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So we outgrew the Eurozone?
HA/Ldr.Our recent economic "growth" in 2019 was heavily distorted by companies building up stocks as insurance against us crashing out of the EU with No Deal back in March.As a result, 1st quarter apparent economic activity was higher than expected.https://www.google.com/amp/s/amp.theguardian.com/business/2019/may/10/uk-economic-growth-picks-up-as-stockpiling-boosts-manufacturingIn the 3 quarters since then, our growth has been-0.1%+0.5%0.0%Unless we get a significan boost this quarter, our growth for FY 2019/20 will be a good way below the EU average.And remember. The EU is coming down from a mini-boom they experienced in 2016-2018, when quarterly growth averaged something around 0.6-0.7%, while ours limped along at something like half that.So even if we WERE doing marginally better than the EU at the moment, we've already lost a lot of economic ground since the Referendum, and we'd need several years of considerably better growth than theirs just to get back to the relative position we were in back in 2016.
That's what the EEC did for us BST. As has been said before. If it had remained the EEC rather than forcing down the path of a federal Europe then 2016 would never of happened
Wilts, The Irish Government has just been given a kicking in an election because of the cost of living etc. All roses? I don't think so buddy.
Well Sproty has a league table where he believes that countries which have a higher growth rate are doing better than others?Yet Selby thinks that a country with the highest growth rate in Europe for the past two years is not so rosy?They can't both be right. High growth is either good or bad - it can't be both?They can both be wrong tho. A high growth rate doesn't tell you how well a country is doing - it only tells you that some people in that country are doing well.The trick for politicians is how they can convince the people who are not doing so well who is to 'blame' for their inequality. You can fool all of the people some of the time....
Really good from the USA. Just shows what a good leader does