The government's welfare 'reforms' have just been launched, but they are now combined with a powerful smokescreen of claims that the government is not...
Mr Osborne is so busy shouting "you're wrong!" at his naysayers, he can't actually hear what they're saying.
Is a dash for gas the answer? Gas is the cleanest of the three fossil fuels and emits only half as much CO2 as coal. Estimates vary on the amount of shale gas available, but the consensus is that we have enough for over 100 years, supplying at least a quarter of our energy needs in that time.
As well as targeting specific funds to get stalled schemes in our most buoyant cities moving, we need to see more autonomy for cities to drive investment in new housing. By removing the restrictions on councils' ability to borrow money against their existing housing assets to invest in new housing, industry experts suggest councils could borrow an additional £2.8bn to invest in new housing.
The bedroom tax, due to come into force up all over the country on 1 April, must be turned into this Tory-led coalition government's poll tax.
While low pay and in-work poverty have risen up the economic agenda in recent years, our policy debate has been stuck in a loop. Ask most Labour politicians about low pay and you can expect a well-intentioned but passive mixture of pride in the minimum wage and warm words on the living wage before the topic is changed to the importance of protecting support like working tax credits.
Small businesses are the engine room of the UK economy and whilst I applaud Chancellor Osborne's intent to help them more must be done in the long-term if small businesses are to truly drive economic growth and job creation.
Why on Earth, a visitor from another planet might ask us, has an incompetent dilettante been made Second Lord of the Treasury? We'd have to admit it's because his equally inept chum from uni has been made First Lord of the Treasury. How silly would that make us look?
If this isn't a depression, what would one look like? The economic recovery following the crisis of 2007/08 has been the slowest for a century, slower even than from the Great Depression. Only the post-WWI recession of 1920-1924 saw a steeper decline in output, and even then there was a return to growth by month fifty of recession.
There is a money tree, and it's called the Bank of England.
All in all, the problems are mounting. The economic plan has not delivered what was promised, people are feeling the pain, but without the promised benefits being delivered.
The penny off a pint of news.
To my mind, the most astonishing proposal in the budget is to give the Bank of England to do even more than it already is. The Bank will be able to continue giving the state money until the economy starts growing again, which might be never.
The first substantive line of George Osborne's budget speech was: "We've now cut the deficit not by a quarter, but by a third". This might be surprising to anybody who read my earlier blog here, which pointed out that the deficit had (measured on a rolling twelve- month basis) been rising, not falling, for the last year or so.
The George Osborne budget was tepid and utterly uninspiring. To paraphrase Fraser Nelson of the Spectator, the budget was devoid of substance and replete with gestures.
I will leave the intricate takedowns of the coalition's housing, corporation tax and fuel duty escalator plans for the broadsheet newspapers - they do it better than most everyone else. I wish to focus on the macro side of things and, in particular, the role of the Bank of England in this year's and further budgets.