Reshuffling the deck?
Whatever you think of Mr Osborne, as with all Chancellors, pain is delivered as discipline, where possible made to appear as a progressive change. Most of the time, there is little more being done than a reshuffling of the cards, hoping that this time, the hand will be sufficient to take home the equivalent of the jackpot.
The truth is that running the finances for the UK is not an easy task (and I am not attempting to make excuses for him). Tax revenues are based on assumptions about the future, costs are too – but there is inevitably the odd “unforeseen event” such as a plague, war or famine… which in practice aren’t really that unforeseen, because they occur regularly.
Nobody is really going to be pleased much of the time, whatever politicians tell us, we know that they have ambitions based on a concept that 4 years is the long-term, which is, as we all know, full of flaws. Would that it were so simple.
As for Hail Caesar – it is a film for our time about a film about another time, but the eternal golden rule – he that has the gold makes the rules.
You can read more articles about Pensions, Wealth Management, Retirement, Investments, Financial Planning and Estate Planning on my blog which gets updated every week. If you would like to talk to me about your personal wealth planning and how we can make you stay wealthier for longer then please get in touch by calling 08000 736 273 or email firstname.lastname@example.org