Budget 2014: how good politics can trump good economics

The days leading up the budget are hectic as many in the Treasury are busy devising financial gimmicks to please the electorate. This forthcoming budget is particularly important as next year’s budget will be too close to the election to have much of an impact on the economy or the “feel-good factor”.  Government politicians are also busy revelling in good economic data including a return to economic growth and falling unemployment. The chancellor has been telling colleagues that “we have won”.  Have they?

Full Bog continues here on The Conversation website.

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