What does Taking Back Control mean?
There are many reasons for the result of the 2016 Referendum on staying in the EU or leaving. One of the most common reasons given by “Leavers” was Taking Back Control
This statement means many different things to many people. For the majority of the older generation it means returning to the “good old days” where they made their own decisions, lived in an environment that had good social services, jobs, security and had money to spend.
The decline of UK manufacturing has been going on for many years before the UK joined European Union as it is now called. I know first hand how banks treated small business that manufactured and exported around the world. Money for property Yes, money for investment growth No.
As all types of manufacturing declined and the number of competitors increased, it became easier and more profitable to import than manufacture, and that meant less jobs.
Taking Back Control
Ordinary voters believed they could take back control, but in reality the control of their lives has passed from one of common standards and rules inside the EU, to one of control made by businesses and banks. The UK politicians will have no control over what happens next.
£85 million, million was the deficit in 2018 on trade. As a trading nation the UK needs a lot more exporters of all types. The EU is the worlds largest trading block and accounts for nearly 50% of UK exports.
Many companies and businesses are taking control of their future by relocating out of the UK into different European countries, which will only make Britain’s trade deficit worse. This also means fewer jobs, and less tax revenue.
Free Trade Deals
There has been lots of talk of the benefits to the UK of Free Trade Deals. But if you don’t have what other countries want to buy, the trade is only good for the other country. A Trade Deal with New Zealand will probably mean more lamb imported into the UK. Wiping out the Welsh sheep farmers that already export into the EU.
All very depressing. Let’s stay in the EU and continue to make Europe safer, richer and more accountable to it’s citizens. Don’t throw away 45 years of progress.