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For comparison, Remain advocates predicted a fall in GDP of 3.6-6.0%: https://www.gov.uk/government/speeches/brexit-would-put-our-economy-in-serious-danger-art
by Uhhrrr 3mo ago
For comparison, Remain advocates predicted a fall in GDP of 3.6-6.0%:
https://www.gov.uk/government/speeches/brexit-would-put-our-economy-in-serious-danger-article-by-david-cameron-and-george-osborne https://www.gov.uk/government/speeches/brexit-would-put-our-...
- MagnumOpus 3mo agoSo it seems like they have been spot on? TFA quotes the OBR as estimating a 4% negative impact and the CEFR estimate of -5.5% cumulative impact.
- Uhhrrr 3mo agoI should mention that the Remain advocate estimates of 3.6-6.0 were for a time frame of two years: https://www.gov.uk/government/publications/hm-treasury-analysis-the-immediate-economic-impact-of-leaving-the-eu https://www.gov.uk/government/publications/hm-treasury-analy...
- mike_hearn 3mo agoThere has been no negative impact. Every claim of negative impact falls apart when investigated. I wrote about one example on another thread: https://news.ycombinator.com/item?id=48473246 https://news.ycombinator.com/item?id=48473246 The actual data doesn't support any of these estimates. Note the response of the guy I was arguing with. Faced with the reality that the sources he/she trusted are lying, they rejected the honest source they asked for because of "bias". This kind of motivated reasoning is everywhere in this debate. Quite annoying.