Alex Salmond wants credit for not breaking the law

19th November, 2012 6:47 pm

Today Alex Salmond was boasting about the SNP’s record of having zero borrowing, telling ‘Good Morning Scotland’:

“Well the fiscal record of Scotland is of course that John Swinney as Finance Secretary has had zero borrowing over the last five years, which he must be the only Finance Minister in the world, I think with the exception of Norway in Western Europe at least, to have achieved that enviable record. That seems to me a pretty strong track record of success and compared to the UK Chancellors – George Osborne or Alistair Darling, it is an incomparably better record.”

That would be all well and good, except the Scottish government are legally bound to put forward a balanced budget every year. Yet Salmond is boasting about having “zero borrowing”. As Labour’s finance spokesperson Ken Macintosh notes:

“Every year since Swinney and Salmond took office they have spent hundreds of millions of pounds of the Scottish share of UK borrowing, just because it does not show up on the Scottish Government’s books, it is still borrowing; and it still reveals that the Scottish Government spends more than it raises in income.”

But still, Alex Salmond wants credit for not breaking the law…

  • http://www.facebook.com/profile.php?id=100001102865655 John Ruddy

    And in the same breath he will happily complain that the Scottish Govenrment ISNT allowed to borrow money!

  • http://www.facebook.com/profile.php?id=100001102865655 John Ruddy

    And in the same breath he will happily complain that the Scottish Govenrment ISNT allowed to borrow money!

  • jaime taurosangastre candelas

    Ken MacIntosh seems remarkably enlightened – and correct – about not spending more than you raise. Elsewhere, I have seen this shocking new idea rightly qualified as “over the life of a Parliament”, to retain some in-year flexibility. Is this the beginning of a trend for Labour, or is he to be purged for having anti-socialist ideals? Goodness, he even alludes to “off-balance sheet” spending, and the need to properly record that as debt. He is almost a tory from the age when the tories made sense on the economy.

    It is a pity other Scottish politicians have not seen it to be necessary to follow this good idea, to the detriment of us all. Now known chiefly from their absence from day to day politics, but still drawing a significant salary.

  • Chilbaldi

    Salmond goes out of his way to find extra ways to spend public money – that’s the real irony here. It’s all part of his tactics to create a wedge between Scotland and England.

  • http://www.facebook.com/people/Graeme-Hancocks/1156294498 Graeme Hancocks

    The man is such a charlatan.

  • Andrew Ben McKay

    The shine is finally coming off the SNP Gov. About time.

Latest

  • Featured News Unions Anti-trade union legislation could face legal challenge for contravening human rights

    Anti-trade union legislation could face legal challenge for contravening human rights

    Shadow Home Secretary Yvette Cooper is ready to raise the prospect of challenging the Tories’ proposed anti-trade union laws in the courts, claiming it might contravene human rights legislation. Cooper says she has received legal advice that points to potential breaches of Article 11 of the European Convention of Human Rights, which preserves the right of freedom of association, including trade unions. The leadership contender will accuse the Conservatives of trying to use their position to cripple the opposition with […]

    Read more →
  • Featured News Labour have been “in denial” about threat from UKIP, says Dan Jarvis

    Labour have been “in denial” about threat from UKIP, says Dan Jarvis

    Dan Jarvis has slammed Labour for being “in denial” about the threat caused by UKIP, in a new report published this weekend. ‘Reconnecting Labour’, which was commissioned by Andy Burnham in July as part of his campaign to become leader, looks specifically at how Labour wins back votes lost to the anti-EU party. Jarvis raises concerns that the EU referendum a new high-profile platform that could cause further problems for Labour. He says that Labour were too relaxed about the […]

    Read more →
  • Comment The Labour leadership contest: too much politics and not enough personality

    The Labour leadership contest: too much politics and not enough personality

    Our recent prime ministers were not elected to lead their parties following general election defeats, and there are many problems with electing leaders whilst on the rebound. One of the biggest is that everyone is still in General Election Mode, presenting manifestos rather than their qualities as a leader. Policies and ideas are not wedded to any one person – any candidate could institute a policy suggested by any other candidate. Having good ideas qualifies one for the top table, […]

    Read more →
  • Comment What lessons does Lynton Crosby have for Labour?

    What lessons does Lynton Crosby have for Labour?

    After May’s general election, it appeared everyone in the party who tweeted or blogged was sure they knew why Labour had lost. By some weird coincidence, these opinions always seemed to mirror the prejudices of the author. You know the type of thing – our policies were too right wing, our policies were too left wing, our policies were too centrist, etc. Not very enlightening. So, to get a more balanced view, I turned to Lynton Crosby. I appreciate that’s […]

    Read more →
  • Featured News Labour is in “mortal danger” – “we need to save it again”, says Peter Mandelson

    Labour is in “mortal danger” – “we need to save it again”, says Peter Mandelson

    Peter Mandelson has argued that Labour is in “mortal danger” . In an article in the Financial Times (£), the former cabinet minister and Labour campaigns director has warned against a Jeremy Corbyn victory. If the Islington North MP wins the leadership election, “that would be a very bad outcome for anyone who cares about fairness in our society or Britain’s place in the world”, Mandelson writes. Mandelson has called for a tightening of the rules over the leadership election […]

    Read more →
Share with your friends










Submit