Sunday, November 28, 2010

Irish stew (2)

"'I told you so' is not much of an economic policy."

Osborne

17 November: George Osborne leaves an Ecofin meeting in Brussels

With those words the chancellor sought to silence Eurosceptic rumblings on his own backbenches about the Irish bail-out. They're unlikely to be enough.

Eurosceptics believe that every European crisis is regarded as an opportunity by federalists to seek more money and more power. They believe that Britain should recognise this and treat every crisis as an opportunity to get power back.

Governments - this one as much as its predecessor - like to "deal with the world as we find it" - another quote from the chancellor this morning. Today's priority is to help stabilise the eurozone and to help our neighbours in order to avoid a crisis in our principal export market: a threat to our own banks and to the Northern Irish economy in particular.

David Cameron once told his party to stop "obsessing about Europe". The reason the obsessing may start again is because Eurosceptics want to change the world as they find it, not simply to accept it.

Source: http://www.bbc.co.uk/blogs/nickrobinson/2010/11/irish_stew_2.html

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