January 23, 2013
Europe: something has to give
I am not saying anything (yet) about whether a possible referendum on membership of the EU is a good idea. But I was struck by David Cameron’s analysis of the need for change. Or, more accurately, I should say: I was struck by his cleverly diplomatic quoting of Angela Merkel:
“As Chancellor Merkel has said, if Europe today accounts for just over 7% of the world’s population, produces around 25% of global GDP and has to finance 50% of global social spending, then it’s obvious that it will have to work very hard to maintain its prosperity and way of life.”
You do the math, as they say across the pond.
Indeed. I just did. Something has to give. Our children will not grow up in the Europe we know and half-love.