The Myth of the European “Union”

The Myth of the European “Union”

One reason America has become the economic superpower is that the 50 states comprise one giant free trade zone. The Europeans wanted to emulate that model with the creation of the EU, but it hasn’t worked. Here is a stunning fact from the Wall Street Journal’s Joe Sternberg: The International Monetary Fund calculates that Europe’s complex economic regulations impose the same costs as would a 44% tariff on goods traded between EU countries. For s…