Thursday 22 December 2011

Alex where's your bottle?

Calton is not normally a fan of the Red Squirrel of the North however Danny Alexander is quite right in highlighting the dangers of Scotland becoming independent and yet continuing to use Sterling. If the SNP are sincere in their desire to have the fiscal levers needed to strengthen recovery, boost growth and create jobs then they need to have fiscal autonomy, ie their own currency and their own central bank. Becoming independent yet tied to Sterling would leave us in a worse position than we are at present. Ditto becoming independent and adopting the Euro. Calton is not the only one who is starting to question why Alex Salmond does not understand this. Does he not have the bottle to go for full independence for Scotland, political and fiscal?