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and inquiry into leaks.
I don't trust them.
gonna get all my news from this thread
while they were here. Now stop fucking moaning and buy Christmas presents no-one wants with money you haven't got from places that pay fuck-all tax.
that's bad for the economy right? Gonna try and get this quarter's figures down.
the Olympic ticket revenues are all counted together in one big hit in this 3rd quarter report?
Which quarterly report are all the Olympic COSTS counted together in then ?
there's a separate report due later analysing the overall impact of the Olympics due later. Plus there's the rebound from the extra bank holiday in Q2 to consider. Osborne and co should be wary of being too bullish about these figures, but they probably won't be.
the guardian article says the extra bank holiday cost 0.5% last quarter so a growth figure in positive territory of 0.7% on the last quarter would actually in real terms be zero growth ?
and thus if it requires +0.4% to equal the economy being exactly the same size as 1 year ago only a figure of more than 1.1% would equal year on year growth ?
is that about right? I'm no accountant
and that this quarter's result is pretty much identical to the Q3 2011 result
this is despite having had an Olympic windfall pumped in
Griffin & Cameron could easily be brothers
obvious to anyone with a brain that in real terms there is zero, or negative growth in real terms ...
a) rinse it for all it's worth and cross fingers
b) Keep quiet to avoid being seen to have lied and steered backwards by the time of the next figures
nobody's going to pull them up on it, and they can simply shrug their shoulders and say something about Christmas not being merry enough by the time the next figures come out.
When I gave your mum some growth last night there was no whingeing whatsoever.
DC: "Would a loser government get the economy humming along at 0.7% in an Olympic quarter? Did'nt think so. WHO LET THE DOGS OUT"?
Tory backbenchers: WHO WHO WHO WHO WHO
why politicians pursue growth seemingly for growth's sake.
it's gonna fuck with the planet and fuck with the freedoms and livelihoods of 70% of the people who live in developed nations, but they're literally incapable of thinking of any other way of engineering consent. It's almost embarrassing.
is that the only way the current generation of politicians know is using credit to fund growth. In the 1950s, $1 to $2 of debt was required to create $1 of US GDP growth. By 2008 it was $4 to $5 and may well be even higher now.