The EU, Homes for All and a Mission to Mars

 

Manned mission to Mars : Ascent stage (NASA Hu...
Manned mission to Mars : Ascent stage (NASA Human Exploration of Mars Design Reference Architecture 5.0) Feb 2009 (Photo credit: Wikipedia)

 

It is well known that Britain pays a net contribution to the EU budget. In other words, we pay more into the EU than the EU gives us back in money it spends in Britain. In 2010, that figure was £6.9 billion, and it is steadily rising.

Clearly there are lots of other costs attached to EU membership – the regulatory costs imposed on business, for example, or the economic loss caused by EU restrictions on our trade with the rest of the world. Gerard Batten MEP and economist Tim Congdon have done some sums and put the total cost at £77 billion for the year 2010 alone. This figure is steadily rising too.

Those figures are so big, let’s try and put them into perspective.

Imagine we magically were not in the EU any more. Those costs of EU membership would be gone.

That net contribution to the EU budget, £6.9 billion, is enough to build 138,000 homes at £50,000 each. According to Shelter, that would be enough to house all the homeless people in the country – in just the first year. Now that’s sorted, what shall we do with our saving in year 2?

The figure for the total cost to the British economy of our membership, at £77 billion, is roughly what it would cost to mount a manned mission to Mars. In just the first year. Which planet shall we go to in year 2?

So how about we leave the EU, solve our housing crisis and pay for a British manned mission to Mars … and then discuss how to spend our saving in years 2, 3, 4 and 5?

Kind of makes you think, doesn’t it?

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2 thoughts on “The EU, Homes for All and a Mission to Mars

  1. Sometimes the most obvious is overlooked and this current wave of movement away from austerity should have been foreseen because it was obviously going to happen. The populace was never going to accept indefinitely continuous reductions in living standards and loss of privileges. It was not by me and certainly not by the likes of Merkel who if it had been would have realised that the stability pact was never going to work. I have been predicting the demise of the euro and the EU but felt that it would take some time to happen. However with the recent turn of events I now believe that the end is more likely to be sooner rather than later and that 77 billion repatriation you desire is going to happen. The downside is the structurally faulty EU and euro-zone collapse is going to complete the work that the banking crisis started and there is going to be complete meltdown of the Europe’s financial system. That meltdown will have far more damaging effects than any austerity programme would have had but then austerity whilst wedded to the euro and without abolishing the Brussels commissars was never going to fix the problem either.

    • To be fair, it’s not a £77 billion repatriation. It’s a £7 billion repatriation of money we are currently giving to the EU. The other £70 billion is simply destroyed by our membership of the EU, and not given to anyone.

      Unfortunately I don’t share your view that the end will be soon. I suspect the Eurocrats will duck and dive for quite a while yet. I also don’t buy into the theory that the end of the Euro is bound to lead to financial Armageddon in Europe. I think a great deal of that is PR by the EU commissars, to discourage people from thinking about that outcome as a sensible option.

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