George Osborne doesn’t accept living standards are falling

Here’s one for the “what was he thinking?” files. George Osborne was interviewed by ITV news about today’s growth figures, yet when Economics Editor Richard Edgar noted that living standards are falling as wages have fallen behind inflation, the Chancellor disagreed with that fact, saying “I don’t accept that.”

Here’s Elgar’s tweet:

Screen Shot 2014-10-24 at 14.30.31 copy

Living standards have fallen since 2010. So why won’t the Chancellor accept that? Is it because it punches a hole in his narrative about the British economy…?

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