Written by Kabulo Chongo
Looking at the Brexit as a teenager, and the events that led to the vote, they were some of the most confusing days of my teenage life since I took an interest in politics. This is because the Politicians from both sides of government did not fully explain the implications of leaving the EU or staying in the EU. In my view, this is what contributed to the confusion among British people on whether to stay to leave the EU. In this article, I am going to look at both the advantages and disadvantages of leaving the EU. These were the main reasons, “for” and “against” the Brexit.
Firstly, the economic advantages that were given for leaving the EU, where being able to have complete control over what happens in the country. Currently, 60% of EU laws have a significant impact on the way the UK conducts its own business especially with immigration and social security. The Brexit would allow the UK to save the money that it contributes to the EU. This would free up money that can then be spent domestic, border security and health. Without the EU, Britain can independently trade deals with other countries, like China, US, and Canada. UK contributed 13.1bn in 2016 to the EU and only received 4.5bn come back in spending, so Britain contributes a total of 8.6bn altogether to the EU according to fullfact.org. The rationale from people for the Brexit is that the 13.1bn could be put to the National Health Services which would greatly help with the staffing issues in hospitals and other health facilities.
Secondly, in education and research at the moment, Only 3% of total R&D spending in Britain is funded by the EU. Leaving the EU will hopefully increase funding for science and research. Also, the UK will be able to set its own immigration policies which could fast-track scientists and graduates. However, leaving the EU will also mean the UK will lose out on the millions in research funding for the universities that it receives from the EU. Also, the collaboration with top scientists in Europe with the help of EU grants will also be hard.
Thirdly, the Brexit is currently having a negative impact on the Pound, according to economists’, this is and will have a big impact on the economy especially in the importation of good and services. Goods and services will become expensive to import, which will mean raise the prices of essential goods. The pound dropped more than 10% after the Brexit vote, however, the drop in the pound has reduced unemployment levels. The Centre for Economics and Business Research also predicted that the house prices in the UK will fall by almost £2,000. Furthermore, two-thirds of the agriculture export go to the EU. Farmers worry that a Brexit will mean they lose the tariff-free access, farmers in The UK also rely on the €3bn from EU’s common agriculture policy, this makes up 55% of their income.
In conclusion, the Brexit will not take effect, at least for another 18 months, Currently, the leaders are still negotiating deals on the divorce. The reports I have seen are only speculation, we will not know the full impact of the Brexit until deals are finalized. From what I can see there are strong points for leaving and strong points for staying in the EU.
Written By Kabulo Chongo
– Kabulo Chongo is our youngest contributor, she is 14 years old and still in high school.