Afghanistan didn't cost us to much in the grand scheme of things, most of the spending would have recirculated within the UK economy as opposed to personal spending which largely leaves the country via our negative balance of payments. One of the best ways to improve our economy would be to stop buying junk we don't need from China. Not to mention a boycott on Scottish Whiskey, Tartan and Shortbread
Im all for cutting the wages of bureaucrats, we need investors and wealth creators to grow the economy for everyone's benefit.
I would vote yes. I doubt that the financial pain will be as catastrophic as some are painting it - I'm not doubting there will be some but long term I think it could benefit the Scottish economy. Overall though the UK is a country run by an old boy network and increasingly for the benefit of that old boy network. Who cares if the economy is recovering if only a small percentage are really benefiting from it. Maybe an independent Scotland can run things a bit better rather than going down the American route of a polarised society with extremes of wealth and poverty.
What economy, without a currency there is no economy, the jobs will be moving south, the investment will move south. The businesses that have already dared to speak out have been threatened with 'retribution', suggestions of renationalisation and refusal to pay Scotland's share of the debt, which bits of independence present a positive picture for business and investment? Is it the never never land funded 3% cut to corporation tax? (and who pays for that?). Business and Individuals don't invest to skim a few extra %, theyre concerned with corporate governance & risk.
Think we've already seen the example of Alex Salmond not running things differently, he certainly didn't pull his punches when pushing the RBS ABN take-over, and certainly wasn't afraid to get his hands dirty rolling over local communities on to oil the wheels for Donald Trump.
Who says only a small percentage are benefitting from the economic recovery, who exactly is the £750 billion per annum public spending going to? Maybe we should tax the net contributers out of the country or asset strip them like is proving so unsuccessful in France / Greece.
You can argue about the figures not adding up but there's no arguing with the macro economic figures we're seeing as the country pulls out of recession. By every indicator, OBR, IMF, ONS, etc, unemployment is down, inflation is down, interest rates are low and we've one of highest growth rates across the major economies, much of Europe is showing signs that theyre returning to recession. Even German growth is falling.
For sure the rich have weathered the storm a lot better, the gap between rich and poor is widening but turning over the apple cart and making a total mess of our economy wont just root out the bad apples it'll ruin the whole economy. Only 10% of the population are net contributors, those rich people (and the Banks) that everyone loves to hate pretty much pay for the rest of the country.
One last thing I forgot to mention in my earlier rant, how much is the process of independence going to cost, just separating TSB from Lloyds Banking Group cost around £300 million. the £100 billion for Trident replacement will be small change when its all added up, Business and all our pension funds, will probably lose more than that in one day following a yes vote.
Seren, it'll be a bitter whatever the outcome, I think this is just the start, there's a lot of English people pissed off about the way the whole things been handled, no doubt plenty of Scottish to.
Either way there's going to be a lot of division in Scotland for years to come. Whilst the Yes/No threshold is ultimately one vote, I don't see how such a fundamental life / country changing decision will be tenable if its close e.g. one side doesn't get more than 60, 70%.
I think a Yes vote will have far reaching consequences that will affect all our lives for the worse. If people think things are bad now, I think in a few years time we'll look back on this recession and austerity with envy. There will be stock market crash on Friday the likes of Black Wednesday following a yes vote, and by far the biggest brunt will be faced by Scottish business. Just the alignment of opinion polls wiped £27 billion off Scottish Business Monday last week.
Ultimately the rest of the UK are far better set up than Scotland to weather any storm, we're far more diversified than Scotland and our economy is not dependent on the price of oil (which incidentally hit a 3 year low yesterday, and kind of questions the SNP assumption/basis for their calculations, on a per barrel price 30% higher)
Without a Sterling currency union Scotland are going to be in a massive hole.
so cameron says think caerfully... it might be like a bitter divorce..........
I think i will take the bitter divorce than stick with a partner who I feel abuses their power over me.and who continually tells me that I'm not good enough to cope on my own and need them to keep functioning....sticking in an unequal marriage doesn't appeal....how ever much they threaten..
The thing is its not just Cameron telling the Scots they'll struggle to achieve their land of milk and honey, just about every commentator worth their salt is making the point that the figures (if there were any) don't bear scrutiny.
The whole thing is a fiasco, I just cant believe that after all this time wanting independence the SNP havnt got a credible proposition. Currency is the pivot which any claims the SNP could ever make should depend on yet they cant even say what currency will be in their pockets in two years, if it wasn't so serious it would be laughable. Instead of any credible counter argument or challenge on the facts we get diversions, misrepresentative implied comments about 'its our pound' clearly intended to mislead those who don't understand that currency isn't the pound, but the 'promise to pay the bearer'.
Worse still is how many people are being taken in by the SNP, I just cant believe there are so many thick people prepared to bike their nose and spite their face over some archaic hatred of the English, Thatcher etc etc.
Quite frankly im sick of it all, I think a lot of people are, id have loved the Scots to stay but reading the news every day is starting to show its far more than supporting the other side when England are playing, a large percentage of the Scots clearly hate us.
Im seriously angry that we're now going cap in hand offering a bribe, I certainly don't want my takes paying for the free university places, prescriptions and the rest of Salmonds never never land.
When do the English get a vote on whether we subsidise Scotland, when are their MPs leaving the House of Commons.