A headline from US financial commentators at The Business Insider, unimpressed with our Chancellor’s plan to stop the UK sinking beneath the waves. Here’s what they’ve been reading:

Telegraph: Bond vigilantes and rating agencies gave a frosty reception to the Budget, warning that Alistair Darling has done little to restore faith in UK finances or safeguard its AAA rating. “Public debt does not fall materially until after 2014-15. This projected path leaves the public finances vulnerable to shocks,” said Brian Coulton from Fitch Ratings, responding to the Budget.

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Even beyond the Telegraph, it didn’t take a cynic to note the predictably and blatantly political nature of this budget:

The Times: Darling’s Budget: nakedly political – Alistair Darling combined a raid on the rich with the theft of Conservative ideas in a highly political Budget yesterday that postponed the pain of spending cuts until well after polling day

The Independent: Mr Darling announces the election ahead of time – His politically astute Budget throws down the gauntlet to the Opposition

Guardian: Budget 2010: Alistair Darling neuters Tories with carefully judged snips – The chancellor’s budget was cautious, sensible and unflashy – and did its job of planting doubt about electing David Cameron

There’s politics and then there’s economics. Politics is how people want things to happen, economics is how things do happen.

But do Brit’s know the difference?