Incredibly, the UK hacked off its nose to spite its face. How to reattach the ol’ schnoz? I’ll play mediator for those 4 million folks who want a do-over … and the EU bigwigs who want to save other EU members from nasty nose jobs.
Tragically, the Brits were told a Channel-stretching Pinocchio lie on how much the UK sends the EU. We’ve all seen the Big Red Bus number of 350 million pounds per week. Let’s back that bus up a moment. Each of the 28 EU member nations are required to send 1% of their annual GDP to the EU. The UK sent just under 1% — 17.8 billion — which is where the 350 million-a-week figure came from.
Woah, don’t put away your calculators. The British Treasury would have us now subtract the 4.9 billion pounds the UK received as an annual EU budget rebate … and a further 5.4 billion the EU gave back to the UK in public and private funding for everything from poor farmers to scientific research … and you have the true figure of 7.1 billion pounds the UK sent the EU this past year. Weekly, that’s 136 million pounds, 60% less than the 350 million pounds figure that had predominantly old, rural-based UK citizens checking the ‘Leave’ box in droves.
I blame the media for not getting the word out on this before the referendum as much as I do UK citizens who’ve had 40 years to see and be the EU in action.
Sherlock Holmes would scratch his head at the notion the UK will now get better trade deals with EU members they just thumbed their nose … er, zombie face at. The UK’s GDP, ranked 5th in the world, could fall to 15th. Rules are rules. There are no do-overs. Boris “Go Start the Bus” Johnson wouldn’t be the first politician to tell a whopper of a campaign promise. The Leave group’s promise of the weekly 350 million being transferred to the National Health Services is already off the table. I haven’t even finished the soup.
The solution? Money still speaks volumes. The UK should pay a stiff fine … The Double Whammy … to the EU for it’s colossal brain cramp. Half a billion pounds to every member of the EU. With 27 members … that’s 13.5 billion pounds total from the UK on top of what they would normally pay over the next 2 years (14.2 billion) as a functioning EU member. They’re paying twice … to get back in.
The UK could counter offer with a quarter billion pounds to each EU member, an increase in their immigration quotas, that they will gladly — no, gleefully — use the euro, etc. Let the negotiations for Bre-Entry begin.