Big vote tomorrow in the UK.
I’ll start off the post by stating the obvious, independence can be scary. Despite the poling that shows the 2 sides being pretty even, those wanting to stay admit that economics, the fear that their personal finances will suffer, rank as their number one concern. When Scotland faced the independence question in 2014, voters faced similar concerns and in the end those risk averse decided to stay put.
Americans, or at least those that know our history, have a special affinity for the pull towards being independent. To be the captain of your own ship and chart your own course has its appeal, naturally, you sink or swim on your own, no lifeline from the mother country. But we also know the benefits of this responsibility. Great wealth, great adventures, and great fortunes were made by those with the stomach to risk the comfortable for the possible.
The WSJ has had about half a dozen editorials of late penned by Brits who want independence and articulate the reasons why. Having little autonomy concerning your own laws, courts, trade deals and immigration policies does not sound appealing, playing right in to that liberty/security dichotomy that Ben Franklin talked about. Along side these personal pleas for independence, economists also weigh in, describing the global market turmoil that will ensue by those wishing to go their own way. Although these folks are much smarter then I am, markets, if anything, are resilient, Obama’s dreadful economic policies have taught us that.
I have to admit that one (small) reason I hope the Brexit vote passes is to humble our own president, the guy that went over to England and wagged his finger at the voters, threatening to put them at the back of the queue if they dared vote to leave. Much like when he first got in, travelling to the Olympic Committee meeting to lobby Chicago for the games. At that point his sycophants thought he walked on water (no doubt he did too), so him coming home empty handed was satisfying. That, and I think Cameron is a bit of a tool.
Milo thinks they should leave, lending more weight to that side of the scale;