June 30, 20169 yr It would help them if there were enough houses. As there aren't, and as the Troies arent building council houses in significicant quantities (there is still a net loss thanks to Right To Buy annually) so any house price drop will be pissing in a massive ocean. But the *reason* for the pressure on housing is a taboo subject for most politicians... A 4.2% fall in outlook = one almighty shitstorm of a recession. Would these be the same economists who predicted a Remain outcome in the referendum? :teresa:
June 30, 20169 yr A 4.2% fall in outlook = one almighty shitstorm of a recession. 4.2% for the year? How much growth was there for the past year? its around 3-4% isnt it?
June 30, 20169 yr I don't even think we were due to grow 2% in 2016 although I haven't been paying much attention to the forecast so far this year
June 30, 20169 yr But the *reason* for the pressure on housing is a taboo subject for most politicians... Would these be the same economists who predicted a Remain outcome in the referendum? :teresa: 1. Not a taboo subject. All parties have been promising housing for 20 years, and not delivering, LONG before immigration became an issue. That has made it worse, but not as much worse as housing not being built in areas where the jobs are has. Banks and builders make big money out of high house prices, they have no incentive to build them cheaper and quicker, or stuff their own balance sheets because they lent mortgages out when housing was too expensive. 2. economists don't predict polling outcomes. They predict what will happen all things being equal in the economy. Pretty damn accurate so far since Friday. This, as I love saying, is a fact.
June 30, 20169 yr Would these be the same economists who predicted a Remain outcome in the referendum? :teresa: Economists are not psephologists. I understand that it's normal for "we're sick of experts" denialists like yourself to group them together when, in sharp contrast to your own sources of information, they both try to collect and analyse data in an objective way.
June 30, 20169 yr You said it Harve - Economics isnt a science hence political considerations will always come into their theories :)
June 30, 20169 yr I don't even think we were due to grow 2% in 2016 although I haven't been paying much attention to the forecast so far this year That sounds about right so we are in a period of growth but nothing like pre 2004!! Trundling along the bottom as they call it, but apparently this is a march of the makers??
June 30, 20169 yr That sounds about right so we are in a period of growth but nothing like pre 2004!! Trundling along the bottom as they call it, but apparently this is a march of the makers?? The Northern POWERHOUSE. Fixing the roof whilst the sun SHINES. Our long-term economic plan is WORKING. Repeat the above mantra at all times and for gods sake man carry on!
June 30, 20169 yr For a thorough summary of what we were and what we are and what is likely to be... http://www.theguardian.com/politics/2016/j...MP=share_btn_tw
June 30, 20169 yr The Northern POWERHOUSE. Fixing the roof whilst the sun SHINES. Our long-term economic plan is WORKING. Repeat the above mantra at all times and for gods sake man carry on! SIMPLE SLOGANS win the public hearts!!
July 1, 20169 yr Economists are not psephologists. I understand that it's normal for "we're sick of experts" denialists like yourself to group them together when, in sharp contrast to your own sources of information, they both try to collect and analyse data in an objective way. I would call myself a cynic, rather than a denialist, but the fact remains that economists are as prone to making poor predictions as are, say, weather forecasters. The data are too numerous, and the interactions too complex, for it to be anything like an exact science. Edited July 1, 20169 yr by vidcapper
July 1, 20169 yr ..and yet weather forecasters are invariably right. Long term predictions becomes more difficult because of so many variables. But they can generally say, it's not going to be minus 2 in July based on previous trends. Economic forecasters do the same, based on available evidence. Ehat YOU do is called Faith. Based on nothing except self-belief. Yeh, let's all stick our futures on the Faith of proven liars and backstabbers like Johnson, Gove and Farage, who poo-poohed the experts and now we are all paying and going to pay the price for the next decade. At least. Johnny Rotten, as the Sex Pistols left the stage for the final time: "Ever get the feeling you've been cheated? Good night!" That's the departing Johnson to the Leavers who fell for his cheery-mate whopping self-promoting country-plummeting lies. There are no winners, only losers. Except for the filthy tax-dodging rich, bless 'em.
July 1, 20169 yr I would argue economists are all skewed by political ideology with the bigger picture though!
July 1, 20169 yr There will always be room to argue the toss about trends and predictions, and yes some will be biased (depending on who pays their wages), but if they want to keep a reputation to be taken seriously they will largely try to get it right. Occasionally they nearly all get it wrong (pre-2006) of course...
July 4, 20169 yr Yes. Notice he's still taking tax payers money for doing nothing for the next 2 or 3 years though. Effing hypocrite. He doesn't do anything for his constituents, doesn't work, has got the UK out of the EU, job done, resign as an MEP you massive, tax-stealing hypocrite.
July 4, 20169 yr He doesn't do anything for his constituents, doesn't work, has got the UK out of the EU, job done, resign as an MEP you massive, tax-stealing hypocrite. I suspect what you really mad at is referendum 'stealing' :teresa: I've been checking back on the polling data... http://www.bbc.co.uk/news/uk-politics-eu-referendum-36271589 ... and there was virtually no change in the relative numbers from last September, right until polling day. That suggests to me that the actual referendum campaigns made little or no difference, which rather undermines the notion that the nature of campaigns was decisive. :unsure:
July 4, 20169 yr Yes. Notice he's still taking tax payers money for doing nothing for the next 2 or 3 years though. Effing hypocrite. He doesn't do anything for his constituents, doesn't work, has got the UK out of the EU, job done, resign as an MEP you massive, tax-stealing hypocrite. How do you know that he does nothing? Are you by his side every time he's in Brussels? Bet he does as much as any other MEP. Am sick of people always having a go at him and saying stupid things about him. :angry:
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