This is the Cato Daily Podcast for Friday, April 22, 2016. I'm Caleb Brown.

The President has weighed in on Brexit the referendum Britain's will consider about leaving

the European Union.

Tom Clardy, managing editor of the Cato Journal and former executive director of London's

Adam Smith Institute, comments.

President Obama during a visit to Great Britain where he made note of the fact that he would be wishing the Queen a very special happy birthday.

Sort of stuck his nose into the Brexit referendum that is coming soon and urged Great Britain to stay in the European Union and he essentially made two

arguments one of which is Britain you help the European Union, and the other one is the European Union helps

you.

Right.

Those seem to be the two arguments.

Could you, like, could you un be the two arguments.

Could you, like, could you unpack those two arguments a little bit at this article that he wrote

for the telegraph?

Yeah, sure.

I mean, he's essentially making two key points. One is that the European Union magnifies

British influence in the world, that it doesn't diminish it, that in fact Britain, its voice

is heard more loudly and more clearly because it's a member of the

European Union than were merely an independent sovereign nation state.

The second point Obama's making is that having the UK in the EU makes the European Union more open,

more outward looking and keeps it linked to allies across the Atlantic.

Presumably that means the United States of America.

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