I expected them to start insinuating that the OBR forecasts are questionable -
“Its record of forecasting accurately hasn’t been enormously good”.
Jacob Rees-Mogg casts doubt on the OBR.
twitter.com/paulbranditv/status/1580298028657037313?s=46&t=UEXdLz2vlZ3fMODbNMiWDw
Indeed the OBR forecasts are often a bit out but not in the way JRM implies.
"A reminder that the OBR has consistently overestimated future growth in pretty much every forecast they've done (including ones around budgets containing tax cuts).
OBR forecasts of productivity growth vs reality"
(Tweet includes FT graph showing OBR forecasts higher than actual productivity growth)
twitter.com/samfr/status/1579741861136445441?s=46&t=UEXdLz2vlZ3fMODbNMiWDw