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Re: Will Scotland Leave the UK?
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Given that per capita spending in Scotland is higher than in England by some margin. Given scotland has a population of 5m, which is only 7% of the total of the UK 67M, what would be the formula? 2,000,000,000,000 Is stonking number whatever way you look at it, Scotland will not be starting fresh and walking away with a clean slate. If the did it on per capita basis 7% of 2 trillion is still: 140,000,000,000 140 billion Uk GDP is still around 2.2 trillion ( it’ll take a hit this year) Scottish GDP is estimated to be at 180 billion Which on the face of it looks good - 40 billion in the black. Until you see that total public annual expenditure in Scotland is 75 billion and last year they had a tax receipt shortfall of 940M Nothing is impossible but it would mean a lot of Belt tightning or just keep running an annual 35-40 billion deficit To add to the 140billion and live happy. |
Re: Will Scotland Leave the UK?
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Your claim that Scotland couldn't independently choose to borrow is false. England has to also borrow large amounts on Scotland's behalf, at much lower bond yields(interest rates) than Scotland would ever get by itself. England would never be allowed to get a say on this or indeed anything else. We're not allowed democratic control.:mad: |
Re: Will Scotland Leave the UK?
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Could there be financial benefit in the SNP holding fire on independence for a bit for a better long-term financial settlement with ex-GB? They would have to be confident that the majority in favour of independence would be maintained but if jfman's stats by age hold true, this should not be an issue. ---------- Post added at 10:08 ---------- Previous post was at 09:59 ---------- Quote:
http://www.primeeconomics.org/articl...size-of-labour Quote:
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Re: Will Scotland Leave the UK?
Sturgeon is not ignorant of these issues and would prefer to hold a vote at the point of maximum advantage. Her problem is one of party management. The SNP is eating itself up at the moment, and while it has managed to more or less keep a lid on it so far it has the potential to blow up spectacularly next year, if Salmond decides to exact his revenge by launching a new “Indy now” party in time for the election. A lot of the party hardliners think the most important thing is to get a vote ASAP, win it by hook or by crook, and worry about the fallout later.
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Re: Will Scotland Leave the UK?
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I suppose that's one way of spinning it; but spin/nuance it is. For the Referendum, there was no constitutional basis for each province (for want of a better term) to have a veto - or even qualified majority(!). The Referendum was, as you know, UK wide and implemented on that basis. Of course, the government could have made some laws after the result so as to deal with regionality issues, but it didn't. The SNP are making hay with this for their own purposes. We can all see what hypocrites they are because they want freedom the UK but want also to surrender that freedom to the EU. The SNP is all about a power grab, waling the world's corridors of Chief Ministers. I would want to bring the SNP to heel. By all means devolve more powers to NI and Wales - but the Guvmin should withhold that from Scotland until the SNP behave more like it is part of the Union (which they won't). There should be no further referendum at least not before the next General Election. Whatever new powers we might offer them, they'll demand more. I'm reasonably sure that the Scottish people are as fickle as anyone, in this case I'd say Boris and his manner/speech whatever is what's putting them off. But the people haven't analysed the financial situation, don't know from where the £15 billion spending gap will be plugged. Otherwise, sod 'em. ---------- Post added at 20:26 ---------- Previous post was at 20:25 ---------- Quote:
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Re: Will Scotland Leave the UK?
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I disagreed and by way of example cited the 2016 referendum. |
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Re: Will Scotland Leave the UK?
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The SNP could sweep the board in a constituency vote and a hypothetical party eat up half of the list seats through not having their regional vote adjusted on the basis of constituency seats. Could conceivably be the best outcome though for our concerned English members who want to save on Barnett consequentials. |
Re: Will Scotland Leave the UK?
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Re: Will Scotland Leave the UK?
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There is a threshold below which it’s effectively impossible to gain any list seats because there aren’t enough of them to go round for the system to be absolutely proportional. That’s what eventually did for Tommy Sheridan and his merry band of tinpot revolutionaries in the Scottish Socialist Party. People were still voting for them, just not in enough numbers for them to get even one list seat in each region. |
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