On the eve of World Book Day, it is perhaps fitting that Britain’s Chancellor Jeremy Hunt was forced into writing a bit of fiscal fiction. Caught between political pressures to boost his party’s popularity and the country’s fragile public finances, he managed to confect a spring Budget that cuts taxes, meets his fiscal rule and makes a start on some sensible reforms. The problem is that he has had to stretch economic reality in order to get there.
在世界讀書日(World Book Day)前夕,英國財政大臣傑瑞米•杭特(Jeremy Hunt)被迫寫了一些部政小說,這或許很應景。在提高其政黨支持率的政治壓力和國家脆弱的公共財政的夾擊下,他設法制定了一份春季預算,削減了稅收,符合他的財政規則,並開始了一些明智的改革。問題在於,爲了實現這一預算,他不得不對經濟現實做些文章。
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