Tuesday, September 12, 2006


Let no politician from any other party tell you that just because they have only been able to grow Scotland at 1.5%, 9% is not an entirely possible goal. Ireland managed an average of 7% over many years & a peak of 10.5%, China has averaged 10, Russia & the Baltic states have averaged 8% & world average growth is now calculated at 5% annually. We can get as far above the world average as we have been below it.

If we do not improve our economic performance the people of Scotland will be poorer than the average Chinese in 25 years time which would be a dreadful legacy to leave to the next generation.

Ireland & most of the others did this by cutting Corporation Tax to 12.5% & cutting regulations. We would do so also & expect, with Scotland's more entrepreneurial tradition, higher educational standards & scientific & technology base, together with the guarantee of unlimited inexpensive nuclear electricity, to do even better. While ultimate authority for corporation tax lies with Westminster Scotland could negotiate a cut so long as we were willing to fund it.- alternately Holyrood has the authority to provide rebates directly to businesses equal to a proportion of their tax. An increased Gross National Product, by definition, provides the best overall income to everybody.. To often politicians are beholden to special interest groups, of left, right or more often of government jobsworths all of whom may see getting a larger slice of the national cake for themselves as better than increasing it for everybody.

This http://www.tcsdaily.com/article.aspx?id=032805E gives a detailed run down of the causes of Ireland's success.

WE CAN MATCH & EXCEED IRELAND'S SUCCESS - THIS IS THE MOST IMPORTANT ISSUE FOR SCOTLAND'S FUTURE & ONLY THE 9% GROWTH PARTY IS WILLING TO GO TREAT IT AS SERIOUSLY AS IT DESERVES (though to be fair the SNP have made some stab at trying for 4% & the Labour party said at the last election that growth would be their "first priority" but have done nothing since)

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