{"id":20252,"date":"2013-04-23T10:31:42","date_gmt":"2013-04-23T09:31:42","guid":{"rendered":"http:\/\/www.taxresearch.org.uk\/Blog\/?p=20252"},"modified":"2013-04-23T10:31:42","modified_gmt":"2013-04-23T09:31:42","slug":"memo-from-the-treasury-democracy-is-fine-unless-it-is-for-scotland","status":"publish","type":"post","link":"https:\/\/www.taxresearch.org.uk\/Blog\/2013\/04\/23\/memo-from-the-treasury-democracy-is-fine-unless-it-is-for-scotland\/","title":{"rendered":"Memo from the Treasury: Democracy is fine unless it is for Scotland"},"content":{"rendered":"<p>This, <a href=\"http:\/\/www.guardian.co.uk\/politics\/2013\/apr\/23\/independent-scotland-endanger-sterling\" target=\"_blank\">from the Guardian<\/a>, is quite shocking:<\/p>\n<blockquote><p>The Treasury has warned that it could refuse to agree a formal currency union with an independent\u00a0Scotland\u00a0unless Scottish public spending was heavily restrained and the country cut its debts to reassure the markets.<\/p><\/blockquote>\n<p>The message is loud and clear and is that despite austerity failing and whatever the Scots decide on independence the Treasury is going to seek to decimate the\u00a0Scottish\u00a0economy and ruin\u00a0ordinary\u00a0Scot's prospects. I think there there are three fair\u00a0reactions.<\/p>\n<p>The first is \"I admire the Treasury's faith in democracy\".<\/p>\n<p>The second is quite unpublishable and would be what I would be saying if I was Scottish.<\/p>\n<p>The\u00a0third\u00a0is that here we have another bankrupt idea,\u00a0which\u00a0is that states should share a currency. They clearly should not. It really is time the SNP got their heads round that, and soon.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>This, from the Guardian, is quite shocking: The Treasury has warned that it could refuse to agree a formal currency union with an independent\u00a0Scotland\u00a0unless Scottish<br \/><a class=\"moretag\" href=\"https:\/\/www.taxresearch.org.uk\/Blog\/2013\/04\/23\/memo-from-the-treasury-democracy-is-fine-unless-it-is-for-scotland\/\"><em> Read the full article&#8230;<\/em><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35,140],"tags":[],"class_list":["post-20252","post","type-post","status-publish","format-standard","hentry","category-economics","category-scotland"],"_links":{"self":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/20252","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/comments?post=20252"}],"version-history":[{"count":0,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/20252\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/media?parent=20252"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/categories?post=20252"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/tags?post=20252"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}