Britain After Brexit

February 26. 2018

In 2016 the people of Britain voted to leave the European Union (EU). Britain is currently in the midst of the two-year process of pushing through and finalizing Brexit, which signifies the nation’s formal departure from the EU. This means Britain will no longer be a EU state nor will it belong to the lucrative Single Market and Customs Union.

Prime Minister, Theresa May, who was the former Home Secretary, is a strong proponent of Brexit. Uncontrolled immigration due to EU rules regarding “freedom of movement” saw much of the traffic in the 28 member union end up in London, England, which now has a population of almost 10,000,000. Britain has experienced a massive population swell that its healthcare, educational and transportation systems have not been able to adequately keep up with, due to overcrowding and under-funding.

The Brexit vote is a controversial one. The former prime minister, David Cameron, tabled the issue, promising the EU he could deliver Britain to union. However, the vote went in the opposite direction, as those who campaigned in favor of Brexit cited the £19 billion Britain pays the EU per month and promised significant sums of that figure would instead go to the National Health Service (NHS), who are in need of the money to cope with the massive population increase.

The prevailing opinion won by over 1,000,000 votes, resulting in Brexit, but with the understanding Britain would remain in the Single Market. However, that was not to be. May informed Britons that it would be a "hard Brexit" and the nation would be out of the Single Market.

What voters were truly not aware of is the significant financial and job losses Brexit will create, especially for the City (many are leaving the City business epicenter in London for Berlin, Germany, the new unofficial capital of EU trade and commerce). The EU's first loyalty is and should be to the EU. Much like Britain's first loyalty should be to Britain.

If Britain is not properly prepared to pick up the slack elsewhere, with equal and greater trade deals and adequate job creation, Brexit will mark a historic reversal of fortune for the country. In short, there’s a problem. A very serious problem. The British government has not cemented the proper trade deals or shown it is creating the necessary amount of jobs to recreate the departing ones.

May is too swamped with the logistics of Brexit and her rival, Labour leader, Jeremy Corbyn, is simply not good with money/economics, to combat the economic erosion occurring in Britain, due to the nation's departure from the EU. There's no sense in pretending. I repeat, there is a problem with the economy. The only way the problem will be remedied is to aggressively delve into job creation and big trade deals or call off Brexit. Those are your only options to stem the reversal of fortune that has begun and will grow exponentially worse if something is not done to stop it.

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