Wings Over Scotland

We’ve had a closer look at the Institute for Fiscal Studies report from this week.

Basically, the conclusion of the report is that if an independent Scotland continued to do exactly the same things over the next 50 years as the UK does now, it would have to grow its GDP by 1.9% to cover a predicted fiscal gap, while the UK would only have to grow by 0.8% to cover a similar gap. According to the IFS, this 1.9% shortfall would mean a 6% cut in services or a hike of 8% in income tax in an independent Scotland.

However, close reading of the small print in the IFS document highlights facts and forecast figures that appear to contradict the IFS’s argument and instead point to a situation where an independent Scotland would actually be in a similar fiscal position to the UK. Confused? Yes, so were we.

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The media (and some of the more gullible elements of the blogosphere) recently got itself into a lather about Douglas Alexander’s latest contribution to the independence debate – excellently rebutted by novellist and playwright Alan Bissett – which presented his vision of a post-referendum Scotland that voted No to independence.

Here’s an alternative picture. But unlike the typical “Better Together” scare story, these are not fabricated fantasies. Many are happening right now, while others are merely under discussion and in preparation.

This is what you’re voting for if you vote No.

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