Monday, June 16, 2008

Irish voters reject EU power grab

The Treaty of Lisbon, in effect a new constitution for the European Union intended to add to the power of EU bureaucrats at the expense of democratically elected national governments, was rejected by Irish voters yesterday. Predictably, the New York Times is disappointed. [snip]

"I think the Irish prime minister, Brian Cowen, will have to explain himself at the summit." [?]

The arguments used to advocate the treaty to Irish voters betray a mentality common to welfare states: we subsidized you, so now give us political power... [snip]

In fact, as many observers have noted, the key to Ireland's stunning economic growth the last two decades was not EU subsidies (handed out to countries that are poorer than the EU average - welfare, in other words), but rather radical tax cuts and deregulation, which ignited the "Celtic tiger" phenomenon, propelling the Irish to genuine prosperity. Benjamin Powell of the Goldwater Institute explains: [see piece for list of impressive stats > ][snip]

Apparently the Irish voters, having learned from their experience with a low taxes and reasonable regulation, are not anxious to return to a system premised on the notion that bureaucrats must regulate everything in detail, and taxes must be high.

Needless to say, the EU will press on with its power grab, regardless of voters' wishes...

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