The OBR's Grip on Austerity The UK's Office for Budget Responsibility (OBR) has long been a symbol of the nation's entrenched austerity mindset, perpetuating the idea that public investment somehow "crowds out" private capital.
This notion, once a cornerstone of fiscal policy, has been repeatedly debunked by economists who recognize the benefits of government spending in driving growth and mitigating inequality.
The Trade Union Congress (TUC) is right to call for a root and branch review of the OBR's approach, which has been criticized by thinktanks and campaign groups from across the political spectrum.