0.8% is hugely impressive?

 

For one quarter yes, if that was maintained over a year that is 3.2% over a year, it won't be as high as that but probably end up about 2.5% for the year which is very strong indeed

 

Most countries out there atm 0.8% over a year would be a wet dream let alone achieving that in one quarter

I think we can only make one point at a time to Craig because he only jumps to the most convenient to respond to, seemingly allowing him to ignore the rest. </3

 

I'm sure someone will come round to point out the usual caveats, but 0.8% growth is good YES. The short-run performance of the economy doesn't worry me too much.

Not really. It's good but good average - the US has been posting similar growth rates for a while now. It's hugely impressive in the same way a 7/10 is hugely impressive.

I think we can only make one point at a time to Craig because he only jumps to the most convenient to respond to, seemingly allowing him to ignore the rest. </3

 

I'm sure someone will come round to point out the usual caveats, but 0.8% growth is good YES. The short-run performance of the economy doesn't worry me too much.

 

The other day i replied to 7 posts in one spree, i reply to everything i can

No mention then on here of the hugely impressive growth figures

 

Conservatives - Putting the Great back into Britain

 

Yes, good figures - almost as good as the growth we were getting under a Labour government back in 2010. :D

http://research.yougov.co.uk/news/2013/10/...pur-gdp-growth/

 

Another piece of great news, consumers feeling good too

 

Soon this will filter into the opinion polls

 

Why would you expect it to impact on the opinion polls, when the double-dip recession or any of the other economic troubles didn't negatively impact on their poll ratings? It's pretty obvious that the average person at this point doesn't believe or pay any attention to the official economic figures; most people think there's been a continuous non-stop recession ever since 2008, and will still think that now since all the benefits from this recovery are going to the wealthiest tier.

After 5 years of recession feelings mostly the only way is up. Come back in another 5 year's with concrete proof it's not a blip and we can then celebrate. In the meantime it's more a feeling of relief it hasn't got any worse lately. Not so much glass half full as claiming it's half full when the barmans added a bit of froth to the empty glass:-)

Edited October 25, 201311 yr by popchartfreak

Why would you expect it to impact on the opinion polls, when the double-dip recession or any of the other economic troubles didn't negatively impact on their poll ratings? It's pretty obvious that the average person at this point doesn't believe or pay any attention to the official economic figures; most people think there's been a continuous non-stop recession ever since 2008, and will still think that now since all the benefits from this recovery are going to the wealthiest tier.

The recovery is very heavily concentrated in London and the south-east with the rest of the country being left behind. Regardless of the growth figures most people still feel they are getting worse off and they are right.

The recovery is very heavily concentrated in London and the south-east with the rest of the country being left behind. Regardless of the growth figures most people still feel they are getting worse off and they are right.

 

Apparently house prices are rising in the North East faster than any part of the country bar central london

 

North East is a strong labour territory so rising house prices and geordies feeling richer could change that in May 2015

I just don't understand why you think people measure their quality of life on how expensive house prices are.

 

And I thought the Tories didn't believe in regions?

I just don't understand why you think people measure their quality of life on how expensive house prices are.

 

And I thought the Tories didn't believe in regions?

 

It is not the be all and end all, not even close, but rising house prices give people a feeling of wealth even if it is just on paper

 

It swings the balance between buying that new car or not or that new 3D TV or that luxury holiday

 

 

I just don't understand why you think people measure their quality of life on how expensive house prices are.

 

And I thought the Tories didn't believe in regions?

 

While I don't particularly believe in regions I also realise the only way to get a majority at the next election is to win seats that labour currently hold so it is important to make people in labour seats feeling more confident about their jobs and the value of their house

 

Virtually the whole of the south east votes tory so house price rises there are just preaching to the converted

 

 

It is not the be all and end all, not even close, but rising house prices give people a feeling of wealth even if it is just on paper

 

It swings the balance between buying that new car or not or that new 3D TV or that luxury holiday

No it doesn't. It doesn't matter how much your house has risen in value, if your wages have fallen in real terms and prices keep rising then you won't make purchases like that as you don't have the physical cash to do so. Equity in your home is not real money, it's a wooly estimate at best that has no impact on your disposable income.

 

It's all fine and well suggesting that higher house prices may lead to more people borrowing against that equity but that's how we ended up in this mess in the first place.

No it doesn't. It doesn't matter how much your house has risen in value, if your wages have fallen in real terms and prices keep rising then you won't make purchases like that as you don't have the physical cash to do so. Equity in your home is not real money, it's a wooly estimate at best that has no impact on your disposable income.

 

Exactly. House prices are a rich man's obsession.

 

Anywho, as expected, the so-called economic recovery has not given the Conservatives any lift in the opinion polls: in fact, Labour's lead has crept up slightly the past few days (admittedly it's still lower than it was for most of 2012, but atleast they're stopping the rot and repairing some of the damage done by their disastrous embrace of Tory-lite policies earlier this year). People simply don't care about what some disconnected official figures say about the economy when it clashes so much with what they're experiencing in their lives.

Edited October 29, 201311 yr by Danny

No it doesn't. It doesn't matter how much your house has risen in value, if your wages have fallen in real terms and prices keep rising then you won't make purchases like that as you don't have the physical cash to do so. Equity in your home is not real money, it's a wooly estimate at best that has no impact on your disposable income.

 

It's all fine and well suggesting that higher house prices may lead to more people borrowing against that equity but that's how we ended up in this mess in the first place.

 

The last bit is the important bit

 

One of our sales team left a few weeks ago, according to his Facebook he has borrowed £38k against the value of his house to set up his own business, rising house prices clearly gave him the confidence to do it, given the first 6 months of the year were a record for new business start ups in this country I think a lot of people have done what he did

 

 

Exactly. House prices are a rich man's obsession.

 

Anywho, as expected, the so-called economic recovery has not given the Conservatives any lift in the opinion polls: in fact, Labour's lead has crept up slightly the past few days (admittedly it's still lower than it was for most of 2012, but atleast they're stopping the rot and repairing some of the damage done by their disastrous embrace of Tory-lite policies earlier this year). People simply don't care about what some disconnected official figures say about the economy when it clashes so much with what they're experiencing in their lives.

 

I can only speak for my area (south coast) but i see far more cars on the road than in recent years, many with new plates, queues in shops seem more than this time last year, I am finding my local Waitrose car park far more full, in this part of the country people seem confident about the recovery

Exactly. House prices are a rich man's obsession.

 

Anywho, as expected, the so-called economic recovery has not given the Conservatives any lift in the opinion polls: in fact, Labour's lead has crept up slightly the past few days (admittedly it's still lower than it was for most of 2012, but atleast they're stopping the rot and repairing some of the damage done by their disastrous embrace of Tory-lite policies earlier this year). People simply don't care about what some disconnected official figures say about the economy when it clashes so much with what they're experiencing in their lives.

 

Labour have extended their lead a little but imho it is a blip because of energy prices, Ed's energy price freeze while flawed is very popular atm while energy companies are scamming us all with 9-10% rises but i am confident our poll ratings will bounce back in the new year when next years salary increases are announced to voters

 

With businesses doing well atm i think pay rises for the next tax year will be pretty high which will make voters more confident

Let's put a pound in a jar every time Craig judges what the situation in the whole country is like based off someone he knows.

Labour have extended their lead a little but imho it is a blip because of energy prices, Ed's energy price freeze while flawed is very popular atm while energy companies are scamming us all with 9-10% rises but i am confident our poll ratings will bounce back in the new year when next years salary increases are announced to voters

 

With businesses doing well atm i think pay rises for the next tax year will be pretty high which will make voters more confident

 

But a few weeks ago, weren't you predicting Labour wouldn't even get a short-term boost from the energy prize freeze (just checked, your exact words were "yesterday was the day the Tories won the election")? :P

But a few weeks ago, weren't you predicting Labour wouldn't even get a short-term boost from the energy prize freeze (just checked, your exact words were "yesterday was the day the Tories won the election")? :P

 

That was before the recent rises, sure i expected rises but nothing on that scale and the anger about it is justified so of course short term Ed is getting a boost from his plan, i believe it will just be a short term boost though