Dr. Watson Scott Swail, President & CEO, Educational Policy Institute on Brexit
Dr. Watson Scott Swail, President & CEO, Educational Policy Institute
After a long night, the results are in and the world woke up surprised. The United Kingdom voted to leave the European Union after 43 years of membership, shaking global economic markets and the financial stability of the UK. The “leave” campaign endured by a vote of 51.9 percent to 48.1 percent, in a surprising reverse of what polls suggested in the days leading up to this, only the third referendum in the history of the UK.
The impact of leaving the EU will be enormous and has already begun. By this morning, Prime Minister David Cameron announced his resignation, giving additional instability to weak Parliament. Northern Ireland is already murmuring about the possibility of joining the Republic of Ireland to keep in the EU, and Scotland, which overwhelmingly voted to remain, is already in talks of a new referendum…
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