13 February 2014

Danny Alexander's currency union u-turn

Lib Dem Voice (among others) reports Danny Alexander has ruled out a post Scottish independence currency union in the strongest possible terms.  He states: "a currency union would create unacceptable risks both for Scotland and the rest of the United Kingdom."

This surely can't be the same Danny Alexander as press spokesman for the pro european currency union campaign Britain in Europe who told the Guardian in 2002, "When the euro fell below dollar parity, anti-Europeans were rubbing their hands with glee. There's egg on faces now,"

Now I don't know whether Danny actually now believes currency unions 'create unacceptable risks' or has simply gone native and is just parroting the Osborne Treasury line.  But what I do know is that it is stupid politics both for the 'No' campaign and the Lib Dems.

It's stupid for the No campaign as there is nothing more certain to get the opposite reaction in Scotland than for Westminster politicians to tell the Scots what they can do.  And it is stupid for the Lib Dems as they have denied themselves the opportunity to point this out.

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