17
Oct
2023
Watch
International Day for the Eradication of Poverty (debate)
Mr President, in 1990 36% of the world's population was still living in extreme poverty. Less than 30 years later, this number had fallen to 9%. How did we manage that? Economic growth. Economic growth is the driving force in the fight against poverty. How do we ensure economic growth? Low burden for citizens and businesses. Cut red tape and avoid reckless spending. Deregulate and strengthen the free market and ensure price stability. You don't have to be a rocket scientist. If we see where poverty has fallen, it is precisely in the Asian and African countries that got these things in order and integrated them into the global free market economy. The questions we need to ask ourselves are: Why is the EU moving away from this? Why are we listening to the call of socialist sirens whose results we know lead measurably to more poverty? In order to combat poverty, we should not focus on redistribution, outgrowth or climate funds. The proven best way to fight poverty, but also to improve climate, biodiversity and air quality, is to increase prosperity. Where there is free trade, there is freedom and opportunity for all. It is our best export product and the best chance of a better life for everyone.