Cameron’s letter to Santa.

gdp

David Cameron is about to send his Christmas EU wish-list letter to Brussels.

As he licks the stamp, he should perhaps reflect on the fact that this is the third renegotiation since Britain joined in 1973 and our second referendum on membership.

It’s not even as if the United Kingdom is negotiating from a position of strength. The rather flaky economic recovery which Osborne thinks he’s sold not only to a gullible British public but also to the EU, is looking shakier by the day.

The much-promulgated “We’ve managed to get the deficit down to 5% of GDP!” may sound good in isolation but the much-maligned Eurozone has a Deficit-to-GDP ratio of only 2.1% ! (The UK figure is actually well over 5.0%). The only three coutries with a higher Deficit-GDP ratio are Croatia, Spain and Cyprus.

If you listen very carefully to Cameron’s referendum rhetoric, you may notice that he has moved from being pro-EU to very neutral. You will also notice that he’s chosen four very flabby areas on which to “negotiate”:

  • Integration: Allowing the UK to opt-out of any EU Superstate nonsense
  • Benefits: Restricting access to in-work and out-of-work benefits to EU migrants.
  • Sovereignty: Giving greater powers to national parliaments to block EU legislation.
  • Eurozone vs the rest: Securing an explicit recognition that the euro is not the only currency of the European Union.

He has totally ignored our two biggest gripes: The £6-20 BILLION (depending on who you talk to ) net annual contribution to the EU and that obscenely inflated money-pit that is the Brussels bureaucracy. THAT is where the changes ought to be!

However, we can take comfort from the certain knowledge that WHATEVER our Prime Minister “negotiates” will be proven statistically to be a great (statistical) victory for the UK taxpayer.