UK General Election 2015

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Discussion

turbobloke

103,877 posts

260 months

Tuesday 28th April 2015
quotequote all
MarshPhantom said:
Tories are certainly nailing the economy - 0.3% growth in the last quarter.
In terms of appearance, and to remove any doubt, that's +0.3% not -0.3% as might be inferred from the form of expression used.

News item on the above ONS info said:
The ONS said the economy was 2.4% larger than the same period a year earlier, meaning it remains the fastest growing economy in the G7.
Yes, the Conservative-led policy is nailing the economy,

The worst results since 2012? And better than many. Go compare with Labour's worsening of the recession years when we had negative numbers thanks to tax-and-spunk between 2001 and 2007, not forgetting Labour's total abolition of boom and bust by genius Brown.

IainT

10,040 posts

238 months

Tuesday 28th April 2015
quotequote all
turbobloke said:
MarshPhantom said:
Tories are certainly nailing the economy - 0.3% growth in the last quarter.
In terms of appearance, and to remove any doubt, that's +0.3% not -0.3% as might be inferred from the form of expression used.

News item on the above ONS info said:
The ONS said the economy was 2.4% larger than the same period a year earlier, meaning it remains the fastest growing economy in the G7.
Yes, the Conservative-led policy is nailing the economy,

The worst results since 2012. And better than many. Go conpare with Labour's worsening of the recession years when we had negative numbers thanks to tax-and-spunk between 2001 and 2007, not forgetting Labour's total abolition of boom and bust by genius Brown.
I wonder if any of it is pre-election uncertainty is in play here? I wonder how badly the UK Economy is being hampered by continuing uncertainty over Scotland with the 'settled will of the Scottish people' appearing to be not-so-settled?

Edited by IainT on Tuesday 28th April 11:55

Munter

31,319 posts

241 months

Tuesday 28th April 2015
quotequote all
turbobloke said:
News item on the above ONS info said:
remains the fastest growing economy in the G7.
[monty python]Yeah. But other than the fastest growing economy in the G7 what have they ever done for us.[/monty python]

Esseesse

8,969 posts

208 months

Tuesday 28th April 2015
quotequote all
I wonder what the figures look like per head. Assuming approx 75,000 net migration into the UK in a quarter, the population grew by ~0.12%.

davepoth

29,395 posts

199 months

Tuesday 28th April 2015
quotequote all
GDP is closely linked to inflation when the economy isn't all screwy:

http://www.economicshelp.org/wp-content/uploads/bl...

So it stands to reason that when inflation has dropped, growth will probably drop too, unless the economy is screwed.

A bit of growth in a zero inflation environment is still OK, IMHO.

johnxjsc1985

15,948 posts

164 months

Tuesday 28th April 2015
quotequote all
I don't trust economists non of them seem "independent".
What I do know is that House's have sold signs on them and when they do come on the market they are selling fairly quickly. I also see plenty of 15 plate Cars and both of these things tell me we are doing so much better than 5 years ago.
My brother is a huge Labour supporter and I told him if Labour get in and taxes rise and mortgages rise and petrol goes up he can tell his two sons who have mortgages and young families why that is.

Zod

35,295 posts

258 months

Tuesday 28th April 2015
quotequote all
IainT said:
I wonder if any of it is pre-election uncertainty is in play here? I wonder how badly the UK Economy is being hampered by continuing uncertainty over Scotland with the 'settled will of the Scottish people' appearing to be not-so-settled?

Edited by IainT on Tuesday 28th April 11:55
That is exactly what it is. People are delaying all manner of business decisions because of uncertainty over the election.

turbobloke

103,877 posts

260 months

Tuesday 28th April 2015
quotequote all
johnxjsc1985 said:
I don't trust economists non of them seem "independent".
What I do know is that House's have sold signs on them and when they do come on the market they are selling fairly quickly. I also see plenty of 15 plate Cars and both of these things tell me we are doing so much better than 5 years ago.
My brother is a huge Labour supporter and I told him if Labour get in and taxes rise and mortgages rise and petrol goes up he can tell his two sons who have mortgages and young families why that is.
So he should. If necessary you can remind him smile

The adverse impact of Labour on Labour voters - what's new?!

chris watton

22,477 posts

260 months

Tuesday 28th April 2015
quotequote all
Isn't the rise in 15 plate more to do with the widening availability of cheap lease deals? it seems, if the other forum is to be believed, that you can have a £30k car for as little as £250 per month!

P5Nij

675 posts

172 months

Tuesday 28th April 2015
quotequote all
turbobloke said:
johnxjsc1985 said:
I don't trust economists non of them seem "independent".
What I do know is that House's have sold signs on them and when they do come on the market they are selling fairly quickly. I also see plenty of 15 plate Cars and both of these things tell me we are doing so much better than 5 years ago.
My brother is a huge Labour supporter and I told him if Labour get in and taxes rise and mortgages rise and petrol goes up he can tell his two sons who have mortgages and young families why that is.
So he should. If necessary you can remind him smile

The adverse impact of Labour on Labour voters - what's new?!
What was his response John..?

Munter

31,319 posts

241 months

Tuesday 28th April 2015
quotequote all
chris watton said:
Isn't the rise in 15 plate more to do with the widening availability of cheap lease deals? it seems, if the other forum is to be believed, that you can have a £30k car for as little as £250 per month!
Probably just so long as you don't actually drive it anywhere. Say you want to put 30,000 miles a year on it and the mood changes...

But I have over the last year or so noticed many more "works vans" on the motorway. So I'm going to use that as my vehicular based barometer of performance.

pingu393

7,778 posts

205 months

Tuesday 28th April 2015
quotequote all

confused_buyer

6,613 posts

181 months

Tuesday 28th April 2015
quotequote all
pingu393 said:
Danny Alexander probably will lose, but that is Douglas Alexander's seat. smile

pingu393

7,778 posts

205 months

Tuesday 28th April 2015
quotequote all
Looking at the Ashcroft polls, I can't believe the swings from Con to Lab.

My first thought was "What Tory voter in their right mind would vote Labour now", but I think it says more about the swings to Con in 2010 than it does about the swings now.

http://lordashcroftpolls.com/2015/01/erewash/

In 2010, my vote didn't matter much. I voted for the party I thought had the best policies, even though that party had fk-all chance of winning the seat. This time, I shall vote to try and stop the loonies taking over the asylum, even though I'd rather vote as I did in 2010.

pingu393

7,778 posts

205 months

Tuesday 28th April 2015
quotequote all
confused_buyer said:
pingu393 said:
Danny Alexander probably will lose, but that is Douglas Alexander's seat. smile
Sorry, I did mean Douglas. I think Danny's done an OK job as a Treasury minister (don't know how good a constituency MP he is, though). Though a break would probably do his waistline a favour wink.

pingu393

7,778 posts

205 months

Tuesday 28th April 2015
quotequote all
Munter said:
chris watton said:
Isn't the rise in 15 plate more to do with the widening availability of cheap lease deals? it seems, if the other forum is to be believed, that you can have a £30k car for as little as £250 per month!
Probably just so long as you don't actually drive it anywhere. Say you want to put 30,000 miles a year on it and the mood changes...

But I have over the last year or so noticed many more "works vans" on the motorway. So I'm going to use that as my vehicular based barometer of performance.
There seem to be less one-eyed cars on the road at night.

AJS-

15,366 posts

236 months

Tuesday 28th April 2015
quotequote all
Getting a bit sidetracked but the difference between buying and leasing isn't really that significant from the point of view of the economy as a whole. They are still being produced, distributed and used, so total new registrations are a useful indicator of economic activity regardless of the ownership structure of the cars registered.

MarshPhantom

9,658 posts

137 months

Tuesday 28th April 2015
quotequote all
pingu393 said:
Munter said:
chris watton said:
Isn't the rise in 15 plate more to do with the widening availability of cheap lease deals? it seems, if the other forum is to be believed, that you can have a £30k car for as little as £250 per month!
Probably just so long as you don't actually drive it anywhere. Say you want to put 30,000 miles a year on it and the mood changes...

But I have over the last year or so noticed many more "works vans" on the motorway. So I'm going to use that as my vehicular based barometer of performance. .
The economy is doing so well that we have deflation.

IainT

10,040 posts

238 months

Tuesday 28th April 2015
quotequote all
MarshPhantom said:
The economy is doing so well that we have deflation.
No we haven't. Jan 0.3%; Feb & March = 0%. Possible that April will report slight deflation primarily driven by low gas prices (A good thing for the economy!).

Feel free to lie away though - normal for the left isn't it? smile

johnxjsc1985

15,948 posts

164 months

Tuesday 28th April 2015
quotequote all
turbobloke said:
So he should. If necessary you can remind him smile

The adverse impact of Labour on Labour voters - what's new?!
No point mate he still cant Thatcher without actually spitting the name.
So many people who vote labour have a real bitter streak in them.