Another cracking blog by Professor Murphy. Well worth reading. Come on SNP!
"First, the SNP needs to announce a plan to replace GERS as being no longer fit for purpose, come what may.
Second, the SNP needs to embrace the idea of its own currency and running deficits post-independence.
And third, it needs to make clear that its vision of Scotland post-independence is not as a continuation of what is happening now, or why bother? Playing with GERS suggests that somehow not much will really change, and that is a serious mistake.
Accounting is, then, deeply political. GERS is a statement about Scottish dependence. Of course those who want to belittle the country love it. It’s time Scottish nationalist politicians of all allegiances realised that and got rid of it."
https://www.taxresearch.org.uk/Blog
https://www.taxresearch.org.uk/Blog