LABOUR’S FAILED FINANCING SCHEME ‘DISHONEST’
SNP BUILDING SCHOOLS & HOSPITALS WITH PROPER INVESTMENT NOT MORTGAGES
Commenting on remarks made by the chairman of the Scottish Council of Economic Advisers, George Mathewson, at the Scottish Parliament’s Economy Committee where he described Labour’s preferred capital financing system as “dishonest and expensive”, committee member Stuart McMillan MSP said:
“George Mathewson has a wealth of experience in the world of finance and his comments reveal how badly Labour got it wrong with their preferred financing regime of public private partnerships.
“They have left a legacy of debt for future generations to pick up and the SNP is right to bring in alternatives.
“Labour's failed financing regime is leaving Scotland with a burden of ridiculously high repayments - set to reach a billion a year .
“In contrast it is the SNP which is building schools and hospitals with a proper investment system not the mortgage scheme Labour supports.
"As today’s unemployment figures show it is the SNP Government which has the right approach to improving Scotland’s economy whilst the London Labour government’s policies leave the UK lagging behind."
Posts
No comments:
Post a Comment