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Old 17-08-2020, 20:10   #3140
Hugh
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Re: Will Scotland Leave the UK?

Quote:
Originally Posted by OLD BOY View Post
I will bite only on this little corner of the absurd views you are spinning on this thread, jfman.

The SNP is not acting in the interests of the Scottish people. Whatever anyone's views on Scottish independence, one thing is undeniable (although I expect that you will have a damned good try, against all logic).

England has the biggest population of the union. It makes the most money by far, and it subsidises Scotland very generously by various means, including the Barnett formula. You only have to look at the absence of that formula to realise how negatively independence would impact on the Scottish people. Add to that the various benefits Scotland derives from being part of the UK and pile on the costs of self government, and factor in the rapidly reducing benefits of North Sea oil, not forgetting the disincentives to entrepreneurism under the misguided leftist policies of the SNP, and you have a recipe for disaster. The fact tbat only one page of the SNP's 400-odd page document making the case for independence covered the financial implications of separation shows very clearly that they do not actually have a clue on how to manage an economy.

Separation from the UK will be nothing short of a disaster for Scotland, and for the sake of its people I hope that the economic and currency consequences of leaving can be properly explained to them by someone they will listen to.

Nobody wants to vote to be poorer
, as they say in remainer circles. As an economist, you should understand this.
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