Quote:
Originally Posted by jfman
All countries fund everything through tax receipts and borrowing - that stands to reason.
It's also true to say that GERS doesn't reflect what that amount would be. So the two statements I made aren't as contradictory as they appear.
---------- Post added at 20:37 ---------- Previous post was at 20:35 ----------
It certainly needs better work on the matter than GERS.
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They don't all fund it by borrowing. As I pointed out, in the recent past even EU countries have been
unable to borrow. They had to be propped up by the EU, so who would be expected to pick up Scotland's tab?
And what if any adjustment of the GERS figures led to a higher deficit? What exactly is Scotland producing, that produces the required massive missing tax income? Can't be oil as that is easily separated.
Have the SNP come up with what they consider to be the true figures? Or do they simply complain because they don't like the answer?