Roger Mullin
Main Page: Roger Mullin (Scottish National Party - Kirkcaldy and Cowdenbeath)Department Debates - View all Roger Mullin's debates with the Leader of the House
(7 years, 11 months ago)
Commons ChamberI cannot take part, as the hon. Gentleman rightly observes from a sedentary position, but if the hon. Member for Stirling wants an Adjournment debate on the matter, I have a hunch that he might secure it.
Flawed neoclassical theoretical assumptions combined with methodological problems are enshrined within the model of the UK economy that is used by both the Treasury and the Office for Budget Responsibility. I would call into question how independent that makes the OBR. When can we have a debate on this important matter?
It is up to the OBR to decide how it makes its own forecasts and the assumptions on which it makes them. It does, of course, publish with its reports a statement of the various assumptions that it makes. If the hon. Gentleman is not happy with the OBR, there is a plethora of other independent forecasts using methodologies that differ to a greater or lesser extent. I think this is a question of “Let 100 flowers bloom.”