Not quite as bad as it looks

Douglas McWilliams, the chief executive of thinktank Centre for Economics and Business Research (CEBR) and himself a Scot, said that Scotland lacks entrepreneurship, misspends money and suffers from too much government intervention.

The country’s slow growth means that in less than 20 years it will have the same living standards as Korea, Poland and Turkey, which are rapidly catching up with Scotland. The result is that the country will be “merely a third world tourist destination” by 2030, said Mr McWilliams.

He\’s not actually saying that Scotland is going to get poorer, rather, that other places are going to grow faster and thus catch up.

And a government heavy, reliant upon the English dole, system seems a good way of doing that.

Think of it this way: it\’ll be a reduction in global inequality. Makes it much more acceptable, doesn\’t it?

3 thoughts on “Not quite as bad as it looks”

  1. Surreptitious Evil

    Has Poland ever been a “third world country”? It’s “first world” by definition and even managed to escape the worst of the Communist mis-management.

    I’m fairly sure Turkey is first world, as well, even if it has had a more bumpy ride through the centuries.

  2. “Think of it this way: it’ll be a reduction in global inequality. Makes it much more acceptable, doesn’t it?”

    Not unless you are already a monstrous statist…

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