“The PLP favours revenue-raising measures over spending reductions. The political risks of attempting to implement the full SAGE recommendations would be high for the OBA, which has only a two-seat majority in the 36-seat lower house.”
Sure, it is a statement of the obvious, but sometimes it takes a body like the Economist Intelligence Unit to make you realize how true it is. The full story is here.
It does seem to have gone quiet on the SAGE front – although we may find out more in the forthcoming Budget.
And it is the Budget that will give us an indication of how politically brave the OBA is prepared to be.
Last year they had barely been in power for two months when Bob Richards presented his first Budget, things are different now.
How many of the SAGE recommendations will surface in the Budget and in what form? Will there be draconian cuts in budgets? Or will it be politically safe?
Will Bob take the middle ground – not really pleasing anyone but not really offending them either.
I think the Economist may have got it spot on.