Rutherglen Reformer

Yes campaign is really the guess campaign

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It is no wonder the Yes campaign has come to be known as the Guess campaign. Time and again they have dodged legitimate questions. We’ll be in a currency union, Yes say. The UK government say we won’t. We’ll be in the EU, Yes say. The EU say we won’t (probably for about five years at least). We’ll have tax from oil revenues Yes say, but they are notoriousl­y volatile and can’t be relied upon every year.

We are being asked to vote to end forever the most successful voluntary union of countries ever seen. We are being asked to leave the economic security of the UK’s economy and 60 million people who don’t want us to go. We are being asked to become a country that uses someone else’s currency. We are being asked to leave the EU. And we are being asked to believe it will be alright on the night, Alex Salmond has it all covered.

We’ve seen the problems economic crises can have both here and in Spain, Ireland and Greece. It’s the people with the least who will lose most if we get this decision wrong. To have the best chance of solving these problems we need a strong economy with people in work paying tax to fund public services.

Today we saw the value of the pound in your pocket, and Scottish firms that employ thousands of people, reduce. That was just at the prospect of a Yes vote. Today a Nobel Prize Winning Economist wrote in the New York Times,‘if Scottish voters really believe it’s safe to become a country without a currency, they have been badly misled’. A Yes vote is a vote for us to use someone else’s currency.

It gets worse, the Centre for Economic Business Research estimate a Yes vote will mean us borrowing £9bn immediatel­y to pay our bills. Whereas the UK has a strong credit rating for borrowing Scotland on its own would have to pay a higher rate of interest. This is all money that could be spent instead on public services.

You can be sure that if we are taken in by the Guess campaign, the bankers in New York, London, and Frankfurt will not be. And we’ll be paying the price for decades. If we don’t realise what we’ve got now and decide to leave, hell mend us. Alan Ross, Cambuslang (Address supplied).

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