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Monday, May 20, 2013

Brexit - Good or Bad For Britain?

Britain's "love affair" with the EU, much like the seasons, turns hot and cold on a regular basis. More often than not the feelings towards the EU are frigid, to say the least.

In response to the never ending wrangling with the Tory party over Britain's role within (or without) the EU, Britain's leading businessmen have penned a letter to the Independent warning that a Brexit would severely damage Britain's economy and standing within the world:
"The benefits of membership overwhelmingly outweigh the costs, and to suggest otherwise is putting politics before economics."
The economic costs/benefits of leaving the EU are not clear cut. However, the political consequences of remaining in the EU are clear; Britain's independence will continue to be eroded.

Does this erosion of independence matter?

Ask the good people of Greece or Cyprus!

Like it or not politics does play a role in this, because if politics fails we lose our democracy and there will be either dictatorship or anarchy. Businesses may well do well under certain forms of dictatorship, but the people of Britain won't.

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