Richard Lambert and John Springford pour cold water on British euroskeptics’ economic arguments for leaving the EU. – Project Syndicate

This is a MUST READ article, in my view. Check it out!

Richard Lambert and John Springford pour cold water on British euroskeptics’ economic arguments for leaving the EU. – Project Syndicate.

Personally, I am pro-Europe for open and free trade but not for excessive bureaucracy. In my judgement, the European Commission should be facilitating effective strategy not defending their focus on Smartphone apps. for road traffic updates.

Any thoughts?

 

Collectively, the EU is the largest contributo...

Collectively, the EU is the largest contributor of foreign aid in the world. (Photo credit: Wikipedia)

One response

  1. Dr Alf has identified an interesting article and having met Richard Lambert I should be impressed by his arguments about the EU.

    Sadly,the evidence is not so compelling as none of the benefits promised by Ted Heath in 1974 when we joined the then EC have come true.

    We were promised millions of new jobs,no more European wars and an ability to make the traffic lights stop in Beiijing and Washington.

    This has not happened and the person in the “box seat” is Angela Merkel.Germany controls Europe and the appointment of key figures in Europe. It has a better educated workforce than we have, a more equal society and a manufacturing sector.
    It is efficiently run whereas we are not and unlike us they are taken seiously by China ,the coming superpower.
    The UK has an unbalanced economy and should be focusing on South America and the MINT countries for exports but is not doing so.

    It could also be an attractive tax haven with fewer people in it modelled on Switzerland and Singapore and with higher living standards for everyone.

    We should engage with Europe as the Norwegians do as part of EFTA,stop the Barnett Formula,give the Scots,Welsh and Northern Irish the hard word(either stay or go but no more free lunch) and become neutral.

    Instead, thanks to David Cameron who lacks negotiating skills or military power,we try to be all things to all people and are are treated as a joke even within the EU plus being nett financial contributors to the EU,an entity riddled with fraud on a massive scale.

    The Chinese Prime Minister on his recent visit was more interested in meeting the Queen who has real power and controls the Commonwealth than he was in meeting Cameron.

    Our biggest export market is the Irish Republic which was originally one of the so called PIIGS and effectively a vassal state to Merkel’s Germany so 50% of our exports which amount to very little are to a country which until recently was bankrupt.

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