The Office for Budget Responsibility has come up with it's first set of figures, and they're not good, in fact they're grim. Had we not had this independent review and audit, effectively an economic 'State of the Nation' address, we would still be working on skewed figures and flawed forecast. The knowledge for government that figures can no longer be massaged into a fluffier, more consumer friendly outcome must ultimately be good for the country, but it's going to hurt while we, the British public, get used to being slapped in the face with fiscal kippers.
Monday, 14 June 2010
Budget responsibility
The Office for Budget Responsibility has come up with it's first set of figures, and they're not good, in fact they're grim. Had we not had this independent review and audit, effectively an economic 'State of the Nation' address, we would still be working on skewed figures and flawed forecast. The knowledge for government that figures can no longer be massaged into a fluffier, more consumer friendly outcome must ultimately be good for the country, but it's going to hurt while we, the British public, get used to being slapped in the face with fiscal kippers.
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