Isabel Hardman Isabel Hardman

The Tories’ economic tightrope

When things were going pretty badly for the Conservatives, ministers reassured one another that soon they’d be able to start hitting back at Labour with statistics. They’re doing that now – and are hitting as often as possible, even when it’s Labour’s turn to say something. Today the party has released figures to back up David Cameron’s claim at PMQs this week that people are better off, and they show that most people’s earnings are increasing by more than inflation.

Now, Labour is quibbling the stats themselves, pointing out that they don’t involve benefit cuts and tax rises. But while Labour is overall losing in the battle of stats, there is one attack that its ministers have been making this morning that is more dangerous than a stat attack. Cathy Jamieson this morning on Radio 5 Live accused the Conservatives of trying to suggest that people have ‘never had it so good’: her aim is to paint the Tories as complacent and banking the recovery already, which is particularly potent for those voters who remain pessimistic about the recovery (An Ipsos Mori poll on 12 January 2014 found that the percentage of British people who are optimistic about the economy has risen from 9% in 2012 to 29%, while 40% feel pessimistic compared to 74% in 2012, which shows that more people are feeling the recovery – but not everyone).

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