Thursday, December 16, 2010

Misery Index : Britain’s Feeling a Little Better

Continuing with the Reagan inspired Misery Index, it seems the country got a little happier in the last few months but things have taken a downward turn again. Given the budget deficit is the biggest economic challenge the country faces today, Guido’s Misery Index adds the government’s deficit divided by the GDP to RPI and the number of people unemployed, all taken from the latest figures from the Office for National Statistics.

Retail Prices Index + Unemployment rate + ( Public Sector Net Cash Requirement / GDP ) = Misery Index

The latest available figures for December 2010 give you:

4.6% + 7.9% + (2.4 / 331.4 x 100)  = 13.30

The Misery Index was steadily increasing since the beginning of the year. People got happier as Danny Alexander and Osborne took their axes to the deficit, however the latest rise in unemployment has reversed this trend. And that’s before the regressive VAT rise…

N.B. Stats bods can check Guido’s adding up here.

Saturday, December 11, 2010

Saturday Seven Up

7upThis week the most popular stories were about Jeremy Hunt, Denis MacShane and Mike Hancock – the c***t theme being common to them all.

Guido’s favourite story of the week (which got no follow up in the Dead Tree Press) was an extract from Steve Hilton’s policy grid. There is more fun to come from that.

This week the blog had 415,100 page views from 253,109 visits by 88,009 visitors, which means this blog now has more daily readers than The Times online. The top 7 stories last week in order of popularity were:

You’re either in front of Guido, or you are behind…

Saturday, December 4, 2010

Saturday Seven Up

7upGuido’s favourite story this week was about Katie Myler, Ed Miliband’s chief spokesman, committing Twitter suicide by accusing the Prime Minister of “pimping himself”, whilst Guido was on on the phone to the Labour Leader’s office asking if Ed stood by his spokesgirl’s comments she twittered an apology and withdrew her remarks.

We were faster than the papers in going through the party election returns, identifying Labour’s unpaid bills from the taxpayer and the Tory Bambi killing expenditure first – pixels beating print yet again.

This week the blog had an above average 422,866 page views from 251,700 visits by 87,979 visitors. Including feed readers Guido had some 2.5 million hits in November, with student unrest related stories being the most popular and perhaps consequently the blog seems to have more earnest, angry, left-wing flavoured reader comments section, presumably from misguided students. The top 7 stories last week in order of popularity were:

You’re either in front of Guido, or you are behind…

Tuesday, November 30, 2010

Another One Bites the Dust

As the news emerges that The Telegraph is set to join the FT, News of the World and The Times behind the paywall, Guido is intrigued to why such a decision was made when all the evidence shows it’s not a winner. The Times has lost 95% of their online traffic, but the bad news doesn’t stop there. Since they introduced their pay-wall in June their paper sales have headed south as well:

Introducing a pay-wall was supposed to increase revenue by forcing people to buy the paper or subscribe online. Instead the decline of newspaper sales is unmitigated. There will be glum faces over in Victoria as it dawns on the hacks that soon nobody will be reading their work…

Saturday, November 27, 2010

Saturday Seven Up

7up

Guido’s favourite story this week was also the top story of the week, catching the left-wing comic Ed Byrne “mis-remembering” his appearance in a government promo for tuition fees after telling David Willets that he had done no such thing. We’ll see that on Mock the Week soon, right?

Guido was sent a D-Notice last night, is that a first for a blog? Wikileaks will of course undermine the whole system, it will be like Trafigura to the power of 100. Just as the self-appointed mainstream media gatekeepers have now realised that “the news” is not what they say it is, governments are realising that secrets are not as easily kept as before the internet. If we learn more of the truth, that is a good thing - “ye shall know the truth, and the truth shall make you free.”

This week the blog had 371,079 page views from 224,606 visits by 78,214 visitors. The top 7 stories last week in order of popularity were:

You’re either in front of Guido, or you are behind…

Saturday, November 20, 2010

Saturday Seven Up

7up

Guido’s under-rated story of the week was the launch of the blog’s Misery Index as a counter-balance to the more airy-fairy Hiltonesque Happiness Index proposed by the government. It will be regularly updated with every data release.

This week the blog had 367,964 page views from 228,890 visits by 79,420 visitors. The top 7 stories last week in order of popularity were:

You’re either in front of Guido, or you are behind…

Tuesday, November 16, 2010

Guido’s Misery Index : Britain’s Got the Blues

Dave wants us to have some kind of gross national happiness index, an idea Sarkozy has also pushed. Not sure if the government really has any control over our overall happiness, it seems to Guido that governments mostly cause unhappiness and can do little to make us smile. The national mood is cheered by things like good weather, Royal Weddings and sporting victories which are beyond the government’s direct control.

Ronald Reagan popularised the idea of a “Misery Index” initiated by the economist Arthur Okun, an adviser to President Lyndon Johnson in the 1960s. It was simply the unemployment rate added to the inflation rate.

Given the budget deficit is the biggest economic challenge the country faces today, Guido’s Misery Index adds on the government’s deficit divided by the GDP taken from the latest figures from the Office for National Statistics.

Retail Prices Index + Unemployment rate + ( Public Sector Net Cash Requirement / GDP ) = Misery Index

Plugging in the latest available figures for September 2010 gives you:

4.6% + 7.7% + (20.7 / 331.4 x 100)  = 18.55

The Misery Index has been steadily increasing since the beginning of the year. Misery rising even after Gordon has gone. Welcome to Tory Britain, it’s certainly blue.

N.B. Stats bods can check Guido’s adding up here.

Saturday, November 13, 2010

Saturday Seven Up

7upThe story of the week on the blog was the hunt for the extinguisher tosser, Guido offered a bounty as a reward, so many readers offered to chip in such that we had pledges for well over the original £1000. We will keep our counsel and see what results. Many thanks for the pledges.

The blog’s reporting of the NUS riot this week has been comprehensive, we were there, we were unspun – when the BBC claimed CCHQ had been evacuated this blog reported correctly from sources inside that it had not been. When the NUS spun that a small minority of outsiders were responsible we highlighted the involvement of NUS officials and elected national officers, exposing NUS president Aaron Porter’s hypocrisy in calling for a “demo-lition” on a route passing in front of CCHQ and his warning days before the march that “we will use every weapon in our armoury” telling students they needed to be not just on “the streets of London” but “inside the rooms where the deals will be made”. The rioters took him at his word…

Guido’s favourite story of the week however was this piece of business news. The blog had 242,789 visits and 400,884 pageviews by 86,544 visitors. The top 7 stories last week in order of popularity were:

You’re either in front of Guido, or you are behind…

Saturday, October 30, 2010

Saturday Seven Up

7upLast week saw 71,871 visitors make 211,267 visits to view 329,939 pages. Boris and firemen stories dominated, so far none of the mainstream media have followed up Guido’s revelation that Boris has left the family home of his own volition. They will eventually…

The top stories last week in order of popularity were:

You’re either in front of Guido, or you are behind…

Tuesday, October 26, 2010

+ + + GDP Up 0.8% + + +

Better than expected and Labour’s double-dip talk is looking increasingly desperate but it’s not all good news. The Legatum Institute’s Prosperity Index released this morning has Britain lingering at an unlucky thirteenth in the world, with little chance of breaking into the top ten anytime soon. Mandy has returned to the airwaves from nowhere to “talk-down Britain”, as he would have put it during the election…

UPDATE : The GDP figures have really messed up the opposition’s narrative:

First thing this morning the headline on the BBC website was:

UK economic recovery ‘to show sharp slowdown’
The economic recovery in Britain is expected to show a sharp slowdown when figures are released later on Tuesday.

The data release at 0930 forced a headline change:

UK economy grows a faster-than-expected 0.8%
The UK’s economy grew at 0.8% between July and September, official figures show, suggesting the economy is recovering faster than expected. It follows 1.2% growth in the second quarter of the year, and is double the 0.4% expected by analysts… The pound jumped on the news, which lowered expectations that the Bank of England will engage in further quantitative easing in the near future.

But…

The gross domestic product (GDP) figures released by the Office for National Statistics (ONS) is only a first estimate, and may be revised.

The numbers must be wrong, nudge, nudge, wink, wink, says the BBC…


Seen Elsewhere

Ditch Tobacco Plain Packaging | Grassroots Conservatives
What Farage, Boris and Rob Ford Have in Common | William Walter
Labour Spell New Adviser’s Name Wrong | ITV
Dave Stung by Jellyfish | Sun
City Minister’s Inheritance Tax Dodging Trusts | Indy
What I Would Have Done if I was Sarah Wollaston | Iain Dale
Boris is an Epic Europhile | Louise Mensch
Warsi Got PM to Confront “Secular Fundamentalism” | Fraser Nelson
Guardian April Fools Apology | Press Gazette
Jenni Russell and Her Child’s Godfather, Ed Miliband | Breitbart
Labour’s Left and Right are Growing Restive | Staggers


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Rod Liddle on the loony UN sexism special rapporteur:

“There is more sexism in Britain than in any other country in the world, according to a mad woman who has been sent here by the United Nations.

Rashida Manjoo is a part-time professor of law at Cape Town University in the totally non-sexist country of South Africa (otherwise known as Rape Capital Of The World).

Mrs Magoo has been wandering around with her notebook and is appalled by the sexist “boys’ club” culture here, apparently.

I don’t doubt we still have sexism in the UK. But is it worse than in, say, Saudi Arabia, d’you think, honey-lamb? Or about 175 other countries? Get a grip, you doolally old bat.”



orkneylad says:

What’s he been doing FFS, mining bitcoins?


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