Wednesday, June 29, 2016

Gut Check Time

We don't yet know who will be Britain's new Prime Minister, perhaps Boris Johnson. Whoever it will be faces an interesting dilemma, according to this Reuters story from Yahoo News.

The foreign ministers of the remaining EU nations, meeting without Britain, have announced that if the U.K. wants full access to the EU market, they will have to allow free access to all EU citizens who want to move to Britain to work and live. That is exactly what U.K. voters voted against - unfettered movement from all the poorer EU members to Britain.

A PM who represents British opinion will tell the EU, sorry fellows , unfettered access is off the table. Now let's talk about what kind of deal you want with our lucrative market without free movement of people.

Germany exports a lot to Britain, I doubt they wish to stop selling there. I daresay that is also true of several other important EU members.

Now we see if the new Tory PM has Churchillian backbone, Thatcherite courage.