After the vote, some thoughts on Brexit

Posted on 26th June 2016 at 4:10pm by Carl Reader in Random Musings

Wow, I'm not sure many people expected that. Not only the result, but the fallout from the result. Whilst the economy has been relatively shielded from the projected impact (with the FTSE 100 up week on week, and sterling dropping only to February 2016's level); the social fallout has been quite horrific, which I shall touch on later. To begin with, I'll look at where we are today.

Current position - otherwise known as "the clusterfuck"

Over and above Brexit, it looks like we are at a unique point in time where both leading political parties are under leadership challenge. I've not known a time like this in my (adult) lifetime, and I'm sure it's not a frequent position for any democracy!

It's clear to me that both parties need leadership elections, perhaps with Corbyn staying in the Labour election given that he has not resigned; and sooner rather than later. The uncertainty surrounding our internal political landscape is actually far more damaging than Brexit itself... Brexit had already been priced into the markets.

Will we have a snap General Election? Will the Liberals gain momentum by jumping on yet another bandwagon? I don't know - I just hope that neither they nor the Scottish Nationalists hold the balance of power: with todays situation, and the democratic referendum having proved conclusive; I would actually prefer a minority government than a coalition with either of the aforementioned.

My views on the social fallout

This has been far more dramatic than I'd ever expected. I've heard or personally seen all of the below on Social Media (having been in bed recovering this week...):

Leavers: telling non-British nationals to "go home" and "we voted you out". Telling non-white, British nationals the same.  Disgraceful. Racism has no place in todays society.

Remainers: claiming that Leavers didn't know what they were voting for. Claiming that Leavers are racist / xenophobic. Stating that they will take out frustration on old people. Disgraceful. Likewise, class discrimination and false accusations have no place in todays society.

I'd heard from friends in Scotland that many didn't talk to each other, even within families, after the Scottish referendum, because of comments made. Let's learn from their lessons and not slip down that path.

What can we do?

The Conservatives had no choice but to put this matter to referendum. Labour and Liberals decided not to, and UKIP were pushing for automatic exit. They decided to include it in their manifesto, and as such that is why the referendum took place.

The referendum happened, both sides lied along the way, made exaggerated claims, and set up false arguments to avoid the issue at hand - as a voter, are you British or European, and if both, are you happy with the way Europe is run? What kind of future do you want for your children and grandchildren?

The economic fear-mongering and the migration hate-inciting were both distasteful; but I'd like to think that a good proportion of the electorate rose above that, and voted based on whether they feel the EU in it's current state is a good thing or a bad thing.

Views will differ on this. I have my opinion, you undoubtedly have yours. But, the referendum has happened and the Government should act on it. That's not to say that they cannot subsequently invoke Article 49 to rejoin the Union should the electorate wish. All I can say is that for all of us, the quicker this mess and dispute is sorted and we all move forwards, the better!



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