Is it really possible to state that the economy has 'grown by 0.2%' or 'shrunk by 0.3%'? Are the measurements really that accurate or is there some margin of error within which such statements are actually at best rather spekulative (sic) and at worst nonsense?
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GDP and margins of error
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GDP and margins of error
And what exactly is wrong with an "ad hominem" argument? Dodgy Agent, 16-5-2014 -
GDP is a load of boll0x: a moderately paid lawyers in London would contribute more to UKs GDP than dozens of railway engineers making thousands of miles of modern high speed railway in China.
HTH -
Isn't the headline a preliminary figure, which they sometimes adjust up or down later when more data comes in?Comment
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Originally posted by Doggy Styles View PostIsn't the headline a preliminary figure, which they sometimes adjust up or down later when more data comes in?And what exactly is wrong with an "ad hominem" argument? Dodgy Agent, 16-5-2014Comment
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Originally posted by Mich the Tester View PostIs it really possible to state that the economy has 'grown by 0.2%' or 'shrunk by 0.3%'? Are the measurements really that accurate or is there some margin of error within which such statements are actually at best rather spekulative (sic) and at worst nonsense?While you're waiting, read the free novel we sent you. It's a Spanish story about a guy named 'Manual.'Comment
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If it looks good, it's completely accurate and the government is responsible. If it looks bad, there's a wide margin of error and it's due to factors outside the government's control, such as snow.Comment
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Originally posted by NickFitz View Postdue to factors outside the government's control, such as snow.Comment
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Originally posted by AtW View PostYou think massive snow that closed airports at the end of last year did not have an effect?Comment
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Originally posted by NickFitz View PostThe Swedish economy grew by 5.2% in 2010. Clearly it never snows thereComment
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Originally posted by NickFitz View PostThe Swedish economy grew by 5.2% in 2010. Clearly it never snows thereComment
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