I am in “I told you so” mode.  In August 2009 – months before the General Election – I asked the question:

Would a Cameron/Osborne Government plunge the UK back into deep recession?

I described this as

The nightmare scenario

saying:

“I have had a nightmare:  David Cameron and the Conservatives win a General Election next summer, despite slow but steady improvement in the UK economy; George Osborne is appointed Chancellor and slashes public spending and hikes the VAT rate up to 20%; and then it all gets a whole lot worse ….”

Now, as we listen to George Osborne and Government Ministers softening us up for next week’s Autumn Statement and the acknowledgement that we are heading for a double-dip recession, it is no consolation to realisation that my nightmare seems to be coming true.

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