dgp4indy

Mythbuster: We Can't Afford The Interest On The National Debt

"the average interest rate paid on UK national debt has been falling steadily.

So too has the cost of the interest on that debt be(e)n falling as a part of GDP and of total government spending. Just 4p in every pound the government now spends goes on interest payments. And two-thirds of that goes to people in the UK.

In that case the idea that interest payments on the national debt will be a massive burden makes no sense at all."
https://www.taxresearch.org.uk

The Tories Are The Biggest Government Borrowers

"So what do we learn? Two essential things, I suggest. First, Labour borrows less than the Conservatives. The data shows that. And second, Labour has always repaid debt more often than the Conservatives, and has always repaid more debt, on average. The trend does not vary however you do the data. I have tried time lagging it for example: it makes no difference. 

Or, to put it another way, the Conservatives are the party of high UK borrowing and low debt repayment contrary to all popular belief.
https://www.taxresearch.org.uk

Westminster Secretly Sends Scotland's Budget South

"Thousands of highly paid and skilled jobs that Scotland’s Government pays for are located outside of Scotland. So, the tax and NIC’s, and economic benefits of their wages go to the rest of the UK and not to Scotland. This means, tens of millions of savings and the same in additional new Scottish revenues would be gained in the event of independence."
https://www.businessforscotland.com

How The UK Loads Debt Onto Scotland

"So, with no borrowing powers, Scotland could not gave accrued debt, and even as a region of the U.K., it has always been in surplus. Even under the worst governance imaginable in an independent Scotland, we would have been better off than we are now. All GERS ever shows is how badly the Union has failed Scotland."

Why don't the Scottish Government wise up to this and stop behaving as if GERS are gospel?  Why don't they produce proper staistics of their own to show Scotland's true economic health.
https://talkingupscotlandtwo.com

How Would An Independent Scotland Pay for it?

"It’s that time of year again when unionists start spreading lies about how an independent Scotland is subsidised by taxpayers money from the rest of the United Kingdom. This is an argument that supporters of independence have often struggled to tackle. In fact a recent YouGov poll found that, despite a majority saying they would vote Yes, one of the weakest arguments on independence was the economy.

There are may reasons for this, but today we’ll touch on just one, which is important. Right now unionists have complete control of the narrative. By using GERS each year they propose the argument that Scotland’s high government deficit is bad for us and that we rely on taxes to fund our spending. Instead of actually debunking this argument we accept it. We agree with unionists that our deficit is bad and we agree that we need taxes to fund our spending. So we’re forced on the defensive to prove to them that we can lower the deficit.

This is completely and utterly wrong. So now it’s time to turn the tables."  Now read on...
https://themammothwhale.wordpress.com