Go on tell us how you really feel don't hold back now.
And remember it wasnt the EU that made us give up comonwealth prefered trade it was the WTO allowing america to sue us over Chica freaking bananas!
and £4trillion? are you a mail reader? or something by murdoch perhaps? we're not even at £1trillion yet we wont hit 4 till sometime in the 2050's at the earliest.
While I do occasionally read the Daily Phail for a laugh, it's not my news service, or even services, of choice. And I haven't touched a Murdoch paper since the early 1990s.
I'm not talking about JUST the base debt. I'm talking of the total we'll end up paying before we START paying off the base debt. Also including Pensions, and PFI schemes they have to fund from out of tax money. :facepalm:
It's a subject many papers and news programs shy away from...the TOTAL debt we owe. Probably to minimise public panic or something.
You know, if Labour had won outright the 2010 election, we'd be back before the IMF asking for more money, right about now. Just like last time they were in office, in the 1970s.
And I don't know where you got 2050 from, because the government itself (last November) says the total debt will probably hit £10trillion by 2015....Thank you very much, Labour. :\
And don't forget, the total debt is different to the National Deficit - which is only the amount we're (the government) is spending over the taxes it raised that fiscal year). A MUCH lower figure. Cut public spending, get back to a Surplus budget, (to rebuild the treasury for leaner years), pay off the interest payments and then pay off the base debt. Keep LIEbour out of government until such time as they can PROVE they have a competent mathematician/accountant in charge of the budget, and probably not even then.....
As for the Commonwealth, we gave that up ourselves. One of the worst mistakes we made since WW2. Well, "gave up" is perhaps a little harsh. "Let slide into disrepair" is probably closer. It just happened to coincide, mostly, with the then-current governments decisions to "integrate" into the EU closer and closer and closer. And that was DECADES before the 1997 WTO ruling of a "level playing field for all banana suppliers".
Did you know, UK TWICE rejected France's application to join the Commonwealth, over, and during the Suez Crisis, in 1956? ;)
That's what probably gave them reason to join with Germany, Italy and Benelux to create the EEC (forerunner to today's EU)...and they vetoed the UK's membership application in the early 60s...(on the grounds it would open Europe to undue American influence)...De Gaulle ¬¬
spite, eh? :rolleyes:
Edit : Closing parenthesis, last paragraph.