WATCHING the European Union in crisis is like a multi-vehicle car crash in slow motion. You know what’s going to happen, but you can’t stop it. I despair.
For some considerable time now, I’ve supported governments being able to print up to 10 per cent of their GDP, depending on economic circumstances, and using this debt and interest free money to pump prime the economy.
We desperately need social housing and £20bn would give us an income bearing asset. It would provide construction jobs, and benefit plumbers, electricians, white goods retailers, removals – in essence, jobs!
The Establishment frowns on this, believing it will cause inflation. Governments cause inflation, whether by raising VAT, allowing the currency to devalue over 20 per cent, thus raising costs of imports, such as our domestic fuel by over 30 per cent, or by pumping £275bn into our banking sector which will soon run out of money.
Oh yes, and to save the euro it is now suggested printing money could be a solution!
If they want to keep their pride, it should not be for the misery they cause with outdated economic policies.
When will voters wake up and stop voting for these politicians?
From: MK O’Sullivan, Victoria Street, Allerton Bywater, Castleford.
WATCHING events in Cannes and the reaction of Angela Merkel and Nicolas Sarkozy to the idea of a Greek referendum, one might wonder if they imagine that they alone “own” the eurozone.
From: Nick Martinek, Briarlyn Road, Huddersfield.
I WAS rather startled to read (Yorkshire Post, November 2) that Edward McMillan-Scott, MEP, considers himself to be “pro-European”. Pro-EU, yes; but his support for the EU oligarchy as it displaces the European nation states is essentially anti-European.
The only supposed benefit of the EU Mr McMillan-Scott can think of is the Single Market, and its concomitant investments and jobs. He implies, but fails to justify, that leaving the EU would mean the outright loss of the “one in every 10 British jobs” involved in trade with the EU. This is stock in trade europhile scaremongering – the aim being not to justify the EU by facts but solely to create emotions of fear in people.
The reality is the EU sells more to us than we sell to them, so it is in the EU’s own interests to carry on trading with us when we are free, just as Switzerland and the USA do today.
From: D Wood, Thorntree Lane, Goole.
HAVING read Edward McMillan-Scott’s fairytale, one has to wonder if he actually believes this total twaddle. His claim the EU, with 500 million consumers, is the world’s biggest single market is only true if you don’t count China and India, both of whom have over one billion consumers.
His claim that our “role in international affairs is hugely enhanced by our membership” is again total fantasy, when the EU claims to speak for us at most international meetings, like the World Trade Organisation. He also mentions the two biggest misconceptions of all, democracy and human rights.
These are part of the EU’s external relations policy, in other words democracy is okay for countries outside the EU but is certainly not allowed inside.