Eluned Morgan , Next Labour Leader In Wales , I hope

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Feedie, humour a simpleton like me.

I'm taking the 5th

Are the current UK government estimated to be in over 2 trillion quids worth of debt, Covid-19 has probably upped that number?

probably nearer £2.2trn.

Did they balance the books through their austerity measures?

prior to Covid19 this government were getting towards balancing the books, which wasn't a bad effort overall. However there were social costs involved in doing this[/quote]

Did GDP fall during austerity?

GDP hit £3.1trn prior to Brexit, then it has fallen and is forecast to be around £2.6trn this year.

Hasn’t Brexit further fuucked the economy?

yes, quite considerably. Who knew!

If we are in 2 trillion quid over our heads where all this money from Laaaandaaan Town going? It’s not ending up in Perthcelyn.

Wales currently benefits from around £15bn in fiscal transfers each year. That is £5k for every man woman and child. We are not going to make those numbers up by selling water to the English or by developing green energy for sale. Wales' topography does not lend itself to a modern day economy, and as such we need to be careful about what we truly want from independence, if that is the goal. Because economically, we'd be a lot worse off than we are now.