api.follow.it · 5d · discuss
Budget coverage in the media is understandably all about the details. What taxes are going up or down? How do the OBR forecasts compare to last year or six months ago? Has the fiscal headroom gone up or down? In all this it is easy to lose the big picture. Yet when some media outlets do attempt to do big picture previews, they often get things very wrong. This post tries to correct that, and suggests why the Budget is unlikely to change that picture. The big picture presented in much of the media is one of general gloom, if...