GERS: or, A Wayward Exercise in the Capricious http://bellacaledonia.org.uk/2016/08/24/gers-or-a-wayward-exercise-in-the-capricious/ … via @bellacaledonia
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can u explain the deficit to me? How did we come about having one without the equivalent borrowing powers? Bank bail out? :(
This is the Scottish Government's statisticians. Case for indy built on same figures in '14
it came about because we are spending more than we raise. And we can do that because we benefit from being in Barnett.
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u know I don't think Barnett is all that great ;)
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well if we didn't have it, we'd have £15bn to find this year...
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I don't wanna argue over Gers cos I hate it. I don't think the methodology is the most efficient or accurate.
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what's wrong with it?
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when all it is evidence of is how poor Scotland's finances are managed whilst part of the union.
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if it's not a true picture of where we'd be on independence, someone better tell us the secret to additional £15bn revenue.
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as I've said many times,we wouldn't be spending on the same things in iScot so why futer aboot with figures that isn't representative?
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really? So what would be cut? You know something Sturgeon doesn't? She refused to commit to cuts or tax rises. Head-in-sand mode
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so ur still a fan of raising top rate tax? I'm not against that in principle but as long as doesn't impact low earners down the line
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yes I'm still in favour of it. And I'm still in favour of 1p on income tax above £20k to stop the cuts.
End of conversation
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