ToryGraph - May's absurd Brexit plan

[PurpleGorilla]

ToryGraph - May's absurd Brexit plan

Thick Brexiters keep citing youth unemployment rates in Southern Europe as evidence of EU failure forgetting the following:

1. These countries had these high rates well before joining the EU and Euro.
2. Part of it is cultural: Latins have always been less independent and stayed at home with mummy and daddy till their late 20s. Leaving home at 18 isn't in their culture.
3. The youth unemployment ratio is a more accurate measure.

It's quite clear that Brexiters, sad fookers as they seem to be, seem to be more interested in EU failure , now that they've realised Brexit is going to be a disaster.
Thick fookers the lot of you

Compare the 2007 and 2016 figures for Italy, Greece, Spain, France, Portugal.

[PurpleGorilla]

ToryGraph - May's absurd Brexit plan

Yet the UK has the worst growth and production efficiency rates of any EU country. Quite an achievement when so many are gainfully employed wouldn't you say?

Linky

This table suggests we aren't at the bottom.

http://ec.europa.eu/eurostat/tgm/tab...00115&plugin=1

[sasguru]

Compare the 2007 and 2016 figures for Italy, Greece, Spain, France, Portugal.

Indeed the global economic crisis sparked by sub-prime mortgages in the US that started in 2007 seems to have hit them hard.
Although I wonder how much the UK's better employment rates simply reflect our abysmal productivity.

'Worst decade for UK productivity since Napoleon'

Basically more people in work doing less.

[OwlHoot]

AEP is magnificent. I imagine that he writes his pieces dressed n his sub-tropical issue pyjamas and dressing gown in a ruined Greek temple, lost in the depths of laudanum while Bedouin boys dance around him to the rhythms of Beelzebub. ...

Not everyone has to find their inspiration the same way as you!

Anyway, how come you're taking the mick out of AEP when he appears to be singing from the same hymn sheet as you?

[northernladyuk]

Not everyone has to find their inspiration the same way as you!

Anyway, how come you're taking the mick out of AEP when he appears to be singing from the same hymn sheet as you?

I've always liked AEP, whether I agree with him or not. He offers interesting insights. He is faintly ridiculous though.

[PurpleGorilla]

Indeed the global economic crisis sparked by sub-prime mortgages in the US that started in 2007 seems to have hit them hard.
Although I wonder how much the UK's better employment rates simply reflect our abysmal productivity.

'Worst decade for UK productivity since Napoleon'

Basically more people in work doing less.

It's all a bag of dog tulip!

[original PM]

Yet the UK has the worst growth and production efficiency rates of any EU country. Quite an achievement when so many are gainfully employed wouldn't you say?

And exactly how do you measure that?

Especially given we are mainly a service and tech country......

[OwlHoot]

'Worst decade for UK productivity since Napoleon'

Basically more people in work doing less.

That ridiculous comparison confirms that a productivity measure based on GDP is completely spurious and absurd.

[PurpleGorilla]

That ridiculous comparison confirms that a productivity measure based on GDP is completely spurious and absurd.

Does productivity consider quality or just quantity?

[BlasterBates]

Unemployment in Spain isn't actually as high as the official figures suggest as many companies use temporary or casual labour, which still count as unemployed, i.e. you can't compare Spain to the UK. In the UK they would be "employed" on zero hours contracts. In any case if a young Spaniard really wants a job he can easily get one else where in the EU. If Spain introduced the same reforms you've seen in Germany or the UK their unemployment would drop like a stone.