This gamble will fail. Give it three years and, as I predicted on Radio 2 today, we\’ll be seeing unemployment at 4 million, almost no cut in the deficit and the coalition government a distant memory after its chaotic disintegration as backbenchers fled its ranks. Furthermore, a new government will be announcing a budget to tackle the mess that George Osborne has left.
Well, there we go, a firm and testable prediction.
Shall we all come back 22 June 2013 and see how well Richard\’s knowledge of economics stands up?