Young Britons, who overwhelmingly voted for Remain, will be increasingly angry that it is their grand-parents’ generation, the 50+ who have perhaps destroyed their future potential.
There are two groups who voted for Brexit
- Older voters
- Less well educated working class voters in England outside London (see Fraser Nelson (editor of Spectator) in his WSJ).
Young Britons need to look to Southern Europe, where austerity and under-investment as a result of conservative economic management have left a generation outside work. The economic uncertainty in the UK over the coming years will mean fewer job opportunities and less overseas investment. Because of the Brexit result, skilled and educated Britons will have to look to opportunities overseas (although the EU will be more difficult with reciprocal employment restrictions).
The financial market meltdown can quickly lead to recession and possibly depression. The weakest will be the most vulnerable. Those without higher education and specialist skills, who voted for Brexit, will likely find fewer and fewer jobs. For many, they were hoping for an immediate cut in immigration to make more jobs available. Employers want to the most educated, skilled, motivated and hard-working staff – sadly, the future will be harder for working class Britons, not easier. Jeremy Corbyn should resign because he has precipitated the emerging crisis for working class Britons. Corbyn represents the extreme left, not traditional socialist values of the Labour Party – like Brexit which was hijacked by populists, we have seen the same populism blight the Labour Party – Labour MPs must now oust Corbyn.
BUT it’s not too late for Brexit. Constitutionally, it’s up to the government and parliament to decide on next steps. If they feel that the people were mislead, by Farage for example, then, in the interest of democracy, they can act accordingly. Perhaps another referendum to clarify the way forward?