article_snippet: George Osborne said this meant that living standards were now officially higher than at the last election, when real disposable income was £4,187.
article_snippet: David Cameron added: 'We've had a significant upgrade to GDP, the highest consumer confidence for over 12 years and confirmation that living standards are higher than living standards were at the election. '
article_snippet: So voters now face a stark choice: do voters stick with a plan which is working, delivering growth and jobs, or do we put all that at risk with Ed Miliband whose policies of more spending, more borrowing and higher taxes will lead to economic chaos.'
article_snippet: Lib Dem Treasury Secretary Danny Alexander added: 'As we approach the General Election, this upward revision in GDP is further evidence that we recovery plan is working.'
article_snippet: But the shadow chancellor Ed Balls said Tory claims that the economy was fixed would 'ring hollow with working people'.
article_snippet: the shadow chancellor Ed Balls said: 'A small upward revision today in the GDP figures doesn't change that overall record.
article_snippet: If the Conservatives want to go round and say 'the Conservatives is working, look at the GDP figures; the Conservatives is working, look at the figures on disposable income' then the Conservatives say bring our recovery plan on because the reality is that this is the toughest squeeze on people's living standards in a parliament since the early 1920s.' the shadow chancellor Ed Balls added: 'I don't think that just crossing your fingers and hoping for the best is good enough.'