Let’s call it failure
John Lanchester: The Shit We’re In, 3 January 2013
“... government of the day. The OBR was set up to correct that tendency. To run it, Osborne brought in Robert Chote, who had been head of the Institute for Fiscal Studies, a highly respected think tank which analyses government tax and spending plans and reports on them in a spirit of Cassandra-meets-Scrooge. In June 2010, the OBR predicted that the UK economy ... ”
