Quote:
Originally Posted by Chris
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.
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Clarity is not going to be forthcoming from either camps but what is clear is.
1 You don't have to have a trade agreement to trade.
2 You don't have to be in the EU to benefit from the Single Market.
3 You would not be tied up in all their red tape.
4 If we vote to leave the EU will break up.
5 Yes there will be uncertainty at the start.
6 The Treasury haven't hit one prediction in 6 years.
I could go on.