| Topic: | Re:Re:Re:Re:Re:Brexit impass | |
| Posted by: | Andy Riley | |
| Date/Time: | 11/03/19 09:59:00 |
| I pointed out that the short term Treasury economic analysis published prior to the vote has proved to be inaccurate. This document was one of the reasons I voted to remain. Perhaps you will understand my reason for now being sceptical (a web search for "how reliable are economic forecasts" makes interesting reading). I can see the value of economic analysis and forecasting; as you point out "to enable a sensitivity analysis to be carried out for given policies or scenarios", but I suspect stupid members of the public like myself interpreted the Treasury analysis as a prediction and were influenced accordingly. I suggest that a nation's prosperity depends, amongst other things, on the skills of its workers and managers, the enterprise of its entrepreneurs and the creativity of its inventers. Instead of addressing how we can improve productivity and rebalance our economy our political class and civil service seems to be spending much time and effort in thwarting the decision made, egged on by vociferous remain campaigners. |