The European Union’s embrace of Globalism and Neo-Liberal Economics of open markets and maximised competition will defeat any strategy for growth, Andrew Brons MEP has said.
Speaking during a debate in the European Parliament this week on the Multiannual Financial Framework (a major overhaul of the EU Budget negotiated at seven year intervals), Mr Brons said that “Paying for Growth is not like paying for a product.
“You might pay your money without receiving what you have paid for.
“In the 2008-14 Multiannual Financial Framework (MFF) period, 44.4 percent of the EU Budget was spent on Sustainable Growth.
“This will go up to 48 percent in the 2014-2020 MFF.
“Is it really being spent effectively? Does the EU really know how to spend member states’ money better than they do?
“The EU’s embrace of Globalism and Neo-Liberal Economics of open markets and maximised competition will defeat any strategy for growth.
“As Sir James Goldsmith said a decade ago: the only way the West would compete with the Emergent Economies in a Free Market would be by our wage levels equalling theirs.
“It is all very well to think that our Research and Development will make our industries more competitive, but innovation spreads by industrial piracy countries of the Far East and industrial treachery by Western based Multi-Nationals.
“The Commission’s Europe 2020 document waxed lyrically about Europe’s talented work forces but that presupposed that the present populations of Europe would survive and would not be replaced by immigration.”