The money isn't peanuts, it can be used within the UK. At this point in time there are cuts to policing, teaching, the NHS and so forth. That's a hard pill to swallow for many Brits, whilst billions go to the EU. As for the money it can provide, the level of world trade for the EU has fallen. In the month of June, trade figures read Just 45.1pc of the goods that the UK exported, that month went to the EU, down from 52pc in the previous year. The world around us is becoming more important.
The Standard ran a piece on the hedge funds. I'll scan it and put it up here. I used to work in the city, and there is real anger at the curbs the EU is trying to impose on our financial market. That's also part of the reform agenda.
I think there is ALOT of things you don't understand about our intetests, the implications of leaving, the links we have with the E.U and the world at large. I once had a similar debate online with others, There are things many people dont understand, So i will take my time to explain things more in details, it migt be a long one. lol
Many of the arguments against the EU are based on misconceptions or are downright wrong. A good example is people who confuse ECHR (European Court of Human Rights) with EU -- eg comments on giving prisoners' votes.
Anyone who says that(and there are many of them.lol)shows that they do not actually understand the subject. To be fair though, the UKIP does say they want to leave ECHR and cancell Human Rights Acts, but most people are not so clear.
Secondly, If we are comparing two things, we need to say what it is we would do instead.
Most people(like you) saying "leave the EU" never spell out what they actually mean: they portray an unrealistic "everything is perfect" hypothetical.
Of course, a politician trying to sell an idea never gives all the details but it is notable just how few details for example UKIP say about the key element in their platform. What specifically are they proposing (isolation? EFTA? EEA?).
Many of the optimistic scenarios ("Have my cake and eat it" / "free trade with Europe but no restrictions: have all the benefits but we don't have to pay for any of them".lol) demand that the EU signs up to them enthusiastically: that is not guaranteed , the hell its not even credible.
I think this can be explained by a few factors like Others ignore reality (i.e to get access to single market Norway & Switzerland pay fees - indeed, Norway's are higher per person than UK's). This is no trivial matter either.
So i will summarise the main reasons for not leaving :
The primary one is economic in nature.you do know that the essential basis of the EU is free trade: there are other bits, but that is fundamental. If we leave we lose that already
The vast majority of UK trade is with the EU (approximately 50%; our next biggest single market is USA at 15%). So those are immediately at risk.
The whole point of a free trade area is to make trade easier within it: if you are outside then the obvious corollary is that trade is harder. (This, of course, is why countries want to join, reason other Asian countries/regions all over the wirld envy E.U unity model, and they can omly dream of having such a close union.).
It is much easier for people in a market of 400+million to find an alternative supplier than it will be for UK plc to find a new customer for half of our exports. Plus. Many international companies are in UK precisely because it provides access to EU markets: we leave, then those will move.
Take For example, Nissan in Sunderland: we leave EU then there is a 10% tariff on importing cars from outside EU which would make tha plant uneconomic. So they close it and move to Ireland, Poland or wherever.
Similarly, if we leave EU then Airbus will move out (tariff on an aeroplane wing would cost a LOT) my brother
@MarkusS can confirm this. Apparently 3.5 million jobs directly depend on trade with the EU.
Also, the next focus in EU trade is to liberalise services: areas Britain is good at (banking, insurance, advertising, law, accountancy, which are all areas i work in). We would be better positioned to be supporting that rather than running away from it.
Secondly, Some people say we should leave EU to sell more outside it. But that makes no sense. We absolutely do need to increase exports to other countries and it is true that (from a small base) they are increasing faster than trade to EU.
But that is not an alternative: it is hard to see why losing EU market will help with winning customers in Brazil,India or China.
Indeed, far from leaving, i Mike wil say the EU help us in selling to those countries it would be the reverse.
The EU has 46 free-trade deals with other countries (and is in negotiations with and 70). So Leaving the EU would remove us from those: not only hurting trade with the 26 other EU members, it would hurt trade with those countries where we no longer had a trade deal in place.
That means UK exporters would suddenly face new tariffs, new regulatory barriers and new restrictions to services, investment and procurement in 70+ crucial markets - tariffs and restrictions competitors from within the EU would not face. Far from "helping UK sell to non-EU" it would be a major barrier.
How long will it take to negotiate those 46 freetrade deals (ones we have today, would lose if we exit and would need to re-negotiate and restart?) Years during which time our exporters are at a disadvantage.
Thirdly,is that it would not solve the problem people think.
Even if we leave EU we would still need to follow their rules on goods (if we wanted to try to sell to them, or we want to sell to other countries who adopted them anyway).
For example, RoHS describes chemicals used in electronics & bans some. Even American firms and Chinese ones follow this - because they want to sell products in France & Germany.
Sop we leave - but we still follow the same obligations.
It has not solved any problem people imagine that it will solve (curviness of cucumbers for example).
That is aside from comment 2: people think it will solve other problems which are nothing to do with EU anyway.
Switzerland, Norway etc have to follow the EU rules even though not members (indeed, amusingly, Dan Hannon suggests we should be like Switzerland - they follow more rules than UK does eg they are in shenghen).
Fourthly, the corollary to the above is that right now we have a lot of influence in EU. You wouldn't know if from UK press but apparently our diplomats are very persuasive, and a lot of the rules are written in ways that benefit us.
Leave and although we still have to obey the rules we no longer write them: we lose not just veto but voting.
Additionally, i know this is controversial to many of us British, but the free movemement of people is a big aspect of EU. That Britons can freely study in Holland or can buy a home in Spain is a benefit of the EU.
Conversely, the fact that all those Lithuanian/Polish plumbers(and beautiful girs.lol) can work in UK is another facet. I would describe that as a win (better work for lower prices creates more natioanl wealth) but it is controversial and it is less popular with people who dislike the immigration as well(i think it should be controled/selective though).
But if UK were to leave then those current immigrants would have no right to stay in UK; and the British working in other countries (eg Brits retired to Spain like my grand dad) may no longer have the right to stay there.
See If any member state were to leave the EU, would its citizens resident in other EU states also have to leave?
Finally, there is confusion & risk. Businesses hate confusion(if you have worked in one like me you will know that bro.)
If you were Brazilian, Indian, Japanese or Chinese & looking to open a factory in Europe would you want to open it where you knew what the laws were, a guaranteed access to markets with no tariffs or take a punt it might be OK?
If i remember correctly(maybe my country men
@Blue Marlin ,
@Steve781 can confirm this) a related example was one of the factors that scuppered the BAE merger with EADS: the German government did not want their stake to be risked in what might be a non-EU country back then.
So im sure, just now seems a really bad time to be sending a "we are a bad place for investment" message, to be scaring businesses.
At the emd of the day, our leaders. corporations, businesses and people(those who are informed) all know this, we wont be leaving the E.U , however we will use this threat to get more reforms from the E.U that serves our intetests even more.
To be honest, you should take your own advice.