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For me, independence is entirely about the money. There is a 20% budget deficit on day one of independence: 8% from the "danger" of Brexit (SNP's own slides!)
by _Understated_ 7y ago
For me, independence is entirely about the money.
There is a 20% budget deficit on day one of independence: 8% from the "danger" of Brexit (SNP's own slides!) and 12% approximately from the Barnett formula.
I asked a panel of SNP MSP's what they were going to do about the deficit since we'll technically be worse off than Greece on day one of independence and they wouldn't commit to an answer as they were waiting for George Osborne (the chancellor at the time) to provide them with exact figures... this was in a room full of Entrepreneurs in Ayrshire in 2016 (might have been 2017, can't quite remember the date). They got heckled for that answer.
I maintain that if they can come up with something plausible to answer the question of what we do on day one when we are bankrupt, I will look at the rest of the evidence. Until then, there's no point. I will vote no.
So the money angle is perfectly valid in the case of independence.