Wednesday, December 17, 2008

It's time to stop the EU subsidies.

Every year the UK pays billions of pounds to the EU in subsideis, most of which goes on subsidising European farmers. This adds £832 to the cost of our shopping every year because prices are kept artificially high.

These billions could be far better spent in our own country, helping our manufacturing industries, reducing our taxes, giving our pensioners more money, building hospitals, schools etc as well as reducing our cost of living because of lower food prices.

These subsidies also have a knock on affect across the third world, especially in Africa. To put it simply we pay European farmers to produce food we do not need and then send whats left over and sell it in Africa at a price cheaper than they can produce their own, putting their farmers out of work.

If Africa were to sell just 1% more of it's produce than it currently does then it would no longer need aid. Yet we stop this happening by continually producing far more than we need by paying our farmers these ridiculous subsidies. In the UK over 3.4 billion is payed to our farmers, including the ones that are really struggle to make ends meet, Prince Charles and people like him! And while we are handing out these huge sums of money to already rich people African farmers go bust because they can't sell their produce!

If we were to tell the EU no, we are not paying, we would be hugely better off. We could start to pay off our national debt, our food prices would fall dramatically , we wouldn't need to send millions of ponds of aid to Africa, there would be nowhere near the amount of illegal immigrants fleeing poverty in Africa and the only down side would be that a few European farmers would have to renew their Bentleys every two years instead of every year.

No comments: