Watch: Labour shadow minister’s numbers gaffe

Watch: Labour shadow minister’s numbers gaffe

Video embedded by The Spectator.

Labour frontbenchers are no strangers to getting their numbers in a muddle, but Mr S. would still expect better from the shadow treasury minister. Anneliese Dodds has just popped up on Politics Live to talk about today’s GDP figures. But when she was asked how much Britain’s economy grew by in the last three months, she didn’t know:

Andrew Neil: How much did GDP grow in the 3 months to the end of September?

Anneliese Dodds: Erm, I don’t know that off the top of my head

AN: Well you were just talking about it, you should know that. Well I’ll tell you what it grew by 0.7 per cent.

DEBATE: Would creating a ‘Free Time Index’, as the Green Party suggests, improve wellbeing in the UK?

DEBATE: Would creating a ‘Free Time Index’, as the Green Party suggests, improve wellbeing in the UK?

First published by CityAM.

A national Free Time Index wouldn’t improve wellbeing. As is typical of Green Party policies, the measure would be little more than an exercise in fluffy virtue signalling.

Capitalism can improve living standards, and is the greatest weapon in the fight to reduce global poverty.

GDP may not be perfect, but it remains the most important measure when it comes to creating the wealth that ultimately lets us live longer, happier lives. We should not ignore it.

The wellbeing of workers will not be improved by Whitehall bean-counters knowing how much free time we have. This measure also ignores how free time is spent. There are many factors which improve the quality of free time, of which wealth is one. Involuntary free time due to redundancy, for example, will surely reduce the quality of an individual’s wellbeing.

In that sense, the Greens haven’t just misunderstood how the economy works, they’ve also taken a depressingly narrow-minded view of what makes people happy.