I know you tuned in this morning to read my brilliant analysis of the economic impact of the vote yesterday by the United Kingdom to withdraw from the European Union.
You will have to wait on that.
Here is what I know.
Dissatisfaction by the people with the European Union is not just a feature of the United Kingdom. Although a majority in Scotland voted to stay. And I’m reading stories about how this is an opening for a united Ireland.
We will have to wait on that too.
In Spain and Greece there are also movements against the austerity imposed on their nations by the EU.
The difference: Those anti-austerity movements were led by progressive political forces.
In the U.K. the Brexit forces were mainly based on anti-immigrant, national chauvinist, isolationism.
Like Marine Le Pen’s National Front in France.
Like Donald Trump.
Yesterday voters in the U.K. had two bad options: Falling for the anti-immigrant racism of those calling for leaving the European Union or the status quo of David Cameron.
It is much like the choice we are faced with in November: the anti-immigrant racism of Donald Trump or the status quo of Hillary Clinton.
Those who know more than me about economics predict a tough time ahead for the working people of the United Kingdom as a result of this vote.
There is a price we pay when we fall for the bad choice of anti-immigrant patriotism and racism and when the progressive forces are not strong enough to lead.