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Reducing The United Kingdom’s National Deficit – No To Europe & Foreign Aid

Comment 2nd July 2010

According to the Maastricht Treaty, the deficit of any nation should not exceed 3% of the Gross Domestic Product of that Nation.  According to the Office For National Statistics our 2009 deficit at £159,200,000,000 was 11.4% of the Gross Domestic Product.  According to the Maastricht Treaty, the cumulative debit of any nation should not exceed 60% of the Gross Domestic Product of that Nation.  According to the Office For National Statistics our 2009 cumulative debt at £950,400,000,000 was 68.1% of the Gross Domestic Product.  It is clear from these figures that something is very, very wrong.

Why does this matter?

Much has been said over recent years by the Pro-EU lobby about the benefits of the United Kingdom being a subscribing member of the European Union.  Much has also been said by the Anti-EU lobby about the costs of being a subscribing member.  Gerard Batten MEP in his report titled “How Much Does the European Union Cost Britain? 2008” produced a table based on estimated figures for the UK’s Direct Contributions to the 2007-2013 EU Budget.  The figures for 2007 are actual figures, published by the Office of National Statistics, and all figures are stated as £Bn. 

 

Calendar Year

UK Gross Contributions

EU Spending in UK

UK Rebate

UK Net Contribution

2007

£13.1

£5.2

£3.5

£4.3

2008

£14.6

£5.2

£4.6 to £4.7

£4.6 to £4.7

2009

£13.7

£4.2

£4.8 to £4.9

£4.6 to £4.7

2010

£14.4

£4.6

£3.8 to £3.9

£6.0 to £6.1

2011

£14.1 to £14.5

£4.2

£3.5 to £4.1

£6.0 to £6.8

2012

£14.1 to £14.5

£4.2

£3.5 to £4.1

£6.0 to £6.8

2013

£14.1 to £14.5

£4.2

£3.5 to £4.1

£6.0 to £6.8

Totals (£Bn.)

£98.1 to £99.

£31.8

£27.2 to £29.3

£37.5 to £40.2

Of course, these figures do not include the billions of pounds that are wasted through unnecessary bureaucratic stupidity, over legislation, continual interference, probable corruption and negligent wastage.   Some sources estimate the total cost of remaining a subscribing member of the European Union as being more than four times the actual budget contribution, suggesting for 2008 alone £28bn for business to comply with EU regulations, £17bn of additional food costs resulting from the Common Agricultural Policy, £3.3 billion – the value of the catch lost when the Common Fisheries Policy let other countries fish in our territorial waters in addition to the £14.6bn paid into the EU budget and other EU funds.  This gives a probable total gross cost to the UK of EU membership in 2008 of £65,000,000,000.

 This also does not include the billions of pounds given to Africa for famine relief, earthquake, volcano and tsunami disaster relief, and the contributions given to countries like Iraq to rebuild after the American’s have left.

 The Government has been asking for suggestions on how to reduce expenditure, and to reduce the deficit and the cumulative debt.  The solution is staring them in the face.  Get out of the European Union, give the Country a chance to become productive again without the continual interference, and stop giving all the money away.  We can’t afford it, we don’t have it, so don’t do it.  It has long been said that Charity Begins at Home.  Well, Britain is a charity, it is also home, so let’s use what little money the country has left to help ourselves, and help us towards a better future.

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