Please explain pros of Brexit to me

[jsteele]

Anonymous wrote:Trump's ignornance is astounding. From the NYT live feed on Brexit:

Unaware or unconcerned that Scots had voted overwhelmingly to stay in the bloc, Mr. Trump, the presumptive Republican presidential nominee, made little effort to contain his enthusiasm.

“I think it’s a great thing that happened,” he said as he disembarked from his helicopter, called “G-TRMP,” at the resort, Trump Turnberry, to cheers and applause from his local Turnberry staff members, all clad in red “Make Turnberry Great Again” hats.

...

“People are angry, all over the world people, they’re angry,” he said. “They’re angry over borders, they’re angry over people coming into the country and taking over, nobody even knows who they are. They’re angry about many, many things.”

Asked where the anger is, he said: “U.K. U.S. There’s plenty of other places. This will not be the last.”

http://www.nytimes.com/live/eu-referendum/trump-says-british-vote-is-a-great-thing/

I'm sure that the irony of Trump coming into Scotland to the golf course he took over and saying people are angry about people coming into the country and taking over will not escape the Scots.

[Anonymous]

Trump also said the pound losing value would be good for his golf course.

[Anonymous]

jsteele wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:
If it passes, Obama will blame the weak economy on brexit, and Donald Trump win is a sure thing in November.

Why would Britain voting to leave the EU cause Americans to vote for Trump?

The anti-immigration side won. Fairly significantly in fact.
This is the side represented by Trump in America. Trump was also for Brexit.
Obama urged them to remain. Obama's side lost.
What this portends for the election in the U.S. is unclear - but I will say that right up to the day of the vote most peopl though "remain" was going to win.

A week ago, Trump didn't even know what Brexit was.

He also landed in Scotland and said the people there were going wild because they were excited to take their country back, not realizing that 62 percent of the people in Scotland voted to stay in the EU. Sure there may have been people excited, but saying Scots were happy to get their country back misses an important point.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:
If it passes, Obama will blame the weak economy on brexit, and Donald Trump win is a sure thing in November.

Why would Britain voting to leave the EU cause Americans to vote for Trump?

The anti-immigration side won. Fairly significantly in fact.
This is the side represented by Trump in America. Trump was also for Brexit.
Obama urged them to remain. Obama's side lost.
What this portends for the election in the U.S. is unclear - but I will say that right up to the day of the vote most peopl though "remain" was going to win.

Yes, BREXIT was all about Trump's side versus Obama's side. From a US perspective, Briton leaving the EU is bad for the US and global economies, so Obama, as the US president, rightly supported a remain vote. From a UK perspective, the people aren't concerned about protecting the US economy. They are concerned about handing over their sovereign rights to decision makers in Brussels, over whom they have no control. They are concerned about Brussels regulating their businesses and their immigration policy. They couldn't care less what Trump and Obama think.

Yes, the "leave" side is like Trump supporters as they disregarded the opposition of the business community and people with at least half a brain. And their reward will be a nation of greatly reduced importance, a smaller role in the global economy, and quite possibly the end of the United Kingdom, as the people of Scotland are apparently much smarter and are now planning another referendum on independence so they can remain in the EU.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:
If it passes, Obama will blame the weak economy on brexit, and Donald Trump win is a sure thing in November.

Why would Britain voting to leave the EU cause Americans to vote for Trump?

The anti-immigration side won. Fairly significantly in fact.
This is the side represented by Trump in America. Trump was also for Brexit.
Obama urged them to remain. Obama's side lost.
What this portends for the election in the U.S. is unclear - but I will say that right up to the day of the vote most peopl though "remain" was going to win.

Yes, BREXIT was all about Trump's side versus Obama's side. From a US perspective, Briton leaving the EU is bad for the US and global economies, so Obama, as the US president, rightly supported a remain vote. From a UK perspective, the people aren't concerned about protecting the US economy. They are concerned about handing over their sovereign rights to decision makers in Brussels, over whom they have no control. They are concerned about Brussels regulating their businesses and their immigration policy. They couldn't care less what Trump and Obama think.

Rubbish, in order to help keep the rest of the EU together, Britian will now be at the "back of the queque." Instead of the favored relationship it has had for centuries, it now will take a back seat to the EU when it comes to relations with the U.S.
Obama didn't "rightly" support Remain. It was an internal political matter and the only thing Obama should have said is something to the effect of "You are our greatest allies and we'll support you whatever you decide on this matter."

[Anonymous]

jsteele wrote:Adding more to my previous post, imagine you are a British widget manufacturer. Right now, your widget meet EU standards and can be sold in the UK and EU. Now, imagine 10 years down the road and widget regulations in Britain have diverged from those in the EU. Now, you either have to manufacture two standards of widgets or give up on one market. My guess is that in many cases the UK will just conform to the EU standard. If so, Brexit will mean an actual loss of sovereignty for the UK as the country will essentially be forced to adopt regulations developed by another entity.

No they will conform to their markets. Over all this will not have much effect on the country in the long run. If there is business interests and money to be made, they will find a way to get it done. UK will get some sort of special partner agreement with the hope that in the long run they will come back to the fold.

[Anonymous]

On Morning Joe, one of reporters said a lot of people who voted to leave are shocked at the result - saying they were doing a protest vote and didn't actually think the UK would leave. I think this might be the same mindset of some Trump voters. Hope they do not make the same mistake this November!

[Anonymous]

Anonymous wrote:On Morning Joe, one of reporters said a lot of people who voted to leave are shocked at the result - saying they were doing a protest vote and didn't actually think the UK would leave. I think this might be the same mindset of some Trump voters. Hope they do not make the same mistake this November!

And, this is why MSNBC is one of the lowest rated cable news shows.
Their “reporters” are extremely biased in support of the Obama administration.

[Anonymous]

Anonymous wrote:The only two major politicians to support Brexit outside of the U.K. were Trump (once it was explained to him) and Putin. Putin's reasons were obvious - he wants to weaken the European Union.

Switzerland and Norway did not join the EU. Are they bad too?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:
If it passes, Obama will blame the weak economy on brexit, and Donald Trump win is a sure thing in November.

Why would Britain voting to leave the EU cause Americans to vote for Trump?

The anti-immigration side won. Fairly significantly in fact.
This is the side represented by Trump in America. Trump was also for Brexit.
Obama urged them to remain. Obama's side lost.
What this portends for the election in the U.S. is unclear - but I will say that right up to the day of the vote most peopl though "remain" was going to win.

Yes, BREXIT was all about Trump's side versus Obama's side. From a US perspective, Briton leaving the EU is bad for the US and global economies, so Obama, as the US president, rightly supported a remain vote. From a UK perspective, the people aren't concerned about protecting the US economy. They are concerned about handing over their sovereign rights to decision makers in Brussels, over whom they have no control. They are concerned about Brussels regulating their businesses and their immigration policy. They couldn't care less what Trump and Obama think.

Yes, the "leave" side is like Trump supporters as they disregarded the opposition of the business community and people with at least half a brain. And their reward will be a nation of greatly reduced importance, a smaller role in the global economy, and quite possibly the end of the United Kingdom, as the people of Scotland are apparently much smarter and are now planning another referendum on independence so they can remain in the EU.

LOL yes yes... If only we could do way with the uneducated masses the world would be so much better! "Qu'ils mangent de la brioche"

[Anonymous]

Boris looks like a character from Austin Powers.

[Anonymous]

Anonymous wrote:

jsteele wrote:Adding more to my previous post, imagine you are a British widget manufacturer. Right now, your widget meet EU standards and can be sold in the UK and EU. Now, imagine 10 years down the road and widget regulations in Britain have diverged from those in the EU. Now, you either have to manufacture two standards of widgets or give up on one market. My guess is that in many cases the UK will just conform to the EU standard. If so, Brexit will mean an actual loss of sovereignty for the UK as the country will essentially be forced to adopt regulations developed by another entity.

No they will conform to their markets. Over all this will not have much effect on the country in the long run. If there is business interests and money to be made, they will find a way to get it done. UK will get some sort of special partner agreement with the hope that in the long run they will come back to the fold.

I don't know if they will get a partner agreement or not. It signals to other countries that they might get the same deal if they leave.

Jeff is right about the regulations, though. Britain will have to conform to EU product regulations or face big trade problems. You make it sound so easy to "find a way to get it done", but in the old days this did not happen, despite the exact same economic incentives.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:
If it passes, Obama will blame the weak economy on brexit, and Donald Trump win is a sure thing in November.

Why would Britain voting to leave the EU cause Americans to vote for Trump?

The anti-immigration side won. Fairly significantly in fact.
This is the side represented by Trump in America. Trump was also for Brexit.
Obama urged them to remain. Obama's side lost.
What this portends for the election in the U.S. is unclear - but I will say that right up to the day of the vote most peopl though "remain" was going to win.

Yes, BREXIT was all about Trump's side versus Obama's side. From a US perspective, Briton leaving the EU is bad for the US and global economies, so Obama, as the US president, rightly supported a remain vote. From a UK perspective, the people aren't concerned about protecting the US economy. They are concerned about handing over their sovereign rights to decision makers in Brussels, over whom they have no control. They are concerned about Brussels regulating their businesses and their immigration policy. They couldn't care less what Trump and Obama think.

Yes, the "leave" side is like Trump supporters as they disregarded the opposition of the business community and people with at least half a brain. And their reward will be a nation of greatly reduced importance, a smaller role in the global economy, and quite possibly the end of the United Kingdom, as the people of Scotland are apparently much smarter and are now planning another referendum on independence so they can remain in the EU.

LOL yes yes... If only we could do way with the uneducated masses the world would be so much better! "Qu'ils mangent de la brioche"

Laugh all you want, this is "What's the matter with Kansas' UK style. Those disaffected workers voting for leave are going to be the same people feeling the pain when the UK's economy slumps.

[Anonymous]

Anonymous wrote:I'm seeing a lot of correlations between this and our own countries politics: the populist desire to not get involved with other countries and to take severe stands on immigration. I can also see a stark similarity between Boris Johnson and Donald Trump - hell, they even look alike. Could you picture these two at a G8 summit?

Well, with Cameron's resignation, Boris Johnson is highly likely to be at a G8 summit. And if the populist movement that got Great Britain out of the EU and "shocked" the nation's intelligentsia carries into the US in November, Donald Trump will likely be there as well. The high school class presidents may no longer control the world.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

jsteele wrote:Adding more to my previous post, imagine you are a British widget manufacturer. Right now, your widget meet EU standards and can be sold in the UK and EU. Now, imagine 10 years down the road and widget regulations in Britain have diverged from those in the EU. Now, you either have to manufacture two standards of widgets or give up on one market. My guess is that in many cases the UK will just conform to the EU standard. If so, Brexit will mean an actual loss of sovereignty for the UK as the country will essentially be forced to adopt regulations developed by another entity.

No they will conform to their markets. Over all this will not have much effect on the country in the long run. If there is business interests and money to be made, they will find a way to get it done. UK will get some sort of special partner agreement with the hope that in the long run they will come back to the fold.

I don't know if they will get a partner agreement or not. It signals to other countries that they might get the same deal if they leave.

Jeff is right about the regulations, though. Britain will have to conform to EU product regulations or face big trade problems. You make it sound so easy to "find a way to get it done", but in the old days this did not happen, despite the exact same economic incentives.

Agree, partner agreement seems unlikely. The terms of exit will have to be unfavorable to discourage additional exits.