"THE chancellor, Alistair Darling, has admitted that he and his Treasury officials got it wrong over the length and severity of the recession and that he will be forced to tear up his economic predictions.
He will slash his growth forecast in the budget and warn that there will be no economic recovery until the end of the year, dashing hopes that last week’s G20 summit will be followed by an early upturn. “It’s worse than we thought,” Darling said this weekend. "
Worse than we thought? "No shit, Sherlock"
In case you were wondering, the worst Chancellor of the Exchequer of recent years award would have to go to Gordon "nose picking liar" Brown.
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