Osborne: Is this Real?

Not really. Too much of the package is based upon forecasts which statistically have only a 55% chance of being right. Would you fly in an aircraft with only a 55% chance of getting there? No. So Osborne, who has missed almost every target in every forecast he has ever set, giving another bravura performance in the Commons sounding more like a prime minister (in waiting) than the Chancellor that he is, wound his backbenchers up to shrieks of delirium with an old fashioned dose of robbing Peter to pay Paul. In their ecstasy the benches behind him could see only Paul and it was wonderful.

Peter will come out of the shadows to haunt them later.

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