CyclopsRock
Member
Question: Do you think the Gross National Product is not contingent on productivity?
Of course. But it's the resulting GNP figure that's interesting.
Question: Do you think the Gross National Product is not contingent on productivity?
That's not entirely true when trying to analyse macro-economic trends. You are interested in knowing when you are trying to identify trends, especially when it comes to GDP per Capita and it helps inform policy recommendations.Of course. But it's the resulting GNP figure that's interesting.
Former Chancellor George Osborne has called on the government to build high-speed rail lines across the north of England, from Liverpool to Hull.
Mr Osborne, who spearheaded the "Northern Powerhouse" initiative when in government, asked for the commitment in an article in the Financial Times.
He admitted "it will not be cheap", but said it would "transform" the economy.
Northern England? That's a nice concept.George Osborne urges 'HS3' rail for Northern England.
That's a smart idea, maybe if he gets into government one day he might actually implement something like that.
Being fair to him. He was involved with HS2 when it was approved in 2012 and this is a pretty long term project. HS2 phase 2 isn't slated to land till 2032.That's a smart idea, maybe if he gets into government one day he might actually implement something like that.
That's not entirely true when trying to analyse macro-economic trends. You are interested in knowing when you are trying to identify trends, especially when it comes to GDP per Capita and it helps inform policy recommendations.
CyclopsRock said:why does anyone on the street care about productivity?
CyclopsRock said:I get why it's important from a macro point of view, just not for actual human people.
As Crab saidRight, but my original point was....
I went on to conclude...
I mean, the policy wonk's making recommendations are, technically, human people, but ya know what I mean.
I know you responded already but I still don't see why this statistic is any more or less abstract than any other to an individual.You can say this of literally any macro statistic. Why do I care if GDP/capita is higher? I'm only concerned with my own real income, not the national average. I don't care what Bobs earns.
As Crab said
I know you responded already but I still don't see why this statistic is any more or less abstract than any other to an individual.
Well, I'll reiterate my answer succinctly - because one company's productivity has zip all to do with another company's productivity, where as GDP affects everyone, whether you're contributing to it positively or negatively.
But we're going around in circles, so let's change the subject. Chris Bryant sure is a tool, huh?
GDP doesn't affect everyone. Say some wealthy guy got £1,000,000 more and I got nothing. GDP went up £1,000,000 - didn't mean shit to me.
The UK's GDP is growing at the moment. The North East's GDP is stagnant, even moderately declining. If I'm from oop North, why do I give a damn about the UK's GDP? None of it comes up here!
GDP doesn't give you any real indication of what you're likely to sell going forward in and of itself, though. That's a misunderstanding of what GDP is. Rising GDP means that you should have sold more over the period in which that rising GDP was measured. It doesn't say anything about the future. GDP was rising in London in 2007. Was that good for the North in 2008?
The concept of selling a product people want is pretty abstract when you're a drone in the bowels of accounts payable.
I dunno, productivity just seems especially detached, company to company. Lowered GDP means less money sloshing around which is bad for basically everyone except pay day loan companies. Whether you're self employed or a grunt in a giant corporation, there are basically no circumstances where strong GDP growth isn't good for you, even if very indirectly. If company A has contributed a lot to GDP growth and Company B has lost a ton, they're both still affected by the resulting GDP figures. But productivity just seems useless as a metric for anything. If Company A's productivity is great, and company Bs isn't... Who cares? I mean, beyond what that means for GDP.
Asked how she views rival MPs, Ms Pidcock said:
The idea that theyre not the enemy is simply delusional when you see the effect they have on people a nation where lots of people live in a constant state of fear whether they even have enough to eat.
She claimed there were two types of Tory those born into privilege, and the ideologically driven who believe capitalism is the best route to prosperity.
Whatever type they are, I have absolutely no intention of being friends with any of them."
I imagine the many thousands of Tory voters in her constituency that she's also paid to represent will be delighted to hear this too.She's not wrong. No such thing as a good Tory.
She's not wrong. No such thing as a good Tory.
More to the point though, by going off to skwawkbox.org, mad conspiracy nutters, for an interview, she's just reinforcing all the stereotypes of a young, Corbynite MP. It'd be like a new Tory having a nice sit down chat with Guido.
I think the point is that a Conservative voter would look at Skwawkbox the way a Labour voter would look at Guido, rightly or wrongly.I'll agree to the first sentence but I think the reality-distorting powers of Skwakbox and The Canary are more akin to... certain national newspapers than Guido Fawkes.
Agreed. I find myself strongly opposed to anyone who thinks we can make the country better by making the weakest members of society suffer.
How can Jeremy *unt think going up against someone so well respected will work? https://www.theguardian.com/comment...k-nhs-stephen-hawking-crisis?CMP=share_btn_fb (New Hawking post re his comments).
You'd really hope the UK public would have a hell of a lot more respect Hawking over the man who seems to want slowly destroy the NHS.
New series of Broadchurch first set photo.
@DavidTCDavies
appalling & discriminatory suggestion. Police could save fortune by not paying 4 interpreters 4 non English speakers https://t.co/WP16xUFh3f
Can this dude get sacked?
https://twitter.com/DavidTCDavies/status/901208645429600256
Saying non English speakers should get no interpreters when being questioned by police.
Dude us scum
I don't know if it's dedicated thread-worthy but it certainly is worthy of celebration - an actual stance that makes logic and that garner support from remainers of all parties.
If only they had done this before the election..
If only they had done this before the election..
We'd be busy talking about Labour's demise and May's 200-seat majority right now instead.
We'd be busy talking about Labour's demise and May's 200-seat majority right now instead.
We'd be busy talking about Labour's demise and May's 200-seat majority right now instead.
http://www.mirror.co.uk/news/politics/theresa-sets-date-shell-quit-11061894
Daily Mirror stating May will quit in August 2019.
Just in time for whoever comes in to face a fucking mess.
Strong and stable.
http://www.mirror.co.uk/news/politics/theresa-sets-date-shell-quit-11061894
Daily Mirror stating May will quit in August 2019.
Just in time for whoever comes in to face a fucking mess.
Strong and stable.
While that is true and does help the Tories shift blame, I think it also helps Labour. The Tories have been blaming Labour since they got in power for the results of their own actions.Past "Hey, I just gave the people a chioce. What happens next won't be my fault" quits
Present "Hey, I just followed through on the the will of the people. This wasn't my fault" quits
Future "Hey, I'm just cleaning up the mess. It's not my fault" quits?
It's a concerted effort to make sure nobody at any given time is responsible for anything.
mmm, that's speculative at best. I put the loss down to the Tories putting in zero effort.
I'm extremely skeptical of this. If the election had turned into a straight Remain-Leave fight, Labour would have been massacred. Outside of London, over 85% of Labour-held seats voted Leave. The decision to be, uh, flexible on Brexit, and by doing so move the conversation on to other issues - standards of living, healthcare - is what moved the Conservatives onto territory they were not especially good on.
The Conservatives don't just "put zero effort in", they misjudged the election. They thought it was going to be the Brexit election.
The Conservatives don't just "put zero effort in", they misjudged the election.
I think it was the manifesto's fault. The total shit show of its contents meant there were nothing but negative news cycles for the Tories, with no rabbits being drawn out of hats, and they lowered the bar for positive legislation so far that Labour barely needed to do anything to appear better. With a decent manifesto IMO the Tories would have got a majority.