As he forecast in the budget, the chancellor announced that a cap would be introduced from April 2015 on the parts of welfare spending that do not rise and fall with the fluctuating economy.
No wonder then that, with an explosive stand-off between Russia and Ukraine, Mr Piechocinski is no longer certain that Poland's GDP will increase by up to 3.2% and its exports by 6% this year, as he forecast only a few weeks ago.Yet Mr Piechocinski has more on his plate than geopolitics.
During his second budget statement, the chancellor said the recession and credit crunch had blown away the growth and deficit forecasts he made in November's pre-budget report as he forecast that the government would borrow a record £175bn in this fiscal year.
Every social medium is infected, as he forecast, with harassment and abuse--often aimed at innocent individuals.
This plan didn't work as he forecasted.
He predicted Michael Milken's fall as early as 1984, and he forecast the real-estate excesses of the late '80s as well as Japan's economic nosedive.
As 1963 started, for example, he forecast a long flat market that would stay within a small trading range.
When the casualties of terrorism mounted as he had forecast, he consistently spoke out in the House and to the media always with an eloquent condemnation of the IRA's men of violence.
In a research note last week, Brian Wieser, an analyst at the Pivotal Research Group, estimated that an inability to resolve the fiscal crisis could result in American ad spending declining next year by 4 percent, or $9 billion, rather than growing by 1 percent as he has forecast.
Nowcasting can be as difficult as forecasting.
Still, creating a successful site is as unpredictable as forecasting the return of bell-bottoms and platform shoes.
