Is our Prime Minister’s thumping of the lectern in Brussels over the latest EU £1.7 Billion rip-off on us the way to win Euro-friends and influence bureaucrats? More demeaning than the theatricals was afterwards the PM apparently laughing and joking with arch foe Barroso or perhaps the TV footage was wrong. Something doesn’t quite meet the eye. Is it creditable that events unfolded as reported and what are we not being told?
Many British Eurocrats, government officials and MEPS loyal to David Cameron’s Conservative Party, are implicated in the EU Commission’s machinery and in managing our country’s decline. It would be logical to deduce that some actually played a part in the latest EU-burden being placed on us. How can they justify the extra borrowing required to fund it, which will ultimately be paid by future generations of taxpayers? Or was this something to be ignored, along with democratic accountability, transparency and economy?
Unfortunately, only now and then do we see in public the top of the EU iceberg, much of the destructive burden is below the surface and needs careful investigation, analysis and thought to identify and quantify. And ruling establishment obfuscation, deceits and denial make the task that much harder. So please excuse the following explanation, which even a rapacious Eurocrat or cliché repeating Conservative, Labour or LibDem Spin Master could understand – pocket science.
Money when used has some economic benefit. When we have money in our pockets or companies have reserves we can use it for our benefit and to get the best ‘value for money’. When this money is taken from us and used by someone else, we don’t benefit much, if at all. So to get back to where we would have been before being robbed we need to acquire, usually through hard work, another approximately equal amount. Total cost to us, twice what was stolen, but alas in a competitive world, we may not be able to acquire that other tranche of money, and so the quality of life, social mobility, macro economy, investment, reserves or savings for difficult times and competitiveness suffers.
And if we need to employ someone to deal with red tape and bureaucracy, we again don’t have the money available for research and development, expanding production, marketing, training and improving competiveness. We would have to work twice as hard to get it, even if possible. Consequently, we are forced into lower value-adding production, a more stagnant economy and a poorer quality of life. The only way to keep going is through wage compression, hence a vicious cycle especially for poorer people, which is exacerbated by a ready oversupply of cheap labour.
Further, many potential opportunities cannot be followed up because the money isn’t there to support them and they are not viable with the existing higher cost base worsened by taxation. Many small businesses cannot start or grow as a result and legislative or bureaucratic burdens further tilt the economy towards existing bigger businesses, which can be aggravated by a large public sector following EU procurement legislation, which favours them.
So the more money in our pockets and the less in those of bureaucrats the more we benefit individually and the more the economy grows. EU Taxation without representation is a denial of democracy, a brake on prosperity, a worsening of the potential quality of life and blatant theft.