+ Visit Scotland Mad for Latest News, Transfer Gossip, Fixtures and Match Results
Results 1 to 10 of 292

Thread: I voted yes....but felt like I'd been kicked in the ba's the day

Hybrid View

Previous Post Previous Post   Next Post Next Post
  1. #1
    Join Date
    Feb 2008
    Posts
    6,320
    Quote Originally Posted by JackSnakes View Post
    I think it is a tad more difficult than many believe.
    It looks easy when people are throwing this £15bn deficit number around, but the actual fact is that this is absolutely no indication whatsoever of where an independent Scotland would sit financially. This figure is only the difference between what Scotland gave to the treasury, and what Scotland paid out in public spending last year.



    As has been pointed out, this is the first year in quite some time that the number is actually negative
    I'm pretty certain that simply isn't true at all.


    * I'm being pedantic but the way you describe the flow of money there is interesting. Scotland does indeed pay its revenue to the treasury but rather than Scotland then paying out money in public spending it is actually this money the UK government spends on Scotland. Keeping services running in the years that Scotland hasn't made enough to cover it.

  2. #2
    Join Date
    Feb 2005
    Posts
    3,020
    Quote Originally Posted by neilo View Post
    I'm pretty certain that simply isn't true at all.


    * I'm being pedantic but the way you describe the flow of money there is interesting. Scotland does indeed pay its revenue to the treasury but rather than Scotland then paying out money in public spending it is actually this money the UK government spends on Scotland. Keeping services running in the years that Scotland hasn't made enough to cover it.
    I am not trying to describe the flow of money, simply explaining how this £15bn deficit figure was arrived at, which is the amount of money Scotland makes in taxes against the amount of public spending.
    To work out a nation's economy is, I think, a little more complicated than that, which is why I think it is ridiculous that this figure is being used as some kind of stick to beat the yessers with.
    However, you may be right about my assertion regarding the surplus - it is possible I have confused the fact that Scotland has paid in more per capita for many years than the rest of the UK (it has also taken out more per capita so without a bit more research I'd have to withdraw that one)
    Stewarty does have a point though in that comparing Scotland's economy whilst it is part of the United Kingdom to the economy of an independent Scotland is a wee bit "apples/oranges". The two situations would be vastly different.
    Whether one would be vastly better, or vastly worse, or just a wee bit either side of the line marked "same as before" no-one really knows.
    You can only ever have a best guess.

Forum Info

Footymad Forums offer you the chance to interact and discuss all things football with fellow fans from around the world, and share your views on footballing issues from the latest, breaking transfer rumours to the state of the game at international level and everything in between.

Whether your team is battling it out for the Premier League title or struggling for League survival, there's a forum for you!

Gooners, Mackems, Tractor Boys - you're all welcome, please just remember to respect the opinions of others.

Click here for a full list of the hundreds of forums available to you

The forums are free to join, although you must play fair and abide by the rules explained here, otherwise your ability to post may be temporarily or permanently revoked.

So what are you waiting for? Register now and join the debate!

(these forums are not actively moderated, so if you wish to report any comment made by another member please report it.)



Posting Permissions

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