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If Brexit Throws UK Into Chaos, US Economy Could Take Hit

If Brexit Throws UK Into Chaos, US Economy Could Take Hit
Britain's Prime Minister Theresa May travels to the Houses of Parliament in central London on January 14, 2019. (Oli Scarff/AFP/Getty Images)

By    |   Monday, 14 January 2019 04:04 PM EST

Tuesday’s Brexit vote in the British Parliament is expected to be a loser for Prime Minister Theresa May. It is the hottest topic in decades for the British people as they await the verdict on whether they will leave the European Union as originally voted for.

May has warned lawmakers that if they do not vote to exit the EU, the country faces catastrophe. The entire political fight should concern all Americans as Britain is America’s number one European ally. Any weakening of their economy will be a direct hit in the United States.

The vote is Tuesday on May’s plan. She had postponed her December vote when it became clear she would lose. The prime minister wrote an op-ed in the Sunday Express stating members of parliament must not let down a majority of the British people who actually voted for an exit to the EU.

Should parliament vote against the will of the people, there could be real trouble in the streets of the capital. As this all surfaces, some lawmakers that include former Tory ministers are attempting to allow non-government members to take control of the timetable. They want them to present legislation that makes leaving the EU illegal.

If May loses the vote, it could lead to her resignation and political chaos would ensue. There are many in Britain that will not take kindly to the will of the people being silenced by the minority. President Trump and his national security team are following the crisis closely. It would potentially overturn centuries of Parliamentary precedent.

A compromise is possible, but it seems all too familiar to the American people of our own government shutdown occurring right now. Most suspect that the Commons would support some sort of deal, but at present there doesn’t appear to be an alternate plan in place.

The entire situation is almost a mirror image of Trump’s clash with Democrats over a wall on the southern border. Neither side wants to budge, with the citizens in the middle.

In her Sunday Express op-ed, May wrote that that “Doing so would be a catastrophic and unforgivable breach of trust in our democracy.” She added, “So my advice to parliament this weekend is simple: it is time to forget the games and do what is right for our country.”

If there is no deal worked out by the impending exit from the EU on March 29, it would be catastrophic on trade. All of which affects the United States with Britain in chaos.

Dwight L. Schwab, Jr. is an award-winning national political and foreign affairs columnist and published author. He has spent over 35 years in the publishing industry. His long-running articles include many years at Examiner.com and currently Newsblaze.com. Dwight is an author of two highly acclaimed books, "Redistribution of Common Sense - Selected Commentaries on the Obama Administration 2009-2014" and "The Game Changer - America's Most Stunning Election in History." He is a native of Portland, Oregon, a journalism graduate from the University of Oregon, and a resident of the SF Bay Area. To read more of his reports — Click Here Now.

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DwightLSchwab
Tuesday’s Brexit vote in the British Parliament is expected to be a loser for Prime Minister Theresa May.
brexit, theresa may, vote
520
2019-04-14
Monday, 14 January 2019 04:04 PM
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