Politics

Forum for admin topics, member introductions and general non-hifi chitchat.
Daniel Quinn
Posts: 8592
Joined: Thu Jul 12, 2012 7:16 am
Has thanked: 24 times
Been thanked: 402 times

Re: Politics

Unread post by Daniel Quinn »

Macca wrote:A company doesn't have a GDP, since it is not an economy and doesn't work like one. Turnover is about the closest you can get.
tunrover is not the closest you can get . see previous comment

and a company as a figure which contributes to the overall GDP .
Last edited by Daniel Quinn on Mon Aug 03, 2015 4:12 pm, edited 1 time in total.

User avatar
Dr Bunsen Honeydew
Posts: 30758
Joined: Wed Jul 11, 2012 7:26 pm
Location: Muppet Labs
Has thanked: 0
Been thanked: 48 times

Re: Politics

Unread post by Dr Bunsen Honeydew »


Daniel Quinn
Posts: 8592
Joined: Thu Jul 12, 2012 7:16 am
Has thanked: 24 times
Been thanked: 402 times

Re: Politics

Unread post by Daniel Quinn »

The ons from memory use 3 or 4 different methods .

User avatar
Macca
Posts: 1551
Joined: Sun Aug 12, 2012 7:30 pm
Has thanked: 0
Been thanked: 0

Re: Politics

Unread post by Macca »

Daniel Quinn wrote:
Macca wrote:A company doesn't have a GDP, since it is not an economy and doesn't work like one. Turnover is about the closest you can get.
tunrover is not the closest you can get . see previous comment

and a company as a figure which contributes to the overall GDP .
Ah you meant how do you calculate a company's contribution to GDP? I get you now. I have no idea it but sounds like it might involve accountancy which I try to avoid.

joe
Posts: 1156
Joined: Thu Apr 04, 2013 12:48 pm
Has thanked: 0
Been thanked: 1 time

Re: Politics

Unread post by joe »

Macca wrote:
Daniel Quinn wrote:
Macca wrote:A company doesn't have a GDP, since it is not an economy and doesn't work like one. Turnover is about the closest you can get.
tunrover is not the closest you can get . see previous comment

and a company as a figure which contributes to the overall GDP .

Ah you meant how do you calculate a company's contribution to GDP? I get you now. I have no idea it but sounds like it might involve accountancy which I try to avoid.
For accountancy questions, you really need to consult an electrician.

alfafan123
Has thanked: 0
Been thanked: 0

Re: Politics

Unread post by alfafan123 »

Having had a mispent career (as well as youth) in 4 FTSE100/NASDAQ companies a company's accounts tend to be "massaged" by the CEO and CFO to say what they want them to say (so they get their bonuses etc) and can get away within the extant accounting standards of the day which are not consistent across countries even with the International Accounting Standards (go figure :doh: ). As a greenhorn I was told accounting is a statement of opinion and bookkeeping a statement of fact, so true!

So bearing in mind the tendencies of our beloved politicians I think we can rely on the GDP figures to be heavily "massaged" as well.

User avatar
Dr Bunsen Honeydew
Posts: 30758
Joined: Wed Jul 11, 2012 7:26 pm
Location: Muppet Labs
Has thanked: 0
Been thanked: 48 times

Re: Politics

Unread post by Dr Bunsen Honeydew »

joe wrote:
Macca wrote:Ah you meant how do you calculate a company's contribution to GDP? I get you now. I have no idea it but sounds like it might involve accountancy which I try to avoid.
For accountancy questions, you really need to consult an electrician.
:lol:

User avatar
guydarryl
Posts: 1153
Joined: Wed Jul 11, 2012 10:43 pm
Location: suffolk
Has thanked: 27 times
Been thanked: 18 times

Re: Politics

Unread post by guydarryl »

beautiful :lol:
LP12, Ittok, DV10X5, Phono2(twin supply), P50SA , Art Audio Quintet, LS5, SSC, Rega Ela mk1
Sony cdp xb930, Alessandro ms1

User avatar
SteveTheShadow
Posts: 1653
Joined: Thu Sep 12, 2013 5:24 pm
Has thanked: 275 times
Been thanked: 351 times
Great Britain

Re: Politics

Unread post by SteveTheShadow »

Macca wrote:
SteveTheShadow wrote:Thatcher began this with right to buy, selling off public assets and destruction of the manufacturing base and the creation of the post industrial society.
Just a slight correction to a factual inaccuracy since the rest of your post is opinion and fair enough. Thatcher did not 'destroy the manufacturing base' of this country, despite what you may have read in the Socialist Worker back in 1987
You haven't a bloody clue Macca.
I was there, I lived in the heart of the South Yorkshire coalfield. South Yorks,/North Notts was a Police state.
I regularly got stopped in my van so the cops could search for any suspected undesirables, I might have been smuggling in the back. One day working near Hatfield Main colliery My mate Phil and I witnessed appalling thuggery with at least two housewives I saw getting batoned in their own back gardens whilst their kids looked on screaming with terror.

It was only because we managed to get into our own vans in time that the gang of baton wielding riot thugs realised we were not miners that we didn't get our own heads kicked in.
when I saw the scenes in Goldthorpe the other year when the people paraded an effigy of Mrs T and celebrated her demise.
I sat on my sofa and cheered with them.
Just the mere act of writing this has started the sick feeling in the pit of my stomach again. 31 years down the line and the feeling comes just as strong. Unhealthy maybe, but there are massive sections of society where I teach who have had generations of worklessness, with little hope for the future. The damage those bastards did will never be repaired. And of course the cuts in welfare will hit those people the hardest, whilst us on the front line in the schools and hospitals will have to try to pick up the pieces.


:angry-fire:
Somebody’s telling me the latest scandals.
Somebody’s stepping on my plastic sandals. Joe Jackson (1979)

User avatar
SteveTheShadow
Posts: 1653
Joined: Thu Sep 12, 2013 5:24 pm
Has thanked: 275 times
Been thanked: 351 times
Great Britain

Re: Politics

Unread post by SteveTheShadow »

Think I'd better ban myself for a while.
The Summer hols give me too much time to think.
Somebody’s telling me the latest scandals.
Somebody’s stepping on my plastic sandals. Joe Jackson (1979)

Post Reply