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More good news not Thursday's GDP figure

245

Comments

  • Generali
    Generali Posts: 36,411 Forumite
    10,000 Posts Combo Breaker
    I think this Government now officially has The Whiff about it. If Tory newspapers are going to write that the phrase 'more good news' means Cameron is guilty of breaking the law then the next Government will be Labour, pretty much whatever happens.
  • Ronaldo_Mconaldo
    Ronaldo_Mconaldo Posts: 5,197 Forumite
    I think as punishment for implying good news, David Cameron should be forced to declare a recession for a further 2 quarters regardless of the actual statistics. That should keep the socialists and general doom-mongers happy for another 6 months.
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    0.4%.

    Can't be too optimistic now can I!
  • wotsthat
    wotsthat Posts: 11,325 Forumite
    I just want it to be positive so I can get the date in my diary for the announcement of the triple dip and make sure I'm here. I'll bring some nibbles.

    Today's figure 0.5% or so. There'll be some excitement for headline writers but that's about it.
  • Ronaldo_Mconaldo
    Ronaldo_Mconaldo Posts: 5,197 Forumite
    Triple dip. Because this double dip recession has been just awful it? Who cares?
  • Loughton_Monkey
    Loughton_Monkey Posts: 8,913 Forumite
    Part of the Furniture Combo Breaker Hung up my suit!
    chewmylegoff wrote: »
    Everyone knows how the estimates are prepared.

    The govt sends its agents onto Internet fora to start threads such as these. The agent then gathers the data, eliminates the top and bottom guesses and averages the rest. Then the next day the result is published as the official estimate.

    Didn't you forget the bit about how some of us deliberately give false estimates, using random figures [gleaned from Barclays Libor Data] so that the end figure is distorted?
  • GeorgeHowell
    GeorgeHowell Posts: 2,739 Forumite
    Generali wrote: »
    I think this Government now officially has The Whiff about it. If Tory newspapers are going to write that the phrase 'more good news' means Cameron is guilty of breaking the law then the next Government will be Labour, pretty much whatever happens.

    The next government may well be Labour, whatever. Much of modern Britain can't resist the lure of the promise of an easy way out. Labour routinely promises that, and then doesn't deliver it. But let's not allow the lessons of experience to get in the way of an emotive gut-reaction.
    No-one would remember the Good Samaritan if he'd only had good intentions. He had money as well.

    The problem with socialism is that eventually you run out of other people's money.

    Margaret Thatcher
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    GeorgeHowell wrote: »
    The next government may well be Labour, whatever. Much of modern Britain can't resist the lure of the promise of an easy way out. Labour routinely promises that, and then doesn't deliver it. But let's not allow the lessons of experience to get in the way of an emotive gut-reaction.

    So why didn't they re-elect Labour last time?
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
  • Loughton_Monkey
    Loughton_Monkey Posts: 8,913 Forumite
    Part of the Furniture Combo Breaker Hung up my suit!
    StevieJ wrote: »
    So why didn't they re-elect Labour last time?

    This is easy....

    It's a 2-word answer. One of which, I believe, is "Gordon".

    He's the guy who brought hitherto unknown depths to the word "unelectable".
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    grizzly1911 wrote: »
    I thought the Olympics had quite a depressing affect particularly in tourism and the City trading (not the finance type).

    There's more to UK tourism than London. ;)
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