The figure of 75% is probably incorrect. The question asked was something like 'Do you think we should join the Euro?' 75% said no but within that 75% there are a number of groups. Many (including the Government) don't want to join until the economic indicators show that it is the right time to join. Others don't want to join but feel that, in the long term, we will have to if we are going to have any influence within Europe. Of those who are totally opposed to entry the fear is that we will lose control over interest rates and that decisions on British fiscal policy will be left in the hands of German and French politicians. Of course many people just have an emotional attachment to the £ as a currency.
The case for the 'yes' vote has not really been made yet, business and political leaders are pushing for membership and I think that we will join within the next few years. The phrasing of the referendum question will be very important.
Yesterday's election was the most boring in living memory. Only 59% of people voted, the lowest turnout since 1918 and William Hague (who resigned this morning) became the first Conservative leader since Austin Chamberlain in 1920 to fail to be Prime Minister whist in office.
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Save Chip - Don't let Sarah win!
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