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Not deliberately implying it - who knows maybe? What I'm trying to say is that an opinion on whether it's a good thing economically or not is useless unless the economic benefits have been modelled and they know the results. Of course people can still argue over the parameters for the model...

He really is a fuckwit. God help us.

HS2 is infrastructure (replying to Clint). And taking the opinion of some bloke who lives near to the route as an expert voice doesn't cut it for me. I also know next to nothing about the economic benefits from a faster train service; although I'm pretty sure I could build a model I don't know...

There are huge investments in infrastructure (HS2 and crossrail) but they aren't there yet. But I agree. And yet the majority of the investment has to come from private commerce. I think the biggest factor is all tied up with low-skilled labour and pay. Because labour is cheap, firms have no...

They explained in their report why that was - productivity. These have been out for a while - read several articles over the last weekend on their predictions. They may be overly pessimistic - we will see.

Tony, if I thought for a second that you understood the economic environment that Hammond is facing, then I'd debate with you. As it is, I'll just point out that you complain constantly that not enough is being spent and then complain when more is spent, albeit without throwing everything into...

Agreed. The strangest thing I found was in a book containing prints of old household items and advertisements (I buy and sell books as well as reading). It was a publisher's copy and there was a note inside which had obviously been passed between staff in the publisher's office. It said that...

I don't usually watch, but I do love a bet on things like this and I'm back on Betfair exchange. Early thoughts are that Wise is too long at 18s so I've backed him and am shorting the woman from Corrie at 5s. I assume it's the people that come across as OK people that usually win?

Whilst I don't disagree with much of what you write, this sentence alone puts miles between our perceptions on subjects such as these.

I haven't seen it, but he was almost certainly referring to the economic definition of full employment. At any point in time, economic theory is that there will be some people between jobs and hence literal zero unemployment is not achievable. Full employment - Wikipedia

That is because my perception is that if the current government is scoring 3/10 then Corbyn would score -100. In my mind, at least, the two are incomparable.

Yeah, but tell us what you think about coming back from 1-0 down Jodi.

A matter of opinion, as I wrote before. However, I would say that they deserve more scrutiny, not less - as not one of them appears to understand finance and what they do could be the ruination of the country. Nobody here, I don't believe' is claiming that the current government is doing a...

Effectively yes. And Marr didn't call him out on it enough. As I wrote above, the definition of government debt is effectively issuing bonds.

The key here Grendel, is by how much debt costs would increase and how much growth would increase to make it worth it. I believe it would be a disaster but I don't know. To counter my own argument: Labour will borrow a lot of money initially and gilt yields will increase. The country will...

The real problem here is going to be the massive increase in carless drivers. The precinct will be crowded with middle-aged men making engine noises, barging through and shouting at other pedestrians. There will be teenage kids stealing other people's shoes and then leaving them burnt out in...

Clint, I think it depends on one's views re scrutiny. When I watch the BBC it always feels like Labour is given an easy ride and the government lambasted. However, I have now listened to McDonnell and have some points on what he says. I'll be completely open and disclose that I know a lot...

Well it all depends on your views on how successful Labour would be if they gained power. I believe it would be an unmitigated disaster. And then I see a weak government; a weak PM and Labour winning in the opinion polls. I'd go as far as to say that this is one of the issues most prevalent...

Me too. My daughter bought me a kindle but I don't use it.

You'd read The Outsider in three sittings. :)