Skip to main content

The Daily Mirror:
General Election 2015: Three charts that expose the flaws in Cameron's 'economic recovery'

31 March 2015

It looks good for the Tories, the economy is recovering and employment is up. BUT, as an LSE economist put it, ''When viewed over the longer term, the state of the UK economy is not pretty''. ... Why is this? Two reasons: there's been an 8-10 percent fall in real wages since the recession and productivity has fallen. As Professor John Van Reenen points out, ''UK output per hour is now about 30 per cent lower than in the US, Germany and France''.

This article was published by The Daily Mirror on March 31, 2015
Link to article here

Related publications
Austerity: Growth Costs and Post-Election Plans, John Van Reenen, CEP 2015 Election Analyses Series, March 2015.
Regarding public service spending, the UK electorate faces real choices this election, John Van Reenen, LSE British Politics and Policy blog, March 30, 2015.

Related links
John Van Reenen webpage
Productivity and Innovation Programme webpage

Read more... The Daily Mirror