Great Britain has voted to leave the European Union.
The reaction in the former British colony — now known as the United States of America — has been sharply divided.
Conservatives are hailingĀ the decision; progressives are bemoaning it. Donald J. Trump, the upcoming Republican nominee for president, said he’s glad the Brits have voted to end their EU membership; his foe this fall, Hillary Clinton, is decidedly not glad.
Me? Well, I align more with the progressives. I don’t have a particular feeling about the Brits’ decision to bail out of the EU. I’m more concerned with the money I lost today from my retirement account. It’s that “enlightened self-interest” thing that drives me these days.
However, I am alarmed at the tone of the cheers I’m hearing from this side of the Atlantic. There’s an element of fear in it.
They’re hailing the Brits’ escape from the EU because of what they say are concerns about who’s coming into Europe from, say, the Middle East. You might have heard Trump say that the fear of many in this country mirrors the sentiment that was expressed by the “Brexit” vote in Britain.
Therein lies where Trump might seek to gain some political advantage over Clinton.
Fear and loathing.
The economic implications of the British exit from the EU are yet to be determined. Some economists believe this vote might trigger more national movements in other EU countries, that the Brits are the first of many EU members to bolt.
More economic mayhem is sure to follow if that’s the case.
Someone will have to explain to me: Why is that a good thing?
