Well there you go, Ed (Balls not Miliband). As I predicted yesterday the IMF have this morning backed the Chancellor's stance: no change of direction currently necessary.
But after all it's just a matter of opinion based on interpretation of collected data ( much of which is probably inaccurate ) - so it's even more complicated for groups of economists to interpret.
So, Ed we're back to which bunch of economists do I go with ? Given that, as an average man on the street, I know bugger all about economics I'm going to go with the bunch I most trust.
So would that be the IMF, or would it be your lot, Ed?
Answer :See yesterday's blog.
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