Is Scotland’s economic fate already sealed for the next 50 years?
From stewartb From today’s Scotland Politics section of the BBC News website: ‘Scottish economy FORECAST to grow slower than UK’. (my emphasis) It begins: ‘Scotland’s economy is PROJECTED to grow more slowly than the UK over the next 50 years, according to the Scottish Fiscal Commission (SFC). The independent body projected that Scotland’s GDP would grow by 0.9% per year on average between 2028-29 and 2071-72.’ As an aside, it is astonishing how statistically precise economists claim to be! It begs the question: is Scotland’s economic fate already sealed for the next 50 years? This is the source report: https://www.fiscalcommission.scot/wp-content/uploads/2022/08/Trends-in-Scotlands-population-and-effects-on-the-economy-and-income-tax-August-2022.pdf Here … Continue reading Is Scotland’s economic fate already sealed for the next 50 years?
