Good Economics is Good Politics in the Medium and Long Term

The Budget Speech 2015 was a very well formulated document which provided benefits for important segments of the population and allocated resources/provided concessions to priority sectors of the economy. It was certainly a good political document in the run-up to the anticipated Presidential election in January 2015. In pluralist polities all over the world it is usual to have some parting of the ways between good politics and good economics in pre-election budgets.