Quote:
Originally Posted by Anthony Smithee
I see nothing wrong with the European Union, and I certainly contest the allegation that it is bad for the economy.
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Is this a deliberate wind-up?
If the UK relied on trade with only the EU we would have gone bankrupt in 1974. We haven't had a trade surplus with the EEC/EU since 1973 (the first year of our forced membership of the EEC/EU).
The UK has a gigantic trading deficit with the EU (to the advantage of the continental EU nations) and we have paid a larger sum into the EU than any other member state (since we joined it) except for Germany (a country which does better financially out of the EU than we do).
The money we get back from the EU in grants and subsidies is the second lowest of all the EU member states - and has been for many years.
If a Chief Executive of a company was trying to run a company's finances on the above lines s/he would be fired by an angry board.