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11.31am GMT Here are the new economic forecasts in full, compared to the forecasts from the OBR in March.
Why, even though the Lib Dems have signed up to the forecasts and broad policy, cracks are appearing in the ranks.
We stay glued to the forecasts of gloom and doom for the same reason that we watch the latest X games.
The country's budget shortfall was the third largest in the EU last year but will overtake both Greece and Ireland this year, according to the forecasts.
That ran counter to the forecasts of computer climate models, and global warming skeptics have pointed to Antarctica in questioning the reliability of the models.
Over all, the earnings news for the second quarter is expected to be robust, according to the forecasts gathered by Thomson First Call.
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This allows the forecaster to assign the degree of uncertainty to the forecast.
Humans add even more complexity to the forecast.
"We're slow to make changes to the forecast," he said.
(International trips are still expected to grow, according to the forecast).
In 2008 and 2010, we published an article to accompany every new update to the forecast.
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