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Wonkblog: The economic case against Scottish independence
Source: www.washingtonpost.com - Thursday, September 18, 2014
If Scotland votes for independence the best that can be said is it doesn't have to be an economic disaster. And that's all. On Thursday, Scots will take to the polls to decide the fate of the for-now United Kingdom. Specifically, whether to vote "Yes" to leave Britain, or "No" to stay in it. The Nos seem to have a slight edge over the Yeses, but only that. It's close. The pro-independence Scottish National Party (SNP), meanwhile, argues that self-determination isn't just an inherent right, but also the only way to create the kind of society that Scotland wants. That's one where they use their North Sea oil to fund a bigger welfare state; a kind of Norway-in-the-highlands. They can't do that now, of course, because the ruling Tories are cutting spending, not adding to it. So liberal Scotland, the SNP says, has nothing to lose but the chains of English conservatives. Read full article >>
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