• Bernie Ecclestoned@sh.itjust.worksOP
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    1 year ago

    He’s right. All those things are due to either Tory incompetence or war effects

    UK is no worse off than any peers

    In fact, the future looks to be ok according to the imf. The economy has to slow next year to kill off inflation, but after that, and with a Labour government there are reasons to be cheerful. Time for Lexit.

    • Plantee@kbin.social
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      1 year ago

      Solely looking at GDP says little about the impacts of Brexit, especially on the impact it has on individuals. While it tells us the UK fares well on production capacity and economic growth, it says little on the welfare and well being of her citizens.

      There is of course a lot of disparity of the origins in the data, and Tory governing most likely have its effects as well.

      Point is, GDP is not a good measure on whether things are looking bright for individuals.

        • Plantee@kbin.social
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          1 year ago

          I was merely pointing out that GDP is a tool to look at the economy as a whole, but it can not visualise more specific trends or inequalities, let alone those caused by Brexit.

            • Plantee@kbin.social
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              1 year ago

              There are definitely effects on the British economy because of Brexit, just alone the loss in confidence in the British economy after the vote and the uncertainty following it.