View Full Version : Why arent the left pleased the economy has recovered?
the truth
20-02-2017, 02:18 PM
The 3 main stock markets are up massively ...between 18% for ftse 250 to 31% rises for ftse 350 and ftse100
Thats added over Ł200 billion to our overall wealth in just 8 months
Its at its highest in history, so too is the US stock market
The unemployment rate has fallen again to lowest in decades
BUT I DO accept that 900,000 jobs are zero hour contracts...thats still only 2.3% of the total of jobs
The reality is the british economy has created more jobs than the rest of europe combined in the last 7 years, with nearly 7 million new jobs
The tories like labour have failed to tighten regulations on these corrupt corporations, though they have at the very least gotten more tax out of them
The tories policy of raising vat is an absolute disgrace
The steel industry is saved.
The left are looking so bitter and illogical and deluded. Yes they have had a few minor so called successes in stopping the odd bill, but even the working tax credits, the left took such a ridiculous moral high ground they went too far and we still end up in the same loop where everyone is too scared to work more than 16 hours in case they lose some or all their benefits.
The left like every other issue ignored the reality and buried their heads in the sand
They need to acknowledge good economic news, they need to listen to the public and they need to serve the people not themselves
Withano
20-02-2017, 02:22 PM
Omg learn what stock markets are measured in. They are not up, they have never been up. Ive genuinely explained this to you over three times since June.
Shaun
20-02-2017, 02:23 PM
Might be something to do with the Pound being, still, rock-bottom... I would imagine.
the truth
20-02-2017, 02:27 PM
Omg learn what stock markets are measured in. They are not up, they have never been up. Ive genuinely explained this to you over three times since June.
OMG they ARE up, I have tried to explain this to you slowly...its really not that complex. I know Ive got money invested and Ive done rather well thanks very much
the truth
20-02-2017, 02:30 PM
Might be something to do with the Pound being, still, rock-bottom... I would imagine.
stock market rises are far greater than the falling pound
Withano
20-02-2017, 02:35 PM
OMG they ARE up, I have tried to explain this to you slowly...its really not that complex. I know Ive got money invested and Ive done rather well thanks very much
The stock markets appear up (to people who dont give it ten seconds of thought) because the pound is down. Stock is measured in sterling. Christ.
Withano
20-02-2017, 02:36 PM
stock market rises are far greater than the falling pound
No. No they're not.
the truth
20-02-2017, 02:37 PM
The stock markets appear up (to people who dont give it ten seconds of thought) because the pound is down. Stock is measured in sterling. Christ.
lol youre blasphemy is soo impressive
the pound has fallen by 10% less than the stock market has risen...hence the overall value has risen vastly....(it really is simple)
the truth
20-02-2017, 02:37 PM
No. No they're not.
yes. yes they are.
Withano
20-02-2017, 02:49 PM
lol youre blasphemy is soo impressive
the pound has fallen by 10% less than the stock market has risen...hence the overall value has risen vastly....(it really is simple)
None of that is accuarate, including your use of the words 'youre' and 'blasphemy'.
Niamh.
20-02-2017, 02:51 PM
None of that is accuarate, including your use of the words 'youre' and 'blasphemy'.
No, you are blasphemy Withano, it is known
Tom4784
20-02-2017, 02:54 PM
No, you are blasphemy Withano, it is known
x0fBiCNiR1E
Withano
20-02-2017, 02:57 PM
No, you are blasphemy Withano, it is known
Ohh. I read it like 'your blasphemy is so impressive' and I was confused tbh. maybe he did mean 'you are blasphemy, blasphemy is so impressive'.
I'm always thinking the worse of people.. he just wanted to give me a cute nickname and a compliment.
the truth
20-02-2017, 03:03 PM
Ohh. I read it like 'your blasphemy is so impressive' and I was confused tbh. maybe he did mean 'you are blasphemy, blasphemy is so impressive'.
I'm always thinking the worse of people.. he just wanted to give me a cute nickname and a compliment.
You are so easily confused. Let me help you, labour helped destroy the economy and were responsible for killing a million innocent people. The tories are self serving gits , but the economy is vastly better under them and the economy is vastly better since we voted Brexit. Why are you so upset about that?
Tom4784
20-02-2017, 03:03 PM
I love fiction.
the truth
20-02-2017, 03:04 PM
I love fiction.
Tha's good as most of what you write is fictitious
Tom4784
20-02-2017, 03:05 PM
Tha's good as most of what you write is fictitious
Sure, Jan.
the truth
20-02-2017, 03:13 PM
Sure, Jan.
lol You cant even get names right, so dishonest
Withano
20-02-2017, 03:17 PM
You are so easily confused.
Thats no way to talk to Blasphemy, Blasphemy is soo incredible.
Let me help you, labour helped destroy the economy
Debatable.. The decline was not dissimilar to the years before them.
and were responsible for killing a million innocent people.
True.. thats rare. Good work.
The tories are self serving gits ,
I'd love to agree, but for the sake of fairness - debateable
but the economy is vastly better under them and the economy is vastly better since we voted Brexit.
Incorrect. So massively incorrect. Whoever told you this should not be trusted.
Why are you so upset about that?
Its difficult to be upset over so much incorrect information. I can assure you if it was true, I'd be overjoyed. All right wing and left wing UK citizens would be.
Followup question: where do you get your information? I presume Facebook? Correct me if I'm wrong.
the truth
20-02-2017, 03:19 PM
Thats no way to talk to Blasphemy, Blasphemy is soo incredible.
Debatable.. The decline was not dissimilar to the years before them.
True.. thats rare. Good work.
I'd love to agree, but for the sake of fairness - debateable
Incorrect. So massively incorrect. Whoever told you this should not be trusted.
Its difficult to be upset over so much incorrect information. I can assure you if it was true, I'd be overjoyed. All right wing and left wing UK citizens would be.
Followup question: where do you get your information? I presume Facebook? Correct me if I'm wrong.
You are wrong.
ebandit
20-02-2017, 03:23 PM
...rising employment figures causes me worries.....i may no longer be able to
avoid work.............................................. ............
Mark L
Brillopad
20-02-2017, 05:39 PM
The stock markets appear up (to people who dont give it ten seconds of thought) because the pound is down. Stock is measured in sterling. Christ.
Are you a professional economist - I thought you were a student?
reece(:
20-02-2017, 05:40 PM
The truth with a thread that is anything but?
http://i.imgur.com/fUj2bvV.gif
Withano
20-02-2017, 05:55 PM
Are you a professional economist - I thought you were a student?
Anybody can learn the basics of any subject if they research it once. People dont actually need a career in economics to understand that the stock market is measured in sterling lol.
Brillopad
20-02-2017, 05:58 PM
Anybody can learn the basics of any subject if they research it once. People dont actually need a career in economics to understand that the stock market is measured in sterling lol.
Thought not. Opinion then.
Withano
20-02-2017, 05:59 PM
Thought not. Opinion then.
You think that the UK stock market being measured in Sterling is my opinion? And you thhink this because I do not have a career in economics? Lol.
You realise thats basically the equivalent of saying 'you dont have a career in maths, therefore 2+2 equaling 4 is just your opinion' whilst ignoring the existence of calculators.
the truth
20-02-2017, 07:13 PM
Anybody can learn the basics of any subject if they research it once. People dont actually need a career in economics to understand that the stock market is measured in sterling lol.
its measured in stocks pal, now go finish that education
Smithy
20-02-2017, 07:22 PM
Fake news from @thertruth again, I don't listen anymore, ratings falling, can't be trusted, shameful!
Withano
20-02-2017, 07:24 PM
its measured in stocks pal, now go finish that education
Feel free to start one.
To give you credit; stock markets being measured in stocks did actually make me giggle. But I can't imagine that was your intention.
Marsh.
20-02-2017, 07:25 PM
Sure, Jan.
Fake news from @thertruth again, I don't listen anymore, ratings falling, can't be trusted, shameful!
:joker:
the truth
20-02-2017, 07:40 PM
Feel free to start one.
To give you credit; stock markets being measured in stocks did actually make me giggle. But I can't imagine that was your intention.
back to school kid:hehe:
the truth
20-02-2017, 07:42 PM
Fake news from @thertruth again, I don't listen anymore, ratings falling, can't be trusted, shameful!
you can run, but you cant hide from the truth
Withano
20-02-2017, 07:43 PM
back to school kid:hehe:
"The worth of stock is measured in... stock" source: unknown
Crimson Dynamo
20-02-2017, 08:33 PM
lol at the shook crowd playing economics
:fan:
Toy Soldier
20-02-2017, 08:53 PM
Are you a professional economist - I thought you were a student?
Thought not. Opinion then.
Is The Truth a professional economist? (Hint: he isnt)
And if not, why aren't you bleating this at him? You apparently have no problem with his "facts" in the OP, and it's only people replying to disagree who get told that what they have to say is "just opinion :smug:".
You're not perhaps... A little biased, are you?
Marsh.
20-02-2017, 09:14 PM
The "shook" crowd = The new snowflakes?
Brillopad
20-02-2017, 09:19 PM
Is The Truth a professional economist? (Hint: he isnt)
And if not, why aren't you bleating this at him? You apparently have no problem with his "facts" in the OP, and it's only people replying to disagree who get told that what they have to say is "just opinion :smug:".
You're not perhaps... A little biased, are you?
About as biased as you I would imagine.
Toy Soldier
20-02-2017, 09:30 PM
About as biased as you I would imagine.
"lol thats u that is"
Northern Monkey
20-02-2017, 09:46 PM
Tibb SD&N is absolutely hilarious today.Between this place and Donald Trump's Sweden i've Legit been pmsl.Don't ever change.Anybody.:joker:
Vicky.
20-02-2017, 09:56 PM
You think that the UK stock market being measured in Sterling is my opinion? And you thhink this because I do not have a career in economics? Lol.
You realise thats basically the equivalent of saying 'you dont have a career in maths, therefore 2+2 equaling 4 is just your opinion' whilst ignoring the existence of calculators.
You made me snort tea :(
Crimson Dynamo
21-02-2017, 04:34 PM
“Britain ended last year as the strongest of the world’s advanced economies with growth accelerating in the six months after the Brexit vote, it was revealed overnight,” Philip Aldrick reports for The Australian (from an article in the Sunday Times). “Business activity hit a 17-month high last month, meaning that the economy grew by 2.2 per cent last year — more than the six other leading nations, including the US, Germany and Japan.”
“Far from slowing after the referendum in June, as predicted by the Treasury and Bank of England, growth appeared to have improved,” Aldrick reports. “GDP grew at 0.3 per cent and 0.6 per cent in the first two quarters of last year, compared with 0.6 per cent and an estimated 0.5 per cent in the final period.”
“Andrew Haldane, chief economist at the Bank of England, suggested that economic forecasters were facing a ‘Michael Fish moment’ over their mistaken predictions, referring to the BBC weather forecaster. Mr Haldane, comparing the profession’s failure to spot the 2008 recession to Mr Fish’s infamous assurance of ‘no hurricane’ on the eve of the great storm of 1987, said: ‘It’s a fair cop to say that the profession is to some degree in crisis,'” Aldrick reports. “Steve Baker, the Brexit-supporting MP, said that the performance of the economy since the referendum was a reproach to those who warned of dire consequences. ‘This is another moment to reflect that the horror stories that we were told simply didn’t come to pass,’ he said.”
“Britain’s robust performance means the economy heads into 2017 on solid ground. James Knightley, UK economist at ING Financial Markets, said that it ‘indicates that the UK economy has strong momentum,” Aldrick reports. “The purchasing managers’ index survey of business activity across the services, construction and manufacturing industries also pointed to further hiring by companies. Recruitment across all three industries accelerated at the fastest pace in 11 months and, in a positive sign for the months ahead, new orders in the services sector, which accounts for four fifths of the economy, hit a 17-month high.”
http://macdailynews.com/2017/01/06/britain-has-worlds-strongest-economy-after-brexit/
arista
21-02-2017, 05:24 PM
Might be something to do with the Pound being, still, rock-bottom... I would imagine.
Yes Wise Shaun
thats why USA is buying up UK Businesses
and reduced prices.
Up or Down
Bulls or Bears
the Clever ones are making good CASH,
Sign Of The Times.
Kizzy
21-02-2017, 07:19 PM
“Britain ended last year as the strongest of the world’s advanced economies with growth accelerating in the six months after the Brexit vote, it was revealed overnight,” Philip Aldrick reports for The Australian (from an article in the Sunday Times). “Business activity hit a 17-month high last month, meaning that the economy grew by 2.2 per cent last year — more than the six other leading nations, including the US, Germany and Japan.”
“Far from slowing after the referendum in June, as predicted by the Treasury and Bank of England, growth appeared to have improved,” Aldrick reports. “GDP grew at 0.3 per cent and 0.6 per cent in the first two quarters of last year, compared with 0.6 per cent and an estimated 0.5 per cent in the final period.”
“Andrew Haldane, chief economist at the Bank of England, suggested that economic forecasters were facing a ‘Michael Fish moment’ over their mistaken predictions, referring to the BBC weather forecaster. Mr Haldane, comparing the profession’s failure to spot the 2008 recession to Mr Fish’s infamous assurance of ‘no hurricane’ on the eve of the great storm of 1987, said: ‘It’s a fair cop to say that the profession is to some degree in crisis,'” Aldrick reports. “Steve Baker, the Brexit-supporting MP, said that the performance of the economy since the referendum was a reproach to those who warned of dire consequences. ‘This is another moment to reflect that the horror stories that we were told simply didn’t come to pass,’ he said.”
“Britain’s robust performance means the economy heads into 2017 on solid ground. James Knightley, UK economist at ING Financial Markets, said that it ‘indicates that the UK economy has strong momentum,” Aldrick reports. “The purchasing managers’ index survey of business activity across the services, construction and manufacturing industries also pointed to further hiring by companies. Recruitment across all three industries accelerated at the fastest pace in 11 months and, in a positive sign for the months ahead, new orders in the services sector, which accounts for four fifths of the economy, hit a 17-month high.”
http://macdailynews.com/2017/01/06/britain-has-worlds-strongest-economy-after-brexit/
What kind of flaky source is this?... And have you read the comments? Even the site contributors don't believe this shiz. :joker:
Withano
21-02-2017, 07:33 PM
What kind of flaky source is this?... And have you read the comments? Even the site contributors don't believe this shiz. :joker:
Macdaily news is one of many (and nowhere near the largest) websites which are dedicated to Apple-related news. As far as I can see it relies on the "community" for contributions.. as in this guy (or woman, the author wished to remain anonymous :think: ) isn't a journalist, just an Apple fanboy.
I'd imagine the "article" is in reference to Apple increasing the prices for the UK post-brexit and we have therefore become their greatest pool of profit, due to us being ripped off thanks to the struggling pound.
the truth
21-02-2017, 09:21 PM
“Britain ended last year as the strongest of the world’s advanced economies with growth accelerating in the six months after the Brexit vote, it was revealed overnight,” Philip Aldrick reports for The Australian (from an article in the Sunday Times). “Business activity hit a 17-month high last month, meaning that the economy grew by 2.2 per cent last year — more than the six other leading nations, including the US, Germany and Japan.”
“Far from slowing after the referendum in June, as predicted by the Treasury and Bank of England, growth appeared to have improved,” Aldrick reports. “GDP grew at 0.3 per cent and 0.6 per cent in the first two quarters of last year, compared with 0.6 per cent and an estimated 0.5 per cent in the final period.”
“Andrew Haldane, chief economist at the Bank of England, suggested that economic forecasters were facing a ‘Michael Fish moment’ over their mistaken predictions, referring to the BBC weather forecaster. Mr Haldane, comparing the profession’s failure to spot the 2008 recession to Mr Fish’s infamous assurance of ‘no hurricane’ on the eve of the great storm of 1987, said: ‘It’s a fair cop to say that the profession is to some degree in crisis,'” Aldrick reports. “Steve Baker, the Brexit-supporting MP, said that the performance of the economy since the referendum was a reproach to those who warned of dire consequences. ‘This is another moment to reflect that the horror stories that we were told simply didn’t come to pass,’ he said.”
“Britain’s robust performance means the economy heads into 2017 on solid ground. James Knightley, UK economist at ING Financial Markets, said that it ‘indicates that the UK economy has strong momentum,” Aldrick reports. “The purchasing managers’ index survey of business activity across the services, construction and manufacturing industries also pointed to further hiring by companies. Recruitment across all three industries accelerated at the fastest pace in 11 months and, in a positive sign for the months ahead, new orders in the services sector, which accounts for four fifths of the economy, hit a 17-month high.”
http://macdailynews.com/2017/01/06/britain-has-worlds-strongest-economy-after-brexit/
exactly why do they loony left hate this good news so much and choose to ignore it?
Northern Monkey
22-02-2017, 07:17 AM
exactly why do they loony left hate this good news so much and choose to ignore it?Because they don't wanna run out of things to protest about?
Crimson Dynamo
22-02-2017, 07:24 AM
What kind of flaky source is this?... And have you read the comments? Even the site contributors don't believe this shiz. :joker:
Its not a source, if you read the article it is from the Sunday Times but as it has a paywall this is a way to circumvent that
"Philip Aldrick reports for The Australian (from an article in the Sunday Times)."
Brillopad
22-02-2017, 08:03 AM
Because they don't wanna run out of things to protest about?
Exactly. Thera are it appears such things as 'professional protesters' who aren't happy unless they are protesting about something. I guess it makes them feel useful, maybe even important.
Kizzy
22-02-2017, 08:20 AM
Why aren't brexiteers protesting that all the promises made to them and the reasoning touted for brexit have all been rescinded? ...
http://www.independent.co.uk/news/uk/politics/david-davis-migrants-brexit-workers-eu-uk-stay-open-immigration-years-latest-a7592616.html
Crimson Dynamo
22-02-2017, 08:40 AM
Why aren't brexiteers protesting that all the promises made to them and the reasoning touted for brexit have all been rescinded? ...
http://www.independent.co.uk/news/uk/politics/david-davis-migrants-brexit-workers-eu-uk-stay-open-immigration-years-latest-a7592616.html
Is there a specific "promise" that you had in mind?
Kizzy
22-02-2017, 08:48 AM
Is there a specific "promise" that you had in mind?
Pick one... any one, and it's been broken.
Crimson Dynamo
22-02-2017, 08:50 AM
Pick one... any one, and it's been broken.
No you are asking why people are not protesting and linked to a clickbait indy article so I am wondering what promise was broken as I cant see any from your article?
the truth
22-02-2017, 09:02 AM
Brexit errs are ecstatic , the economy is booming. steel is saved , Osborne is exposed as a twat, the insane eu rules are to be lifted, ttip is dead, we can recruit as many Indian doctors as we like, Malaysian nurses etc choose who we let in, gdp up, stock markets booming, unemployment down , save 8 billion from eu exit, no more junker. less terrorist threat , do our own trade deals way way faster etc happy dappy days
Toy Soldier
22-02-2017, 10:15 AM
You know, I've just realised that the entire premise if this thread highlights the fact that right-minded people don't understand left ideology at all. "Why aren't the left pleased that the economy is on the up"?
This is the entire debate of left/right politics. The right believes that business and economic performance are the measure of a society, and the left believes that actual living standards and equality are the measure of a society.
In other words, they don't "celebrate" economic stats because those numbers mean absolutely nothing if they don't translate into better living standards for normal people which, thus far, they have not. The left will celebrate when economic success means more for EVERYONE... Not just more for Billy Stockbroker.
Toy Soldier
22-02-2017, 10:20 AM
And the economy is not "booming" Truth. Stop using terms that you don't actually understand! For one, a boom describes an unusually rapid period of measurable economic expansion. Its not just any growth. For two... A boom is NOT a good sign! Steady, sustained economic growth is far preferable to a boom. Booms **** with interest rates and are inevitably followed by a crash when the bubble bursts.
Brillopad
22-02-2017, 10:46 AM
You know, I've just realised that the entire premise if this thread highlights the fact that right-minded people don't understand left ideology at all. "Why aren't the left pleased that the economy is on the up"?
This is the entire debate of left/right politics. The right believes that business and economic performance are the measure of a society, and the left believes that actual living standards and equality are the measure of a society.
In other words, they don't "celebrate" economic stats because those numbers mean absolutely nothing if they don't translate into better living standards for normal people which, thus far, they have not. The left will celebrate when economic success means more for EVERYONE... Not just more for Billy Stockbroker.
But isn't it mainly the financial sector, banks etc and the super rich that have the biggest objection to Brexit - People who currenty benefit the most from us being in Europe.
It's the average person that is most affected by issues such as mass immigration and over-stretched public services. The well-off just go private.
Toy Soldier
22-02-2017, 10:55 AM
But isn't it mainly the financial sector, banks etc and the super rich that have the biggest objection to Brexit - People who currenty benefit the most from us being in Europe.
It's the average person that is most affected by issues such as mass immigration and over-stretched public services. The well-off just go private.
The super rich do benefit from EU breaks, that's true, but there are countless ways in which average people also benefit. As with anything it's unrealistic to say that there aren't positives and drawbacks of both... But I genuinely do believe that anyone who is championing Brexit on the grounds that it will dramatically reduce immigration or in any way help our public services is going to be in for a disappointment post-brexit. There are powerful economic entities that have a vested interest in dismantling public services and taking them private and this is what will eventually happen as long as we have a Tory government with several high profile figures set for a huge payday. It's inevitable and it has nothing at all to do with Brexit... All of that is coming, whether we're in or out.
the truth
22-02-2017, 02:12 PM
And the economy is not "booming" Truth. Stop using terms that you don't actually understand! For one, a boom describes an unusually rapid period of measurable economic expansion. Its not just any growth. For two... A boom is NOT a good sign! Steady, sustained economic growth is far preferable to a boom. Booms **** with interest rates and are inevitably followed by a crash when the bubble bursts.
It is booming , why does that disappoint you?
the truth
22-02-2017, 02:13 PM
The super rich do benefit from EU breaks, that's true, but there are countless ways in which average people also benefit. As with anything it's unrealistic to say that there aren't positives and drawbacks of both... But I genuinely do believe that anyone who is championing Brexit on the grounds that it will dramatically reduce immigration or in any way help our public services is going to be in for a disappointment post-brexit. There are powerful economic entities that have a vested interest in dismantling public services and taking them private and this is what will eventually happen as long as we have a Tory government with several high profile figures set for a huge payday. It's inevitable and it has nothing at all to do with Brexit... All of that is coming, whether we're in or out.
The EU has become an wasteful unaccountable tax wasting corporate lackey, which wipes out sme's and enrichens corrupt corporations
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