Alex Salmond wants credit for not breaking the law

November 19, 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 Is Labour ready to appeal unashamedly to England?

    Is Labour ready to appeal unashamedly to England?

    Is Labour ready to appeal unashamedly to England? Whilst many party members feel (as I do) more British than English, that actually makes it more important to answer the question. Because whilst the Labour Party has in the past decade been more than comfortable in speaking directly to Scotland (something which is obviously in focus at the moment) and Wales (somewhere that is obviously under fire from the Tories at the moment), the same can’t be said about England. Sure, we’ve […]

    Read more →
  • News Why are the Lib Dems so shy?

    Why are the Lib Dems so shy?

    Regular readers will know that we’re always keeping an eye on Lib Dems leaflets. Their local propaganda sheets are always good for a questionable bar chart, or forgetting the name of the generic place their text is for – but they can also be quite shy about their party affiliation too. For example, take the “Islington Chronicle”. Sounds like a local paper, and there’s no Lib Dem logo and barely a splash of their trademark yellow. But it is, in […]

    Read more →
  • News Scotland Seats and Selections Have the Tories given up on Scotland?

    Have the Tories given up on Scotland?

    This morning we noted that the Tories haven’t selected candidates in nearly half of the most marginal Labour and Lib Dem seats. But what’s particularly telling is that in over 60% of target seats in the Midlands and the North they have so far failed to select a candidate, while the Independent claims that in Scotland there are no Tory parliamentary candidates at all. However, Mark Wallace over at ConHome notes that the Tories have in fact selected a total of two […]

    Read more →
  • News Labour go on UKIP offensive

    Labour go on UKIP offensive

    Labour have gone on the attack against UKIP, following the launch of their European election campaign over the weekend. Releasing a statement from Jon Ashworth, the Shadow Cabinet Office Minister, the response focusses on how right-wing UKIP are - suggesting this change of tack is to designed to put Labour supporters off switching their vote to Farage’s party. Ashworth said: “UKIP would have us believe they stand for working people but the truth is very different – they’re even more right […]

    Read more →
  • News Seats and Selections Tories yet to select candidates in nearly half of marginals

    Tories yet to select candidates in nearly half of marginals

    Out of the 75 most marginal Labour and Lib Dem held seats, the Conservatives have selected only 41 candidates for the next election, according to the Independent. Labour, on the other hand, have selected candidates in all but two of their top 50 target seats: With only a year to go until the general election, this shortage seems to suggest the Tories are not expecting to gain many seats. By this stage in a parliament, a party hoping to make […]

    Read more →