The sort of right wing drivel that the BBC now loves to put out
Paul Mason apart, is there anyone but profound right wing economosts at the BBC now?
Lots of prominence given to the IFS here - with no mention made that Stephanie Flanders is an alumni.
So we have:
Public spending is facing a £36bn squeeze from 2011 - with £15bn of the cuts needed yet to be identified, the Institute for Fiscal Studies has said.
But Philip Hammond, for the Conservatives, said the IFS report "underlines the fact that the PBR yesterday was a political statement designed for electioneering purposes rather than to address the real needs of the country".
In its report, the IFS estimates the cost to families of paying back the national debt is £2,400 a year for eight years.
The IFS says whichever party wins the next general election will have to cut 6.4% per year between 2011 and 2014 if they want to protect schools, hospitals and increase overseas aid, as both Labour and the Conservatives say they do.
The think tank predicted "severe cuts" elsewhere, of the kind not seen in Britain since the late 1970s, potentially across departments such as housing, transport, higher education and even defence.
Cuts, cuts, cuts - it's all the BBC wants to talk about.
Oh, and then, right at the end they say:
TUC General Secretary Brendan Barber called for "radical new thinking" to avoid cuts to services and warned of possible industrial action over the "unfair" public sector pay freeze.
He said there should be a "fairer contribution from the wealthiest" to help pay off Britain's debts.
To which the response is:
But BBC Economics Editor Stephanie Flanders said the IFS analysis also suggested the tax rises in the pre-Budget report would "overwhelmingly" impact on the top 10% of earners.
"Their income, if nothing else changes, will be cut by 5% by 2012," she added.
As if to say "Brendan's got it wrong"
No he hasn't - but Flander's right wing bias is becoming very irritating.