Most people would be unaware that the figure of 88,000 was incorrect and would retain the very positive impression that that statement conveyed.
So far as the boom in consumer spending is concerned, in January this year, the Independent reported:
"Shock new figures today revealed that household debt [excluding mortgages} has soared by two-fifths in just six months [Aviva's Family Finance Report].
"...the average debt is now 13,520, from 9,520 last summer
"Average credit card debt is now £2,370 and overdrafts £1,190.
".. couples with two or more children have the most debt at £18,830.
The Money Charity and other charities have warned that as rents keep rising and incomes continue to stagnate or fall in real terms many people are relying on borrowing to make up the shortfall.
Whilst I think it is important to try to think positively as to what the future of the UK will be, I think that many people in the UK are getting swept up with the notion that when we leave the EU we will be awash with money and jobs. Given the personal debt situation, this false sense of security could be very dangerous.