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Thread: Q3 National Accounts

  1. #1
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    Default Q3 National Accounts

    If there was bad news we can be sure that these would be posted well before now. From Table 3 we can see that compared to Q3 2011, GDP is up 0.8% and GNP is up 3.7%. Consumption is even slightly up on last year with Investment up by 8.8%. Exports are up on the year, as are imports, with an overall rise on Net Exports. Only Government is down.

    It will take a bit of effort to knock these so here is your opportunity.

    http://www.cso.ie/en/media/csoie/rel...qna_q32012.pdf
    Last edited by Taxi Driver; 18th December 2012 at 01:43 PM.

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    Politics.ie Member hammer's Avatar
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    You know that it is bad form posting good news. Watch how this thread is avoided

    We are getting there............not as fast as we would like............but DELUDED FF left some hole behind.

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    Quote Originally Posted by hammer View Post
    You know that it is bad form posting good news. Watch how this thread is avoided

    We are getting there............not as fast as we would like............but DELUDED FF left some hole behind.
    But these figures cannot be right!

    Peadar Tóbín said that Austerity cannot work.

    He reckoned the Government should spend more money it has not got to support the economy and maintain 40,000 jobs that are dependent on borrowing money annually to sustain them.


    Most of the Lefties reckoned Peadar is right.

    Could it be that balancing the books gradually stimulating private investment can actually make the economy grow Peadar?

    Some one should tell Peadar that Gerry Adams wanted to send back all the bailout money only a while back, all €85 billion of it! That would have cost hundreds of thousands of jobs.

    The big lefty lie that needs to be nailed is that what they call Austerity will work. Real Austerity is what would have if Gerry had his way and sent back the €85 billion.

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    Politics.ie Member hammer's Avatar
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    When did you listen to a SF financial spokesperson and not laugh out loud ?

    They have a magic money tree somewhere, or access to a rainbow

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    Politics.ie Member hammer's Avatar
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    I`m also hearing that gadgets for Xmas are selling out, spending is higher than last year and the charities cannot believe the level of support they are getting this Xmas from ordinary individuals.

    Happy Xmas to one and all ( bar a few notable exceptions !!! )

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    Politics.ie Member clearmurk's Avatar
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    I guess if you want to accept state figures that are wholly discredited, then go ahead and be happy clappy.

    The issues with GDP and GNP have been discussed many times in this forum over past months.

    GNP growth of some 3.7% in the last year - who are they kidding?

    Try reading again http://www.politics.ie/forum/economy...?highlight=gdp

  7. #7
    Dylan2010
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    The national debt is still compounding faster than any income growth calculations, nothing has changed.

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    Politics.ie Member DownTheyGo's Avatar
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    Anyone know the numbers for seasonally adjusted GNP?

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    Politics.ie Member Kevin Doyle's Avatar
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    Quote Originally Posted by potholedogger View Post
    But these figures cannot be right!

    Peadar Tóbín said that Austerity cannot work.

    He reckoned the Government should spend more money it has not got to support the economy and maintain 40,000 jobs that are dependent on borrowing money annually to sustain them.
    Not knocking the figures but you do know the Government is still spending and borrowing?


    Most of the Lefties reckoned Peadar is right.

    Could it be that balancing the books gradually stimulating private investment can actually make the economy grow Peadar?
    Lefties? Its the RWers who want to gut spending, as fast as possible, not gradually. You must be left of centre so?

    Also what stimulus for private investment are you talking about?
    Voters don't decide issues, they decide who will decide issues.

    George Will

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    Politics.ie Member Analyzer's Avatar
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    We are borrowing how much per week to make this look this good ?

    And it only works, because we are seeing a massive contraction in imports (with a large proportion of this due to declining motor sales).

    Our debts are becomming increasingly unsustainable.
    Coveney's ambition is the be Ireland's next EU Commissar and Ireland will pay a price as he builds his CV to position himself sufficiently loyal to the nEU empire.

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