Dear All
Professor Joseph Stiglitz is a Nobel
prize-winning economist.
That means he is highly thought of and
smart, what he isn‘t familiar with is how politics in Scotland operates.
He has helped draw up Alex Salmond's fiscal
and economic blueprint for independence.
Because no one in the Scottish National
Party was capable of doing so in their 80 year history!
He opines that Scottish economic growth
would suffer unless the country broke away from the UK pattern of growing
inequality.
Independence will not cure growing
inequality, to suggest otherwise is naïve in the extreme, maybe Stiglitz has
been told the Scottish National Party leadership stand for fairness, equality
and social justice.
That isn’t true, I thought it did but
events showed me the true nature of the Scottish National Party under the
leadership of Alex Salmond and Nicola Sturgeon.
Helping the poor isn’t on their radar.
Free prescriptions for billionaires and millionaires!
Council tax freezes for billionaires and millionaires!
That is the reality of these ‘social
democrats’.
Alex Salmond isn’t planning wealth
distribution, to suggest that there is some plan to do so, is fantasy.
The Salmond/Sturgeon clique is a poor man’s
New Labour MK2, which has peaked, Salmond’s popularity rating used to stand at
+35, now it is down to +7.
People and particularly women don’t trust
him.
Professor Joseph Stiglitz served on the
Fiscal Commission and its working group under Chairman Crawford Beveridge, so
he is Salmond’s creature, his opinion of Scottish nirvana isn’t going to
happen.
The Fiscal Commission this week came out
and said that an independent Scotland would be better within a Sterling zone to
flourish.
And given the Westminster is making clear
that it wouldn’t play the SNP’s game, nothing is guaranteed by the SNP Govt.
Less we forget, the SNP want the financial
sector to be regulated by London, interest rates set by London, so Scots will
not have control of all the levers.
Inequality is here to stay because Salmond
and Sturgeon don’t have a growth plan.
Stiglitz warned Britain faces a living
standards crisis, with millions of households failing to regain the losses they
suffered during the downturn.
And so does the US, an independent country,
which rather makes his claim less watertight on factual matters which might
occur in the future.
Office
for National Statistics figures shows pay rises have been outstripped by
inflation, with average earnings back to 2003 levels of £11.21 per hour.
Kevin Stewart, an SNP member of Holyrood's
Welfare Reform Committee, said:
"Economic growth and prosperity are
undermined by high rates of income inequality, leaving us all worse off as a
result. Addressing this growing and worrying trend should be a priority for any
government."
So, let’s put things in perspective for a
moment, on the bedroom tax which lately the SNP have become ‘angry’ about (well
might raise indy support), what’s their plan to help those involved?
The answer is nothing.
Maybe Stiglitz has bought into Salmond as a
Prophet, but the reality is that he is a false Prophet and he is about to take
a loss.
False Prophet…….. loss!
Yours sincerely
George Laird
The Campaign for Human Rights at Glasgow
University
Absolute nonsense. No facts at all.
ReplyDeleteYou start with the assumption that the nobel prize winner is "highly thought of and smart", something which must have been considered when the Scottish Government asked him to draft up these proposals, but then you basically call him an idiot for the next 510 words, in which your atrocious writing style spuriously undermines all of your intentions.
SNP complain long and hard on benefit issues, latest is the "bedroom tax" but not a mention if they'll continue with it or bin it.
ReplyDeleteThis is their weakness, not a strategy in sight.
Give the electorate some detail, ON ANYTHING! I'm looking forward to being drenched in this milk and honey we are all promised.