What Osborne got right
After being mean about Osborne’s sub-prime corporate debt policy, I should say that he got a lot right in his speech earlier today. His delivery was the best I’ve seen: he looked relaxed, and sounded conversational. This suits him: he’s not a hell-and-brimstone kind of politician. He dealt with the dire subject matter in a confident way and was not in the least defensive. And he showed a glimpse of the sunlit uplands, so conspicuously absent from Vince Cable’s doom-laden speech a fortnight ago. That said, it seemed apparent from the rest of his speech that he is bracing himself – and us – for a downward surge on the economic