If you look at other stats between 2008 and now employment figures, working hours, wages the recovery falls apart
The latest GDP data shows that the output lost in the recession has been finally recovered, over six years after recession began. This is three years after the comparable recovery in the OECD as a whole. It is also two years later than the recovery from the 1930s Great Depression.
The Tory trumpeting of a recovery is entirely misplaced on these comparative terms it is an indictment of their economic policy. But the supporters of austerity will say nothing about living standards, both per capita GDP and average wages. This is because they have continued to fall.
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