There is a debate proceeding twixt Richard North, EU Referendum, and The Purple Scorpion on the objectives of "Referism".
The Purple Scorpion is in favour of small government, greater accountability etc; so if all matters other than defence, foreign affairs, immigration (if I have missed anything, readers will no doubt be quick to comment) were devolved to local authorities, the national budget and the details therein would be easier to understand. In other words the question in respect of any national budget would be whether we agreed with the amount of money to be spent on our armed forces, how much would be spent on maintaining our relationship with other countries and how many foreigners we would be prepared to allow into our country - questions which I believe is all that Joe Public is interested in, on a national scale. With all 'internal' matters devolved to local authorities it would then be the choice of those people what health, education, law & order policies were implemented.
With the right of the public to refuse to sanction either national or internal policies - and the cost therein - it may take a few referenda to drive home the message to politicians, both national and local, the idea that the sooner they actively engage with their electorate the better. Even the thickest of politicians will soon learn that the quicker and more often they do actually listen to those that fund their lifestyle and should therefore reflect those opinions, the less will be the need for referenda.
Aha, I hear the cries: what about banks? What about banks? Local people are interested in: is their money safe; is it there on demand 'en masse' ; what can they borrow, etc. So perhaps banks need to split their domestic and international business? How that international business is financed is the banks problem, it is not the problem of local investors and customers. With such a split of business, either banks would flourish locally, or they would not - the choice is theirs.
What's not to like about "Referism"?
Just a few thoughts.........................