The Chancellor's Spending Review may have been politically significant, but in cutting £11.5 billion from the Government's managed expenditure, what did it achieve? Nothing, says an irate Peter Oborne. "Useful idiots" who are "economically illiterate" have got completely the wrong end of the stick. They don't seem to realise that everything is different nowEND ITALS. Mary Riddell counters will equal force. It's typical of Right-wingers, she says, to forget that these cuts will have a dramatic real-world effect, often on the poorest in society. Please be aware this podcast contains heated exchanges.