See here for important
background: http://hpanwo-voice.blogspot.co.uk/2014/02/what-next-for-scottish-independence.html.
Scottish Independence is back in the news, see: http://www.bbc.co.uk/news/uk-scotland-scotland-politics-27595415.
The UK Treasury and The Scottish government have engaged in an exchange of
promotions, rhetoric and figures to try and justify the No and Yes campaigns
respectively. The Treasury says Scots are £1400 a year better off being in the
United Kingdom because public services are subsidized by Westminster; and also
the price of restructuring the Scottish government would cost £1.5 to 2.7
billion. Scotland
also has an older population on average than the rest of the UK .
Alex Salmond's office has retorted that, on the contrary, people in Scotland
would be £1000 a year better off if the Yesses have their way due to more
efficient tax system, better economic policy and a boost in North
Sea oil revenue. As you can see from this graph, Independence
was initially lagging behind in the opinions polls, but the gap has closed and
the Yesses have overtaken the No's a couple of times, see: http://whatscotlandthinks.org/questions/should-scotland-be-an-independent-country-1#line.
If it turns out that Scotland
comes up trumps in the complex matter of splitting the National Debt, then the
Yes line will probably soar up even further, perhaps to a winning position. There
are now draft designs of the UK
flag without its constituent St Andrews Saltire, see: http://www.theatlantic.com/international/archive/2014/03/will-this-be-the-uks-new-flag/284234/
(I'm glad to see that the Red Dragon of Wales gets a look in on some of the new
designs). These economic theoretical statistics are all in "pounds",
but, as I ask in the background articles, what currency will Scotland
be using if... when... it becomes independent? Salmond has still not convinced Westminster
of his plan for a "Sterling zone", see
background links for more details. I can't help thinking that Salmond's consistent
failure to reach a currency deal is suspicious. There's only so much failure
you can suffer by accident. I predict that at some point somebody is going to
suggest that Scotland
joins to Eurozone. Mark my words!
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