David Maddox: Why does Labour appear to revel in the economic ruin of other countries?
The answer to the above question is simple- it always applies to countries in the SNP's famous Arc of Prosperity.
Of course, the downfall of Iceland, Ireland et al (with possible exception of Norway) allows them to say that all the models the SNP have for an independent Scotland have proven to be hopelessly flawed and simply underlines the point that Scotland is better off in the Union.
Admittedly, the SNP has been made to look silly for playing up these countries as models of economic paradise for small nations. The success stories are still on the SNP website.
But, there does seem to be a gloating note in Labour press releases, which if I were Icelandic or Irish I might feel a bit miffed about. One always gets the feeling that they are itching for Norway to go under too. There was the incident involving the anti-terror laws and Icelandic assets too.
The latest press release came today undeer the name of Labour Dumfries and Galloway MP Russell Brown (pictured right) entitled: Arc of insolvency continues to embarrass Salmond.
In it he notes that interest rates in Iceland have today been cut to 17%.
“The fact that interest rates in Iceland are 34 times higher than in Scotland shows that we benefit from being part of the UK," he said.
“It’s not that big countries are immune from the world financial crisis – look at America – but big countries have the strength to weather the storm better.
“Today’s news is another embarrassment for Alex Salmond and his arc of insolvency. His belief that Scotland should be more like Iceland is utter nonsense.”
Given the appalling mess we find ourselves across the world, a little more solidarity with smaller countries might not go amiss.
Of course, the downfall of Iceland, Ireland et al (with possible exception of Norway) allows them to say that all the models the SNP have for an independent Scotland have proven to be hopelessly flawed and simply underlines the point that Scotland is better off in the Union.
Admittedly, the SNP has been made to look silly for playing up these countries as models of economic paradise for small nations. The success stories are still on the SNP website.
But, there does seem to be a gloating note in Labour press releases, which if I were Icelandic or Irish I might feel a bit miffed about. One always gets the feeling that they are itching for Norway to go under too. There was the incident involving the anti-terror laws and Icelandic assets too.
The latest press release came today undeer the name of Labour Dumfries and Galloway MP Russell Brown (pictured right) entitled: Arc of insolvency continues to embarrass Salmond.
In it he notes that interest rates in Iceland have today been cut to 17%.
“The fact that interest rates in Iceland are 34 times higher than in Scotland shows that we benefit from being part of the UK," he said.
“It’s not that big countries are immune from the world financial crisis – look at America – but big countries have the strength to weather the storm better.
“Today’s news is another embarrassment for Alex Salmond and his arc of insolvency. His belief that Scotland should be more like Iceland is utter nonsense.”
Given the appalling mess we find ourselves across the world, a little more solidarity with smaller countries might not go amiss.
Labels: David Maddox, Iceland, Labour, Northern Ireland, Russell Brown, SNP
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