The high cost of EU subsidies

Washington Post:
After voting for Brexit, this county’s residents suddenly realize Europe might stop sending money

The county gets more than $82 million annually in European subsidies that help finance infrastructure projects and education schemes.
That money is a pittance compared to what the country sends to the EU every year.  The UK pays the EU about 12.9 billion pounds a year which works out to 35 million pounds a day.  The country would more than recoups the "subsidies" in less than three days. 

Comments

Popular posts from this blog

Another one of those Trump stories Ted Cruz warned about

Ted Cruz was right about Washington