Today's discussion about the news
Comments
-
Apologies, it's actually quite a sensible article, in favour of build build build.
0 -
My point was about views on house prices.
"I spent most of my money on birds, booze and fast cars: the rest of it I just squandered." [George Best]0 -
I really admire the Telegraph's headline writers.
0 -
Re the Torygraph headlines, I read all three and the first and last showed some particularly bizarre Torygraph thinking.
In the first one the observation is that Sunak/Hunt haven't set the world on fire economically. The conclusion is that as they replaced Truss promising a steady hand on the tiller then Truss must have been correct by being "different".
Truss may have been right in one respect in that "something needs to be done", but there's a whole world of alternative somethings that are likely better than Truss's particular choice that the Torygraph fails to consider.
The final one seems to blame people for retiring or being ill, with a side order of taking a pop at the Civil Service, which isn't desperately helpful.
0 -
I don't disagree but ultimately it isn't so using a different measure and claiming it 'suggests' the recession started 2 years ago is a bit stupid. The term recession is just a technical one with a specific definition, I would argue things have been stagnant for so long that the hitting a specific technical definition is meaningless (and pretty sure you've said the same many times). Using population also has its flaws as, for example, an influx of foreign students providing limited input to GDP will presumably have a disproportionate impact.
0 -
-
-
The Public Accounts Committee were picking over the corpse of HS2 the other day. It will still cost £67billion and thanks to Sunak's 'brave' decision will result in reduced capacity between London, Birmingham and Manchester.
1985 Mercian King of Mercia - work in progress (Hah! Who am I kidding?)
Pinnacle Monzonite
Part of the anti-growth coalition0 -
I wonder why this is top of the Telegraph's agenda today...
0 -
The by-election article is directly below that on the front page of the website.
"I spent most of my money on birds, booze and fast cars: the rest of it I just squandered." [George Best]0 -
In number crunching terms, this still has some way to go to play out. Real pay growth during 2023 was +1.5% partially offsetting a fall during 2022 of circa 5.5%. Payrises are now comfortably outstripping CPI inflation, so further offsetting of 2022's impact will occur this year.
I doubt pay rises will accumulate to completely offset 2022's inflation spike, but I guess that's why inflation is best avoided. It makes many people less well off.
0 -
Below indeed. Obvs Harry & Megan are more important.
It is not a serious newspaper any more, sadly. It's a mash up of Hello!, The Daily Mash, and Reform UK Newsletter now. Quite entertaining though, I'll grant you, not least when people take it seriously.
0 -
Rick was trying to make out that they were hiding it, which is clearly not the case if it's on the front page.
"I spent most of my money on birds, booze and fast cars: the rest of it I just squandered." [George Best]0 -
-
Did you spot that it was on the front page directly below the Harry & Meghan article then?
"I spent most of my money on birds, booze and fast cars: the rest of it I just squandered." [George Best]0 -
Paying more to get a worse service. What a fantastic legacy.
0 -
-
My point was that the definition of a recession is a very specific technical term so and article stating "GDP per head suggests recession started 2 years ago" is pointless as the definition of a recession ins't related to GDP per head. I don't think anyone really felt the economy was doing brilliantly before it officially went into recession (well, there maybe one or two who refuse to see as they're "doing alright").
0 -
Given the level of inflation in that period that is exactly the sort of decline that you would expect.
I think I'm right is saying that CPI increased by 13.14% from Jan 2022 to Jan 2024 (114.9 to 130.0).
0 -
Sure but other countries with similar inflation didn't have it, right?
US for example: https://www.macrotrends.net/countries/USA/united-states/gdp-per-capita
0 -
Didn't stay there long. Some more dead cats (or a dead Russian) have come along to push the by-elections further down the list.
0 -
That's news for you - never stays news for long. I imagine the Guardian and the Mirror will have on the front page for a few days.
"I spent most of my money on birds, booze and fast cars: the rest of it I just squandered." [George Best]0 -
I have no idea, but I'd hazard that the rest of Europe saw similar to the UK, and as you will be aware (or should be), wages will lag behind inflation, hence UK current pay rises being above inflation now.
1 -
saddening to hear of navalny's death
a courageous and honourable man
we could all do with more like him
my bike - faster than god's and twice as shiny2 -
OK, to be fair to the Telegraph, it's not the only paper with some strange editorial priorities.
0 -
Because we always knew he was gonna be murdered. When is semi irrelevant.
Not least as the UK is pretty intimate with Putin’s willingness to murder opponents, given we’ve had two public heath disasters as a result of his assassination attempts here.
0 -
A significant number of European and American politicians, not to mention newspaper editors need to be slapped into consciousness on exactly what we are facing in Putin's totalitarian Russia.
Edit: GBN and Galloway being the latest idiot marionettes.
1985 Mercian King of Mercia - work in progress (Hah! Who am I kidding?)
Pinnacle Monzonite
Part of the anti-growth coalition0 -
-
having a 'view' and starting a war are two different things
my bike - faster than god's and twice as shiny0 -
Oh sure. Russians gonna Russian though.
Good history of martyrs against whichever despot is charge. Goes back centuries.
Check out Putin’s rather dark humour regarding the New Martyrs and Confessors of Russian Church
0
