John Hemming's Web Log John's Reference Website
Wednesday, March 24, 2010
  The Budget - Table B4
The big uncertainty in the budget is how accurate the predictions in Table B4 turn out to be. The growth from 2000 - 2007 averated 2 3/4. The government is predicting 1-1.5% for this year, 3-3.5% for 2011 and 3 1/4-3 3/4 for 2012.

If those figures are too high then that has a negative feedback on the rest of the budget. They rely on 1% of business investment in 2012 (and 3/4 in 2011), for example, when the average for 2000-7 is 1/4%.

A fraction of a percent has a big effect on the forecast deficit. The difficulty as usual is not having access to the treasury economic model.
 
Comments: Post a Comment

<< Home

Click Here for access to higher resolution versions of the photos The license for use allows use of the photos by media as long as they are attributed.

better brent chart

ARCHIVES
12/01/2003 - 01/01/2004 / 07/01/2004 - 08/01/2004 / 12/01/2004 - 01/01/2005 / 01/01/2005 - 02/01/2005 / 02/01/2005 - 03/01/2005 / 03/01/2005 - 04/01/2005 / 04/01/2005 - 05/01/2005 / 05/01/2005 - 06/01/2005 / 06/01/2005 - 07/01/2005 / 07/01/2005 - 08/01/2005 / 08/01/2005 - 09/01/2005 / 09/01/2005 - 10/01/2005 / 10/01/2005 - 11/01/2005 / 11/01/2005 - 12/01/2005 / 12/01/2005 - 01/01/2006 / 01/01/2006 - 02/01/2006 / 02/01/2006 - 03/01/2006 / 03/01/2006 - 04/01/2006 / 04/01/2006 - 05/01/2006 / 05/01/2006 - 06/01/2006 / 06/01/2006 - 07/01/2006 / 07/01/2006 - 08/01/2006 / 08/01/2006 - 09/01/2006 / 09/01/2006 - 10/01/2006 / 10/01/2006 - 11/01/2006 / 11/01/2006 - 12/01/2006 / 12/01/2006 - 01/01/2007 / 01/01/2007 - 02/01/2007 / 02/01/2007 - 03/01/2007 / 03/01/2007 - 04/01/2007 / 04/01/2007 - 05/01/2007 / 05/01/2007 - 06/01/2007 / 06/01/2007 - 07/01/2007 / 07/01/2007 - 08/01/2007 / 08/01/2007 - 09/01/2007 / 09/01/2007 - 10/01/2007 / 10/01/2007 - 11/01/2007 / 11/01/2007 - 12/01/2007 / 12/01/2007 - 01/01/2008 / 01/01/2008 - 02/01/2008 / 02/01/2008 - 03/01/2008 / 03/01/2008 - 04/01/2008 / 04/01/2008 - 05/01/2008 / 05/01/2008 - 06/01/2008 / 06/01/2008 - 07/01/2008 / 07/01/2008 - 08/01/2008 / 08/01/2008 - 09/01/2008 / 09/01/2008 - 10/01/2008 / 10/01/2008 - 11/01/2008 / 11/01/2008 - 12/01/2008 / 12/01/2008 - 01/01/2009 / 01/01/2009 - 02/01/2009 / 02/01/2009 - 03/01/2009 / 03/01/2009 - 04/01/2009 / 04/01/2009 - 05/01/2009 / 05/01/2009 - 06/01/2009 / 06/01/2009 - 07/01/2009 / 07/01/2009 - 08/01/2009 / 08/01/2009 - 09/01/2009 / 09/01/2009 - 10/01/2009 / 10/01/2009 - 11/01/2009 / 11/01/2009 - 12/01/2009 / 12/01/2009 - 01/01/2010 / 01/01/2010 - 02/01/2010 / 02/01/2010 - 03/01/2010 / 03/01/2010 - 04/01/2010 / 04/01/2010 - 05/01/2010 / 05/01/2010 - 06/01/2010 / 06/01/2010 - 07/01/2010 / 07/01/2010 - 08/01/2010 / 08/01/2010 - 09/01/2010 / 09/01/2010 - 10/01/2010 / 10/01/2010 - 11/01/2010 / 11/01/2010 - 12/01/2010 / 12/01/2010 - 01/01/2011 / 01/01/2011 - 02/01/2011 / 02/01/2011 - 03/01/2011 / 03/01/2011 - 04/01/2011 / 04/01/2011 - 05/01/2011 / 05/01/2011 - 06/01/2011 / 06/01/2011 - 07/01/2011 / 07/01/2011 - 08/01/2011 / 08/01/2011 - 09/01/2011 / 09/01/2011 - 10/01/2011 / 10/01/2011 - 11/01/2011 / 11/01/2011 - 12/01/2011 / 12/01/2011 - 01/01/2012 / 01/01/2012 - 02/01/2012 / 02/01/2012 - 03/01/2012 / 03/01/2012 - 04/01/2012 / 04/01/2012 - 05/01/2012 / 05/01/2012 - 06/01/2012 / 06/01/2012 - 07/01/2012 / 07/01/2012 - 08/01/2012 / 08/01/2012 - 09/01/2012 / 09/01/2012 - 10/01/2012 / 10/01/2012 - 11/01/2012 / 11/01/2012 - 12/01/2012 / 12/01/2012 - 01/01/2013 / 01/01/2013 - 02/01/2013 / 02/01/2013 - 03/01/2013 / 03/01/2013 - 04/01/2013 / 04/01/2013 - 05/01/2013 / 05/01/2013 - 06/01/2013 / 06/01/2013 - 07/01/2013 / 07/01/2013 - 08/01/2013 / 08/01/2013 - 09/01/2013 / 09/01/2013 - 10/01/2013 / 10/01/2013 - 11/01/2013 / 11/01/2013 - 12/01/2013 / 12/01/2013 - 01/01/2014 / 01/01/2014 - 02/01/2014 / 02/01/2014 - 03/01/2014 / 03/01/2014 - 04/01/2014 / 04/01/2014 - 05/01/2014 / 05/01/2014 - 06/01/2014 / 06/01/2014 - 07/01/2014 / 07/01/2014 - 08/01/2014 / 08/01/2014 - 09/01/2014 / 09/01/2014 - 10/01/2014 / 10/01/2014 - 11/01/2014 /


Powered by Blogger

Published, promoted, and printed (well not really printed I suppose, more like typed) by John Hemming, 1772 Coventry Road, Birmingham B26 1PB. Hosted by blogspot.com part of Google.com 1600 Amphitheatre Parkway Mountain View, CA 94043, United States of America. This blog is posted by John Hemming in his personal capacity as an individual.

Site Feed

If you want me to respond to any comment please either comment only on the past few entries or put something in your comment to make it clear what you are commenting on (the URL would help). Otherwise I will not be able to find the comment quickly and will not respond.

Links
Links (c) Peter Black (mainly Lib Dem)
Site
Meter eXTReMe Tracker