Quote:
Originally Posted by GEaston
Well that's a bit off topic, but easy to answer.
The EU is the largest trading black in the world. The better question would be why would we not want to be part of that? Being in the EU in no way prevents us from trading with Asia or America. Overseas inward investment to the UK comes in BECAUSE we are in the EU, which is seen as stabilising. For example The Nissan plant in Sunderland is the largest car plant in Europe is there because we are in the EU so trade for them with other EA nations is tax/tariff free (for the Japanese owners). Nissan would not be manufacturing in the UK if we were out, such manufacturing would go to Dublin or elsewhere.
There are a multitude of science and joint defence contracts that we benefit from such as the Eurofighter made by BAE systems, the Arena space programme and Airbus planes (where the wings are made in the uk) to name just a few.
The immediate impact of a UK pullout from the EU would be a very significant spike in unemployment. That is high enough as is, we can ill afford more. What would be the economic gain of leaving? Please don't say we can use pounds, ounces and stones again in the butchers....
Finally the Bank of England governor Mervyn King is dead against leaving and he is the most qualified economist in the UK. He isn't politically influenced.
|
That's all well and good if it was just a trading place but it isn't, well not any more. Back in the 70s when the Common Market came into being it was about trading across borders, now its much, much more than that. Many a time our own government is overruled by the EU, and some of the stupidity which comes from Brussels is breathe taking and steeped in hypocrisy, but as things stand its not a two way street, its either in or out and my vote would be out.