Imagine an independence supporter complaining the deficit is unsustainable. Any sensible projection puts the Scottish deficit far higher than the UK. Best of luck setting up a central bank and currency from scratch. The speculators would run riot. I also note the conventional Tory argument for tax cuts. So much for voting for independence to have a more centre left country. It would be the same as Ireland, small c conservatism all the way.
It's not Left to debase a currency to the extent that public services are unfordable. The UK's unsustainable deficit is an attack on every working person's wage packet. The appalling devolution settlement has saddled Scotland with administration of a crumbling UK state without the power to change it. It all needs rebooted with growth and productivity in the driving seat.
Well that sounds simple enough! As every country in Europe is showing, achieving growth and productivity is a piece of cake! The devolution settlement has provided substantially more money per head in Scotland than in nearly every part of the UK. It’s enabled the Scottish Government to buy votes with their middle class freebies to the better off at the expense of the poor. The bigger the house, the bigger the council tax saving. Prescriptions were free to the poorest, but now there is less money for the NHS as people like me, who can afford them, get them free. Etc, etc, etc. You think Scotland wouldn’t have a deficit? With our public spending and tax base we clearly would and it’s nonsense to pretend otherwise. You live in a fantasy world. I wish we could experience it for a few years. People would run a mile from it.
A look in the Unionist mirror clearly has you rattled. How much of the devolution settlement has your community seen? It's been hoarded at the centre and has feathered the same nests as before: devolution has proven a disaster for all but bar the bureaucracy.
Every nation runs a deficit over certain periods of time. What matters is whether growth is good enough to pay for it. Thanks to the Union, Scotland is relatively undeveloped enabling higher growth potential. E.g. Adding another lane around the M25 would have little impact. Upgrading Scotlands roads would have a massive impact...just one example.
It's not correct to say every country in Europe is struggling with growth. Look at Poland and Ireland, they are just more competently managed than the UK.
It’s good to know you agree the SNP Government has done nothing useful with the money they have hoarded, apart from feathering the nests of the middle class bubble surrounding them. The only development we have seen in this area in recent years has come from the arch unionist, King Charles, creating over 200 jobs at Dumfries House. What an Indictment of the Nats. Not sure why they would change under Indy. Rattled? Another Nat who can’t resist a pop at the messenger rather than the message. I’m the coolest guy in the stadium, as I know you’ll never gain independence as far ahead as we can see. Eleven years and no further forward on a credible economic plan. The next time you try to paint a picture of your solution for Scotland you should buy another brush at the DIY shop, as your current one is too broad. Best wishes.
And of course, Scotland has never had any part in the UK debt build up. Not the financial crisis, partly caused by Scottish banks, not covid and not greetin’ every year for even more money than we already get. I live on Ayrshire and the SNP have created zilch with the powers they already have. Hopeless.
~90-97% of money creation is by function of commercial bank lending & credit loans.
If you are worried about inflation blaming Govt Spending is barking up the wrong tree. Govt Spending via a Sovereign Currency is essential for a fully functioning society, there is no such thing as Central Bank Independence neither should there be.
Controlling the money lenders and Banking shysters is paramount.
I'm worried about the Sterling currency run that will happen when QE is restarted. Our piggy banks will be crushed to support an incompetent establishment.
Imagine an independence supporter complaining the deficit is unsustainable. Any sensible projection puts the Scottish deficit far higher than the UK. Best of luck setting up a central bank and currency from scratch. The speculators would run riot. I also note the conventional Tory argument for tax cuts. So much for voting for independence to have a more centre left country. It would be the same as Ireland, small c conservatism all the way.
It's not Left to debase a currency to the extent that public services are unfordable. The UK's unsustainable deficit is an attack on every working person's wage packet. The appalling devolution settlement has saddled Scotland with administration of a crumbling UK state without the power to change it. It all needs rebooted with growth and productivity in the driving seat.
Well that sounds simple enough! As every country in Europe is showing, achieving growth and productivity is a piece of cake! The devolution settlement has provided substantially more money per head in Scotland than in nearly every part of the UK. It’s enabled the Scottish Government to buy votes with their middle class freebies to the better off at the expense of the poor. The bigger the house, the bigger the council tax saving. Prescriptions were free to the poorest, but now there is less money for the NHS as people like me, who can afford them, get them free. Etc, etc, etc. You think Scotland wouldn’t have a deficit? With our public spending and tax base we clearly would and it’s nonsense to pretend otherwise. You live in a fantasy world. I wish we could experience it for a few years. People would run a mile from it.
A look in the Unionist mirror clearly has you rattled. How much of the devolution settlement has your community seen? It's been hoarded at the centre and has feathered the same nests as before: devolution has proven a disaster for all but bar the bureaucracy.
Every nation runs a deficit over certain periods of time. What matters is whether growth is good enough to pay for it. Thanks to the Union, Scotland is relatively undeveloped enabling higher growth potential. E.g. Adding another lane around the M25 would have little impact. Upgrading Scotlands roads would have a massive impact...just one example.
It's not correct to say every country in Europe is struggling with growth. Look at Poland and Ireland, they are just more competently managed than the UK.
It’s good to know you agree the SNP Government has done nothing useful with the money they have hoarded, apart from feathering the nests of the middle class bubble surrounding them. The only development we have seen in this area in recent years has come from the arch unionist, King Charles, creating over 200 jobs at Dumfries House. What an Indictment of the Nats. Not sure why they would change under Indy. Rattled? Another Nat who can’t resist a pop at the messenger rather than the message. I’m the coolest guy in the stadium, as I know you’ll never gain independence as far ahead as we can see. Eleven years and no further forward on a credible economic plan. The next time you try to paint a picture of your solution for Scotland you should buy another brush at the DIY shop, as your current one is too broad. Best wishes.
And of course, Scotland has never had any part in the UK debt build up. Not the financial crisis, partly caused by Scottish banks, not covid and not greetin’ every year for even more money than we already get. I live on Ayrshire and the SNP have created zilch with the powers they already have. Hopeless.
~90-97% of money creation is by function of commercial bank lending & credit loans.
If you are worried about inflation blaming Govt Spending is barking up the wrong tree. Govt Spending via a Sovereign Currency is essential for a fully functioning society, there is no such thing as Central Bank Independence neither should there be.
Controlling the money lenders and Banking shysters is paramount.
https://chatgpt.com/share/68f0c9b5-24c8-800c-a722-30be16c80544
I'm worried about the Sterling currency run that will happen when QE is restarted. Our piggy banks will be crushed to support an incompetent establishment.