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    These comments reflect the ones I have been making for some time now though in stronger language.

    GDP is indeed expected to show a fall and this is why he needs to get on with the supply side reforms that are being blocked by the LibDems currently. The weaknesses caused by the Eurozone crisis makes such changes all the more important in the face of falling GDP. At least Osborne has the right direction even if not deep and fast enough, Balls' deficit denying approach would truly mean a full scale economic meltdown.

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