1. GDP is up…

2. But this recession is the longest-lasting in modern history

3. Tax receipts are less than public spending

4. Britain's net debt is still high…

5. And the deficit feeds it each year Deficit here refers to net incomings minus outgoings, plus investment

6. Unemployment is down

7. Public sector employment is down too

8. Wages are not keeping pace with inflation

9. Benefit spending is at a record high