28 June 2016

Uncommon Commentary #509: (GB Says) "PU" to the EU

I have not studied the reasons for what has become known by the imbecilic coinage “Brexit”, but the decision to leave the European Union (EU) is probably correct.  I’m in favor of cooperation between countries, but the degree of cooperation mandated by the EU seems excessive; many economists, for instance, have ridiculed the idea that a common market has need of a common currency such as the “Euro” (another stupid name).  And then there’s the EU’s policy of maintaining open borders between member states, which is a reason why the refugee problem in Europe is at crisis level.  (If none of the preceding confirms the wisdom of the UK’s departure, consider also that Obama is opposed to it!)