The net result of introducing a BIG will be higher taxes, slower growth and less employment
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 […]
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