Being Dutch, I've seen the discussion about yes/no going on for a while now.
I'd say the main arguments for saying no are: (I was in favor of the constitution, by the way, so this isn't going to be an objective assessment...)
1) it's going too fast, and we don't like it. The EU is "out there", and we don't know what it does. There's a lot of shady politicians there, and who knows what they're up to.
2) It costs too much. We pay a lot of money, and the EU appears to spend it all on politicians' salaries and regional aid for southern Europe. What's in it for us???
3) The Euro has been a rip-off. There's been a heated debate recently about the introduction of the Euro a few years ago. Apparently, our former currency was valued too low when we introduced the Euro. People associate this with the fact that inflation was higher after the Euro.
4) We don't like the current Dutch administration. Voting "no" was seen as a good way to say FU to them.
5) The constitution goes too far. We'll lose a lot of influence, and who knows what'll happen? Maybe we'll be forced to put an end to our liberal drugs policies, and our liberal laws concerning abortion and/or euthanasia.
6) The constitution doesn't go far enough. The environment isn't mentioned enough. And various countries will be able to hurt poor innocent animals because it'll be protected as "cultural values".
Sure, there were some reasonable arguments, but mostly it was about fear. We know what we have, and don't know what we'll get.
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