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Britain’s electioneering Budget
FT社评:英国的竞选预算

The chancellor stretches economic reality to make the public finances add up
在提高其政党支持率的政治压力和国家脆弱的公共财政的夹击下,英国财政大臣亨特设法制定了一份春季预算。

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 s