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Why is GERS C.R.A.P?
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- čas přidán 27. 08. 2020
- Why is the Government Expenditure and Review Scotland C.R.A.P?
Richard Murphy is a chartered accountant. After training with what is now KPMG he established his a firm of accountants in London, of which he was subsequently senior partner, in parallel with a career as an entrepreneur and company director which lasted until his early 40s. He then moved to a career in campaigning and academia. He co-founded the Tax Justice Network in 2003, the Green New Deal in 2008, the Fair Tax Mark in 2013 and the Corporate Accountability Network in 2019. From 2015 to 2020 he was Professor of Practice in International Political Economy at City, University of London and is now Visiting Professor of Accounting at Sheffield University Management School. His best known book is ‘The Joy of Tax’.
Follow Richard on his Twitter: RichardJMurphy or on his blog: www.taxresearch...
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Thank you. Deeply appreciated that you have presented it in such a way that makes it so easy to understand.
Richard, very clear analysis of the situation. Please post more videos. This is becoming a very important topic at the moment.
Graeme Glass
0 seconds ago
I looked at GERS report for 2021-22. Defence spending was £3.958 Billion or 4.1% of total expenditure. Then I did the same for the Republic of Ireland. It is 0.998 Euros(£0.87 Billion) or 1.24% of total expenditure. Similar sized populations, big coastlines with a relatively small border with the UK. The difference being the UK has -
1. 145 military installations in over 20 foreign countries
2. Nuclear deterrents in submarines and warheads
3. Aircraft carriers, destroyers and frigates etc
4. Tanks and other heavy armoured vehicles
5 Fighter jets, AWACs and other aircraft
6. Whitehall and several other large historical MOD HQ's.
And Scotland gets an 8.2% allocation of all this. An independent Scotland would have none of this. So it is not inconceivable that this current cost is £3 Billion overstated.
How many of the other allocated costs in GERS are similar?
Transport £4.48 Billion and 4.6% of total expenditure. Whereas ROI is 0.664 Billion Euros and 0.85% of overall expenditure. Is Scotland paying for HS2 and London Crossrail, when we get no benefit from it??
GERS is at best a fabricated estimate of Scotland's finances as part of the UK and has no resemblance to an Independent Scotland.
Thanks Richard for a very succinct explanation of the fiction in GERS.
@BreatheScotland and you still think GERS is a sound methodology?
I think that you should look at Mervin King’s assessment of the economics of an independent Scotland along with Business for Scotland’s website.
I don’t depend on information to reinforce my mindset but to shape it.
@BreatheScotland
I Have watched it proves he’s full of 💩 there were independent financial professionals there and not one backed him up
Unfortunately independence supporters won’t believe anything the detracts from the cause, no matter how strong the evidence against their point
It’s unbelievable how people will close their eyes to facts when it doesn’t suit their agenda, frightening
I learned in degree-level stats to always question base assumptions. The so-called cost benefit for HS2 is a classic example of statistical sophistry. GERS is now exposed as yet another. There are lies, damned lies and statistics. Yet the lies are increased exponentially when politicians get involved.
@@davidmcculloch8490 GERS as I understand it was put together by civil servants in Scotland on the request of Ian Lang, then the Conservative Government’s UK appointed Secretary of State for Scotland. It was biased from the get go. Even BBC journalists and interviewers tread carefully now when quoting from it.
It has no credibility.
@BreatheScotland Noooo... I think you'll find it is you that hasn't done the research. You unionists are really terrified we're having independence. Oh dear... 😅😅😅😅
Richard could we at Caledon Media secure an interview with you on budget deficits which are back in the news here in Scotland?
Thanks again Richard 👍
I think @BreatheScotland is on a mission to discredit Murphy. By taking so much time to respond negatively to virtually every positive comment on here shows how much of a threat to the establishment Murphy is 🤣🤣🤣
How much would it cost to project this video on to the side of Westminster Abbey?
Mr Murphy could make it whatever you want as he just makes it up as he goes along
@@macsmith6216 Really? You've got evidence to back that up, have you? Perhaps you'd like to show us this proof?
czcams.com/video/Ni5dTPBgLKE/video.html
I have read statements that all whisky exports are allocated to England because they leave through English ports. If true then it is easy to add the revenue generated from this onto Scotland's income to give a better statement. The same could be done for other sectors where a proportion can be allocated to Scotland. I believe the CIA (yes them) publish fairly accurate info.
Also that Scotland is allocated a cost of the new High speed train system and Crossrail in London. If true, then after independence, surely Scotland can demand a share of the ticket receipts.
Absolutely untrue your statement is completely untrue
It you like to check the Scottish Government’s own website it will confirm what you are saying is false, lies
You should be ashamed of yourself, an embarrassment to Scotland spreading this 💩
@@macsmith6216 But I have read them - so my statement is true.
@@MadTamB
I’ve also read the earth is flat does that mean it’s true
From the Scottish Governments own website
How are Scotch Whisky exports treated?
All international exports relevant to Scotch Whisky are counted as Scottish exports, irrespective of the port at which they depart the UK. The data is sourced from the HMRC Overseas Trade Statistics report.
ESS is designated as a National Statistics product, which means that it is produced independently of Scottish Ministers and has been assessed by the UK Statistics Authority as being produced in line with the Code of Practice for Official Statistics. This means the statistics have been found to meet user needs, to be methodologically sound, explained well and produced free of political interference.
Are Scottish goods which are exported via ports from the rest of the UK counted as international Scottish exports?
Yes. The ESS publication measures the destination of goods exported from Scotland regardless of the port from which they leave the UK
Go to the Scottish Government website on trade exports
Great explanation Richard👍
czcams.com/video/Ni5dTPBgLKE/video.html
Thanks once again your videos are a gem.
czcams.com/video/Ni5dTPBgLKE/video.html
Thank you for your hard work and trying to show the truth here . Much respect
@BreatheScotland you obviously watched the CUT version with Jackie Baillie
@BreatheScotland Then youll be well aware the Gers is actually based around Scotland in the Union and not as an independent country
@BreatheScotland figures can be manipulated very easily as you are trying to manipulate me with your Shit propaganda and made up figures.
I'm really not interested in your rubbish to tell the truth And i dont have to demonstrate anything to you So away and try and manipulate someone else who will believe your rubbish
Scotland has contributed far more to the union every year since Westminster Stopped keeping records out of concealment
Then you have issue's regarding the corrupt unionists like Jack Mcconnel and the returning of £1.5 billion to Westminster rather than implement equal pay; most likely how he managed to get his dirty wee robes.
this has been going on via corrupt Labour councils and politicians for years. thankfully many people in Scotland have become wise to the unionist lies of labour + Tory As we now see in elections the unionists only manage to get seats now by scraping past thanks to the D'hondt voting system
Sadly many sad sacks believe the bull and have done so for many years ( that may well be you ) the old manipulation trick that Scotland is subsidised just like England played on many other countries for example India
We are told Scotland would be bankrupt if we were not helped by Westminster. when in fact its actually the other way around .
The UK government labour at the time hid evidence (The Mccrone report ) which was classified TOP SECRET for about . 30 years. regarding Scotland's actual wealth and how it would be an embarrassment if revealed at the actual wealth of Scotland
Watch Dionhair Secrets on you tube
linki czcams.com/video/dM0JsBjcx2E/video.html
moving the sea border North was another issue which moved 8 oil wells into English waters to foo the scots into believing there wasnt really much oil in the sea note the you tube video THE STOLEN SEAS
note the former chancellor denis healey = the exclusive interview in the holyrood magazine regarding the OIL TAX COVER UP was also in the Sunday Post if i remember correctly
www.pressreader.com/uk/the-sunday-post-dundee/20130519/288583149847022.
Quote
Scotland “pays its fair share” and that “these myths” are simply perpetuated by those that oppose independence”. And that “Scotland’s oil wealth had been squandered by Westminster rather than invested, while being underplayed (in value terms) by the UK government to subdue calls for Scottish independence”.
I'm just getting started on the propaganda + corrupt politicians + cover ups + its all connected to #Darkmoney + offshore accounts Westminster is petrified /scared stiff of losing Scotland + our wealth in natural resources
Scotland has everything that it takes to be an extremely prosperous and successful independent nation, and more.
Scotland represents just 8.3% of the UK population....
Now remember that number 8.3%..
We contribute the following share of UK total resources..
- 32% Land area
- 61% Sea area
- 90% Surface fresh water
- 65% North Sea natural gas production
- 40% Wind, wave, solar production
- 96.5% North Sea crude oil production
- 47% Open cast coal production
- 81% Coal reserves at sites not yet in production
- 60% Fish Landings (total by Scottish vessels)
- 62% Timber production (green tonnes)
- 46% Total forest area (hectares)
- 92% Hydroelectric production
- 55% Fish Landings (total from Scottish waters)
- 30% Beef herd (breeding stock)
- 20% Sheep herd (breeding flock)
- 9% Dairy herd
- 10% Pig herd
- 15% Cereal holdings (hectares)
- 20% potato holdings (hectares)
All with 8.3% of the population!!! There are very few countries in the WORLD that rival Scotland's resources per head and in such rich diversity. We absolutely, unequivocally can be an extremely
successful independent country.
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+ In 2015, Scotland generated 59% of its electricity consumption through renewable sources
Back ups
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land area - www.bbc.co.uk/news/uk-scotland-24866266#:~:text=Scotland%20is%20the%20second%20largest,(5.3%20million)%20in%202012.
Land Area - en.wikipedia.org/wiki/Geography_of_Scotland#:~:text=The%20land%20area%20of%20Scotland,(9%2C910%20km)%20of%20coastline.
image - ichef.bbci.co.uk/news/800/media/images/71431000/png/_71431087_scotland_in_numbers_population.png
---
Fresh water - www.environment.gov.scot/media/1172/water.pdf
---
Hydro Electric - www.gov.scot/publications/scottish-energy-strategy-future-energy-scotland/pages/4/
---
Sea Area - www.gov.scot/news/protecting-scotlands-seas/#:~:text=%E2%80%9CScotland's%20seas%20account%20for%2061,whales%2C%20dolphins%20and%20basking%20sharks.
---
North se oil %
www.parliament.scot/ResearchBriefingsAndFactsheets/S4/SB_14-28.pdf
wind wave solar
en.wikipedia.org/wiki/Renewable_energy_in_Scotland
---
Coalmines
www.nsenergybusiness.com/features/coal-mining-uk/#:~:text=Ayrshire%2C%20Scotland,tonnes%20of%20fireclay%20per%20year.
---
en.wikipedia.org/wiki/Geography_of_Scotland
www.scotland.gov.uk/Publications/2011/03/16182005/21
www.environment.scotland.gov.uk/get-informed/water/
www.scotland.gov.uk/Resource/Doc/133434/0061924.pdf
www.scotland.gov.uk/Resource/Doc/133434/0061924.pdf
www.bgs.ac.uk/mineralsuk/mines/coal/occ/home.html
www.bgs.ac.uk/mineralsuk/mines/coal/occ/home.html
www.forestry.gov.uk/.../Woodproduction1976...
www.forestry.gov.uk/.../7c3602a5e6059a6480257c8900...
www.gov.uk/.../electricity_generation_and_supply.pdf
www.gov.uk/.../electricity_generation_and_supply.pdf
webarchive.nationalarchives.gov.uk/.../2011/final.pdf
webarchive.nationalarchives.gov.uk/.../2011/final.pdf
www.nfus.org.uk/farming-facts/what-we-produce
www.nfus.org.uk/farming-facts/what-we-produce
www.nfus.org.uk/farming-facts/what-we-produce
www.nfus.org.uk/farming-facts/what-we-produce
www.scotland.gov.uk/Publications/2013/06/5219/5
www.scotland.gov.uk/Publications/201Scotland represents just 8.3% of the UK population....
Do you want to talk about the corrupt labour + tory councillors regarding the PPP+ PFI issue regarding BILLIONs stolen from the people in Scotland = also England ?
without the corrupt drain from england Scotland would do rather well as an independent country
Regarding the Black hole of £15 bn Youll find Scotland has to service the UK debt and is charged £3 BILLION for this privilege to service this..
Go back to 1980-81 before the UK DEBT started to go out of control youll find via GERS Scotland had a surplus of cash well over £1BILLION and had a surplus up to around 1990 which equalled around £37-£38 BILLION this figure is with debt loading .
The oil is just another thing on top of our whisky + food + fish + tourism + other natural resources EG - wind technology and Wave technology and also new technology to come online in the near future ( carbon capture ) the oil may well be dropping in price Note - we have been in lockdown for nearly 1 year around the world due to COVID and the demand for oil has dropped hence the price drop as you say it will never become $90 dollars again .but as i said we have many other options in Scotland even though we have VAST quantities of oil enough to last well over 100 years we really do not want to use this and focus more on new technology . Oil can be used to kickstart help fund other projects ..
And please dont say we have no oil its running out as this has been a unionist myth since the late 1980/90 's we have all the untouched reserves down the West coast of Scotland which was blocked by Westminster + MOD for the creation + the building of the nuclear submarine base at Faslane . I remember the oil refinery that was built on the West coast to service this massive reserve - google Polphail refinery . Westminster couldnt have Glasgow turning into another powerhouse could they ..
Note i haven't even mentioned hurricane field the claire ridge project + the Clair ridge DEEP water project and a few others West of Shetland ..
And please stop with the PISH to try and belittle me in your tactics .
QUOTE
" You probably don't understand "
In this world you get lies, Dam lies and Gers reports.
The opening statement “C-R-A-P stands for a completely rubbish approximation of the truth” pretty much sets the tone here! I mean, if you can’t even spell a pneumonic… In any event, an independent Scotland would need to spend money on additional Government, defence and debt. Anyone who knows anything about budgeting and expenditure understands that how you attribute fixed costs is a major element of any budget - they also understand that this is always a bit of a black art as the required data is never available and reasonable assumptions have to be made. I’m not saying this man is wrong, merely that he is pointing out errors in the quality of data that everyone is aware of but not offering anything better - just like the U.K. and Scottish Govts who are clearly prepared to also accept these errors. Ask yourself, what is this man’s motivation and are we really saying that an independent Scotland would get a favourable divorce settlement from rUK that would allow us to walk away from any national debt with no additional government/administration costs or defence? Just think about the huge range of new Govt Depts, bodies, security services and functions we’d need to set up and the massive diseconomies of scale we’d encounter as we tried to create them at 1/10 of the size with 1/10 of the budget. He’s right - the numbers are wrong - I suspect they’re a massive underestimate of the deficit.
UK National Assets sit at £10 Trillion. On a divorce from the Union, surely Scotland is due about 8.2% of this. If they want Scotland to take 8.2% of the UK national Debt (£2.4 Trillion)
How can anyone offer anything better when we do not know for sure how much an independent Scotland would generate? Forget the currency for a moment because we could trade in anything we wanted as long as we had our own bank, down to the fact that the USA, Bank of England in fact any monetary institution that deals in "New Money" which is the promise to pay, not tied to something tangible such as Gold, like it used to be. We are not going to need the same amount of defence as England does, the same foreign politics, nuclear weapons, aunty beeb, or any of that. In fact, our politicians do not get the same amount as MP's do for example, the cost of travelling to Westminster for example, charged to the taxpayer will not be as much for an MSP or councillor.
Scotland cannot borrow, therefore, Scotland cannot run up a deficit. It's a mute point to make.
*Richard J Murphy* Thanks for this! Can't wait for More. Oh and Happy dare day! :d
czcams.com/video/Ni5dTPBgLKE/video.html
Republic of Ireland has a smaller population with more than twice the GDP of Scotland without nearly the resources of Scotland. This proves Scotland doesn't earn nearly what it could and would be better off as an Independent country. Better choices, better outcomes!
Ah yes, the "this country resembles Scotland is some aspect or other and is doing well, therefore, so would Scotland". Ireland success is largely being a tax haven. Moreover, it went through decades of economic stagnation after independence. And I asusme you remember when Ireland had to be baile dout by the EU (with conditions) and, yes...the UK?
Watching tankers loading over 1 million barrels of oil that will go direct to Rotterdam and be costed as from other sreas and never credited to Scotland.
talkin aboot?.. MON THE GERS!
Seems that the other Gers are crap also .
@@somjitleo champions of Scotland pal, the league may be shite but comparatively they're not. 'Mon the Indy and the Gers too!
The problem in Scotland is you can indeed fool most of the people ALL of the time .
While England did Brexit. Yeah... okay... 😅😅😅😅
There are so many unknowns unknowns but we know the known knowns and that is the English are taking the mickey out of Jocks as they have done since 1707... Poor Scotland 🏴 but if they don't vote for their independence then it serves them right....
Weren’t you absolutely ridiculed in front of a committee of independence financial professionals at a Holyrood committee
You couldn’t back up any claims or figures
Not true sorry
If what you say is sound and robust technically why don't you tell the SNP the truth .Also why have they accepted this position knowingly?I suspect you Professor are expounding garbage..
I think you'll find he has a phenomenal knowledge of macro economics and is a world leading expert in his field. He's not affiliated to any political party so is not peddling any agenda other than the truth
If you suspect that, then you should research and find out where he is wrong and write that down as a fact. Just saying that you suspect that someone is ‘expounding garbage’ without any proof, sounds like you are ... expounding garbage.
@BreatheScotland yes so after seeing copied and pasted numerous time to others comments you yoons can never seem to answer why if scotland being such a drain on the UK, why they're fghting so hard to hang on to us. i mean they ditched the EU and all its benefits to save 9 billion yet hold on to scotland which has no apparent benefits and costs 15 billion in a deficit. the tory cunts won't subsidize a spare bedroom never mind a whole country. someone is clearly cooking the books. so whether you choose to believe richard murphy or not is irrelevant. what's you economics background? honestly mate you're just rearranging the deck chairs on the titanic.
@@markdonnelly1397
No they didn’t ditch the EU the voting public ditched the EU, and if they were given the chance they would probably ditch us as well
It’s not just Scotland that’s subsided, Wales and Northern Ireland both receive subsidies there are plenty regions in England that are in the same boat, so do we throw them out of the Union
That’s what a Union does, money is spent supporting all of us, it not any different than say Spain or Italy annexing region because they are financially less prosperous
@@macsmith6216 so just another gammon comment with no answer to my question. you've still not explained why WM is trying so hard to stop scotland from leaving he yoonyin.
Wow, this has to be the worst explanation I have ever seen. Get your facts straight before making a video littered with errors.
What "errors?"
The truth hurts you doesn’t it Benjamin?
Yes Benjamin, what would a Professor of Practice in International Political Economics know anyway? Oh and he's ranked within the top ten global tax experts. He's also been credited for doing more than any other individual to bring to light the tax avoidance schemes of multinational companies. He is not affiliated to any political party. Just saying...
Ohh dear Benjamin.
Looks like someone has some learning to do.
There's a good boy, away and do your research!
@@isabelhodgson4091 Bang on!
This guy has no clue what he is talking about and should quit while he is ahead. The GERS figures are accurate and independently assessed. Even one of the world's leading economists Ronald Mcdonald says that the gers figures are accurate.
Anymore stupid and you'll need watering twice a day pal....
Sorry chappie your days are over....the ballshit is over now we have the real figures and once you see these presented you can reply
Aye, well Ronald McDonald should stick to making big macs then. :)