Even IMF doubts the cuts

 

Earlier in January, comments by IMF chief economist Olivier Blanchard on the need to ease austerity measures were cited by the TUC as further evidence that government strategy was failing.
The Chancellor's self-defeating austerity programme was causing so much damage that even his favourite economic institution was now telling him to think again, the TUC said.
More on this @
http://www.tuc.org.uk/economy/tuc-21852-f0.cfm