"Brexit" is Good for Britain

And before I start my argument I’m going to begin with quickly refuting a couple of the arguments are too often brought up in defence of us remaining within the European Union in the hope that my opponent won't attempt to use them. Stock Market:The main British stock market the FTSE 100 is currently at a high for this year in the wake of the EU referendum [1]. The FTSE 250, a more expanded version, has lost value however it has already made up over half of its losses [2]. This will mean that the Brexit crash will have no more long term stock market impact than the February [3] which at this point no one remembers. Long Term Economic Impact:The least optimistic forecast for the economic impact of Brexit is that by 2030 our economy will be 3.2% lower than it would otherwise have been [4]. By the year 2030 based on current projections our economy would have been at 4,169,828,700,000 USD [5] (PPPGDP) or 58730 USD per capita (taking into account population projections [6] ) without brexit and with brexit based in worst case scenario our economy will be 4,078,092,468,600 USD (PPPGDP) or 57438 USD per capita giving us growth of 148% during that time period rather than 151% during the same time period. This is an incredibly minor impact on growth and not the catastrophic economic crash reminiscent of the 2008 crash that was predicted by some of the remain camp. Scotland:It is feared the Scotland could have another independence referendum due to the Brexit vote. However in reality the conservative party in the UK which will remain in power for the foreseeable future has said that this issue is “settled for a generation” [7] meaning that it is very unlikely to have a referendum for Scottish independence after the Brexit. Furthermore there has been no pledge for an independence referendum from the main opposition Labour party. The combination of these factors means in all likelihood there will be no independent Scotland. Main Argument:Long term goals of the EU:The EU is designed to create an “ever closer union” between EU member states [8]. Britain is unique among EU member states in having an opt out to this [9] following our last series of negotiations with the EU. While on the surface this is good it means that the there are fundamental differences between the future goals of the UK and the EU which if we had stayed in the EU would have ultimately lead to a widening gap between the EU and the UK. Sovereignty and Democracy:The EU does not operate democratically, while it is true that the European parliament is elected (which has some of its own problems which we will come to) it is not the European parliament that forms the laws [10] instead it is the European commission [11] which is made up of 28 unelected members who wield the majority of the power within the EU. Another problem with the EU in this regard is that it has no developed demos, that is a people who feel a connection together and some connection to the state overall. Instead what the EU has is 28 (soon 27) different demoses all of which act in their own interests and lead to a union which is fundamentally irreconcilable with a functioning democracy. This is why the elected body of the EU is made up of so many disparate parties representing so many disparate national interests and the ruling side is made up of coalitions of coalitions rather than in other nations where there are one or two ruling parties [10]. Furthermore in order to be a member of the European Union states must hand over many of the necessary trappings of statehood to the EU, this includes large sections of the immigration policy of member states [12], large parts of the financial policy through a partial fiscal union [13]. Furthermore the European Union has the ability to regulate extensively in many fields [14] and these regulations make up anywhere from 10 to 50 percent of UK law [15] and considering that one law decided through an undemocratic process and imposed on the people of Britain would be unacceptable even the minimum figure is by itself justification to leave. Democracy and sovereignty are not abstract concepts with no real meaning or application, they are fundamental for a free and prosperous nation [16]. [1]. http://www.londonstockexchange.com...[2]http://www.londonstockexchange.com...[3] . http://money.cnn.com...[4] NIES Economic predictions for Brexit[5] . http://www.pwc.co.uk... (a little congecture involved but nothing that could be considered unreasonable). [6] . http://www.bbc.co.uk...[7] . http://uk.reuters.com...[8] . http://lawvolumes.dwp.gov.uk...[9] . https://fullfact.org...[10] . https://en.wikipedia.org...[11] . https://en.wikipedia.org...[12] . http://ec.europa.eu...[13] . http://ec.europa.eu...[14] . https://en.wikipedia.org...(European_Union)[15] . http://researchbriefings.parliament.uk...[16]http://belfercenter.ksg.harvard.edu...