David Cameron’s attempt to renegotiate Britain’s EU membership has served as a powerful reminder of the case for leaving. The EU is designed in such a way that almost no sensible proposal can be passed. If one member state has a good idea, the other 27 members demand a price for approving it, or they demand concessions until it is completely watered down. If the leader of a country protests, the response is clear: What are you going to do? Walk away? You wouldn’t dare.
The EU’s power-mongering has a cost. The euro has hideously distorted the economies of the member states that adopted it, and the abolition of so many border controls has worsened the immigration crisis — which, in much of Europe, has fostered a political crisis. A new banking crisis may be under way, and all the edicts from Brussels about financial regulation will do little to prevent it.
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