Any more Mr Micawber?

I had to laugh! The SNP announced today the next stage of their Scottish Futures Trust(SFT), (which as an alternative to PPP will be run by a private company!) at a conference at at Heriot Watt University, (rather than the Parliament, which is an interesting is less than democratic choice).

The big news is that it will bring £150m for all infrastucture a year... not just for schools but for everything, for the whole of Scotland. To put this is perspective, Labour put £2b into schools alone. Remember that this £150m they have announced is not new capital. Its a different type of borrowing and in the world of infrastructure its chicken feed, (the wave 3 schools in Edinburgh alone will cost £165m).

Its interesting that they didn't make any comment on the reaction to their consultation in which many people from across the board savaged the SFT idea as being so thin on detail that it would embarrass the back of a fag packet.

I think the SNP take the people for fools and think that by announcing a big number, (a la £25m for Council houses-- which will build around 25 in Edinburgh!), everyone will say its all ok.