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Perhaps more than anybody Osborne’s career is very much tied up with REMAIN winning the referendum in three months time and who could blame him for using the platform of the budget to help the cause.
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Derailing the thread immediately: the Shaw report into the financing of the railways was released today. In a surprise to no-one, it does not recommend privatising Network Rail. From a very quick parse, it seems utterly no-sh*t-sherlock.
https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/508139/shaw-report-summary-of-recommendations.pdf
https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/508336/shaw-report-the-future-shape-and-financing-of-network-rail.pdf
Oh no it isn't...!
In other news:
https://twitter.com/politico/status/710131237189500929
That's endorsement No.3 from governors for Trump.
4:43PM
Morris_Dancer said:
Mr. Owls, are you warming to Osborne?
I am rooting for him to replace Cameron
Fair enough in my view, he is entitled to his opinion. I think in the very short term there is little doubt that a Leave vote would increase uncertainty, reduce investment and cut growth, potentially down to zero or below. In the longer term I think that so long as the UK remains in the EEA growth is likely to be marginally better but you pays your money and you make your choice on that one.
The irony of Osborne blaming his almost inevitable failure to eliminate the deficit by 2020 on a Leave vote is somewhat unlikely to be explicit in any speech made by him as Chancellor. If we vote Leave this may well prove to have been his last budget.
Spoilt for choice between Gove and George!!
https://twitter.com/SenToomey/status/710127298779942912?s=09
https://twitter.com/keltonwells/status/710144062737616896
No more live commentary, on the plus side more sleep.
Hehe
"It's 12 homes for every press release...we need a vast increase in press releases..."
Worth topping up on the Tories to beat Labour in the Scotland election bet I think.
Hard Place
Senators are worried about being primaried and losing a purity contest against a frothing Tea Partier.
Senators are worried about energising Democratic voters who see the only way of getting a SCOTUS nomination is to vote out their Republican senator.
https://www.instagram.com/p/BDBS8bYGhWr/
Trump is going to destroy Clinton.
Mr. Gaius, shade ungallant.
Presumably Putin and ISIS are shitting themselves at Trumps hair
Trump will go very hard on Hillary and portray her as utterly corrupt. Hillary will play on the fears of Trump the man as being unfit and dangerous.
I'd have thought that by November most Americans would wish they had a choice of someone else.
From a purely betting perspective there has to be some value in Trump to win - unless he gets stitched up at the Convention.
It might help reinforce a narrative for Remain of more sweeties in future if you don't rock the UK budget by voting Leave, but that was the baseline story anyway.
The big move is on small business. It will be interesting to see if that shifts sentiment at all.
I suspect very little.
I'd back most little old ladies in a fight with him. I think I might back Hillary versus many professional boxers.
If this gets Hillary to be somewhat less diplomatic, and actually make some statements that stray from the nothingness of what she's currently saying then Trump will have done the American people a great service.
Obama is clearly a thoughtful man. Has he dared to air these thoughts - no. Hillary is going down the same path.
If you're going to be the most powerful person on the planet you may as well try to use that power.
I'm backing (betwise) Trump mainly because I'm damned sure he'll use his powers as much as possible. He is a complete fool, but he has enough sense to have worked out what Presidents can (and perhaps should) do.
Ed Miliband was so placid giving the government a free ride.
Tories seem to be in a bit of a grumpy mood today.
BBC PARLIAMENT
1966 General Election
To mark the 50th anniversary, BBC Parliament gives viewers a chance to experience the 1966 General Election through this archive broadcast of the BBC’s original live election results coverage from Thursday 31 March 1966.
Cliff Michelmore hosts the BBC’s 1966 General Election programme, with analysis of the results by election experts David Butler and Robert McKenzie, political commentary from the BBC’s parliamentary correspondent Ian Trethowan, and interviews by Robin Day.
The election battle is between Prime Minister Harold Wilson’s Labour Party, which was attempting to improve on the parliamentary majority of just one seat it held at the time the election was called, and the Conservatives under the eight-month-old leadership of Edward Heath, with hopes of overturning Labour’s narrow majority.
Live coverage of declarations and reaction to the results comes from across the country, including reports from Frank Bough in Wolverhampton, Magnus Magnusson in Glasgow, Raymond Baxter in Billericay, Michael Parkinson in Birmingham and Alan Wicker with the crowds watching the BBC’s coverage on a big screen in Trafalgar Square.
In addition, Michael Aspel presents regular news summaries, Robert Robinson provides a review of the newspapers, and among the studio guests giving their response to the election campaign and results are the editor of the Spectator magazine Nigel Lawson and the US political commentator Theodore H White.
Pictured: Harold Wilson
Monday 28 March
8.20-12 midnight
BBC PARLIAMENT
Only Jeremy Hunt gets more opprobrium on my facebook feed than Osborne!
Most Labour MPs including mine are too comfortable with going along with Tory Lite policies.
People accuse Osborne of being a very political Chancellor and in many ways he is but what I find surprising is that in both the last Parliament and the present one he is very relaxed about putting so much of the pain to the end of a Parliament and near the election. Most Chancellors try to get the unpleasant stuff out of the way early and cram some goodies towards the end but in the Coalition we even had the absurd position of him coming to the country with a tough budget that he then moderated quite considerably after he won. This is a second relatively pain free budget but the targets for later in the Parliament look heroic.
My view, for what it is worth, is that whilst he clearly has a weakness for the political gesture he also genuinely tries to do his best. The reason the tougher years of cuts were postponed the last time was that he thought the economy was not strong enough to bear it. I think we have seen the same pattern in both the last 2 budgets. I think he is genuinely worried about the storm clouds he has described and he is taking his foot off the break again in response.
So far, in macroeconomic terms at least, he has called this right.
The numerous scandals around the Clintons have been around for years with no result.
As such Trump will merely allude to Clinton as being ill, and shrill anti-male. Trump appears presidental.
Clinton can do one of two things, go easy on Trump in which case he wins by default, or
go hard on Trump in which case he wins as she appears (mentally) ill, shrill and anti-male.
As Clinton has never shown any ability at politics guess which one she will choose.
Trump is going to win by a landslide.
I see Lisa will be ditching EET pensions before 2020 if I had to guess.. for new money anyway.
Imagine bolting on employer contributions won't be too hard in due course either....so as not to mess up auto enrolment
Impressed to see our bowlers managed to impersonate Dernbach today.
Wide.
http://www.papajohns.co.uk/images/Drinks/irn-bru-sugar-free.jpg
Hopefully the 2015 intake (Heidi Allen et al) will put the kibosh on it again.
Its just embarrassing isn't it? They should rely more on Laura Kuenssberg who has been an excellent addition to the BBC team.
Thanks.
Balls would disagree:
http://media.tumblr.com/tumblr_lta21gPm3U1qhy4uu.gif
i) a warehouse full of skeletons and disasters
ii) I've wanted to be POTUS all my life...
iii) I'm familiar with the White House, 'cos I was there when Bill was...
iv) I'm a woman, and there's never been one, so it must be MEEE...
v) It should have been MEEE in 2008...
Anything else?
It's not too late to ditch this stupid, confusing, complex and certain admin disaster that is the Annual Allowance taper which you've got kicking in from 6th April.
Think back to Labour's legendary crock that was the Anti Forestalling rules you abolished & you've only gone and trumped them.
Won't affect the masses but it is an horrendous mess for those who will be tripped up in the next few years.
Tory MPs unhappy about 3 elements of budget: sugar tax, disability cuts and (eurosceptics at EU role on) Tampon tax
Sam Coates Times @SamCoatesTimes 25m25 minutes ago
Of the three areas, I'm told (but cannot yet verify) that the disability changes (PIP) are causing most consternation
I think he has a tendency now to air what he thinks might be the controversial proposals early, to test the water, following his controversial omnishambles budget in 2012. He did it with the big cuts for this parliament prior to GE2015, the tax credit cuts and the pensions reforms.
But he also can't resist the occasional gesture and rabbit.
Much better than Labour but, personally, I'm not a fan as he's a tax complicator (as Robert says) tactically Brownian and he's a weathercock - far too concerned about both politics and his image.
His reforming instincts only go as far as what he smells on the political winds.
Puts it all in perpective.
http://www.faz.net/aktuell/wirtschaft/infrastrukturpaket-der-bundesregierung-bis-2030-14128647.html
I must say, I find her rather smoking.
More people getting older, dying later, and therefore being more likely to become disabled is not George's doing, but the NHS.
Personal Independence Payments are being cut by £4.2bn in total.
In the UK we annoince the same projects over again.
Difference is the Germans will invest . it's one of the reasons their productivity is better.
Meanwhile George postures on Happy Meals