Office of Government Statistics (OGS) is a more accurate name than ONS

 The Office of National Statistics (ONS) should be renamed 'office of government statistics' (OGS). They report statistics as the government provides them and by parameters set by the government. This often does not reflect objective reality and can give a more favourable position than is really the case.

Take employment. According to the OGS, there's more or less full employment and a huge number of jobs!

If a person works an hour a week, possibly even less, they are classed as employed. Zero hours jobs where hours are scant are classed as jobs. This is how the government through the OGS claim full employment and millions of jobs.

Similar misleading statistics apply to inflation. The OGS claim inflation in October was 9.6%. This is simplistic and misleading. Inflation isn't even over the range of goods and services measured. The 9.6% is an arithmetical average and this doesn't reflect reality.

Inflation for staples like food is at around 20% whereas inflation for wine is negative.

The lower a person or family's income the more will be spent on products and services that are going up in price faster.

Conversely, the higher the income the less is spent on high inflation goods.

The vast majority of people in Britain today are low paid workers.

Low paid people like me and possibly you are the engines of the economy. We need cash in our pockets to spend on 'consumer goods' for the economy to grow.

There's a Tufton Street led #Tory experiment in 18th century free market economics, so there'll be nothing from them. And this is why ministers won't get involved in public sector disputes.

#Starmer the Labour leader has single handedly moved #Labour to be a Torylite mirror, so there's nothing from them.

To my mind, the question is, which economy will collapse first...

China or Britain?

Because they are both on the edge!