GDP is generally a bad measure for a healthy and happy population. Just look at the US - they have a way higher GDP per capita on average. That doesn’t mean that the majority of the US is happy and/or healthy.
This is what you’re looking for: The Pandemic hit you way harder than it should have because it was a double whammy, now you’re rebounding faster that’s not surprising but you’re still quite a bit behind to where you should be.
These estimates are based on the ‘doppelgänger’ method, in which an algorithm selects countries whose economic performance closely matches the UK’s before Brexit
How many times has it been revised? First they took out the USA part because of Trump, then they added in a bit of New Zealand’s economy. It’s a joke.
It certainly cannot be said to be factual. It’s a synthetic counter factual, otherwise known as bullshit.
How many times has it been revised? First they took out the USA part because of Trump, then they added in a bit of New Zealand’s economy. It’s a joke.
No. That’s how the method works: You create a country that’s actually comparable. If a country changes, it may cease to be comparable.
What’s your method, though? Comparing the UK to the rest of the EU? Our economic structure doesn’t even begin to be comparable! Same goes for comparisons against “near peers” countries being similarly wealthy doesn’t mean that they’re structured equivalently.
That’s not what that model does. It picks pieces of different economies and puts them together like Frankenstein’s monster and then they chop a leg off because it no longer fits the narrative.
Are you really saying comparing the 6 biggest economies in Europe is wrong? Lol
It’s absurd to take that as proof of anything versus comparison with similar local economies 👇
Now do the whole thing since Brexit. It’s easy to grow when you reduce yourself to a developing country beforehand.
Did you know that Slovenia has a higher life expectancy than the UK?.
Reality disagrees with you
GDP per capita…
Slovenia has a population of one of the UK’s smaller cities, not really a great comparison
Plenty of areas with a higher life expectancy
https://www.ons.gov.uk/peoplepopulationandcommunity/healthandsocialcare/healthandlifeexpectancies/bulletins/lifeexpectancyforlocalareasoftheuk/between2001to2003and2018to2020
GDP is generally a bad measure for a healthy and happy population. Just look at the US - they have a way higher GDP per capita on average. That doesn’t mean that the majority of the US is happy and/or healthy.
It’s the measure that everyone said brexit would affect though…productivity, specifically GDP per capita hit due to loss of comparative advantage…
Covid supply chain disruption made that irrelevant is my guess
Why are you bringing this wildly off topic stuff even up? Be bitter somewhere else.
Username checks out 😀
That’s not what I asked for but ok bud.
This is what you’re looking for: The Pandemic hit you way harder than it should have because it was a double whammy, now you’re rebounding faster that’s not surprising but you’re still quite a bit behind to where you should be.
Lol, that model is bullshit
How many times has it been revised? First they took out the USA part because of Trump, then they added in a bit of New Zealand’s economy. It’s a joke.
It certainly cannot be said to be factual. It’s a synthetic counter factual, otherwise known as bullshit.
No. That’s how the method works: You create a country that’s actually comparable. If a country changes, it may cease to be comparable.
What’s your method, though? Comparing the UK to the rest of the EU? Our economic structure doesn’t even begin to be comparable! Same goes for comparisons against “near peers” countries being similarly wealthy doesn’t mean that they’re structured equivalently.
That’s not what that model does. It picks pieces of different economies and puts them together like Frankenstein’s monster and then they chop a leg off because it no longer fits the narrative.
Are you really saying comparing the 6 biggest economies in Europe is wrong? Lol
It’s absurd to take that as proof of anything versus comparison with similar local economies 👇