Saturday, 11 June 2016

William Hague makes the economic case for Remain - I think my Hexham constituents are better off Remaining in the EU

"Playing with the jobs of millions of people is not a game. If we leave the European single market to which we export tens of thousands of cars, huge quantities of chemicals and pharmaceuticals, the wings of Airbus planes and a myriad of financial services, without the foggiest idea what comes in its place, the problems caused will become worse every day and they won’t wear off with a stiff drink.
When they have discussed it in the past, some Leave campaigners have suggested that we could somehow stay in the single market but not have freedom of movement of people. This is beyond ridiculous: the rest of the EU is never going to give us a better arrangement than they have themselves. Others have said we could be like Norway and be in the European Economic Area, but Norwegians have to pay into the EU and accept higher immigration than we do while having no say over any of the rules.
Yet others have said we would be like Albania, but that country has an agreement based on ultimately joining the EU and the euro. Or like Canada, it has been said, before realising that the deal between the EU and Canada has already taken seven years to negotiate, still isn’t ratified and wouldn’t cover most of our economy. Well, then, we would just rely on the World Trade Organisation rules, like America and China, was, I think, the last option put forward by Leave campaigners.
Anyone with a job really needs to know what that means. It means a tariff of 10 per cent can be added to every car we make, or 20 per cent on our huge exports of whisky, or 36 per cent on a dairy product. British businesses would face all those extra costs, and yet if they still wanted to export to the rest of Europe they would have to comply with all the EU rules on their products, getting the worst of all worlds – the regulation on top of extra taxes, as well as customs to clear. "
The full article is here

1 comment:

  1. Hello Guy, we met at the Town Council event this morning, and as suggested i read the above after our brief chat on referendum matters. All i would comment as someone 'on the fence' is along the lines of what i mentioned to you, namely that although this is a national/UK issue, local people will only perhaps be moved as it relates to 'local' issues. Hence you mention elsewhere that the likes of Nissan and Egger agreeing on the economic argument, yet no where on the flyers being distributed by the remain/in campaign (ie. the one you gave me) is there a quote/testamonial from them making that point, the flyers also have info about the economic investments (grants through the likes of Arch etc) made that would be in question should we vote out, but there are no 'real' examples of them on the literature... My thoughts are that this kind of 'local' connection is what people might take notice of, not George Osbourne trotting out his $4,300 figure, or Boris and his $350,000,000 one...!