Having looked at the numerous summaries of the budget, I am left feeling somewhat bemused.
The media has led us to expect a significant budget, responding to extraordinary economic circumstances. Having run the “what this means to you” calculator a couple of times I can’t see any dramatic change to my personal, or business, circumstances.
Perhaps the message is that the chancellor hasn’t got a wand to fix the problem. In fact, perhaps the problem is not tangible enough to fix. I have suspected that a good proportion of our current and future woes are self perpetuated, by the “ever ready to tell a bad story approach” of the media, and by our own insecurities.
If there is a way out of the hole we are in, perhaps the message is that it’s up to each of us to grasp opportunities as they come, and take control of our own destiny.
April 23rd, 2009 at 2:49 pm
Most of the big moves had already been made regarding getting money flowing again..so to a certain extent it could be nothing more than tinkering around the edges.
Nice to see the 50% tax band though. It’s small potatoes, but it’s the right message to send out. If you can afford to contribute more, you should.