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Old 31-10-2017, 18:02   #521
Hugh
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Re: Brexit discussion

Quote:
Originally Posted by Mick View Post
No Stuart that is just not accurate. It was said by a few on the Remain side that if leave won, there would be a recession and job losses, right after the vote.

Quote:
“He [Mark Carney] warned that there would be a technical recession, but that is a recession … he said that, he was completely wrong, the Treasury was worse, it said there would be between 500,000 and 800,000 jobs lost purely on a vote to leave, not actually anything happening, just on the vote”

Jacob Rees-Mogg, 26 October 2017
https://fullfact.org/bbcqt/2017/Oct/27

What Mark Carney actually said was
Quote:
In May 2016, Mark Carney, Governor of the Bank of England, said: “we would expect a “material slowing in growth, a notable rise in inflation, a challenging trade-off” in the case of a Brexit vote. He added, “of course there’s a range of possible scenarios around those directions, which could possibly include a technical recession”.
Mr Rees-Mogg was selective/misleading with his quotation...

"could possibly include" is completely different from "would be"
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