The Student Room Group

Should Wales be independent?

hopefully independence #letthemgo

Edit: i didn't start this thread, the op got deleted, please stop bumping it!1!1!!!
(edited 3 years ago)

Scroll to see replies

Original post by HoldThisL
hopefully independence #letthemgo

Say no to devolution!
Original post by Saracen's Fez
I mean, yes, I second this!

I think something similar to what Scotland have announced. The timing's a bit odd because the date to legally renew lockdown is today but no public announcement will come until tomorrow.

If it's notably stricter than the new rules in Scotland then I think the WG will have to explain why their management of the situation so far has been worse than Scotland's, given Scotland is being equally cautious about lifting lockdown.

Why do Wales and Scotland want to be independent? Do they want to become even more irrelevant on the world stage?
Original post by Gundabad(good)
Why do Wales and Scotland want to be independent? Do they want to become even more irrelevant on the world stage?

Are the other smaller nations of Europe 'irrelevant on the world stage' in your view? If so, why is 'relevance on the world stage' important? Most smaller countries aren't exactly pushing to join a bigger country to boost their relevance, they prioritise controlling more of their own affairs.
Original post by Saracen's Fez
Are the other smaller nations of Europe 'irrelevant on the world stage' in your view? If so, why is 'relevance on the world stage' important? Most smaller countries aren't exactly pushing to join a bigger country to boost their relevance, they prioritise controlling more of their own affairs.

Wales and Scotland will still have some dependence on the UK. It'll be like the UK-EU negotiations, but with the UK as the EU and Wales/Scotland as the UK.
Reply 5
Original post by Gundabad(good)
Why do Wales and Scotland want to be independent? Do they want to become even more irrelevant on the world stage?


Certainly Scotland does.

Leavers here would be quite content with a country with as much stage presence as Norway, Sweden or Switerland.
Britain used to have the biggest empire the world had ever seen in the early 1920s. I wonder how low we can go one hundred years later with the Union being broken after more than 300 years.
(edited 3 years ago)
Reply 7
Original post by Gundabad(good)
Britain used to have the biggest empire the world had ever seen in the early 1920s. I wonder how low we can go one hundred years later with the Union being broken after more than 300 years.

Are going to argue in favour of the British Empire as was in the 1920s?
Original post by Quady
Are going to argue in favour of the British Empire as was in the 1920s?

No because there were good things about the British Empire but also many many bad things. I just think it's ironic seeing as the Union making up the "homeland" is weaker than ever.
Wales needs to the UK to maintain its spending. It contributes £19 billion to the UK every year but receives £27 billion. That's a difference of £8 billion a year. Do you think independence will make up for that?
Original post by Gundabad(good)
Wales needs to the UK to maintain its spending. It contributes £19 billion to the UK every year but receives £27 billion. That's a difference of £8 billion a year. Do you think independence will make up for that?

Because the UK never runs a budget deficit, of course...

The Welsh deficit figures can be spun any which way you like because of the way certain taxes are collected. For example, Tesco has a number of supermarkets in Wales, but the corporation tax paid by Tesco is counted as paid in England, because the HQ is in England. Under independence, they and every other business that trades cross-border would be paying Welsh corporation tax on the business they do in Wales.
Original post by Saracen's Fez
Because the UK never runs a budget deficit, of course...

The Welsh deficit figures can be spun any which way you like because of the way certain taxes are collected. For example, Tesco has a number of supermarkets in Wales, but the corporation tax paid by Tesco is counted as paid in England, because the HQ is in England. Under independence, they and every other business that trades cross-border would be paying Welsh corporation tax on the business they do in Wales.

What does Wales have that other countries want?
Reply 12
Original post by Gundabad(good)
What does Wales have that other countries want?

Water.
Reply 13
Original post by Gundabad(good)
Wales needs to the UK to maintain its spending. It contributes £19 billion to the UK every year but receives £27 billion. That's a difference of £8 billion a year. Do you think independence will make up for that?

Yes, by powers to raise debt and to have it's own central bank.
Reply 14
Original post by Quady
Yes, by powers to raise debt and to have it's own central bank.

Having a central bank does not inherently mean it would have money, never mind its rather doubtful many people would want to lend money to Wales, as an independent state, on agreeable terms.
Reply 15
Original post by Saracen's Fez
Because the UK never runs a budget deficit, of course...

The Welsh deficit figures can be spun any which way you like because of the way certain taxes are collected. For example, Tesco has a number of supermarkets in Wales, but the corporation tax paid by Tesco is counted as paid in England, because the HQ is in England. Under independence, they and every other business that trades cross-border would be paying Welsh corporation tax on the business they do in Wales.


This is largely bull-****. Luckily, coming from Scotland, we have a longer history of dispelling nationalist falsehoods.

The ONS is preparation of regional statistics notes that, in fact, it disaggregates corporation tax payments based among regions, where they are available, on employment data. More sophisticated methods are, of course, available: in Scotland, it is entirely disaggregated for official publications based on economic activity.

It, also, of course cuts both ways. Following your logic, every UK customer who bought an Admiral insurance policy (group headquarters in Cardiff) would be paying Welsh corporation tax. Which is obviously not a desirable statistical outcome.

Ditto for your "but the UK runs deficits too" argument. The problem is, of course, one of scale - to an eyewatering degree. The net fiscal balance of Wales is £13.7 billion (-19.4% of GDP) [GERW 2019, Cardiff University) - around £2 billion of that can even possibly be attributed to UK debt repayment. This would be, for any independent country, a terrifying figure: it would be impossible to sustain without slicing public spending in a way that would firstly reduce quality of life enormously, as well as causing an instant and incredibly deep depression.

Welsh nationalism only works if you can answer the question "what benefit will it provide, after it's made everyone in Wales incredibly poorer?"
Reply 16
Original post by Quady
Yes, by powers to raise debt and to have it's own central bank.

The idea that there'd be any option open to Wales other than Sterlingisation is claptrap really. A new currency would tank given the economic circumstances, and - of course - a bloody central bank isn't some sort of solution to an eye-watering deficit.
Original post by Quady
Yes, by powers to raise debt and to have it's own central bank.

Would people have any confidence in the Welsh central bank?
Original post by HoldThisL
hopefully independence #letthemgo


No, and they don’t want it either.

Devolution to Scotland and Wales was a huge mistake by the Labour Party and the worst PM of the last 50 years
Original post by paul514
No, and they don’t want it either.

Devolution to Scotland and Wales was a huge mistake by the Labour Party and the worst PM of the last 50 years

Blair weakened the Union. One of his worst mistakes.

Quick Reply

Latest

Trending

Trending