October 18, 2006

EU is crap says EU commission

Tim Worstall has a piece in the Times today on the costs and benefits of the EU according to the EU's own figures.

The cost €600 billion
The benefit €164.5 billion

This is just the single market, which is by far the best bit of the EU. Nothing to do with CAP or CFP (which is soon to make cod extinct in the North Sea). So unless the EU single market produces €435.5 billion of hidden benefits for the member states that the commission could not find, which I doubt, even for the best bit of the EU the costs massively outweight the benefits. And given the EU's history and the proposals that we know of (such as becoming a Europe wide censor for the internet) there is no better time to leave than now, since it will only get worse.


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