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**Chris** · 19-04-2016, 08:14

Can we get something clear please, because there has been a lot of mendacious misrepresentation of these growth figures.

The prediction is that the economy would be 6.8% short of where it would otherwise have been in 2030, not 6.8% reduced from where it is now. The economy is going to grow, whether we are in or out, according to yesterday's announcement.

Furthermore, the size of the economy today is around 6% adrift of where it was forecast to be in 2010. Despite all the usual shouting and yelling about cuts and austerity, the country is not, frankly, on its knees.

And let's not even get into the highly dubious practice of conflating loss of GDP with a direct loss of household income, which is what the headline spin invited us to do yesterday.

19-04-2016, 08:14	#1474
Chris Trollsplatter Join Date: Jun 2003 Location: North of Watford Services: Humane elimination of all common Internet pests Posts: 38,134	re: [Update] The UK votes to leave the EU Can we get something clear please, because there has been a lot of mendacious misrepresentation of these growth figures. The prediction is that the economy would be 6.8% short of where it would otherwise have been in 2030, not 6.8% reduced from where it is now. The economy is going to grow, whether we are in or out, according to yesterday's announcement. Furthermore, the size of the economy today is around 6% adrift of where it was forecast to be in 2010. Despite all the usual shouting and yelling about cuts and austerity, the country is not, frankly, on its knees. And let's not even get into the highly dubious practice of conflating loss of GDP with a direct loss of household income, which is what the headline spin invited us to do yesterday.