Tags: Brexit | Polls | eu | europe | ireland

Will the Emerald Isle Exit Next?

Will the Emerald Isle Exit Next?

Kilkenny Castle in Kilkenny, Ireland built in 1195 to control a fording-point of the River Nore and the junction of several routeways. (Brett Andersen/Dreamstime)

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Tuesday, 13 February 2018 03:16 PM Current | Bio | Archive

The seeds were sown in 2016. A movement rejecting political elitism and valuing sovereignty captured the hearts and minds of voters as nationalism took flight in both Great Britain and the former jewel of it’s colonial crown, the United States. The historic year that was 2016 dealt a blow to globalist interests on both sides of the Atlantic.

Citizens of both countries had finally had enough of their respective underperforming economies. In the U.S., 95 million Americans were out of work while southern Europe was suffering through its own unemployment of 20 percent.

Although an April 2017 poll showed that only 16 percent of Irish believed the republic should follow the British out of the European Union, an appearance by Brexit activist and leader of the UK Independence Party, Nigel Farage in Dublin earlier this month generated excitement and speculation that a potential exit from the EU could potentially one day materialize. At the very least, there are some serious concerns regarding the direction of the EU — and it’s affect on the Irish economy.

Ireland, which has historically been closely aligned with the British, is currently at the mercy of a German dominated EU. The EU wasn’t responsible for creating the attractive environment for foreign investment that the Emerald Isle is.

The large Irish investment into its telecommunications infrastructure starting in the 1980s provided Ireland with the most advanced and comprehensive digital network in Europe.

Stateside, the early returns on the Trump economy and its bold slashing of taxes have not been lost on the Irish. In fact, their "Celtic Tiger" of an economy, absorbing over 277 billion dollars worth of American investment of the past 20 years was driven in part by section 71 of the Finance Act 1999 lowering corporate taxes from 32 percent to 12.5 percent, beginning in 2003.

It's still yet to be seen if the new American economy and specifically the Tax Cut and Jobs Act has any negative ramifications for the Irish economy.

With Brexit, Ireland’s closest ally leaves the European Union in 2019. We will learn after March of 2019 whether Brexit leaves Ireland somewhat marginalized within the EU.

It can also be argued that the implications of a "hard" Brexit may have negative effects on the UK due to a changed relationship with the customs union and potential tariff increases. This could benefit Ireland as the westernmost English-speaking country in the EU and could raise its profile as an access point to Europe.

Security implications play into any possible defection from the EU as well regarding the aforementioned customs union and the maneuverability that currently exists between European nations.

Ireland has its own unique circumstances to consider in its potentially leaving the EU in the future. With the UK’s departure, who will uphold and advocate for Irish interests within the EU? Perhaps the most important question is, "Should the national interest of the Irish people supersede the will of the centralized EU?"

Julio Rivera is an entrepreneur, small business consultant and political activist. He contributes to RightWingNews.com and NewsNinja2012.com, and had previously covered boxing and baseball for the now defunct "The Urban News" in his native Paterson, N.J. For more of his reports, Go Here Now.

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JulioRivera
With Brexit, Ireland’s closest ally leaves the European Union in 2019. We will learn after March of 2019 whether Brexit leaves Ireland somewhat marginalized within the EU.
eu, europe, ireland
536
2018-16-13
Tuesday, 13 February 2018 03:16 PM
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