The doom and gloom vs reality

[Old Greg]

And if you expand that graph it has actually risen to pretty much the highest it has ever been since what looks like 1989 - which was just before Labour got in again I think.

So it's all doom and gloom

except it's not is it?

Labour got in in 1997.

[GreenMirror]

Labour got in in 1997.

New Labour got in.

The Tories will have to do spectacularly bad to let Corbyn in. Which they might. Corbyn himself is bad but not disasterous. It is those behind him who are really worrying.

[BlasterBates]

And if you expand that graph it has actually risen to pretty much the highest it has ever been since what looks like 1989 - which was just before Labour got in again I think.

So it's all doom and gloom

except it's not is it?

You mean the world economy is booming and no-one is ordering from UK factories is "OK".

hmmm

[Platypus]

You mean the world economy is booming and no-one is ordering from UK factories is "OK".

hmmm

Is the world economy booming? I think not. Is UK growth weak? Sure.

Looking back over the last 5 years, UK has done better than the Euro zone. Looking back over the last year, it's done worse.

Lots of lovely stats here for you to prove whatever point you wish: https://tradingeconomics.com/euro-area/indicators

[sasguru]

To summarise: Brexit hasn't happened yet and the UK has gone from the fastest growing of the industrialised countries to the slowest growing - and that in a booming world economy. The pound has lost a substantial chunk of its value. Yes there is full employment but since productivity is abysmal and one the lowest in the G7, those seem to be bottom feeder jobs, due to lack of investment.
I can't wait till Brexit proper.

[sasguru]

Is the world economy booming?

By all accounts

https://www.telegraph.co.uk/business...nce-financial/
https://www.nytimes.com/2018/01/27/b...ing-noise.html
Many chief executives believe global economic growth will improve in 2018, however there are still risks: Trump's America First policy and Brexit | City A.M.

I think not.

Well, obviously.

[Old Greg]

To summarise: Brexit hasn't happened yet and the UK has gone from the fastest growing of the industrialised countries to the slowest growing - and that in a booming world economy. The pound has lost a substantial chunk of its value. Yes there is full employment but since productivity is abysmal and one the lowest in the G7, those seem to be bottom feeder jobs, due to lack of investment.
I can't wait till Brexit proper.

The treacherous elite are up to their old tricks again.

https://www.theguardian.com/politics...ank-of-england

[Whorty]

https://www.independent.co.uk/news/b...-a7044681.html

Tuesday 24 May 2016



Roll forward to 2018 and less than 11 months to "goodbye EU forever day"

FTSE 100 surges to a fresh record high - BBC News
https://www.independent.co.uk/news/b...-a8358351.html
Northern Ireland unemployment hits record low - BBC News
Scottish unemployment falls by 6,000 - BBC News
UK Jobless Rate Lowest Since 1975 | Morningstar

Brexit megaboom!

Back to reality .....

Carney: Brexit has cost households £900 - BBC News

Hope all those poorer households can afford £900 each

[Old Greg]

Back to reality .....

Carney: Brexit has cost households £900 - BBC News

Hope all those poorer households can afford £900 each

No need to panic. Johnson is already lying about it.

I believe that the chancellor of the exchequer has given a definitive answer on this matter, which is that it is not the case that Brexit has damaged the interests of this country.

[DimPrawn]

Back to reality .....

Carney: Brexit has cost households £900 - BBC News

Hope all those poorer households can afford £900 each

I will make that up invoicing for February 29th.