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Old 18-06-2018, 15:02   #3086
1andrew1
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Re: Brexit discussion

Quote:
Originally Posted by OLD BOY View Post
You didn't say it, Andrew, but you seem to love quoting them and the economists supporting your arguments as if their forecasts prove your point.

My point is that the forecasts they make a rarely correct. This is largely down to the assumptions made, so if their assumptions are wrong, the projections will be wrong.

And let's not forget that economists and civil servants always tend to take an over-cautious stance.
Your approach is to adopt a view and hold it as matter of faith, even if analysis suggests it is likely to be flawed. Mine is to take a look at all the available evidence and then make a decision based upon that. I take no satisfaction from knowing that yet another independent piece of analysis shows that our economic growth is likely to be less than if we remained in the EU.
As Hugh and others have pointed out before, the forecasts that economists make have a high degree of accuracy and it is wrong and unfair to these hard working professionals to claim otherwise.
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