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If Churchill was alive today he'd be turning in his grave.
Bentley Bullet and Filo perhaps as they are dedicated disciples of Brexit, Rees- Mogg and the Sun , once I would have said Sprotyrover but the penny seems to have dropped judging by recent posts - welcome to Project Reality . The Project that keeps on giving ......or perhaps takes away !
Quote from: hoolahoop on March 09, 2018, 01:48:32 amBentley Bullet and Filo perhaps as they are dedicated disciples of Brexit, Rees- Mogg and the Sun , once I would have said Sprotyrover but the penny seems to have dropped judging by recent posts - welcome to Project Reality . The Project that keeps on giving ......or perhaps takes away !I would n't wipe my arse with the Sun, and Rees- Mogg is a cock, but it's the insulting jibes like yours that sometimes harden peoples stance, you can't make a post without having a pop because someone disagrees with you
SelbyI’m sure it’s a combination of people feeling left behind in some cases and concerns about immigration in other cases. I said back in 2010 when Austerity started that this was a very dangerous game. Depressing people’s living standards for a long time does make people, understandably, want to hit out. It’s happened throughout history and it was utterly predictable. But I’m baffled by you saying that you’d now vote Leave out of principle. What principle is that? Surely you accept that all the main arguments put forward by the Leave campaign have been shown to be based on lies? No one credible now claims that we’re going to be better off. The very head of the Leave campaign has gone on record stating that the £350m lie was central to Leave winning. The economic hit that the Remain side predicted is already happening. Our economic growth has fallen behind that of almost every developed country since June 2016, with the rest of the world enjoying a boom. Inflation has gone up, as predicted. The Irish problem has proved to be every bit as tough as the Remain side predicted. The Govt has said that there is not going to be a substantive change to immigration policies over the foreseeable future.What principle would you be defending by changing your vote?
Is there any positivity to be taken from this?https://www.economist.com/blogs/economist-explains/2018/01/economist-explains-8
Year-on-year GDP growth for the OECD area accelerated to 2.6% in the third quarter of 2017, compared with 2.4% in the previous quarter. The United Kingdom recorded the slowest growth (1.5%) among the Major Seven economies, slipping from second highest in mid-2016.
The global economy has also helped. The Brexit vote coincided with the beginning of the first worldwide economic upswing in years. Global trade volumes have grown decently, despite Donald Trump’s scary rhetoric. Firms from Seattle to Shanghai have recovered some of their animal spirits and are willing to invest once again. Britain, an economy highly dependent on international trade, has been swept along with everyone else.
Wilts, what are your views on the positive statements such as house prices are steady, unemployment has dropped, recession has been avoided?
SprotyRelative to us, yes they are. Their recent, current and projected near-future GDP growth figures are all higher than ours.
Quote from: Bentley Bullet on March 10, 2018, 11:29:20 amWilts, what are your views on the positive statements such as house prices are steady, unemployment has dropped, recession has been avoided?I am happy about it (although the stats last week about the fall in house price and all the job losses since Christmas are worrying). What are your views Bentley on the author's opinion that those measures and the economy in general is at risk by an no deal Brexit?
BBAnd so we go round the hamster wheel again. Our GDP growth rate has dropped by about 1% since the Brexit vote. The growth rate of the other OECD countries has risen by over 1%. Had the rest of the world not experienced a boom and led to an unexpected increase in global economic activity from which we have benefitted, we WOULD have slipped into recession. You’re not thick, but this now must be 5 or 6 times that I’ve made this point to you and you’ve never once addressed it. You just come back with variations on the same argument every time. You’re really not thick but you are doing a good job of trying to convince me that you are so I’ll break it down into really simple steps. 1) Before June 2016, the overwhelming majority of economists predicted that a Brexit vote would lead to a significant weakening in economic performance compared to that of other countries. 2) The given the then state of the world economy, the conclusion was that we would therefore tip into recession. 3) After the Brexit vote we’ve had a significant weakening in economic performance. Our GDP growth rate has dropped by about 1% compared to what it was in early 2016 whilst the growth rate in EVERY OTHER one of the OECD Big 7 has increased and average OECD growth rate has gone up by about 1%. 4) The fact that the world economy (apart from us) is hitting a boom has prevented us from tipping into outright recession. 5) But, our economy which was doing reasonably well in 2015/16 now has a growth rate which is 41st out of the 44 richest countries in the world. 6) Consequently, whilst we’re not in a technical recession, we are missing out on the boom that the rest of the world is experiencing and we are getting progressively poorer compared to almost every other developed nation in the world. Just as the economists predicted we would.