Tag Archives: public sector spending

Gerry Adams twirling around the Northern Ireland public spending numbers

 

 

 

 

 

The former Sinn Fein leader, Mr Gerry Adams was recently arguing how Irish unity had become more an issue of “when” rather than “if”.

A critical plank of his argument was that Northern Ireland is not in fact as heavily subsidised by the UK Exchequer as many of us think: he believes the actual level of spending here is lower and as a result the gap or deficit between public monies spent and revenues raised by taxes in Northern Ireland is smaller than we are often told.

Amongst other things, if he is right, Irish unity could become more affordable. Mr Adams’s argument becomes something of a fiscal dance of the seven veils. With each sentence a few more billions come off!