Brexit: What Is It, And What Are Its Pros And Cons | The Odyssey Online
Start writing a post
Politics and Activism

Brexit: What Is It, And What Are Its Pros And Cons

The people of Britain have spoken.

6252
Brexit: What Is It, And What Are Its Pros And Cons
The Corbette Report

When I first heard/read "Brexit" I had no clue what it meant, let alone the pros and cons of it. As I delved into the never ending amount of articles that included "Brexit" in the title, I learned so much more than I ever would've imagined. After reading each article I had so many questions. With my curiosity sparked, I went further into the depths of the internet and researched the topics I wasn't understanding. It became very clear that there are two sides to this decision (just like every choice): pros and cons that change depending on your views of the situation. For people like me who weren't sure what is what, here is the simple (as simple as possible) breakdown of "Brexit".

What Is "Brexit"?

On June 23rd, 2016, the people of Britain voted in a National Referendum on whether or not they will remain part of the European Union (EU). "Brexit" is a term that is used for Britain's decision to leave the EU. The polls for this vote showed that roughly 52% (17.4 million) voters chose to leave the EU, and about 48% (16.1 million) voters chose to stay.

Pros Of "Brexit"

People who are in favor of "Brexit" are those who voted for Britain to leave the EU. One reason many voters felt strongly towards leaving the EU is that they felt that Britain no longer had its own identity. These people felt as though they were under an overcast of the EU; that they lost possession of their national sovereignty. Britain leaving the EU would give them back their identity.

Another reason voters felt strongly about leaving the EU was that it would save Britain money. With Britain being part of the EU, roughly 11% (about $200 billion) of the annual GDP was spent on things that were directly related to the EU. Leaving the EU would give Britain the chance to have their own financial regulation that would better suit their own economy, not the entirety of the EU.

A very frequently spoken reason for leaving the EU is that Britain wishes to be able to make their own rules and regulations in regard to immigration. As of now, many British citizens feel as though the country is being taken advantage of by people from other countries, mainly when it comes to "Benefit tourism". Some citizens feel as though people move to Britain specifically because of the NHS.

Cons of "Brexit"

Voters against "Brexit" believe that Britain leaving the EU is not the right way to go about things, they believe that leaving would be a mistake. Many people feared that leaving the EU will damage the economy from a trading point of view. About roughly half of the UK exports are to the EU, and imports are from the EU. Any sort of trade relationship with another country that they once had will have to be reestablished because they are no longer part of the EU. Having to gain back connections for trade can be a lengthy process, meaning the British economy could take a very severe hit.

Another reason citizens were against leaving the EU is that they feel there is nothing wrong with the current immigration system. They look at the statistics and recognize that

immigrants from the EU to the UK are more educated than those who reside solely in the EU.

They view allowing immigrants as a positive thing that benefits the country.

As we see with many events in media, there is a great amount of talk and publicity that goes on when things happen. But change takes time, and with time larger things can be altered.

Report this Content
This article has not been reviewed by Odyssey HQ and solely reflects the ideas and opinions of the creator.
Featured

12 Midnight NYE: Fun Ideas!

This isn't just for the single Pringles out there either, folks

14727
Friends celebrating the New Years!
StableDiffusion

When the clock strikes twelve midnight on New Year's Eve, do you ever find yourself lost regarding what to do during that big moment? It's a very important moment. It is the first moment of the New Year, doesn't it seem like you should be doing something grand, something meaningful, something spontaneous? Sure, many decide to spend the moment on the lips of another, but what good is that? Take a look at these other suggestions on how to ring in the New Year that are much more spectacular and exciting than a simple little kiss.

Keep Reading...Show less
piano
Digital Trends

I am very serious about the Christmas season. It's one of my favorite things, and I love it all from gift-giving to baking to the decorations, but I especially love Christmas music. Here are 11 songs you should consider adding to your Christmas playlists.

Keep Reading...Show less
campus
CampusExplorer

New year, new semester, not the same old thing. This semester will be a semester to redeem all the mistakes made in the previous five months.

1. I will wake up (sorta) on time for class.

Let's face it, last semester you woke up with enough time to brush your teeth and get to class and even then you were about 10 minutes late and rollin' in with some pretty unfortunate bed head. This semester we will set our alarms, wake up with time to get ready, and get to class on time!

Keep Reading...Show less
Student Life

The 5 Painfully True Stages Of Camping Out At The Library

For those long nights that turn into mornings when the struggle is real.

2953
woman reading a book while sitting on black leather 3-seat couch
Photo by Seven Shooter on Unsplash

And so it begins.

1. Walk in motivated and ready to rock

Camping out at the library is not for the faint of heart. You need to go in as a warrior. You usually have brought supplies (laptop, chargers, and textbooks) and sustenance (water, snacks, and blanket/sweatpants) since the battle will be for an undetermined length of time. Perhaps it is one assignment or perhaps it's four. You are motivated and prepared; you don’t doubt the assignment(s) will take time, but you know it couldn’t be that long.

Keep Reading...Show less
Student Life

The 14 Stages Of The Last Week Of Class

You need sleep, but also have 13 things due in the span of 4 days.

1777
black marker on notebook

December... it's full of finals, due dates, Mariah Carey, and the holidays. It's the worst time of the year, but the best because after finals, you get to not think about classes for a month and catch up on all the sleep you lost throughout the semester. But what's worse than finals week is the last week of classes, when all the due dates you've put off can no longer be put off anymore.

Keep Reading...Show less

Subscribe to Our Newsletter

Facebook Comments