Never! Whoever would have thought.
Now, we know he's the 'yes' man who towed the line for David 'call me Dave' Cameron and predicted that there would be an immediate recession in the event of a 'leave' vote in the Europe referendum.
Although he was obviously bludgeoned in to that position, he did so enthusiastically.
However, this time he is of course correct.
But he's not an economic genius; my batty, 92 year old Aunt Margaret could tell you that prices are going to rise, bless her.
It's not exactly a revelation either.
Prices go up every year and indeed always have done, since the day dot.
That's just the way it is.
As we have explored; that is why you need a pay rise every year. (See Blog, Only one way to get a pay rise 30/11/16.)
Deal with it.
But we digress.
Back to the issue of the economy and forecasting what the future holds.
I don't know why they fete these people and pay them millions of pounds a year, because we can tell you just as well, for free.
In fact here is our monetary policy committee' financial forecast, for the next five years.
Prices are going to rise, year on year, while wages are going to continue to stagnate and indeed even where they do rise, still lag behind real inflation.
Due to this, the economy is not going to grow substantially.
Due to continuing high levels of personal and household debt, coupled with increasing government leverage levels, the economy is going to fall back in to recession and is likely to suffer another financial crash.
As we know, the government is spending more than it takes in tax revenue.
Although there have been lots of hidden tax rises already, due to the increase and indeed, continued increase over the next few years of the population due to a lack of political will to stop immigration, there will have to be income tax and N.I. contribution increases to cope with the obvious increase in demand on public services which this creates.
To sum up: low, short term growth, followed by stagnation and recession.
This will be accompanied by a partial collapse of property prices.
If you spend more than your income it can only ever possibly end one way; it's therefore inevitable and only a matter of time.
The government is simply rearranging the deck chairs on the ship of state, as it gracefully continues towards the rocks.
They're simply trying to ensure it doesn't happen until they've left office.
In much the same way as Tony Bliar did.