Financial plans are a form of creative destruction, serving as a compass, not a map. The changing nature of the planning process creates an ideal location to seek refuge.
Steve Jobs famously said that one can only connect the dots backwards. We have been connecting the dots on
government’s economic policy since 2018. The dots tell us what has been done, not what will be done nor what has
been promised. They help us to distinguish between daily headlines and longer-term trends. (I apologise in advance
that this read is longer than usual – there are just too many dots!)
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