Published: Friday, 5th December, 2008 10:40am

EU membership doesn't add up

Comments (0) | Print | Email

I DO not understand how we are going to emerge from this recession by giving the banks money and persuading people to borrow from them and spend recklessly, as before.

Thanks to the EU trade and competition rules, and the denigration of our own products, almost everything available to buy is made or provided by foreign companies (mostly EU ones) abroad or in the UK – not only cars, but things like water, gas and electricity, batteries, razors and evaporated milk.

It would seem that, although the shops and importers might benefit, most of the money spent will go abroad as purchase price or profits; and our trade deficit with the EU (latest figure, £38 billion per year) will continue to rocket, and we will continue to throw more than £100 billion per year down the drain in payments to the EU and compliance with EU diktats.

Yet the effects of our EU membership are never mentioned and do not seem to figure in the government"s assessments. Why is this?

John G Greer-Spencer,

20 Touch Wards, Dunfermline