We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
Debate House Prices
In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non MoneySaving matters are no longer permitted. This includes wider debates about general house prices, the economy and politics. As a result, we have taken the decision to keep this board permanently closed, but it remains viewable for users who may find some useful information in it. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Uh ohh.....please not more snow!
Comments
-
IveSeenTheLight wrote: »I recall going to school in about 2 feet of snow
I'm old enough to remember the Winter of 1963, one of the coldest Winters on record in England and Wales. We had no central heating, and I walked the two miles to school most days.......aged 8.0 -
I'm not sure why it so difficult to grasp that this is economics. People going to work makes output. Output is GDP.
If people can't get to work because of snow, floods or zombies then output falls and so does GDP.
Sort of; many, if not most business support staff (accounts, HR, IT whatever) don't directly contribute GDP and any work they miss due to time off will have to be caught up in the following days.
People providing a service or manufacturing a product obviously do directly contribute to GDP, however you'll find that companies in those sectors will do a lot to make sure as many people can get in as possible to avoid wasting capacity.Having a signature removed for mentioning the removal of a previous signature. Blackwhite bellyfeel double plus good...0 -
mystic_trev wrote: »I'm old enough to remember the Winter of 1963, one of the coldest Winters on record in England and Wales. We had no central heating, and I walked the two miles to school most days.......aged 8.
The snow didn't melt at all between December 1962 and March 1963. Schools didn't close nor did workplaces.
People, to coin a phrase, kept calm and carried on."When the people fear the government there is tyranny, when the government fears the people there is liberty." - Thomas Jefferson0 -
Sort of; many, if not most business support staff (accounts, HR, IT whatever) don't directly contribute GDP and any work they miss due to time off will have to be caught up in the following days.
People providing a service or manufacturing a product obviously do directly contribute to GDP, however you'll find that companies in those sectors will do a lot to make sure as many people can get in as possible to avoid wasting capacity.
+1.
A day or two of bad weather isn't going to materially affect GDP it simply displaces/delays it. At this time of year social discretionary spend is possibly at it's lowest point anyway.
I accept that prolonged periods would have an impact."If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....
"big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham0 -
IveSeenTheLight wrote: »I thought you said on another thread you couldn't get to work without your car, no other means of transport was viable.
How does that compute if similar people find roads impassable?
My direct reports all have laptops / VPN's so they could work remotely. I don't think this is the norm throughout the country.
You make a good point though that previous generations coped better than the current ones.
I was working mobile form the later 90s obviously Broadband./VPN helped enormously when that became widely available.
I am sure that most key decision makers have some form of mobile capacity these days and mobile phones have certainly added flexibility.
Perhaps mobiles contribute to the "panic effect" whereas before you would simply have got out and got on with it."If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....
"big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham0 -
Graham_Devon wrote: »This snow could apparently knock 0.1 to 0.2% off GDP. Not sure how it's been worked out. Seemed to be a very crude "a 3rd of workers haven't gone in today, therefore a 3rd of productivity is lost", and ta da, you've got your reason for every bit of bad news for the next month. People don't work from home anymore, people can't get anything done anymore on the move (regardless of everything they have told us before now about mobile working thanks to technology). Everything has gone out of the window.
I don't see why it's so difficult to grasp that the weather impacts the economy and, if it's disruptive, it will impact economic output the same as any other one-off event.
I blame the economists personally. I'm having a real problem buying BBQ charcoal at Tesco at the moment and the choice of sun cream is a disgrace.0 -
IveSeenTheLight wrote: »I thought you said on another thread you couldn't get to work without your car, no other means of transport was viable.
How does that compute if similar people find roads impassable?
My direct reports all have laptops / VPN's so they could work remotely. I don't think this is the norm throughout the country.
You make a good point though that previous generations coped better than the current ones.
I was working mobile form the later 90s obviously Broadband/VPN as helped enormously as that became widely available.
I am sure that most key decision makers have some form of mobile capacity these days and mobile phones have certainly added flexibility.
Perhaps mobiles contribute to the "panic effect" whereas before you would simply have got out and got on with it."If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....
"big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham0 -
I blame the economists personally. I'm having a real problem buying BBQ charcoal at Tesco at the moment and the choice of sun cream is a disgrace.
Sales of rock salt, snow shovels, deicers, washer fluid, hats gloves , warm clothes, boots are doing pretty well.
The other item that is helping the motoring sector is the increased sales of winter grade tyres. I do wonder how my first car made it on cross plys."If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....
"big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham0 -
I'm not sure why it so difficult to grasp that this is economics. People going to work makes output. Output is GDP.
If people can't get to work because of snow, floods or zombies then output falls and so does GDP.
Please understand that.
Does this discussion seem bizarre given the sort of weather you are getting and the problems that it is causing?"If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....
"big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham0 -
grizzly1911 wrote: »Does this discussion seem bizarre given the sort of weather you are getting and the problems that it is causing?
It's become normal. I moved out here during the worst November for xx years to the hottest summer for xx years.
The only time that is weird is the advent period. It is not right for December to be warm and sunny with the weather getting better not worse. Not right at all. Most of the year it's fine that our weathers are different. From March - December, Sydney weather is generally within the range of what would be expected in the May - September period for SE England. We just miss the very cold stuff and you miss the very hot stuff.
I'd rather have half a foot of snow than a bush fire to deal with!0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354K Banking & Borrowing
- 254.3K Reduce Debt & Boost Income
- 455.2K Spending & Discounts
- 247K Work, Benefits & Business
- 603.6K Mortgages, Homes & Bills
- 178.3K Life & Family
- 261.1K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards