Official: There was no double-dip recession
 

http://www.bbc.co.uk/news/business-23079082


---------- Post added at 10:29 ---------- Previous post was at 09:53 ----------

In fact, it's Labour's economic credibility that's now taking a double dip:

Re: Official: There was no double-dip recession
 

Cameron and Osborne should hang their heads in shame! Those inept toffs can't even deliver a double dip recession FGS! If Labour had been in power we'd have had the best double dip recession in the world to be proud of but these idiots just can't see that. Osborne couldn't organise a double-dip in a recession!!! :mad:
:D

Re: Official: There was no double-dip recession
 

You are 'Arthurgray50@blu' and I claim my £5!

Re: Official: There was no double-dip recession
 

I bet you wear a 'I heart Tory' - T-shirt.

Re: Official: There was no double-dip recession
 

Meanwhile, back at the topic, do you agree that it is a good thing that there wasn't a double-dip recession, and that the only recession this country suffered was the one that was the worst in living memory thanks to Labour's failure to use the good times to prepare for the bad?

Re: Official: There was no double-dip recession
 

Quite wrong actually - voted for several parties in my life and, as yet, undecided for the next one. The fact that I detest Labour and what they've done to our economy doesn't make me a Tory. Good job you didn't put any money on your bet...

Re: Official: There was no double-dip recession
 

We will get whatever the non apathetic half of the voting population decides on..probably another coalition.

Re: Official: There was no double-dip recession
 

Agreed. get them out!! :mad:

Re: Official: There was no double-dip recession
 

Conspiracy

Re: Official: There was no double-dip recession
 

stage 2 = denial :)

Re: Official: There was no double-dip recession
 

stage 3 - facts... ;)

Re: Official: There was no double-dip recession
 

We didn't dip the second time. We merely flatlined. Whoopee...

Re: Official: There was no double-dip recession
 

"There are three kinds of lies: lies, damned lies, and statistics." attributed to Mark Twain.

I just wonder what "updating" to its historical data has been carried out by the ONS and what statistical manipulation has been carried out to arrive at the results?

Re: Official: There was no double-dip recession
 

You sound like Ed Balls. :D

Perhaps if he hadn't made such a fuss about figures, which he presumably will have known would be subject to future revision, to base his 'double dip' assertion on he wouldn't look such a twit.

http://www.labour.org.uk/britains-do...ght,2012-05-24

Having said that, Balls looks like a twit and sounds like a twit most of the time.

Re: Official: There was no double-dip recession
 

http://www.bbc.co.uk/news/business-23446056

Some more good news. Let's hope it's not a blip.

Re: Official: There was no double-dip recession
 

Probably not a blip but hopefully it's going to go a bit faster...

Re: Official: There was no double-dip recession
 

It was due to the cost of Osbourne's "man of the people" burger.

Re: Official: There was no double-dip recession
 

Hopefully the recent good weather will be making up for some of the rubbish we endured earlier this year when it comes to the economy.

Re: Official: There was no double-dip recession
 

I wait for Arthur's rant :LOL:

However the reality is he will stay away from this as its good new not bad.

Re: Official: There was no double-dip recession
 

Gets my vote

:clap:

Re: Official: There was no double-dip recession
 

And mine :tu:

Re: Official: There was no double-dip recession
 

http://www.bbc.co.uk/news/business-23584843

http://www.bbc.co.uk/news/business-23571579

More good news on the economy. Of course there's still a long way to go but could this be 'the end of the beginning' so far as recovery is concerned?

Re: Official: There was no double-dip recession
 

Re: Official: There was no double-dip recession
 

And not a word from our resident Labour loveys :D

Re: Official: There was no double-dip recession
 

:LOL:

Re: Official: There was no double-dip recession
 

:rofl:

I wonder whether Ed Balls' 'output' will now flatline?... :D

Re: Official: There was no double-dip recession
 

Vote Labour!

Re: Official: There was no double-dip recession
 

And put us back where we were in the **** house

Re: Official: There was no double-dip recession
 

Yup, some folks never learn do they? Perhaps it's a weird form of political masochism... :D

Re: Official: There was no double-dip recession
 

You're thinking the worse.
think the best. no more Dave!

Re: Official: There was no double-dip recession
 

Bit extreme, killing Dave.
just vote him out. less drastic.

Re: Official: There was no double-dip recession
 

Either way he's gone :shrug:

Re: Official: There was no double-dip recession
 

:mad:

My idea of worse is Labour with there hands on this countries money and there lack of control of immigration in to this country again. :mad:

Re: Official: There was no double-dip recession
 

The party who have an immigration spokesman who doesn't know immigration or employment rules and thinks Tesco have moved a depot within Kent where they don't have one anyway.... bit of a twit is Mr Bryant.

Re: Official: There was no double-dip recession
 

He joins the very long list of inept, hypocrites which have characterised the party which made as big a mess of our economy as they did the immigration 'system'.

Re: Official: There was no double-dip recession
 

http://www.bbc.co.uk/news/business-23944091

Looks like Ed Balls might need a new catchphrase not to mention a new strategy... :D

Re: Official: There was no double-dip recession
 

Bet you dont see the Labour faithful in this thread :LOL:

Re: Official: There was no double-dip recession
 

They're too busy blaming John Major for Brown turning PFI into an art form... :D

Re: Official: There was no double-dip recession
 

And throwing good old labour abuse about, this time it was not Bigot that was used :LOL:

Re: Official: There was no double-dip recession
 

Of course you're all completely impartial and not prone to bias....

Re: Official: There was no double-dip recession
 

Nobody is completely impartial. The interesting bit is debating the facts though. Something the aforementioned Labour supporters seem unwilling to do for some odd reason... :D

Re: Official: There was no double-dip recession
 

It really doesn't matter if I would agree with you or not anymore, that's besides the point now on this forum. It's just not worth the aggro so I think people like myself just let people like yourself to just get on with it .... again and again and again.... and again......and again.......Yaaawwwwnnnnnnnn..... :)

Re: Official: There was no double-dip recession
 

Sorry you're not happy about good news in the economy after so many years of gloom but it seems to me you've just done what you said you can't be bothered to do anymore. ;)

Re: Official: There was no double-dip recession
 

Well a lot of threads critising the Tories go awfully quiet. It happens both ways so don't see the need for mocking Labour supporters for doing the the same. Just keep to those facts :shrug:

Re: Official: There was no double-dip recession
 

They tend to go quiet through lack of substance. ;) BTW we have a ConDem govt. not a Tory one.

---------- Post added at 13:21 ---------- Previous post was at 13:15 ----------

Meantime today's service sector figures show the highest growth since 2006 - let's hope it translates into more jobs sooner rather than later.

http://www.bbc.co.uk/news/business-23956192

Re: Official: There was no double-dip recession
 

Is that a separate question? If there's good news then yeah I think I should be happy shouldn't I? (Not that I've noticed anything personally). Or are you going to tell me differently again? Am I supposed to kiss Dave's arse now? And condemn Labour as evil doers.. Would that make it all the better for you?

Why do you bait everyone that doesn't vote the way you do and then laugh at them when anything happens? What do you really expect as a reply?

This is getting to a point where it's getting quite silly to me. Like I said it's much easier to let you just get on with it than to get involved.

Re: Official: There was no double-dip recession
 

Not really no. If you are a Labour supporter good luck with that. I just wondered if you were happy about good news from the OECD since you bothered to post in a thread you've now stated twice that you can no longer be bothered to post in.

If you want to kiss Dave's bum that's up to you and it makes no difference to me since I'm not a Tory member, supporter or even a particular Cameron fan. I'm just glad that after so much doom and gloom as a result of failed economic policy, we seem to be getting some good news at last. If HMG has got it right I don't care who they are, my main concern is that they appear to be putting right what went wrong under the last lot.

Re: Official: There was no double-dip recession
 

Or just maybe not many people are as excitable about this kind of news as you are. The baiting doesn't help though.

Re: Official: There was no double-dip recession
 

Then they're perfectly free to stay away from this thread. After all if they don't read threads such as this they can't be baited can they? On the other hand if they dispute the facts and are able to explain why/how then they can add to the debate.

Re: Official: There was no double-dip recession
 

Oh dear more bad news on the economy:

http://www.bbc.co.uk/news/business-24926512

For Messrs Miliband & Balls that is.

Re: Official: There was no double-dip recession
 

Thank God they didn't try Balls' Plan B....

Re: Official: There was no double-dip recession
 

Oh you can be sure Labour have lots of plans - the trouble is they're all the same and involve spending and borrowing far too much... ;)

I must say I'm more than a little concerned about the housing market and can see the makings of a growing bubble in certain areas if not nationally. I hope someone has a plan to deal with what's going to happen when interest rates start to rise. :erm:

Re: Official: There was no double-dip recession
 

Yes I'm going to save more.

Re: Official: There was no double-dip recession
 

Yes, it'd be nice if savers were at least rewarded for doing so. Borrowers have been doing very nicely thank you. Some say that debt. is the only 'asset' worth having these days... :D

Re: Official: There was no double-dip recession
 

unless wages start to rise then that housing bubble the government just created will go bang very soon

Re: Official: There was no double-dip recession
 

I'm hoping for a slowish hisssss.... ;)

Re: Official: There was no double-dip recession
 

the problem as i see it is that people are getting subsidised mortgages on low wages ,the cot of living is rising and shows no signs of dropping so unless people start getting higher wages then they will be stuck with mortgages they cannot afford .....sound kinda familiar

Re: Official: There was no double-dip recession
 

Yes it does ring a distant bell. :confused: Can't think why though... :rolleyes:

Re: Official: There was no double-dip recession
 

It would have just been a complete Ball's up

Re: Official: There was no double-dip recession
 

The difference was so small that is was always a toss up between dip and flat line. And the difference has little real meaning except as political capital.

Re: Official: There was no double-dip recession
 

You say that as if political capital were a trivial thing - I don't think it is. In truth, the definition of recession itself, as two consecutive quarters of negative growth is entirely arbitrary. But the designation has the power to decide the fates of politicians, parties, elections ...

Re: Official: There was no double-dip recession
 

Which is why Balls was so keen for it to happen...

Re: Official: There was no double-dip recession
 

But the whole point of the word recession in political terms is to describe the handling of the economy, yes it's an arbitrary term for one thing in a greater picture.

"Not in a recession" is not the same thing as "everything is fine". The difference is literary 0.1% and since economists don't seem to add error estimates to their numbers this may be smaller than reliable precision (so it's still a toss up).

I have heard a joke for situations like this:

The US press secretary announces that the latest death toll from Iraq is 3000 Arabs and one dentist so the press instantly ask about the dentist.

Re: Official: There was no double-dip recession
 

http://www.bbc.co.uk/news/business-25461227

Looks like 'Plan A' worked after all eh Ed?...

Re: Official: There was no double-dip recession
 

Indeed, while the government are sorting the economy out Miliband thinks that banning a particular type of gambling will fix things

http://news.sky.com/story/1185226/mi...ne-of-gambling