In 1992, when the British government announced its withdrawal from the ERM, every self-proclaimed expert agreed it would be a disaster. The official policy of the three major political parties of the time was that the pound sterling should remain part of the mechanism – industry wanted the ERM, as did the City. The only groups to hold any scepticism towards the reliability of the ERM were the British people and a handful of Conservative MPs.
In the end, the British people’s gut instinct turned out to be well founded. Britain’s exit from the ERM saw her enter sixteen years of economic growth.
This was not enough for the Europhile elites to learn their lesson, however. A decade later and they were chomping at the bit to see the pound sterling dissolved and the UK join the EU currency union, the euro. A certain Nick Clegg was once recorded saying, “the euro, despite some foolish assertions…has provided great internal stability to the eurozone.” Meanwhile, poor support from the British public meant that, in 2010, despite Clegg’s party having pledged in their manifesto to see the United Kingdom eventually join the currency union, the Conservative-Lib Dem coalition saw the euro debate, at the bitter disappointment of the Europhile elite, finally ended.
Imagine where Britain’s economy would be now had we ignored the will of the people then and, instead, followed so-called expert advice?
You would think that would act as the final nail in the Europhile coffin. No more meddling. No more patronising ‘expertise’ aimed at the ‘unknowing’ British voter. Alas, no. Fast forward a term in office and this motley crew were at it again. Only this time, things got serious: a referendum on British membership of the European Union put forward to the electorate with the assurance that, whichever campaign won, the result would be carried out. The Europhile elite were ready to silence decades of British cynicism towards their beloved Brussels bureaucracy for good. Apart from, as if events regarding the ERM and the euro had totally lapsed their memory, things didn’t quite turn out as Remainers had planned. Vox populi roared with all its glory: the British people wanted out.
One year on and, despite an incredible torrent of abuse, tantrums and attempts to bypass democracy, Brexit is going ahead. Europhiles across the country are still stunned. In a hilarious turn of events, the very cohort of British society these elites have romanticised for so long, are now burying their political agenda into the ground. As the Remainer ship sinks further towards the lonesome seabed, perhaps unfortunately, we can still hear their final cries of impending doom, in a last, jittery attempt to diminish the will of the people.
The reality is, we shall hear these cries until the day our nation officially breaks free from the reigns of the European Union. Inevitably, there will be times when this relentless pessimism, marinated in its syrup of condescension and moral superiority, begins to take its toll on the Brexit spirit. We are, after all, only human. Therefore, in these moments of hardship, when it appears the whole world is against our desire for independence, let us remember two things. First and foremost, a united and resilient Brexiteer front, across all parts of the political spectrum, will be paramount in seeing off threats by Europhile elites to dilute the will of the majority. Finally, and perhaps most importantly, Britain’s future as both an economy and a nation post-Brexit is brighter than we can possibly appreciate at this moment in time – because, as history tells us, the instinct of the British people always turns out to be right.