Parts from an article that smashed all central “arguments” of the Remain side and added what Remain campaigners fail to mention:
The PM also said we’d be at greater risk of terrorism and WW3 would be more likely. Well, Britain only joined the European Economic Community (EEC) in 1973 and I don’t recall us being invaded before then.
Britain was doing fine — in fact much better than now — before we joined the EEC/EU. In 1970, for instance, we had a record balance of payments surplus of US$802 million (£550m).
Since 1983, our trade balance has been in deficit. In 2011, we saw a record trade deficit of US$13,4 billion (£9.2bn)
The US$13 billion a year we’d save by not being in the EU could be put directly into public services, including the NHS, which at the moment is facing a financial crisis.
Again, our public services were fine — if not better — before we joined the EEC/EU. Our welfare state was actually more extensive than it is today. We even had local councils running self-service restaurants and parks with park wardens.
“Between 1947 and 1973 the unemployment rate in Britain averaged a mere 2.1 per cent.” On this key indicator, UK labor market performance was dramatically better than ever before or since, note academics Timothy J.Hutton (University of Essex) and George R. Boyer (Cornell). By contrast the average unemployment rate from 1974-99 was 10.1%.
Today, it’s 5.1% — still more than double the average rate than in the period 1947-73.
EU countries would still want to trade with us if we left the EU, after all we import around 9% more from EU member states than we export. But the EU clearly needs Britain more than Britain needs the EU.
So is being in the EU good for employment? All the evidence suggests the opposite is true. Europe isn’t working, literally.
In conclusion, none of the “We’d be doomed!” arguments add up to any kind of serious scrutiny. Clearly, the British Establishment are trying to scare us into voting to stay in the EU.
See full article at: We’d Be Doomed! Project Fear Campaign to Keep UK in EU Goes Into Overdrive