It would be easy to take that sentiment and apply it as an observation of the Euro and the EU in general. But that isn’t what is meant. The reference concerns the news that for the first time ever there are more than 25 million people across the 27 member states who are unemployed.
As government has grown, both at EU and national level, and hyperactively sought to increasingly regulate and legislate in ever more spheres of business life it should come as no surprise that the jobless total has risen. The notion that government has the duty to direct everything for the ‘good of society’ comes at a price and part of the cost is the shocking unemployment and lack of competitiveness.
Rising taxation and ever growing government budgetary needs should be a warning claxon, not as some would have it, a cause for relief that something is being done. We need smaller government that takes less from us and borrows less and focuses on essential public services.
No doubt some tribal Tories would see that assertion and rush to claim David Cameron is championing that very approach with his theatric threat to veto the EU budget. Deeds, not words, matter and when it comes to reality the fact is the UK with its claims of deficit busting austerity is actually taxing, borrowing and spending more than Labour did.
All the political elites talk about ‘sustainability’. But just what is sustainable about the current disturbing approach to managing the economy? The European approach to governance has failed. The absence of real democracy, where the people would decide if their servants can spend and borrow money for their pet projects, is the root cause of this collapse. Until people take back the power grabbed by the political elite and their corporate sponsors this state of affairs will continue.