Friday, 22 July 2016

A vote of thanks.


Doom and gloom were the almost unanimous outpouring of the Observer this week.
The Observer is the Guardians Sunday paper and one would have thought that a referendum vote of 52%,  asking to leave would have provoked  a story that needed investigating.
But no, the status quo, market led story of crisis and financial mayhem was virtually the only story on offer. It was depressing that the columnists not only saw our future entirely in terms of the EU market but were convinced that whole swathes of industry and foreign investment would 'up sticks' and move onto the mainland as soon as possible.
The lack of inward investment,( part of the money we get back after paying our Community subs ) into this country from the EU would leave beneficiaries such as University's and the poor areas in the UK which benefit as recipients of a special fund to help poorly performing areas within Europe, that these payments will cease and the poor who live within these areas will be devastated.
This begs the question that being a net contributor I.e.  we put in more money than we get out, then the investment is still within our gift and can be carried on without it going to the EU first. Of course this raises the even bigger question, would our government be so socially minded, or do we have such a poor record of caring for our own, without the EU social commitment, that the the money will be spent on "glory projects" such as the 'high speed link to the North' and 'Trident'.
The world is neither black or white but a dirty shade of grey and those looking for black and white answers will be disappointed but it is within our gift to organise our affairs to suite the needs of the country. As we emerged from a crippling war in which we were in debt to the USA up, well above our heads and for which, unlike Germany we had to pay back in full  we slowly developed the markets to sell into in a world which hadn't discovered consumerism and the personal debt associated with the credit card. Now the world is awash with credit (and debt) with highly populated nations also having learned to live beyond their means, also needing to please its own population with consumerism.
The world has changed from the austerity of the 1940s to one in which there are more Rolls Royce sold to people outside the G8 group and where wealth has changed the geo political balance from what it used to be when we sought entry into the Common Market which was in those days other, than the US, the most lucrative market in the world.
With unemployment and the disequilibrium caused by the Euro effecting virtually all the 27 countries which now make up the Union it is very questionable whether the EU can continue for much longer without the full federalisation, a union where individual nations will loose all but in name their identity and the individual control of their sovereign parliaments. This synthesising of nations is being carried on by an 'elite' without much consideration of the will of their people and there is a growing call for proper discussion amongst the electorate as to the future direction of travel. Whether the EU breaks up or becomes more German centric with the northern countries forming their own economic block is to be seen.
Perhaps Nigel Farage  was perceptive and we all owe him a vote of thanks. 

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