George Osborne’s Budget magic trick

Spare a thought for George Osborne and Danny Alexander. They had their own budgetary magic show planned for Wednesday, and were yet again planning to be the Paul Daniels and Debbie McGhee of British politics. Now, it looks like they’re going to be competing with exploding Libyan MiGs for the national attention. This Budget was, as James says in his cover story this week, the government’s great hope for getting itself back on track. Grabbing the newspaper headlines, resetting the narrative etc. Now, the budget will be overshadowed by war. These Tomahawks don’t come cheap and Osborne has pitifully few cards to play. He knows that his budget will not live up to David Cameron’s deeply unhelpful description of it as the “most pro-growth in a generation.” I suspect it will be more of a Paul Daniels budget: you’ll like it, but not a lot. For what they’re worth, here are predictions – an elaboration of my News of the World column today.