Bank of England boss says Glass is half full...

But doesn't that mean the glass is half empty?

Do they really think we are so stupid as to not notice what is going on?

In the meantime Osborne continues to bleat on "we are not there yet", but what he really means is I am trying to set you all up for a good result 'for us' the Tories come the Election so that you vote us in again.

Frankly, I think he's living in cloud cuckoo land, but of course he's okay because he is a wealthy man, like most others in the Tory Party.

UKIP and Nigel Farage are going to have a field day! 

The apparent recovery is artificial. The lower inflation figure is almost entirely due to the drop in the price of supermarket petrol. For most people, the significant costs are food and utility bills. These are definitely not going down. Ordinary people do not feel wealthier, and the worrying rise in pay-day loan companies and the return of pawn brokers on the high street are clear signals that many people are in financial difficulties.

In spite of this dismal picture, I believe the Tories have done a better job than Labour could ever do. It is certainly bad, but if Brown and Balls had been allowed to carry on, we would be totally sunk. The danger is that UKIP will split the Tory vote and the mad-cap days of State Socialism will return, and it will all be Balls again.