tag:blogger.com,1999:blog-1638916042737526171.post3213572415090662818..comments2024-03-28T07:16:39.621+00:00Comments on Lallands Peat Worrier: Labour's Pushmipullyu: Gloating at my prescienceLallands Peat Worrierhttp://www.blogger.com/profile/18276270498204697708noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-1638916042737526171.post-23063762024547668172009-10-04T19:23:00.794+01:002009-10-04T19:23:00.794+01:00I believe that there needs to be three straight qu...I believe that there needs to be three straight quarters of nil or negative GDP "growth" to equal a recession; so presumably Gray will argue that we will need to see three straight quarters of positive growth before it is "safe" for a Referendum. Otherwise the electorate's heads might explode.<br /><br />According to the UK Labour Party (Scottish Branch) the Scottish people can apparently cope with thinking about health, crime, employment, fisheries, agriculture, education, crofting, all at the same time; but not about the future of the country as an independent state. <br /><br />Pathetic.<br /><br />But hang on, three quarters' growth would take us to Summer/Autumn 2010, which is when the Scottish Government plans to hold the Referendum. Hmmmm.Cruachanhttps://www.blogger.com/profile/12247076776969308931noreply@blogger.comtag:blogger.com,1999:blog-1638916042737526171.post-83609310173165497812009-10-04T08:11:29.630+01:002009-10-04T08:11:29.630+01:00I suspect Labour will just emphasise that although...I suspect Labour will just emphasise that although the recession has ended it'll still be a long haul back to a bouyant economy. After all, even when the economy is growing again it'll be a while until output returns to pre-recession levels. And as per usual unemployment will continue rising even when economic growth has resumed.<br /><br />Of course, that will to an extent undermine Labour's feelgood narrative, but it allows them a get out clause vis-a-vis the referendum.Stuart Wintonhttps://www.blogger.com/profile/02772436419630464325noreply@blogger.com