bluethrunthru
Well-Known Member
can thoroughly recommend Call Jonathan Pie on BBC Sounds or YT - hilarious
I suspect that your problem here is that you’ve only done 3 minutes of research.Before you post you really should do a bit of research - its not hard this took me @3 minutes - we have not had what you suggested over the last 15 years
Inflation has not been low over your suggested period
Inflation and price indices - Office for National Statistics
The rate of inflation is the change in prices for goods and services over time. Measures of inflation and prices include consumer price inflation, producer price inflation and the House Price Index.www.ons.gov.uk
The labour market has remained broadly the same for years
I suspect that your problem here is that you’ve only done 3 minutes of research.
Over the last fifteen years of data - to May 2023 for the inflation series - CPI inflation averaged 2.89%. This is above the BoE’s target but not materially and clearly this includes some large numbers over the past year.
In the 15 years to the start of the Ukraine war, the average was 2.29%, and in the ten years to the war the figure is 1.83%. Realistically these figures are about as close the 2% target as you are going to get, and the standard deviation of annual inflation over these periods was also unremarkable.
As for unemployment, and again sticking to your 15 year period, the average unemployment rate for the 15 years to March 2023 is 5.74%. Given that the monthly unemployment data are available since January 1971, this 15 average series is obviously only available since 1986, but the latest figure (5.74%) is actually the lowest on record. The 10-year average is also currently at a record low.
So, low inflation without excessive volatility, and very, very low unemployment.
It’s all very nice but can you please explain what the Tories have done for the country in the last 13 years?I suspect that your problem here is that you’ve only done 3 minutes of research.
Over the last fifteen years of data - to May 2023 for the inflation series - CPI inflation averaged 2.89%. This is above the BoE’s target but not materially and clearly this includes some large numbers over the past year.
In the 15 years to the start of the Ukraine war, the average was 2.29%, and in the ten years to the war the figure is 1.83%. Realistically these figures are about as close the 2% target as you are going to get, and the standard deviation of annual inflation over these periods was also unremarkable.
As for unemployment, and again sticking to your 15 year period, the average unemployment rate for the 15 years to March 2023 is 5.74%. Given that the monthly unemployment data are available since January 1971, this 15 average series is obviously only available since 1986, but the latest figure (5.74%) is actually the lowest on record. The 10-year average is also currently at a record low.
So, low inflation without excessive volatility, and very, very low unemployment.
It’s not a question of knowing more than the ONS, it’s simply about the correct use of the data they publish.Thank god you know more than the ONS
It’s all very nice but can you please explain what the Tories have done for the country in the last 13 years?
Alter Kampfer? Really?Fuck all but Brewster is a die hard Alter Kampfer and will fight in a ditch to the bitter end rather than admit they are shit
He seems like a technocrat, pontificating why they haven’t delivered rather than understanding why they can’t. Don’t really like to judge as things do get lost on message boards.Fuck all but Brewster is a die hard Alter Kampfer and will fight in a ditch to the bitter end rather than admit they are shit
He seems like a technocrat, pontificating why they haven’t delivered rather than understanding why they can’t. Don’t really like to judge as things do get lost on message boards.
What I will say is that the many year’s of Tory infighting has tanked this country, to the point where we find ourselves in a bigger mess than we were in, in the 80s. It’s disgraceful where our public services are and it’s quite clear that certain elements of the government want an uneducated, unhealthy, under skilled UK in order to pillage the lower and medium earners to enhance the rich.
The question for me is ‘Why, at this moment in time, and with many issues such as climate change, are all these big corporations, and individuals, monetising themselves?’.
For me, a person who moves between parties dependent on their policies, I find the current crop absolutely abhorrent, and how anybody can support these even worse as they can only be doing it to make a few quid while many suffer.
Tory party, and supporters, dead to me. In fact, the less of you, the better.
He seems like a technocrat, pontificating why they haven’t delivered rather than understanding why they can’t. Don’t really like to judge as things do get lost on message boards.
What I will say is that the many year’s of Tory infighting has tanked this country, to the point where we find ourselves in a bigger mess than we were in, in the 80s. It’s disgraceful where our public services are and it’s quite clear that certain elements of the government want an uneducated, unhealthy, under skilled UK in order to pillage the lower and medium earners to enhance the rich.
The question for me is ‘Why, at this moment in time, and with many issues such as climate change, are all these big corporations, and individuals, monetising themselves?’.
For me, a person who moves between parties dependent on their policies, I find the current crop absolutely abhorrent, and how anybody can support these even worse as they can only be doing it to make a few quid while many suffer.
Tory party, and supporters, dead to me. In fact, the less of you, the better.
This doesn’t even make sense, does it?The man is drowning and refusing a lifebelt because it is woke
This doesn’t even make sense, does it?
‘Refusing a life belt because it is woke’. Gibberish.
And suggesting that people are drowning when you’re labelling others as the most fervent form of Nazi, all because of something as trivial and inoffensive as I’ve posted this evening?
Again, utterly embarrassing.
I'm convinced that you'll come back as a ghost just to haunt people by mumbling on about Brexit being betrayed.
This argument is in the context of the New Conservative demand for less immigration, and wages to rise to fulfil supply to shortage occupations, so I assume you're agreeing that you can't have that and not cause inflation.I’m simply stating that it is possible to have low inflation with a tight labour market, if you have productivity growth, low goods price inflation and the demand for workers is met by immigration and/or UK-based workers returning to the workforce or working longer hours.
As for wanting it both ways, as you put it, I haven’t made any such claims. I’m simply explaining how you can have low inflation within a tight Labour market.
The tories are facing an existential threat whatever happens because millenials and generation X detest them with the same psassion I do. I remember how their policies destroyed communities in the late 70's and early 80's, which I will never forgive them for. I have resolutely detested them ever since, and I have meant it over the years when I have said I could have a gun pointed at my head in the polling station ordering me to vote tory, and I would still refuse to vote for them. They might as well order me to wear a united shirt. It ain't going to happen.Labour are not talking about it for now but they may turn that way if/when elected. To talk about it now gives the Tories the chance to scream that Labour are trying to stitch things up and exclude Tories from ever getting power again to an electorate too stupid to understand FPtP allows the Tories to win massive majorities under a system that allows that with a minority vote
I've long been a supporter of PR but its main drawback is that it doesn't prevent extremes, it gives them a voice and the chance of being in a coalition government. And look at which group the Tories joined in the European Parliament.The tories are facing an existential threat whatever happens because millenials and generation X detest them with the same psassion I do. I remember how their policies destroyed communities in the late 70's and early 80's, which I will never forgive them for. I have resolutely detested them ever since, and I have meant it over the years when I have said I could have a gun pointed at my head in the polling station ordering me to vote tory, and I would still refuse to vote for them. They might as well order me to wear a united shirt. It ain't going to happen.
That said, I am a firm believer in democracy. As unappealing as the party is, Reform UK will receive a percentage of the vote at the next election, and if it's 5%, they deserve 5% of the politicians. If the LIb Dems receive 15% of the vote, their voters deserve to have 15% of MP's representing their views in the house of commons, and so on.
For me, it seems the fairest way for everyones opinions to be represented, which is what I believe should happen. I can't think of of a better way of all opinions being considered when no party has an absolute majority,
It prevents extremes, has wider appeal as everyones vote counts, and if it means coallitions have to be formed between parties, then so much the better.
We wouldn't have had the shitsow of failure over the last 13 years if different opinions had been taken into account at cabinet level, which is why I don't understand why Labour are against electoral reforms that would support policies with more moderate principles.