Predictable cuts clamour from the know-all IFS‏

The cuts thirsty right wing think tank the Institute for Fiscal Studies (IFS) is predicting a further £36b cuts from 2011 and claims a £15b shortfall in the cuts announced by Chancellor Alistair Darling earlier this week.

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?