Quote:
Originally Posted by Flyboy
Had a look for the figures myself:
UK GDP since 1948
I couldn't spot a recession in nineteen seventy-nine, in fact, net growth for that year was just over two per cent. I thought that was right, but had to double check, just in case the memory was playing tricks.
What method are you using to theorise the GDP growth comparisons? |
GDP dropped 2.36% in Q3 1979 then after a single quarter in positive territory dropped into official recession in 1980, before any Tory policies would have had any chance to take significant effect, but I'm sure you read my post and the statistics closely rather than picking out the bits you liked and disliked to try and make your point
I'm not theorising anything by the way, I'm using inflation adjusted GDP figures and the science and art of mathematics. Please feel free to do the calculations yourself if you think you can manage to put aside partisanship for long enough to not try and find some way to skew them to fit your own prejudices.