Foxholer
Blackballed
I think the core issue is not about the current positions of the UK or the EU but more about what direction we and the EU wish/should to travel.
The EU has become dominated by Germany and France who side with Juncker's vision. As Cameron found, like most UK PMs before him, the UK has never succeeded in getting the EU to be a cohesive group of trading partners. Political centralisation will not help the EU as their members are too different sociologically and economically. This federal tenet upon which the EU progresses and the constraints of the ECB has and will hog tie the individual monetary policies of nations. If the UK remained I'd predict the autonomy of the BoE would become questioned as would our ability to form our own monetary policy for sterling outside the Euro.
The future of the UK tied to this political experiment would IMO be a disaster for the standard of living for UK citizens. The short-term of our political voting system's 4 year cycle is a distinct disadvantage to the long term planning we need at this time.
Some well reasoned points - and I agree with quite a bit of it, though disagree with quite a bit of it too!
However, it's all rather knocked by the error in the last paragraph that also rather destroys the point being put forward....UK Parliamentary election cycle is 5 years, not 4!