Tag Archives: Budget 2018

Repeat after me: “The Treasury is empty.” “The Treasury is empty.” “Again!” In psychology, there is something called the “illusory truth effect.”  Essentially, it says that a lie repeated often enough becomes believable, not only by persons hearing it but also by the people repeating it. The term only gained …

The annual reading of the Budget is a ritual. It is real only in that it determines what will be the cost of living in the short and medium term.  This year it imposed additional taxes intended to replace evaporated energy sector revenue in order to prop up a lifestyle, …