Budget Speculation and Its Consequences
Charles Curran, managing director at Maskells, notes the challenges of budget speculation.
The Job of the newspaper is to comfort the afflicted and afflict the comfortable
Paraphrased from Mr Dooley, a character created by Finley Peter Dunne, 1893, this quote highlights the role of media in reporting. Leaks from the government are causing media outlets to speculate on the budget, making terrifying predictions.
- The country's financial situation is dire, yet the principle of not buying what one cannot afford seems to elude the government.
- A 4% increase in benefits is expected, which is fueling public anger.
Author's summary: Budget speculation sparks concern and anger.