. All Rights Reserved, This is a BETA experience. Two established parties wanted to remain in the EU, and a third faction, drawn from both parties, opposed it. / AFP / BEN STANSALL (Photo credit should read BEN STANSALL/AFP/Getty Images), EY & Citi On The Importance Of Resilience And Innovation, Impact 50: Investors Seeking Profit — And Pushing For Change, Crisis Catalyzes Demand For Digital Infrastructure, MoneyStamps Of South America - As Investments, They’re Different – Part 1, Covid-19 Related Municipal Defaults Begin, The Dynamics Of Price Discovery In The Stamp Market, Covid-19 Virus Affect On The Stamp Market, This fragmentation has been evident throughout Europe, read more in my free special report on Brexit, Get this free special report from Geopolitical Futures founder and acclaimed intelligence expert George Friedman to uncover the truth about Brexit. This should be considered in the broader sense. The European Union's chief Brexit negotiator Michel Barnier said on Monday that there were reasons for determination in trade talks with the British. A comprehensive new study shows that austerity, not immigration, was the main reason people voted for Brexit back in June. Anti-immigration campaigners like Nigel Farage, the leader of the far-right UK Independence Party, have argued that the flood of immigrants from Southern and Eastern Europe has depressed the wages of native-born British workers. Conservatives believe in local government. Sometimes they can be truly infuriating – like the time I discovered, in 2013, that there was nothing we could do to bring in better-designed cab windows for trucks, to stop cyclists being crushed. To learn more or opt-out, read our Cookie Policy. Here’s how they did it. Now we should try to understand why the majority of Brits favored an exit from the EU and learn lessons. 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