Posted: January 26, 2013 by rainbowwarriorlizzie in Uncategorized

Vox Political

tripledipWhat a day. The International Monetary Fund has politely suggested that Gideon George Osborne should slow the pace of his austerity measures; in response, Osborne has politely suggested that the IMF should go and spin on it.

You are watching ‘A Family At War’.

The IMF’s chief economist, Olivier Blanchard, told the BBC: “We said that if things look bad at the beginning of 2013 – which they do – then there should be a reassessment of fiscal policy… We think this would be a good time to take stock and see whether some adjustments should now be made.”

He suggested the March budget would be a good time to change tack, adding: “Slower fiscal consolidation in some form may well be appropriate.”

In response, Osborne said: “We have a credible and flexible debt reduction plan. That credibility is very hard-won and easily lost.

He said pension, education and…

View original post 493 more words

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