Current Affairs EU In or Out

In or Out

  • In

    Votes: 688 67.9%
  • Out

    Votes: 325 32.1%

  • Total voters
    1,013
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What Joe excludes from his story is that the basic rate of income tax has also fallen considerably around the same time as VAT has risen. Granted, your tax expectations won't have fallen, but equally, they probably won't have risen much either.
The main thing Joe excludes is that the British economy was on its arse, the trade with the commonwealth was on the wane and we were looking at our European peers growing while we declined. We wanted and needed to do more trade with our nearest neighbours and so joined.

Joseph spent his virtually his entire working life enjoying the economic benefits of that decision.
 
It's also worth looking at the consumer prices index over time.

https://www.minneapolisfed.org/comm...consumer-price-index-and-inflation-rates-1913

You'll see that yes, inflation was high in 1974, but unless I'm mistaken, the referendum to join the EEC was in 1975. Joe obviously omits to mention that for the past 30 years it has been not only very low, but also very consistent.

So that history isn't rewritten, it's perhaps also worth noting the #projectfear of Benn, Powell et al from the time.

the Common Market "sets out by stages to merge Britain with France, Germany, Italy and other countries into a single nation," in which Britain would be a "mere province".

40 years on and that vision is no nearer to reality.

That's not to say that the CAP isn't still something in need of reform, but it's clearly come on a long way from those early days of butter mountains. It's also worth pointing out that the National Farmers Union supported the remain side.

Not quite Bruce, we joined in 1973, the 1975 referendum was a vote to remain, not to join, as we were already in.......
 
What Joe excludes from his story is that the basic rate of income tax has also fallen considerably around the same time as VAT has risen. Granted, your tax expectations won't have fallen, but equally, they probably won't have risen much either.
Rubbish Bruce I paid Graduation pension by a Wilson Government never ever get a return on that The economy was downhill joining the common market in 1974!
 
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