A budget that almost pleases everyone
This year’s budget is more of a political than an economic statement
There are two major narratives emerging from Budget 2017 and, despite being wildly competing, both narratives are largely true. The budget has been criticised for its lack of ambition and vision, for being devoid of blue sky thinking.
On the other side, it has been attacked for being fiscally imprudent, and for frittering away money that does not yet exist by exploiting future fiscal space.
Somehow, it seems the government has managed to ...
