Associate
- Joined
- 14 Dec 2011
- Posts
- 374
Since it was asked, why did Remainers vote remain. Here is my answer: Economics (I read the stuff a few weeks ago, so some of my figures might be off a little).
I some research into what it actually costs us, to be a member of the EU.
Membership fee: 17.9 billion with a 6 billion rebate => 12.9 Billion per year.
We get about 6 billion back in grants and projects money, a lot going to Wales and Cornwall. Wales was getting increased money until 2020, they also had tax incentives for companies to move there.
So that leaves about 6.9 Billion, which our foreign aid budget also comes out of. So basically EU membership costs about 6 billion, which quite frankly is a drop in the ocean to the benefits we get out of the EU.
Science and Tech industries will surely suffer a brain drain. EU funds so much research here, those scientists are generally worried. Even if we kept free movement of people why would research labs be set up here when there is little chance of funding?
London is the financial capital of europe. This is now very much under threat, Canary Wharf will slowly become a ghost town, as banks relocate to other cities around europe. How do we get them to stay? we'd have to offer tax breaks like Ireland currently do, as well as possibly easing regulations on them.
Trade. I am no expert but it could take decades to set up good trade deals, assuming we are still in a strong position to get what we want, but that's going to depend on when/if the markets here stop falling. Our GDP will fall, this is almost certain.
Why surrender our influence in Europe if ultimately we are going to still have the free movement of people and remain in the single market??
I am very worried about the outlook, my pension, my mortgage and my job.
I some research into what it actually costs us, to be a member of the EU.
Membership fee: 17.9 billion with a 6 billion rebate => 12.9 Billion per year.
We get about 6 billion back in grants and projects money, a lot going to Wales and Cornwall. Wales was getting increased money until 2020, they also had tax incentives for companies to move there.
So that leaves about 6.9 Billion, which our foreign aid budget also comes out of. So basically EU membership costs about 6 billion, which quite frankly is a drop in the ocean to the benefits we get out of the EU.
Science and Tech industries will surely suffer a brain drain. EU funds so much research here, those scientists are generally worried. Even if we kept free movement of people why would research labs be set up here when there is little chance of funding?
London is the financial capital of europe. This is now very much under threat, Canary Wharf will slowly become a ghost town, as banks relocate to other cities around europe. How do we get them to stay? we'd have to offer tax breaks like Ireland currently do, as well as possibly easing regulations on them.
Trade. I am no expert but it could take decades to set up good trade deals, assuming we are still in a strong position to get what we want, but that's going to depend on when/if the markets here stop falling. Our GDP will fall, this is almost certain.
Why surrender our influence in Europe if ultimately we are going to still have the free movement of people and remain in the single market??
I am very worried about the outlook, my pension, my mortgage and my job.