Saturday, June 11, 2016

Brexit: Should They Stay or Should They Go?

{time.com} - The polls you’re reading on Brexit—the United Kingdom’s June 23 referendum on whether it should exit the European Union—aren’t telling you the whole story.

While the commentators focus on the horse race, there’s something deeper and longer-lasting happening across the U.K. Brits have become canaries in the coal mine, offering Europe, America and the developed world a glimpse of what is coming in our elections.

The Brexit question represents the political conflict rapidly spreading across the globe: Do hardworking, taxpaying citizens fundamentally trust or reject half a century of globalization, integration and innovation? Have the promises of the political and economic elite helped improve their daily lives? Or is it time for a rethinking and redrawing of our political and economic systems from the ground up?
That’s why the majority of British voters’ heads may be with Remain, but their hearts are with Leave—and those hearts are winning out in these final days before the vote.

Public sentiment on the ground is evenly divided. In a nationwide survey my firm completed June 8, Leave had 49% of the vote, Remain 47%, and only a handful of voters (4%) remain truly, totally undecided. Anybody who tells you today that they can predict the final outcome is either fooling or fibbing. It is truly too close to call. That, in itself, is an incredible story—given the range and resources available to the ‘Remain’ campaign. If David Cameron’s ulcers were giving him trouble before the Scots referendum, just imagine how many Zantacs he ploughs through today.

The underlying currents are moving in Leave’s favor—and they are doing so worldwide. Having conducted extensive polling and focus groups in the U.S., U.K. and across Europe, it is clear that more and more people have come to reject traditional theory and party orthodoxy, wreaking havoc on the politicians and political structures standing in its way. In Britain, the choice is between whether we want to “put ourselves first,” or “continue contributing to the global community.” In America, the fundamental question for the upcoming election is similar, and just as significant: whether to seek changes at the margins, or blow it all up and start over—in the name of “Making America Great Again.”

Consider also the recent elections in Austria, where the far-right “Freedom Party” came within 1% of capturing the presidency. Or the current polling in France that has national-conservative candidate Marine Le Pen tied or ahead. People may not be taking to the streets, but they are using the electoral process to have their (increasingly extreme) voices heard.

But unlike in America, the underlying issue in the upcoming Brexit vote isn’t clouded by candidates or even political parties. That’s why the outcome of the referendum is so important not just across the English Channel but also across the Atlantic Ocean. This is a pure vote, up or down, on the question of being nation-first or a global participant. {Full Story}

Related - How would Brexit affect Northern Ireland and Scotland?

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