Massive numbers for an individual are commonly rounding errors for a nation.
Specifically, if you see a budget breakdown, generally things are rounded to the nearest 1%, and the sum of numbers shown often turns out not to be 100% because of that rounding.
That governments struggle with rounding and maths isn't a justification for arguing 1% of GDP doesn't matter. It's a vast sum of money. In the UK's case getting an extra 1% of GDP for free was a no brainer. Its economy hasn't departed from the European average so what was it paying for, apparently nothing.
1% of everyone's pay is just that everyone feels the impact of 1% of their income.
> In the UK's case getting an extra 1% of GDP for free was a no brainer. Its economy hasn't departed from the European average so what was it paying for, apparently nothing.
Except for all the evidence that it has harmed the UK, which Brexit proponents blame on the simultaneous Covid pandemic.
Massive numbers for an individual are commonly rounding errors for a nation.
Specifically, if you see a budget breakdown, generally things are rounded to the nearest 1%, and the sum of numbers shown often turns out not to be 100% because of that rounding.
That governments struggle with rounding and maths isn't a justification for arguing 1% of GDP doesn't matter. It's a vast sum of money. In the UK's case getting an extra 1% of GDP for free was a no brainer. Its economy hasn't departed from the European average so what was it paying for, apparently nothing.
> It's a vast sum of money.
It's 1%.
1% of your pay is what?
1% of everyone's pay is just that everyone feels the impact of 1% of their income.
> In the UK's case getting an extra 1% of GDP for free was a no brainer. Its economy hasn't departed from the European average so what was it paying for, apparently nothing.
Except for all the evidence that it has harmed the UK, which Brexit proponents blame on the simultaneous Covid pandemic.