What’s this? Is Iain Duncan Smith visibly excited by prospect of hurting the poor?

The work and pensions secretary cheered on the new "living" wage, which turns out to be nothing of the sort.

(Photo By Iain Duncan Smith, in classier times. Photo: Rob Stothard/Getty Images)

What was the most galling part of the budget?

Cutting housing benefit for 18-21 year olds? Turning the university maintenance grant into a loan? Tax credit cuts that make sure children are suitably punished if their parents have large, low-income families? The complete absence of any climate change or green issues?