A Tangled Web

BEWARE EUROPEAN PROMISES.



Wess Mitchell at the National Center for Policy Analysis has an excellent article on "The promises and perils of European Union Membership" He carefully outlines the extravagant promises made and their subsequent betrayal by the corrupt "Old Europe"an Union.



The three key u-turns executed by "Old Europe" on the 10 new members were;



Labor immobility : Fearing a rush on their lavish entitlement programs, most Western governments placed last-minute restrictions on the entry of Eastern workers.



Limited farm funds : Pressured by French farmers, the EU cut subsidies to the newcomers by 75 percent. At the current rate, Polish farms must wait a decade to receive the same support French farmers get today.



Limited regional aid : Although the Commission promised to cover most of the $120 billion spent on accession, it has doled out a paltry $1.8 billion, and plans to give Eastern countries far less aid than Greece and Spain received after the last expansion.



Worse still, and sdespite the claim that in the EU Commission’s words, these nations were joining the world’s “most dynamic trade bloc”, consider this;

• Since the early 1990s, European unemployment has averaged 11 percent, compared to 4 percent in the United States.
• According to the Organization for Economic Cooperation and Development, EU countries have not created a single, net private sector job since 1970, compared to 50 million jobs added in the United States.

The future promised to the new EU members was an illusion. They are now trapped in a decaying economically challenged socialist sewer. If the UK had any sense it would get out now.