Like the February budget, Wednesday’s medium term budget policy statement will reflect the government’s understanding of the constraints it faces, and the consequent need to choose between competing priorities.
The police minister may want to expand the police force, the education minister may want more teachers, the human settlements minister might want to build more houses and union leaders will want everyone to be paid more. But stakeholders cannot all have what they want because we live in a world in which the unavoidable cost of doing one thing means not doing something else.
What distinguishes governments from you and me […]
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