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As the UK is a net contributor to the EU, there’s no incentive for European Parliament negotiators to want an early deal
However, yesterday Prime Minister Theresa May ‘called time’ on never-ending Brexit negotiations by informing the EU that October 29, 2018 is the last day to avert a WTO-style Brexit, commonly called a ‘No Deal’ Brexit
To understand why there is any debate at all about the UK leaving the European Union, one must understand that the United Kingdom contributes more to the EU than it receives. Over £8 billion (net) per year flows from the United Kingdom to the European Union and people are wondering why the EU Parliament is opposed to Brexit?
That’s a lot of money even by European standards, a continent of 504 million people.
£8 billion is the difference between a rich EU and a cash-starved EU that can’t afford all of its legitimate programmes and its excesses. To wit; The alcohol budget for the EU Parliament is in the tens of millions (euros) per year.
Yes, every government has a wine and spirits budget, but the EU Parliament alcohol budget is bigger than the next ten countries alcohol budgets combined. And it’s not just the alcohol budget that we’re talking about here.
The only country that contributes more to the EU budget is Germany — which pays even more than the UK! — and not a word of thanks to either Britain or Germany for subsidizing almost every policy and almost every country in the 28 member bloc.
Ready for some numbers?
Britain’s population is 65 million, so the net contribution of £8 billion works out to £123. per Briton, per year.
If you want to figure it by workers, who after all are the ones paying this bill, there are about 33 million workers in the UK, and 30 million of them are Britons.
So, let’s do the math; £8 billion, divided by 30 million, equals £266 per worker, per year. Over ten years, that’s £2660 per British-born worker.
What could that amount of money done for each British worker over the past decade? We’ll never know.
So far, so good?
Let’s look at the UK contribution over the past decade, which means we are simply multiplying those numbers by ten.
The net contribution of the United Kingdom over ten years is £80 billion.
Let’s see what the UK could’ve done with that money:
- 26 Queen Elizabeth class aircraft carriers, completely fitted-out. (or)
- 100 more Wembley Stadiums. (or)
- 146 state-of-the-art UK hospitals such as the Queen Elizabeth Hospital in Birmingham. (or)
- 183 copies of The Shard, an iconic building in London. (or)
- 2285 brand-new Academy schools, or 5333 brand-new state-run Secondary schools. (or)
- Every UK high school graduate could receive a tuition-free PhD education and a new small car.
That’s just the past ten years…
What could be better than any one of those things? Is there anything better? Let us know in the comments section below!
Really, for all the (net) billions that go to the European Union courtesy of the British taxpayer what do Britons get in return?
Not one thing. Because it’s the net amount, not the gross amount. Which by definition means that Britons are getting nothing for that particular £8 billion (annual) or £80 billion (decade) net payment to the union. It’s the net amount. Get it?
Obviously, there’s nothing in Brexit for the EU
How could there be? It’s all in their favour.
Every year that the EU can stretch Brexit out is another £8 billion (net) for the European Union to fund its good and necessary budgets and their unconscionable, wasteful spending programmes. (Bad for Britain, but good for the EU!)
Only the most foolish and irresponsible British government would allow the EU to stretch this out for as long as possible (and who could blame the EU for doing so?) and that’s why Prime Minister Theresa May must be shown respect here.
In Theresa May’s UK, Britain is No Longer the EU’s Cash Cow
Love her or hate her, everyone knew that Margaret Thatcher truly loved Britain — and we’re starting to see a renewed and more confident Theresa May rising to meet the challenges of her time, as did Maggie in her era.
Theresa May has wisely informed the EU that there is a ‘Best Before’ date for Brexit negotiations and that October 29, 2018 is the absolute last date that the proposed 2-year implementation deal can be offered to the European Union.
In the absence of such a signed agreement Brexit negotiators will have no other option but to prepare for a full-blown WTO-based Brexit. (Which won’t be half as traumatic as it sounds as most of the world operates on WTO rules and have done so since 1995)
Therefore, smart EU negotiators will string it along for as long as they can as it’s (obviously) the logical way for their side to proceed. But now that the Prime Minister has provided a timeline to work toward, expect the 2-year implementation deal to be signed one day before the deadline, because that gets the European Union the most British taxpayer cash without actually missing the October 29, 2018 deadline.
Calling ‘time’ on the EU’s negotiating tactics (delay, obstruct, delay some more) is the single best, and strongest thing Theresa May has done since becoming Britain’s Prime Minister — and when combined with her Florence speech where she reached-out to EU leaders and to the European people as never before by a British PM — Mrs. May will earn and thereby guarantee her place in British history as the UK’s Brexit Prime Minister.
Well done on all counts, Theresa!