Is the economy ‘on the mend’?

osborne-500x298As 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)

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