As I've mentioned before, the UK Budget is due tomorrow and Chris at Stumbling and Mumbling is in full rant mode, explaining why I hate budgets. Thank god he's funny:
It’s not just Budgets I hate. It’s what follows. It’s so-called experts giving us their “judgment.” This brings economics into disrepute. Economics is not about fat pompous middle-aged men giving us their opinions. And it’s certainly not about crystal ball-gazing. It’s about formulating and testing interesting hypotheses.
I'll post a proper preview first thing on Wednesday morning. Suffice to say no one expects huge tax cuts or radical reforms. This is, after all, Gordon 'Prudence' Brown we're talking about.
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