After the Chancellor boasted that inequality had fallen, welfare cuts mean it is rising again.
Like the Chancellor, the party has a vested interest in convincing voters that the crisis is over. But it isn't.
An ambitious growth plan could be implemented with no public borrowing at all.
The Chancellor's denouncement of those who want to "pull up the drawbridge and shut Britain off from the world" applies to a significant number in his own party.
The share of post-tax income received by the top 1 per cent has risen, while falling for the bottom 90 per cent.
Business Secretary issues coded criticisim as Pfizer eyes UK tax advantages over AstraZeneca takeover.
The Chancellor remains an unashamed neo-conservative and a champion of military intervention.
The uncomfortable truth is that for most people, the recovery hasn't even begun.
The DWP's own study found that forcing claimants to do community work or attend daily jobcentre meetings made almost no difference to employment levels.
After voting against a cap as recently as January, the Chancellor has taken fright.