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Digital Subscriptions > The Oban Times & Lochaber Times > 7th September 2017 > Explaining economic madness of GERS

Explaining economic madness of GERS

Sir, A nice simple way to understand Government Expenditure and Revenue Scotland (GERS).

Imagine the scenario: there’s a hard-working, decent, diligent teenager living at home with is parents.

He takes home £300 per week and his dad takes all his wages from him and hands back £50 a week, which is barely enough to cover his travel to work and food. The other £250, his dad squanders on stupid vain ideas.

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