The numbers that proclaim recovery are of course GDP: that profoundly irrational statistic that sees more growth in disaster relief than disaster prevention, that grows with war and floods but never measures educational attainment or physical health. With a data point that skewed, it's no wonder our current bad news is trumpeted as good news.
We have had a massive £375billion of quantative easing so far, which may have saved the financial sector but has done very little for the rest of us. That amounts to around £6,000 per man, woman and child in the UK. So why not electronically add this to the current accounts of every member of the public? Why not give the QE money directly to ordinary people to spend, save or pay off their debts?
The last time that Dr Carney took a seat in front of parliament's Treasury Select Committee the atmosphere was amiable and chatty... His appearance at this week's meeting was not entirely the antithesis of this, but it certainly represented a change. Unfortunately, at points during the questioning, Carney was his own worst enemy.
Mark Carney's much anticipated first speech as governor of the Bank of England (BOE) was delivered to a Nottingham ballroom, packed with business people from across the country. It was an opportunity for him to clarify the BOE's recent foray into the realm of 'forward guidance' and to try and reassure sceptics about his plan to keep interest rates low for the next three years.