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That blindingly obvious fact is why I wrote 'implied deficit' in the parent comment. Scotland has public expenditure and tax intake figures. There are things yo
by Emma_Goldman 4y ago
That blindingly obvious fact is why I wrote 'implied deficit' in the parent comment. Scotland has public expenditure and tax intake figures. There are things you need to apportion - like oil revenues and UK debt obligations - but even with generous assumptions, if it became independent it would be running a large deficit. This isn't just a random figure.
This is a good overview:
https://www.economicsobservatory.com/what-might-the-public-finances-of-an-independent-scotland-look-like https://www.economicsobservatory.com/what-might-the-public-f...