The IFS says whichever party wins the next general election will have to cut 6.4% per year between 2011 and 2014 if they want to protect schools, hospitals and increase overseas aid and claims all of Labour's increase in public spending since it came to power could be unwound by 2018.
http://news.bbc.co.uk/1/hi/uk_politics/8406670.stm
Anyone wondering about the political objectivity of the IFS ‘experts’ need only consider the recent ‘observation’ on its website…... ‘What's the point of the Child Poverty Bill?’
>http://www.ifs.org.uk/publications/browse/type/tw
And just where were the IFS economic soothsayers prior to 2008 when the bankers were taking the UK economy to hell in a handcart?
