The Office for National Statistics has released a rather rare revision of real and nominal GDP growth from 1997 to 2012.

The Recession of 2008 has been made shallower, marked down from 5.2pc to 4.3pc, and removes a lot of concerns regarding weak productivity in the following years. The new information comes as the ONS tears up its previous methods of measuring the economy and instills a new system in line with international standards, and it is now considering the economic contributions of charity, the sex industry and illegal drugs.

Between 2010 and 2012, real GDP growth has been revised up by 1pc. Since 2008, the level of output has been raised by 2.6pc. While the revisions venerate Osborne's economic policies as good for economic growth, there is still the cost of living crisis. How much the government can do to counteract that, however, is shrouded in ambivalence.

I'm sure the US economy would be recovering a lot faster too if the Republicunts weren't cockblocking the Democrats at every turn.

Eh, that's questionable. Obama did manage to pass a stimulus which basically did buggerfuck all. The supply-side of the American economy was also quite weak during the Recession, for mysterious reasons.

Nonetheless, all countries are quite sluggish at the moment. Give credit to the Fed, their use of quantitative easing is what's made the difference between your sluggish growth and the Eurozone's depression.

You guys could certainly do with some welfare reform, however.

They need to be much more accurate with stuff like this.

...and so I will continue to claim.