Having had a little more time to reflect on the budget and it's broader implications, for me it's a mixed bag affecting people in different circumstances in different ways.
Millions of people will be worse off according to the Institute of Fiscal Studies
but it's not as simple as that.
Despite the showboating rhetoric about no new taxes....in September Sunak announced
that all employees, employers and the self-employed
will pay an additional 1.25% in National Insurance contributions.
Technically, he wasn't actually lying - as he'd already announced it so it's not "new"
For me personally i.e. a pensioner I know and accept that my State Pension and my savings will be outstripped by price rises and inflation lag (which the OBR were quick to say is more likely to be 5% and rising after Sunak claimed it would peak at 4%) but I like beer and with the reduction in tax partially offsetting the increase in transport and ingredients costs theoretically the price shouldn't rocket in the foreseeable future so I'm happy with that. But the below inflation 3.1% "increase" in the State Pension will be immediately eaten up by increased Council Tax, rising fuel costs, and general price increases due to inflation.
The "super rich" were unaffected - so no wealth tax and nothing to get after the tax dodgers.
People on low incomes were given a few crumbs with which to offset the trouble ahead.
But Sunak had already said that the lower tax threshold will be frozen for 5 years from April 2021 - which as we head into the "higher wage/higher prices" economy will push more and more lower income earners into paying tax.
Middle income earners were slammed though with increased NI and prices rising at the fastest rate in 30 years.
And I'm still wondering how reducing the tax on internal flights fits with their agenda for climate change? Surely that would encourage folk to fly more if the saving is passed on to the customers? Why aren't they looking at greener alternatives like a decent rail network that compares with our European neighbours?
If borrowing is finally going to be cut back from it's current all time high in the next few years as Sunak claims it will there is only one way to pay for it all - increased GDP - so Britain is going to have to start working smarter and harder and moreover, resolve all the supply chain issues and skills shortages pronto.
One thing that did cross the line though was Sunak gleefully suggesting that public sector workers including the NHS would get a pay rise next year. No they won't. What is actually happening is that the pay freeze will be lifted - so they will be legally allowed to negotiate - but as Mr Frosty Brexit found out negotiation doesn't necessarily mean they'll get it. And if they do, will it even cover the rise in the cost of living?
Perhaps the only slightly amusing thing in the whole budget was Sunak saying that this government was going to get economy back into the healthy shape it was in 2010.
Didn't his script writers bother to tell him that the economy in 2010 was built on 13 years of Labour government?