emerty
I'm still waiting for the Abba party one
Still not relevant to anything though, because as I said the measure is against where we would have been had we stayed in, not how well we still stack up in some rankings.
It's clearly relevant to our nearest economic peers...it's actual data, in the measure that the OBR forecast, and not educated guesses.
I'm tired of your dullness, goodbye
https://www.instituteforgovernment.org.uk/article/explainer/brexit-spending-government-preparations
It's impossible to prove where the UK would have been, a 100 year pandemic makes the brexit effect just noise. The synthetic counter factual models are smart but stupid.
You do realise that your 4% forecast is also a could and maybe yeah?
Here are the actual facts on GDP per capita. Maybe you understand pictures more easily than words
https://data.worldbank.org/indicator/NY.GDP.PCAP.CD?locations=GB-XC-FR-DE-ES-IT&start=2016
Very reminiscent of the cold war
I know how UK common law is written and how civil regs are, I'm not even going to begin arguing unless you demonstrate that you know the difference
And the cost? UK govt has actually spent around £8b on brexit preparations
The investment delay will be recouped
UK was 2nd in Europe on GDP per capita in 2016 and is still 2nd in Europe in 2022 so it's negligible.
long-run productivity is GDP mate. Unless you have something which actually says otherwise? Even assuming it is GDP per capita, so what?
🤦♂️
GDP growth was similar in the twentieth century and the nineteenth, averaging 2.1 per cent in both cases. Higher productivity growth in the twentieth century therefore is associated with weaker growth of total hours worked, due to a combination of weaker employment growth and falling average hours
You don't understand your own link, 🤡
Not maybes or coulds. Overly restrictive regs, because all EU law is civil law, not common as in the UK. I doubt you'll ever admit you don't know what you're talking about though
What's the long range population forecast for the UK genius?
Yeah, sounds unlikely doesn't it?
But that's what the forecast says. 4% of productivity lost over the long term of 15 years due to loss of comparative advantage
https://obr.uk/forecasts-in-depth/the-economy-forecast/brexit-analysis
But the forecast is for the cost, no benefit is included.
The loss of comparative advantage is replaced, I'd argue, with competitive advantage which has a much stronger effect. The UK is no longer bound by the anti science regulations on genetic engineering and the new overly restrictive proposed regulations on AI
GDP per capita is a ratio of GDP / population, so if you do more with fewer people, by using automation, robots and AI, your GDP per capita will grow...
The 4% figure over 15 years is a difference of 0.29% to 0.27% productivity growth. Government policy has at least that 0.02% effect
I predict a Starmer govt will be able to introduce policy that will offset the productivity loss just by investing in renewable energy, let alone any research universities' innovations.
Vaybe it's Valvoline