12 %



PBP voter

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What about all the jobs the UK was supposed to lose when it didnt join the Euro?
 

devonish

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Leaving the European Union with no deal would reduce economic growth in Northern Ireland by 12 per cent over 15 years, according to a leaked British government analysis.

https://www.irishtimes.com/news/world/uk/northern-ireland-faces-slump-in-growth-if-uk-leaves-eu-without-deal-1.3383829

Feck.
/

You forgot the all important word "COULD", and have replaced it with "would" was this to deliberately mislead or due to a lack of attention to detail / lack of comprehension?
 

McSlaggart

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/

You forgot the all important word "COULD", and have replaced it with "would" was this to deliberately mislead or due to a lack of attention to detail / lack of comprehension?
I took the text from the body of the document.
 

between the bridges

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/

You forgot the all important word "COULD", and have replaced it with "would" was this to deliberately mislead or due to a lack of attention to detail / lack of comprehension?
All ballix anyway, guessing how A effects B and C, and is it 12% less of the predicted growth rather than 12% less than now?...
 

Sword of Gideon

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Leaving the European Union with no deal would reduce economic growth in Northern Ireland by 12 per cent over 15 years, according to a leaked British government analysis.

https://www.irishtimes.com/news/world/uk/northern-ireland-faces-slump-in-growth-if-uk-leaves-eu-without-deal-1.3383829

Feck.
That is an average of 0.8% per year. UK for last year was something like 1.8% so 12% over 15 years would reduce it to 1.7856% big deal, we can live that if it allows us to have control over our own affairs.
Project Fear managers use statistics to suit themselves
 

Spirit Of Newgrange

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Glenshane4

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between the bridges

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If we get rid of all the foreigners who have descended on Northern Ireland like a plague of locusts, we will need less economic growth.
G4 tis it true ye work for the tourist board?...
 

Ex celt

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What about all the jobs the UK was supposed to lose when it didnt join the Euro?
And when they voted brexit. Unemployment at record low and all other lights on the economic dashboard flashing green for go.
 

hollandia

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That is an average of 0.8% per year. UK for last year was something like 1.8% so 12% over 15 years would reduce it to 1.7856% big deal, we can live that if it allows us to have control over our own affairs.
Project Fear managers use statistics to suit themselves
Project fear seem to a much better understanding of numerical analysis than you do, that's for sure.
 

AhNowStop

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The uninformed deluded denial on this thread in incredible, magnificent & scary all rolled into one .....

Would some Brexiteer mind telling everyone exactly where the “new export deals” to replace the exports to the EU which will undoubtedly (barniers words 2 days ago) be lost, come from ?

Can’t wait ?
 

Dame_Enda

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The experts said the UK economy would go into recession if it voted for Brexit. Hasn't happened
 

CastleRay

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The experts said the UK economy would go into recession if it voted for Brexit. Hasn't happened
Indeed. When people said they were sick of the experts’ advice they were called stupid and educated (including by the OP-er). The stupid and uneducated have been proven more intelligent to date. People can spot propaganda, manipulation of stats and biased financial modelling regardless of the perceived credentials of the source.
 
Last edited:

GDPR

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It is difficult to accurately predict 2 or 3 years, nevermind 15. But what will negatively impact in the short term is the continued non-decision mode that Westminster are engaging in. And everybody knows full well that the tories will screw over NI at the drop of a hat when it suits.
 

devonish

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Indeed. When people said they were sick of the experts’ advice they were called stupid and educated (including by the OP-er). The stupid and uneducated have been proven more intelligent to date. People can spot propaganda, manipulation of stats and biased financial modelling regardless of the perceived credentials of the source.
Except that if you put barriers up to trade where none currently exist the only conclusion you can logically come to is that the imposition of those barriers will result in lower economic growth than would otherwise have been the case. Of course the figures quoted in terms of the economic impact are not to be taken as absolute or fact, they represent the central projection from 1000's of simulations. I'm sure if they were to have factored in wonderful shiny new trade deals all of which were in UKs favour then they would have been projecting a positive outcome.
 

between the bridges

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Except that if you put barriers up to trade where none currently exist the only conclusion you can logically come to is that the imposition of those barriers will result in lower economic growth than would otherwise have been the case. Of course the figures quoted in terms of the economic impact are not to be taken as absolute or fact, they represent the central projection from 1000's of simulations. I'm sure if they were to have factored in wonderful shiny new trade deals all of which were in UKs favour then they would have been projecting a positive outcome.
If they are still predicting growth is it a negative prediction or 12% less of a positive? Lies damn lies and statistics!...
 

CastleRay

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Except that if you put barriers up to trade where none currently exist the only conclusion you can logically come to is that the imposition of those barriers will result in lower economic growth than would otherwise have been the case. Of course the figures quoted in terms of the economic impact are not to be taken as absolute or fact, they represent the central projection from 1000's of simulations. I'm sure if they were to have factored in wonderful shiny new trade deals all of which were in UKs favour then they would have been projecting a positive outcome.
If you take bureaucracy out of the system and open up to other markets you can logically presume higher growth. The experts always seem to model their prediction as a horror story and dress it as such. 12% sounds horrendous but not over 15 years and given their 'project fear' track record which has been proven wrong, I'm not too concerned about their media statements.
 


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