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thomas davison

SIMON HEFFER: A brain drain that will cripple Europe

By Simon Heffer

PUBLISHED: 22:05, 5 July 2013 | UPDATED: 08:40, 6 July 2013
Posturing Dave exposed on aid

The real reason emerged this week why we spend �9 billion a year on overseas aid.

Internal documents revealed how plans were cooked up by ministers and advisers in Whitehall and at the Tory Party Conference two years ago to use overseas aid to promote the Prime Minister as a leader on the global stage.

I have always suspected that this is the true reason for this appalling waste of our money.

It�s good now to have proof.
Having been told it was our moral duty for our taxes to be given to people in poorer countries, we now know that this supposedly noble deed was nothing of the sort

Having been told it was our moral duty for our taxes to be given to people in poorer countries, we now know that this supposedly noble deed was nothing of the sort

In any case, the truth is that foreign aid ruins the economies of many countries that receive it; undermines the value of their own currencies; encourages a welfarist mentality that stops poor nations from developing agriculture and industry for themselves, and is often siphoned off by corrupt despots to line their own pockets.

Having been told it was our moral duty for our taxes to be given to people in poorer countries, we now know that this supposedly noble deed was nothing of the sort. It was simply about boosting David Cameron�s image by posturing as a world statesman.

The Tory Party must put a stop to this madness.

One of the main aims of creating the EU was to secure prosperity. Instead, it is impoverishing a whole continent and exterminating talent

One of the main aims of creating the EU was to secure prosperity. Instead, it is impoverishing a whole continent and exterminating talent

We keep being told the eurozone crisis is over, but it manifestly isn�t. The refusal to admit that the euro can�t survive in its present form is poisoning the whole European economy.

The Portuguese government is tottering. Greece faces its emergency funding from the European Central Bank being stopped.

The French government is at war with the European Commission over the imposition of tough austerity policies.

Spain and Italy desperately need a devaluation if their goods can become competitive in world markets again � something only leaving the euro can achieve.

In the meantime, the eurozone�s rigid economic policies are having a devastating effect on the young � with youth unemployment heading for 30 per cent across the single currency area, and in Greece it is just under 60 per cent.

German ministers are so jittery about this latest crisis that they have invited young people from across the continent to work in Germany � even though their own economy is in recession.

Although many of these desperate young Europeans are looking for possible employment in Britain (which, thankfully, is freed from the shackles of the euro), many more are considering moving to the U.S. and Latin America.

In that sense, the calamitous policies of the eurozone have created similar dire economic conditions to those experienced in the late 19th century, when waves of Europeans left dead-end lives in the old world to build better ones in the new.

Back then, though, it was peasants who were leaving hierarchical societies where they had no opportunity to prosper. Now, it is middle-class young graduates who find that Europe�s economy cannot offer them any hope.

More...

How 1.5MILLION Romanians have left their homeland in a decade as immigrants head west in droves

One of the main aims of creating the EU was to secure prosperity. Instead, it is impoverishing a whole continent and exterminating talent.

When will they stop the pretence and ditch the toxic single currency?

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