The Courier & Advertiser (Perth and Perthshire Edition)
Fiscal straitjacket ditched in indy Scotland
Madam, – The publication of the latest GERS (Government Expenditure and Revenue for Scotland) figures has triggered a now traditional feeding frenzy (Claim £12.6bn deficit is no barrier to independence, Courier, August 22).
A black hole in Scotland’s finances is heralded by unionist politicians as validating the continuation of their beloved union.
The killer phrase for me from the GERS report is: “The report is designed to allow users to understand and analyse Scotland’s fiscal position under different scenarios within the current constitutional framework.”
GERS is therefore a measure of the public finances, under the current union, hardly the greatest endorsement for how the economy has been managed on the UK’s watch.
Major economic levers required to stimulate economic growth are still currently reserved to Westminster.
It is indeed a bizarre scenario when politicians from unionist parties, who should be ashamed at the situation, actively gloat and support a union that has mismanaged the economy so appallingly.
GERS is a set of figures, based on a measure of guesswork that indicate very little, except highlighting the negatives of the current union.
It has little bearing on the finances of an independent Scotland.
The point of independence is not to do everything in the same way as it has been done within the current constitutional framework, but to move away from this one-size-fits-all fiscal straitjacket to a tailored approach that prioritises stimulating economic growth.
Alex Orr.
Flat 3, 2 Marchmont Road, Edinburgh.