Brexit, The Economy and House Prices (Part 2)

A_Medium_Size_Jock

mayonnaise wrote: »

LOL
A poll of Express.co.uk readers.

.................... means more than the voice of one faceless internet poster every time?
Yup, that'll work for me.


*Disclaimer*
This is not intended to show support for any particular media publication.
However 2,500 voices command more respect than one.

A_Medium_Size_Jock

ilovehouses wrote: »

UK debt has nearly doubled since we last had a labour PM.

Disingenuous statement, that.
In terms of GDP it has increased from 65% in 2009/10 to 89% this year - nowhere near double. *

Also our deficit (the reason for the debt) is reducing, is it not?

The deficit in May stood at £6.7bn, down £300m compared with the same month last year, the Office for National Statistics said.
For the financial year-to-date, borrowing stands at £16.1bn, the lowest since the comparable period in 2008.
The UK has been struggling to fix its public finances since borrowing surged after the global financial crisis.

http://www.bbc.co.uk/news/business-40353392

* https://fullfact.org/economy/guide-economy-debt/

A_Medium_Size_Jock

ilovehouses wrote: »

What about 111,000 express readers in 2016?



http://www.express.co.uk/news/politics/643026/No-EU-Poll-proves-Britain-wants-out-eurozone

Down from 92% to 60% support for Brexit. Wow.

And did the UK in fact vote to leave the EU?
Has the referendum not resulted in the commencement of negotiations for Brexit?

setmefree2

Conrad wrote: »

What you think, any drawbacks or the sort of place we could achieve our global objectives from?

We'll have to wait I think - the Ukraine deal is very specific to the Ukraine tbh....

A_Medium_Size_Jock

ilovehouses wrote: »

National debt 2010 <£1tn. National debt 2017 £1.7tn. i.e. national debt has nearly doubled. Why you accuse me of lying I have no idea.

Measured as a % of GDP it's at post war highs.

..and yes we still have a deficit so debt isn't getting any smaller.

Ahem.
What I actually said was:

A_Medium_Size_Jock wrote: »

Disingenuous statement, that.

Perhaps a dictionary would help; I did not "accuse" you "of lying".
You are indeed persisting in being disingenuous.

Note the statement from my earlier post:

The UK has been struggling to fix its public finances since borrowing surged after the global financial crisis.

Indeed we do still have a deficit although (as said) that is decreasing.
Whether the public allow a continuation of that reduction and hence a return to surplus which will eventually lead to a reduction in our national debt is in their own hands. For example were May's government to fall and Corbyn gain control, there is much to suggest that the burden of debt would increase dramatically.

Measured as a % of GDP it's at post war highs.

Wrong.
As a % of GDP our national debt remained higher than it is now until the mid-1960's:


http://www.ukpublicspending.co.uk/debt_history

A_Medium_Size_Jock

ilovehouses wrote: »

You've drifted off topic. Probably inadvertently.

We knew the answers to those questions before you posted a poll showing 60% (out of 2,500) support for Brexit among Express readers and I showed you a poll (out of 111,000) showing support was previously 93%.

And your point is?
I remain on-topic despite your attempts, clearly stating there the correlation between the figures YOU provided and the eventual actual outcomes.

Are you again attempting to derail this thread and at the same time provoke me like you did yesterday, presumably because you do not like the fact that there are responses to your attempts at provocation?

A_Medium_Size_Jock

The latest on UK business confidence:

Business confidence rebounds to 18-month high despite decade's most difficult recruitment environment

http://www.cityam.com/267162/business-confidence-rebounds-18-month-high-despite-decades

A_Medium_Size_Jock

A request for Heathrow expansion from Lord Adonis:

Brexit and the UK's hung parliament should not hold up crucial projects such as the expansion of Heathrow airport, the government's top infrastructure adviser has said.
There must be a limit to the "dither and delay", said Lord Adonis, head of the National Infrastructure Commission.
He told the BBC that Brexit meant the UK had to be "open for business".

http://www.bbc.co.uk/news/business-40402414

A_Medium_Size_Jock

ilovehouses wrote: »

The point is if 60% of Express readers would today vote for Brexit whilst 93% of them would've voted Brexit in February 2016 it means there's been a dramatic decline in support for Brexit among its most fervent supporters.

It could be both polls are complete nonsense but I'm just a single faceless poster and I wouldn't dare to dismiss the views of so many people.

Whether you would dismiss their POV's or not doesn't actually matter though does it .................. or do you think that if you do the referendum outcome of Brexit will somehow alter?

Still no response to your grammatical misunderstanding or your error on GDP/Debt ratio which was posted before that?
Or are we witnessing what appears more and more to be purely an attempt to get this thread closed too?

Archbishop slams MPs as he calls for wartime spirit in Brexit talks

http://www.itv.com/news/2017-06-25/archbishop-slams-mps-as-he-calls-for-wartime-spirit-in-brexit-talks/

Herzlos

Conrad wrote: »

Secondly I had not anticipated Labour offering to wipe out the entire debt of middle class privileged students, giving them even more life advantage. A total bribe and another cost that would have put us in a precarious position when the next recession hits.

Why would having a geneation of young pofessional adults without the burden of crippling debt leave us in a precarious position? That's people more likely to be able to keep up their mortgage payments, and more likely to spend money in the economy.

Plus whilst it may help the middle class; it should help the working class more, no? Must be a lot of bright people who can't afford the £7k/year in tutition fees alone.