Friday, November 08, 2013

Brussels' useful idiots

Do the BBC and the CBI seriously think free trade between Britain and the European Union would cease if this country withdrew from the super-state?
This week Britain’s bosses’ organisation has been issuing dire warnings about the (completely invented) number of jobs that would disappear if we voted to leave the EU.
Then the BBC treated us to the not-unreasonable comments of Nissan boss Carlos Ghosn saying the company would have to “reconsider” its investments in Britain if we left the EU.
All he said was: "If anything has to change, we [would] need to reconsider our strategy and our investments for the future."
Of course they would.
That does not mean they would close down, shut up shop and move to Hungary as the BBC implies.

What Mr Ghosn and any other sensible industrialist would need to know is that Britain’s trade links with Europe were unharmed.
They may discover they have been improved, which would, we must assume, lead to a reconsideration leading to extra investment not less.

What the propagandists for the EU are trying to do – and not without success – is terrify us into believing that withdrawal would lead to the shut-down of UK plc as a trading nation.
It’s complete nonsense.
This country runs an estimated £70 billion-a-year trade deficit with the EU (and a £13 billion surplus with the rest of the world). That means we import from other European countries a whole lot more than we sell to them.
There is absolutely no chance that they would seek to impose some sort of trade barriers on the UK when they would have more to lose than we would.
Withdrawal from the EU does not mean an end to free trade. Nobody in their right mind wants that. If some sort of trade war were to ensure, the EU would be the biggest loser. So it’s just not going to happen.
The CBI, the BBC and all the other outlets for Brussels propaganda really should acknowledge this as a fact rather than trying to frighten people into submission.

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