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Thread: Indy 2

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  1. #11
    Join Date
    Jul 2006
    Location
    Highlands
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    3,124

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    Quote Originally Posted by Rheghead View Post
    So the oil fund would build up slowly just now which is eactlly the pace you would expect when the oil price is low. You are reinforcing the need for an oil fund. The oil was not a major feature of the budget anyway, it was always meant to be a bonus, especially under a green government..
    Would it, you see Salmond budgeted on a £7.5bn annual income from the oil.
    We are currently making nothing like that from oil, the oil fund would have the square root of zero in it.
    It is widely anticipated that the North sea oil industry is well past its peak and all I am seeing is job losses and decommissioning, which incidentally is not the industry some would have you think.
    We would have been on our tod in March, how would we have funded the country?
    A - Massive taxation increase
    B - Massive public spending cuts
    C - Combination of A & B

    I am not sure why you keep going on about this green government, we have the SNP not the Green party.
    Last edited by mi16; 25-Jun-16 at 14:23.
    W.A.T.P.

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