Tuesday 21 June 2016

BREXIT - THE REAL PROBLEM IS ?


BREXIT – THE REAL PROBLEM IS ?


We were promised a Referendum that would be non political, where the people of the UK were given the facts about our current membership of the EU and what we could expect if we were to continue, and what would be the reasons for us to leave the EU and the advantages of  becoming an independent country making our own way in the world. People could then make a rational decision on what they thought would be best for the country as a whole and their own family, friends, colleagues and communities in particular. What we have ended up with is politicians fighting amongst themselves, giving us their versions of what is important and using tactics like scaremongering  to try to achieve their goals. While this is going on they appear to be missing what the real problem is and what we can do to solve it.

In reality “ THE REAL PROBLEM IS ” that the UK is effectively “ BANKRUPT ”. After 40years as a member of the EU the UK’s NATIONAL DEBT is £1.7tn., that is £1,700,000,000,000, over £27,000 for every man, woman and child or over £47,000 for every tax-payer, and it is currently increasing at the rate of £5,170 per second. We currently pay £48 billion pounds each year, 8% of what we collect in taxes, to Bankers and investors to service this debt and it is set to increase to £60 billion by the year 2020.

Current figures from the ONS for April 2016 issued on 09/06/2016 show that the UK imported £19.1 billion from the EU, equivalent to £294 per head and exported £12 billion to the EU, equivalent to £24 per head, making us a net importer of £7.1, money that has to be borrowed and adds to our National Debt. Our total trade exports were £25 billion showing that less than half of our exports actually go to the EU.

We need positive action to stop reckless borrowing that achieves nothing and makes things worse, hidden behind a screen of smoke and mirrors. 

James Hancock.

A Good Common Man.


( Because of what happens when “good men do nothing“ Edmund Burke)

(E) jh.r@btinternet.com 

( Ref: DE62456)

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