The theory of "expansionary fiscal austerity" supports the OBR's projections - but it is only a theory.
All the while, the previous austerity-supporting, pro-European coalition government ruled by Pasok and New Democracy has promised the Troika (the European Union, the European Central Bank and the International Monetary Fund) more public spending cuts to raise another 11.4 billion euros by 2014.
However, although the scope for giveaways appears to be diminishing, the chancellor is expected to ease the pace of austerity to support the economy.
Oppose austerity and support monetary expansion and you'll be lambasted by the right; do the reverse and you'll be criticized and maybe ridiculed by the left.
From the youth workers defying austerity to support at-risk young people, to the activists trapped in never-ending meetings, we can remain so easily disconnected – from one another and a wider movement.
Weidmann said the policies of austerity he supported would work slowly but staying the course was important.
To join this movement that is giving hope to people across Europe means Labour decisively rejecting austerity and supporting the demand to tackle tax abuse by the rich, rejecting the privatisation and cuts in our public services, and setting out clearly plans to create the jobs that will restore prosperity.
Many of them question whether the EU should be given such an honour at a time when record unemployment and tough austerity policies, supported by European institutions, are causing serious social tensions in several member states.
But Plaid Cymru treasury spokesman Jonathan Edwards criticised "pre-election giveaways designed to pander to the Tory core vote" that he said "mask the reality that, in the next Parliament, our public services are set to suffer billions more austerity cuts, supported by Labour".
Voters don't want radical austerity that supports the newly rich, and they don't want "austerity lite" either.
