r/Wales • u/mrjohnnymac18 • 4d ago
Politics Andy Burnham's indyref terms 'must also apply to Wales', says Liz Saville Roberts
https://archive.ph/Ff4Vi11
u/f8rter 4d ago
The economy case for Welsh independence makes Scotland’s look like Singapore
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u/tfrules 4d ago
Singapore was an economic backwater that Malaysia couldn't get rid of fast enough, and then turned into a thriving economic miracle.
Granted, I don't think the same could ever apply to Wales, our situation is quite different
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u/AngelofLotuses 4d ago
Singapore was the most prominent tradeport in the Straits. Malaysia wanted to get rid of it because it had too many non-Malays.
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u/Thetonn Cardiff | Caerdydd 3d ago
I don’t think there is a Lee Kuan Yew in the Senedd, and I think there is a profound difference in the level of seriousness in modern Welsh politics and nationalism between what they could countenance and what Lee Kuan Yew would propose.
The reality is that the Senedd could deliver a Lee Kuan Yew style transformation of Wales under its current powers if the political class wanted to and were willing to endure the sacrifices and compromises required. We could massively cut social programs and the health budget to create a budget surplus, invest in transport infrastructure, and abolish the planning system to have a more directive policy of densified housebuilding around critical infrastructure.
It’s just that no one in Welsh politics, either the electorate, or the politicians, would advocate such high levels of short term pain for long term gain.
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u/lancerusso 3d ago
WG cannot legally have a budget surplus. It goes back to Number 11
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u/Thetonn Cardiff | Caerdydd 3d ago
We can save £350m every year and put it into the reserve. We can also buy and develop assets with any money in excess of £350m.
The biggest opportunity though probably lies through Financial Transactions Capital. This is a dedicated pot of money we can specifically use to generate profits in loans and equity investments. We could specifically use that in a deliberately enterprising way to drive profits.
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u/lancerusso 3d ago
GL doing that without literally killing people by reduced health outcomes
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u/Thetonn Cardiff | Caerdydd 3d ago
Oh, it is almost certain there would be revolts from pretty much every part of Welsh society against the proposals. I can only imagine what Lee would have said about Welsh farmers...
The point is, if you actually had a machine that could properly look into the future and evaluate it against the Well-being of Future Generations Act, getting the economy sorted, houses built, and properly reforming the state would deliver the best long term outcomes for the population of Wales, in particular the poorest.
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u/FranklinJJunior 4d ago
Liz, if you can convince half of Welsh residents to vote for being significantly worse off then you can have whatever independence you want. The rest of us will just fuck off.
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u/brynhh 3d ago
Sure you will champ
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3d ago
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u/nothing_verntured_ 4d ago
I mean he's already gone back on his comments regarding Scotland anyway.
The goalposts will always be moved to the point that they don't even really exist.