tag:blogger.com,1999:blog-1603438996450817644.post2893504140360721784..comments2024-01-12T01:56:21.933-08:00Comments on chokka blog: Sustainable Growth Commission: Jam Tomorrow, Gruel TodayKevin Haguehttp://www.blogger.com/profile/14587343060415859159noreply@blogger.comBlogger19125tag:blogger.com,1999:blog-1603438996450817644.post-49713281463416194682018-05-26T00:34:47.667-07:002018-05-26T00:34:47.667-07:00Which one of those countries do you think we'd...Which one of those countries do you think we'd be, because their currencies operate very differently from each other, and how would Scotland emulate your preferred option? Chris Sheridannoreply@blogger.comtag:blogger.com,1999:blog-1603438996450817644.post-88704630021059889312018-05-25T18:53:49.235-07:002018-05-25T18:53:49.235-07:00I noted some swinging comments in the pro independ...I noted some swinging comments in the pro independence National newspaper on this report. I also note almost complete silence in comments sections of other newspapers by the pro independence folk.<br /><br />I suspect this report it the end of the SNP in power. Alastair McIntyrehttp://www.electricscotland.comnoreply@blogger.comtag:blogger.com,1999:blog-1603438996450817644.post-55432624089688277352018-05-25T11:57:12.857-07:002018-05-25T11:57:12.857-07:00Scotland's finally in the money
Section 3.1...Scotland's finally in the money<br /><br /><br /><br />Section 3.126<br /><br />"The UK’s debt will therefore remain the responsibility of the UK Government after Scotland becomes independent. <br /><br /><br /><br />By definition, an independent Scotland will start with zero debt."<br /><br /><br /><br />What's not to like?<br /><br />https://www.sustainablegrowthcommission.scot/s/SGC_Full_Report.pdf<br /><br />rUK doesn't send £14bn to Scotland<br />Scotland sends £15bn to rUK<br /><br />Scratches head!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1603438996450817644.post-31384464373805368402018-05-25T11:45:25.948-07:002018-05-25T11:45:25.948-07:00but the issue is the *gap* vs rUK - my calculation...but the issue is the *gap* vs rUK - my calculation is correct and as we can now see consistent with the Growth Commission’s own analysis and interpretation Kevin Haguehttps://www.blogger.com/profile/14587343060415859159noreply@blogger.comtag:blogger.com,1999:blog-1603438996450817644.post-41424691877539430882018-05-25T11:43:51.609-07:002018-05-25T11:43:51.609-07:00fine - revenues - amounts to the same thing fine - revenues - amounts to the same thing Kevin Haguehttps://www.blogger.com/profile/14587343060415859159noreply@blogger.comtag:blogger.com,1999:blog-1603438996450817644.post-64437352590683872112018-05-25T11:43:17.345-07:002018-05-25T11:43:17.345-07:00the figure i’m referring to is the effective net f...the figure i’m referring to is the effective net fiscal transfer from rUK - the amount our deficit exceeds our per capita share of the UK’sKevin Haguehttps://www.blogger.com/profile/14587343060415859159noreply@blogger.comtag:blogger.com,1999:blog-1603438996450817644.post-92088429627385974162018-05-25T06:01:13.465-07:002018-05-25T06:01:13.465-07:00Sod if. For Indy read National :-). Their designs ...Sod if. For Indy read National :-). Their designs are clearly too similar.<br /><br />Sorry.Ferdinandhttps://www.blogger.com/profile/08449417038009763914noreply@blogger.comtag:blogger.com,1999:blog-1603438996450817644.post-14048844176859033192018-05-25T05:56:17.642-07:002018-05-25T05:56:17.642-07:00I would say in a jaundiced way: it is the Indy, an...I would say in a jaundiced way: it is the Indy, and maths is irrelevant.Ferdinandhttps://www.blogger.com/profile/08449417038009763914noreply@blogger.comtag:blogger.com,1999:blog-1603438996450817644.post-73516063987316398032018-05-25T02:57:51.837-07:002018-05-25T02:57:51.837-07:00In regards to the introduction and implementation ...In regards to the introduction and implementation of a new currency what would speculators "do with it" in your opinion?Will gnoreply@blogger.comtag:blogger.com,1999:blog-1603438996450817644.post-7198642159970497122018-05-24T23:34:05.155-07:002018-05-24T23:34:05.155-07:00Is the fiscal transfer gifted to Scotland from WM ...Is the fiscal transfer gifted to Scotland from WM or is it a loan taken out on Scotland's behalf that must be repaid?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1603438996450817644.post-26269542674051461702018-05-24T14:12:09.705-07:002018-05-24T14:12:09.705-07:00Don't forget my own prognostications from a ye...Don't forget my own prognostications from a year+ ago!<br /><br />http://liberalismfive.co.uk/?p=183<br /><br /><br />I'd guess there will be alot of rather irrelevant storyboarding about government powers and Scotland's strengths and so on..QoLhttps://www.blogger.com/profile/05150342520161336823noreply@blogger.comtag:blogger.com,1999:blog-1603438996450817644.post-81890654699334239402018-05-24T13:20:04.721-07:002018-05-24T13:20:04.721-07:00i might be reading this wrong but your calculation...i might be reading this wrong but your calculations appear to use 0.7% growth taking over 19yrs to generate extra 8.2bn instead of the 0.7% superior growth. EU growth is forecast at 2.4%, which itself would generate over 8.2bn extra in 5 years? Scottnoreply@blogger.comtag:blogger.com,1999:blog-1603438996450817644.post-24285759931928576762018-05-24T13:00:36.022-07:002018-05-24T13:00:36.022-07:00I'm assuming that at most one of those 12 smal...I'm assuming that at most one of those 12 smaller countries in the comparison group has an NHS style health system, that all of them have a position in the Nanny State index way below Scotland, that all of them would apply tolls on bridges ( and congestion in many cases ), with the exception of Norway they would have lower subsidies to owners of qualifying farm land, and are far more likely to be free market economies with more liberal planning systems and which would exploit the income available from technologies like fracking.<br /><br />To get the growth, and the higher quality of life, you actually have to follow the growth friendly policies, which I'm not sure the SNP would be willing to do. Still, comparing yourself is a good start, it's just a shame they've compared themselves to the results, not the policies.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1603438996450817644.post-91521760312208048692018-05-24T10:38:19.695-07:002018-05-24T10:38:19.695-07:00"Scotland's tax take in 2016-17 (per GERS..."Scotland's tax take in 2016-17 (per GERS) was £57,952 million"<br /><br />There is a difference between 'tax take' and 'revenues'<br /><br />Even the snp government refer to the figures in GERS as revenues.<br /><br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1603438996450817644.post-28751806509387654862018-05-24T10:24:31.595-07:002018-05-24T10:24:31.595-07:00Your usual pish then Kev, do tell tho, what are yo...Your usual pish then Kev, do tell tho, what are your actual qualifications in economics ?<br /><br />£300 Billion for a currency, Norway and Denmark hold reserves of round £42 Bill !Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1603438996450817644.post-81859782496508885622018-05-24T08:50:02.482-07:002018-05-24T08:50:02.482-07:00'On the most recent available figures that mea...'On the most recent available figures that means the loss of £10.3bn a year in effective net fiscal transfer overnight - we won't have to wait "over a generation" for that impact.'<br /><br />Wasn't Scotland's deficit £15 billion a few years ago? (prompting the £15 billion black hole headlines)<br /><br />While I appreciate most of the credit due for this deficit reduction must go to the UK Government if true, surely a 30% deficit reduction in a matter of years gives some grounds for optimism Scotland can indeed erradicate our overspending and therefore reliance on London almost entirely?<br /><br />For the record I am neutral on the question of independence.Don Briggsnoreply@blogger.comtag:blogger.com,1999:blog-1603438996450817644.post-34806569945555959692018-05-24T07:24:40.417-07:002018-05-24T07:24:40.417-07:00Clear and decisive comments, I wish SNP supporters...Clear and decisive comments, I wish SNP supporters would read the article and start thinking instead of keeping their blinkers on.Ian Clarknoreply@blogger.comtag:blogger.com,1999:blog-1603438996450817644.post-41576507576141217092018-05-24T06:22:50.064-07:002018-05-24T06:22:50.064-07:00Thanks for this. I'm open to any and all facts...Thanks for this. I'm open to any and all facts at the moment as I fear the debate is about to get a little more interesting.Dougiehttps://www.blogger.com/profile/11302347463453597951noreply@blogger.comtag:blogger.com,1999:blog-1603438996450817644.post-21764768446605230532018-05-24T04:55:33.080-07:002018-05-24T04:55:33.080-07:00Kevin.....I hope you bought Mr McIntyre-Kemp dinne...Kevin.....I hope you bought Mr McIntyre-Kemp dinner and maybe one of those single roses before you did that......if not, I sincerely hope you at least gave him a lingering cuddle?Tommy Aikenheadnoreply@blogger.com