Meltdown - Schmeltdown.

Report shows jobs meltdown claims are untrue. A report from the influential Institute of Economic Affairs “gives the lie to ridiculous claims that leaving the EU would cause a jobs meltdown,” said UKIP MEP Jonathan Arnott.

“The other three main parties peddle these ridiculous claims but as the author of this report notes, there may well be net job creation in the wake of a British exit.

“What is quite clear is that the ability to trade does not rely on membership of a political union, but the ability to be an independent democracy relies on not being absorbed into a political union.”

“David Cameron, Nick Clegg and Ed Miliband should all level with the British public. The reason they want to stay in the EU is not because of any likely adverse effect on jobs or the wider economy, it is because the British establishment is doing very nicely out of the EU when it comes to jobs for the boys,” said Mr Arnott, Euro-MP for the North East.

“It would be a rash punter who gambled against at least one of these gentleman ending up as an extremely well paid EU commissioner in the very near future.”

“But over the long-run, EU membership has been prohibitively expensive and disastrous for many of our industries – from fishing to coal mining. Britain would be better off out.”