Message from @β³ U T U M N π¦
Discord ID: 631151620687659018
"That's interesting because nowhere in the report they reference does it say anything of the sort"
https://www.ifs.org.uk/uploads/GB2019-Chapter-3-UK-economic-outlook-in-four-Brexit-scenarios.pdf
"The UK is already up to a staggering Β£66bn poorer because of the Brexit vote after economic growth evaporated, experts warn today."
Posted earlier as an independant article and was addressed by @β³ U T U M N π¦
I was directly quoting them
βThe UK economy is already around Β£60bn smaller than it would have been without a vote to leave the European Union,β said Christian Schulz, chief UK economist at the bank Citi, which helped compile the report.
Nowhere in the reports that article references (https://www.ifs.org.uk/uploads/The-2019-IFS-Green-Budget.pdf), does it say that the wealth of the country has declined. The report says that "GDP is roughly 2.5β3.0% (Β£55βΒ£66 billion) below where we think it would have been without Brexit." So rather it's a speculative at best prediction of what the author thinks would actually be the case based on their own subjective forecasts. As these forecasts are entirely speculative and as there is no way to affirm their validity, it is totally unknown whether or not they are even remotely correct.
ie: it's an opinion of two pro remain economists.
Right so that brings up the situation of how things are presented and framed.
When you say to the average person "we are poorer" that is losing money. It mean to them its below what was there before.
Once again its all framing, rephrase it as "an economist says the UK will lose out on Β£xx of growth" and you'll be fine.
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No
It's framing
It's not even framing as such
Its also a statement of facts about a situation that is up in the air
It's just an entirely subjective opinion of two economists lol. It has the same validity as publishing a report with the predictions of economists who were pro brexit
Yes there is likely to be a reduction in growth in the short term.
But you can't say "THE UK WILL LOSE THIS EXACT NUMBER"
Because that is totally bullshit, since you don't know
The no brexit forecasts also don't seem take into account things like china
Looks like essentially an extrapolation of previous
When the whole of Europe has seen a downturn
So it would come to reason we would have also seen some downturn even if we didn't vote to leave.
Even then the predictions see a return to form in the medium term anway
Which is quite literally exactly what every sane brexiteer is saying
Short term losses
What is short term to you
Because leading brexiteers say it could take 50 years
to see any benefits to this
I'll take that report, it predicts a return to good growth by 2022
That is still even short term tbh
That will be a miracle considering we are heading into a recession this yaer
So
Do you agree with it or not then?
Just the bits that agree with your narrative?
Hey we could see a return to growth in 3 years
still means we have punished ourselves
and made ourselves poorer
We are not heading into a recession lmao