We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
Debate House Prices
In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non MoneySaving matters are no longer permitted. This includes wider debates about general house prices, the economy and politics. As a result, we have taken the decision to keep this board permanently closed, but it remains viewable for users who may find some useful information in it. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Scotland and Greece
Comments
-
Making others pay for your lifestyle is an easy political win....if you can make it stick
Well, to a certain extent I wouldn't blame the Scots for this. The oil industry and whisky aside they are fantastically uncompetitive, and they 'should' really have a lower currency and be poorer in purchasing power but more employable.
So to compensate for the monetary union you need to have some kind of fiscal transfer mechanism, and so living off the state is a rather economically natural position for them to be in.0 -
....The rest of the UK could continue trade quite easily with our Northern cousins.
Given that Scotland runs a (notional) trade deficit with the remaining UK, I would have thought that the UK would be quite happy to continue flooging stuff to Scotland...Unfortunately I don't think the ruling party in Scotland has any intention of directing their economy towards such a position. I don't trust them....
Once upon a time the SNP was very keen on the Arc of Prosperity idea and copying what Iceland and Ireland were doing. They appear to have changed their minds about that sort of thing for some reason.0 -
Scottish deficit nearly double that of the rUK and rising. UK deficit falling.
Good thing the rUK continues to subsidise Scotland.
“The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.
Belief in myths allows the comfort of opinion without the discomfort of thought.”
-- President John F. Kennedy”0 -
As the SNP MSPs have stated that they do not believe in austerity
Are you miss-informed Generali?
I understand that the SNP MSP's have declared that they wish to reduce the deficit, just at a slower rate.
Profoundly different to your insinuation.:wall:
What we've got here is....... failure to communicate.
Some men you just can't reach.
:wall:0 -
IveSeenTheLight wrote: »Are you miss-informed Generali?
I understand that the SNP MSP's have declared that they wish to reduce the deficit, just at a slower rate.
Profoundly different to your insinuation.
have they specified which benefits they will cut and/or which taxes they will increase
or is it going to happen naturally through increased growth in some unspecified way?0 -
HAMISH_MCTAVISH wrote: »Scottish deficit nearly double that of the rUK and rising. UK deficit falling.
Good thing the rUK continues to subsidise Scotland.
Statistics Hamish, as you well know.
I do wonder why you do not consider why Scotland is not capable of being a greater contributor to the UK.
Why is London and the South East as regions so centric to the UK's strengths and why this cannot be dispersed throughout the country?
Maybe the answer to the youth of the UK, is that everyone needs to relocate to London and the South East, if that is where the focus is?:wall:
What we've got here is....... failure to communicate.
Some men you just can't reach.
:wall:0 -
have they specified which benefits they will cut and/or which taxes they will increase
or is it going to happen naturally through increased growth in some unspecified way?
Clapton, as with any political party outwith the UK government, they are reluctant to state specfics as they do not have access to the full data and powers.
I'd personally like to see us diversify further and become less dependent on one or two industries.:wall:
What we've got here is....... failure to communicate.
Some men you just can't reach.
:wall:0 -
IveSeenTheLight wrote: »Are you miss-informed Generali?
I understand that the SNP MSP's have declared that they wish to reduce the deficit, just at a slower rate.
Profoundly different to your insinuation.
The SNP have stated that they wished to increase spending faster than inflation and then made claims, discredited by the IFS, that they could reduce tax avoidance to make up the revenue gap.
They claimed that in April. Perhaps they have belatedly become converts to the idea that spending in the UK needs to fall. I doubt it but am happy to be corrected as always.0 -
.... Perhaps they have belatedly become converts to the idea that spending in the UK needs to fall. I doubt it but am happy to be corrected as always.
The SNP would likely be quite happy to see spending in the UK fall, so long as spending in Scotland went up. Sadly, due to Barnett, they find themselves rather locked into demanding that we all spend more.:)0 -
“The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.
Belief in myths allows the comfort of opinion without the discomfort of thought.”
-- President John F. Kennedy”0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.3K Banking & Borrowing
- 253.2K Reduce Debt & Boost Income
- 453.8K Spending & Discounts
- 244.3K Work, Benefits & Business
- 599.5K Mortgages, Homes & Bills
- 177.1K Life & Family
- 257.8K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards