Depending on which parts of the media you were reading yesterday and this morning, the economic case for independence was either “shattered” (the Herald), “demolished” (the Spectator), “shredded” (Daily Record), “smashed to smithereens” (Willie Rennie, bless) or any number of other apocalyptic metaphors for total destruction, by a 1% fall in Scottish revenues resulting from a steep drop in oil prices which led to a notional Scottish budget deficit that by some measures was as high as 10% of GDP.
We must assume, then, that the economic case for the UK being an independent nation was rendered unto ruins in 2009-10, when its deficit exceeded 11% of GDP.
Economics: The art of explaining why all of your models fail to accurately predict either the future or the past.
It’s the time of year again when everyone glances at the first page of a dense booklet of complex economic data and immediately starts using it to make wild forecasts and proclamations despite the long-known problems with doing so.
So it’s also, once again, time to try looking a little further to tease out some details that others might have – let’s be generous here – accidentally missed.
(The GERS figures actually showed Scotland’s revenues in 2014/15 dropping by ONE PERCENT as a result of the oil price collapse. Non-oil revenues were UP by 3.2%.)
This year’s GERS figures will be published today, purporting to illustrate the financial relationship between Scotland and the rest of the UK. With oil revenues down, they’ll undoubtedly provoke an orgasmic explosion of glee among Unionists crowing about “black holes” and how Scotland is too wee, too poor and too stupid to survive alone.
We’ve already run an extremely detailed explanation of all the flaws and booby-traps in GERS, but of course we’re a pro-independence website and we would say that. So instead we’ll direct you to someone who’s very much NOT on our side.
This week Scottish Labour have been attacking the SNP’s rather timid plans for the reform of Council Tax, which is an entirely fair and legitimate opposition pursuit.
But as is their wont, Kezia Dugdale’s branch office just can’t help overplaying their hand and doing it in a highly dishonest way.
An alert reader just found this. It’s quite something.
We especially liked this bit:
“The growing practice of the socialist government is to take decisions vitally affecting Scotland in Whitehall… this is a process which we have every intention of setting in direct reverse.”
We thought you might like to see this snippet from a recent edition of the BBC News channel’s newspapers round-up, spotted by an alert reader.
We particularly enjoy the obviousness with which presenter Martine Croxall is being fed random titles into her earpiece by a panicking producer in response to freelancer stringer Matthew Green’s unexpected observation.
Weirdly, right after seeing this earlier this afternoon, we sat down to watch an episode of The Professionals on ITV4, which contained what seemed a rather apt segment.
We don’t think it’s a younger Iain Martin of the Telegraph (accompanied by colleagues Alan Cochrane and Tom Gallagher), but don’t make us swear to it.
Mark Beggan on A Thousand Islands In The Sea: “Vasily Grossman was reporting on the invasion of the Motherland in 1942 and found himself on the run from the…” Sep 17, 22:41
Hatey McHateface on A Thousand Islands In The Sea: “It’s the 87th anniversary of the 1939 Soviet invasion of Poland today. Polish PM Donald Tusk has made a lengthy…” Sep 17, 21:08
Hatey McHateface on A Thousand Islands In The Sea: “There’s a famine in Yemen right now, sam, if you woke up this morning and discovered you’d been struck by…” Sep 17, 20:50
Hatey McHateface on A Thousand Islands In The Sea: “@ Dan says:17 September, 2026 at 6:34 pm “No sane, rational, or productive human being with any self-awarenbess” So true,…” Sep 17, 20:42
Hatey McHateface on A Thousand Islands In The Sea: ““stop humping my leg, it was funny for a while” It’s still excruciatingly funny. As in like those Victorians who…” Sep 17, 20:28
Aidan on A Thousand Islands In The Sea: “@Dan – I appreciate you want to rant and rave here, but let’s deal with some home truths: – the…” Sep 17, 20:08
sam on A Thousand Islands In The Sea: “Scotland, too during the famine caused by potato blight and gubmint policy. Charles Trevelyan, senior Treasury civil servant described Scottish…” Sep 17, 19:54
Al-Stuart on A Thousand Islands In The Sea: “. The Most Reverend Stuart Campbell, Bishop of St Bartholomew., Patron Saint of Truthfulness, Church of The Clean Bath, County…” Sep 17, 18:55
Captain Caveman on A Thousand Islands In The Sea: “Yea chaps, ol’ Hatey’s a “leg humper” – as according to some barely coherent nutcase spewing 1.1.1 Trichloroethylene-inspired drivel and…” Sep 17, 18:50
Dan on A Thousand Islands In The Sea: “TBF Hatey probably can’t hear much due to blasting out da Ed Sheeran tuneage… No sane, rational, or productive human…” Sep 17, 18:34
Confused on A Thousand Islands In The Sea: “another thing – you can’t let the anglos control your food supply they have a bit of previous ireland and…” Sep 17, 18:19
Confused on A Thousand Islands In The Sea: “leg hump you’ve never refuted a damn thing, never won an argument, you are like the black knight in monty…” Sep 17, 18:02
Confused on A Thousand Islands In The Sea: “it is for the houthis. They think strategically. Trump started a real stupid war because the “epstein people” were probably…” Sep 17, 17:58
Hatey McHateface on A Thousand Islands In The Sea: ““Strange that Scotland as a net exporter doesn’t have decent port infrastructure” Scotland is only a net exporter because of…” Sep 17, 17:17
Hatey McHateface on A Thousand Islands In The Sea: “Sure, Confused, £2 for a liter of diesel is one of the greatest things ever. I guess the death toll…” Sep 17, 17:06
Spartan 117 on A Thousand Islands In The Sea: “Dan – bang on. The Edinburgh Trams (read: Shams) was a tremendous waste of public money that caused untold suffering…” Sep 17, 17:05
Hatey McHateface on A Thousand Islands In The Sea: “Even easier to refute than usual, and that’s saying something. Belgium 4, USA 1. 6th July 2026. Oh dear, Confused,…” Sep 17, 16:52
Dan on A Thousand Islands In The Sea: “Not much consistency with you is there. So you were happy for shitloads of taxpayers money to be spaffed on…” Sep 17, 16:47
Aidan on A Thousand Islands In The Sea: “If a private operator wants to run the Rosyth to Europe ferry and they can do so on a commercial…” Sep 17, 15:30
Dan on A Thousand Islands In The Sea: “No shit Sherlock, that’s why I said a ferry service could be included in future port plans, not be the…” Sep 17, 15:08
Fearghas MacFhionnlaigh on A Thousand Islands In The Sea: “THE PROCLAIMERS: ‘TRANS ACTIVISTS ARE TRUTH-PHOBIC’ The belief that a man can be a woman is pure myth, Scottish music…” Sep 17, 14:02
James Che on A Thousand Islands In The Sea: “The private finances from the private subjects within Scotland that gave to a private matter of Scottish independence within the…” Sep 17, 13:18
Aidan on A Thousand Islands In The Sea: “What a odd thing to say, other than a ferry service a port can be used for: – exporting and…” Sep 17, 12:29
sarah on A Thousand Islands In The Sea: “Yet another failure by the SNP executive. They and Westminster were each putting up £3million to get this ferry service…” Sep 17, 12:28
Confused on A Thousand Islands In The Sea: “come on now, Dan – everything Scotland runs on must come through Carlisle on a lorry. That way if the…” Sep 17, 12:24
Confused on A Thousand Islands In The Sea: “yeah I am sure this lawfare will work this time negotiating the legal system in Scotland is easy – apply…” Sep 17, 12:21
Dan on A Thousand Islands In The Sea: ““The Port of Rosyth is an important asset for Scotland and we are committed to exploring a number of business…” Sep 17, 12:03
BLMac on A Thousand Islands In The Sea: “When you see so much prevarification, you know there was not just one bad apple. The whole basketful is rotten.…” Sep 17, 11:27
TimePilot on A Thousand Islands In The Sea: “Police Scotland’s response to FOI requests within the 20 working days timescale is abysmal. I might submit a FOI to…” Sep 17, 09:16
James Che on A Thousand Islands In The Sea: “I surmise that the SNP have also dedicated themselves to the people/ subjects within Scotland as they are a Scottish…” Sep 17, 09:13
