“This is the best possible deal. It is the only possible deal.”
Well, it is not hard to be the best deal if it is the only deal. By definition, it is also the worst deal.
The Government Economic Service forecasts published today are actually meaningless, because there is no actual deal to model, just a 26-page wishlist. The Chancellor, however, said that the Prime Minister’s deal will make people “worse off.” Does she agree? The Chancellor does not appear to be here to be consulted.