+ Reply to Thread
Page 33 of 48 FirstFirst ... 23 31 32 33 34 35 43 ... LastLast
Posts 321 to 330 of 479
  1. #321

    Godlike

    LondonManc - scorchio!


    Join Date
    Sep 2014
    Location
    Non-Event Horizon
    Posts
    8,663
    Thanks (Given)
    329
    Thanks (Received)
    582
    Likes (Given)
    2200
    Likes (Received)
    2613

    Default

    Quote Originally Posted by BlasterBates View Post
    That's what they said about Ireland, but they weren't.

    They were growing at around 9% in the last year or so.

    Scotland will be immensely successful with the right policies. Sturgeon has made an excellent point that the Scottish government is not in control of economic policy, the UK is.
    The bits that Holyrood are in control of are a complete shambles. They've managed to increase the deficit pro-rata to what it would have been under Whitehall's control.

    You can also guarantee that an SNP-based Scottish government will be public sector heavy, which isn't a great idea for the economy. That's without all the jobs that would need to head south to remain within the parent country.
    The greatest trick the devil ever pulled was convincing the world that he didn't exist

  2. #322

    My post count is Majestic

    d000hg - scorchio!

    d000hg's Avatar
    Join Date
    Dec 2007
    Location
    My house
    Posts
    31,285
    Thanks (Given)
    100
    Thanks (Received)
    363
    Likes (Given)
    156
    Likes (Received)
    1278

    Default

    Quote Originally Posted by shaunbhoy View Post
    Ruth Davidson: 'Scots do not want a referendum' - BBC News


    Indeed. When will the Scottish Natzis start governing for ALL the people of Scotland instead of the hysterical minority? Fooking embarrassment!

    While I quite like her, that's just her pushing her own view as Nicola does hers. SNP have every right to request a referendum regardless of popular support, that's the whole point of an elected government. Then when the referendum shows Scotland want to stay, they'll have to shut up or may well get voted out once everyone is fed up with the whole thing.
    Quote Originally Posted by MaryPoppins View Post
    I'd still not breastfeed a nazi
    Quote Originally Posted by vetran View Post
    Urine is quite nourishing

  3. #323

    Double Godlike!

    BlasterBates is NOT a disguised employee

    BlasterBates's Avatar
    Join Date
    Jul 2005
    Location
    Trump University
    Posts
    10,395
    Thanks (Given)
    40
    Thanks (Received)
    167
    Likes (Given)
    290
    Likes (Received)
    633

    Default

    Quote Originally Posted by LondonManc View Post
    The bits that Holyrood are in control of are a complete shambles. They've managed to increase the deficit pro-rata to what it would have been under Whitehall's control.

    You can also guarantee that an SNP-based Scottish government will be public sector heavy, which isn't a great idea for the economy. That's without all the jobs that would need to head south to remain within the parent country.
    Scotland is one of the wealthier regions of the UK. Average earnings in Scotland are higher than most parts of England and Wales. London is the anomaly that skews the earnings statistics. The idea that Scotland is a basket case is an exaggeration.

    I don't think an independent Scotland will have a problem.
    Author of the best seller "How to get Poor quickly"

  4. #324

    Super poster

    jamesbrown - scorchio!

    jamesbrown's Avatar
    Join Date
    Dec 2011
    Posts
    4,930
    Thanks (Given)
    59
    Thanks (Received)
    325
    Likes (Given)
    517
    Likes (Received)
    1499

    Default

    Quote Originally Posted by BlasterBates View Post
    Scotland will be immensely successful with the right policies.
    I'd have a lot of sympathy for Scotland (not so much the SNP) if they chose independence. However, the economic arguments are weak. There's no skirting the enormous deficit and transfer of wealth from England (London) to Scotland. This supports a much higher standard of public services in Scotland than would otherwise be possible. The block grant is far more generous than the tax revenues Scotland could generate for itself. Sure, the Scottish government could adopt different policies, but structural changes of that magnitude would take years, perhaps decades. No, the arguments for independence may be reasoned, but Scotland will need full sight of the economic pain coming their way. For Scotland, the economic risks are on a completely different scale than the UK leaving the EU. They would be absolutely hammered in the financial markets and they have no hope of meeting the criteria for joining the Euro. They would need a leap of faith on a political settlement with the EU, should membership become their objective, because the EU would not (and cannot) agree a compromise upfront. Alternatively, reliance upon Sterling (and hence the BoE) would embed massive structural imbalances at precisely the time when Scotland would need flexibility. It would be damaging for the rUK, no doubt, but devastating for Scotland.

  5. #325

    I live on CUK

    SueEllen is a fount of knowledge

    SueEllen's Avatar
    Join Date
    Nov 2005
    Location
    in the Park
    Posts
    24,309
    Thanks (Given)
    802
    Thanks (Received)
    801
    Likes (Given)
    3900
    Likes (Received)
    3321

    Default

    Quote Originally Posted by LondonManc View Post
    So what currency will they use? I can't see her being allowed near Sterling.
    Scottish pounds.

    They just need to create a Centre Bank.
    "You’re just a bad memory who doesn’t know when to go away" JR

  6. #326

    Godlike

    LondonManc - scorchio!


    Join Date
    Sep 2014
    Location
    Non-Event Horizon
    Posts
    8,663
    Thanks (Given)
    329
    Thanks (Received)
    582
    Likes (Given)
    2200
    Likes (Received)
    2613

    Default

    Quote Originally Posted by BlasterBates View Post
    Scotland is one of the wealthier regions of the UK. Average earnings in Scotland are higher than most parts of England and Wales. London is the anomaly that skews the earnings statistics. The idea that Scotland is a basket case is an exaggeration.

    I don't think an independent Scotland will have a problem.
    That's in part due to the high percentage of public sector jobs up there, especially at tax centres like Cumbernauld (which would have to move south of the border in the event of a Scexit).
    The greatest trick the devil ever pulled was convincing the world that he didn't exist

  7. #327

    Godlike

    MrMarkyMark - scorchio!


    Join Date
    Dec 2012
    Posts
    9,906
    Thanks (Given)
    680
    Thanks (Received)
    659
    Likes (Given)
    4576
    Likes (Received)
    2655

    Default

    Quote Originally Posted by jamesbrown View Post
    I'd have a lot of sympathy for Scotland (not so much the SNP) if they chose independence. However, the economic arguments are weak. There's no skirting the enormous deficit and transfer of wealth from England (London) to Scotland. This supports a much higher standard of public services in Scotland than would otherwise be possible. The block grant is far more generous than the tax revenues Scotland could generate for itself. Sure, the Scottish government could adopt different policies, but structural changes of that magnitude would take years, perhaps decades. No, the arguments for independence may be reasoned, but Scotland will need full sight of the economic pain coming their way. For Scotland, the economic risks are on a completely different scale than the UK leaving the EU. They would be absolutely hammered in the financial markets and they have no hope of meeting the criteria for joining the Euro. They would need a leap of faith on a political settlement with the EU, should membership become their objective, because the EU would not (and cannot) agree a compromise upfront. Alternatively, reliance upon Sterling (and hence the BoE) would embed massive structural imbalances at precisely the time when Scotland would need flexibility. It would be damaging for the rUK, no doubt, but devastating for Scotland.

    Pretty much sums up my POV, also.

    I have tried, in vain, to explain just this to the likes of scooter before

  8. #328

    Godlike

    LondonManc - scorchio!


    Join Date
    Sep 2014
    Location
    Non-Event Horizon
    Posts
    8,663
    Thanks (Given)
    329
    Thanks (Received)
    582
    Likes (Given)
    2200
    Likes (Received)
    2613

    Default

    Quote Originally Posted by MrMarkyMark View Post
    Pretty much sums up my POV, also.

    I have tried, in vain, to explain just this to the likes of scooter before
    Blaster's usually quite sharp, but he's struggling with the idea of Scotland not succeeding too.
    The greatest trick the devil ever pulled was convincing the world that he didn't exist

  9. #329

    My post count is Majestic

    d000hg - scorchio!

    d000hg's Avatar
    Join Date
    Dec 2007
    Location
    My house
    Posts
    31,285
    Thanks (Given)
    100
    Thanks (Received)
    363
    Likes (Given)
    156
    Likes (Received)
    1278

    Default

    Quote Originally Posted by jamesbrown View Post
    However, the economic arguments are weak. There's no skirting the enormous deficit and transfer of wealth from England (London) to Scotland. This supports a much higher standard of public services in Scotland than would otherwise be possible. The block grant is far more generous than the tax revenues Scotland could generate for itself.
    Doesn't everywhere other than London operate at a net 'loss' and get subsidy from central government?
    Quote Originally Posted by MaryPoppins View Post
    I'd still not breastfeed a nazi
    Quote Originally Posted by vetran View Post
    Urine is quite nourishing

  10. #330

    More fingers than teeth

    scooterscot is NOT a disguised employee

    scooterscot's Avatar
    Join Date
    Nov 2005
    Location
    Anywhere that is not broken Brexit Britain
    Posts
    14,948

    Default

    Quote Originally Posted by jamesbrown View Post
    I'd have a lot of sympathy for Scotland (not so much the SNP) if they chose independence. However, the economic arguments are weak.
    No more weaker than they are for the rUK which borrows billions every year from international lenders. The UK cannot afford to be an independent country.
    Ldoenn : 'we're hloding a referneudm to laeve the Eureopean union
    EU: 'OK'
    Scotland: 'we're holding a refeerndum to leave the UK union'
    Ldonon: ' Oh no you're not'.

+ Reply to Thread
Page 33 of 48 FirstFirst ... 23 31 32 33 34 35 43 ... LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts

Content Relevant URLs by vBSEO 3.6.0 ©2011, Crawlability, Inc.