As the UK economy records 0.6% growth for quarter 2 and the service sector reaches its pre-recession peak should Labour critics now be on the defensive? Or, with workers experiencing the longest fall in real wages for over a hundred years are Osborne and friends living in fantasy land?
For some alternative analysis see:
(http://www.newstatesman.com/politics/2013/07/how-osborne-disguised-truth-about-living-standards)
(http://www.guardian.co.uk/commentisfree/2013/jul/25/economy-osbornes-moment-editorial)
But in particular:
(http://www.guardian.co.uk/commentisfree/2013/jul/26/george-osborne-economy-orwellian-on-mend)
For a longer term analysis of the implications of a low wage economy on future growth and prosperity pamphlet, download the TUC’s pamphlet How to Boost the Wages Share
(http://www.tuc.org.uk/economy/tuc-22345-f0.cfm)
Education, Economy and Society 