- Jan 18, 2009
- 4,885
Your question is put simply, so I will TRY to answer it simply.
Uk pays roughly £12bn per year to the EU and recieves money from the EU as around 110bn is spent inside the EU, with the UK making a net loss on the 12bn. I have no idea how much of that 12 is loss. I would estimate that the uk recieves around 2-4bn.
The current figures on direct trade with EU countries is 78bn per year to our GDP. So being an EU member produces around 70bn per year. If we left the EU, you can only estimate how much of that 70bn you would lose.
You also have to factor in the huge expense of leaving the EU, the rough economic conditions of an exit and the fall out after. It would be like flicking a switch to start an over night crash.
Farage is willing to risk those things because he worries about Bulgarians? I don't believe even he is that stupid. I have to question his motives and where ukip are concerned those motives seem to come from a nasty place.
Out of interest what price do you put on the loss of sovereignty and democracy?
This current spat on border control (regardless of whether you are for or against) between the democratically elected UK Govt and unelected and unaccountable technocrats is representative of this loss.
This loss has not been put to the people..........and you can add up all the profit that the a EU generates for capitalists and Tories, it isn't worth a penny against the loss of our ability to govern ourselves.