Why Economists cannot be trusted in relation to the EU referendum by Anthony J Sargeant


Below is the view of yet another economist – like the ones that told us that the UK should join the Eurozone, that failed to predict the world banking crisis, that thought we should remain in the Exchange Rate Mechanism etc etc. And what of George Osbourne’s economists in the Treasury who have singularly failed to reduce the year on year deficit as Osbourne promised or the national debt over the past many years in government?. But we all know economists, especially ones like this chap who is so deeply embedded in the EU project, have a terrible track record nevertheless :

An economist’s litany of support for the EU project which reduces Greece, Portugal and other countries to economic destitution and servitude while putting up barriers to the rest of the world. But the arguments should not be economic at all but philosophical, cultural, historical and social and the failure to make that important distinction has clouded whatever sensible commentary there has been. Vested interests are always at work in any exercise of crystal ball gazing, remain or leave, and this is surely no exception. One has to ask a simple question, which is : If the consequences of leaving the EU are so much more dire than staying in then why did the Prime Minister of the UK, David Cameron, decide to have a referendum on the UK status at all? Also consider for one moment that the next President of the Council of the EU will be the leader of a country, Slovakia, who has rejected the idea of any quota system to share the Syrian refugee burden (to quote his recent pronouncement “not a single Muslim”) – which has resulted from a devastating humanitarian disaster that the EU has sought to address by incarcerating refugees in concentration camps on Lesbos, while doing a deal with Turkey to return migrants to camps in that country in return for millions of Pounds and the promise of Visa free travel for Turkish citizens throughout the EU. But to return to ‘The EU Project’ : The imposition of a European superstate has been repeatedly attempted throughout History since the Decline and Fall of the Roman Empire and every time it has ended in tears: that does not mean that the next attempt will not succeed – but the balance of probabilities and history suggest otherwise (but then “the only thing that we ever learn from History is that we never learn anything from history” – a sentiment attributed to many but perhaps ironically a German, Hegel, should get the credit). The language, culture and way of thinking about the world are vastly different between the nations which are currently members of the EU and simultaneous translation often means that many EU discussions in Brussels and elsewhere involve double translation that is a Greek speaker’s words are translated for example into German and the German is then translated into Hungarian, or Latvian, or Portuguese or…..  – but it is not the words, not the language, but the underlying feeling, attitudes and mind-set that are hopelessly lost in this process rendering the imposition of a ‘one size fits all’ superstate so dysfunctional. Whether the UK remains or leaves it seems almost inevitable that the EU political project will collapse sooner or later – unless of course Orwell’s dystopian vision of the future does finally come true and we become Air Strip One of Oceania, presided over by a privileged elite – but perhaps it is too late. Are we already there with the Bullingdon Club and their chums?



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