Živilė Simonaitytė-Vasiliauskienė: When the budget drifts away from reality | Blind Spot #23

PODCAST

10/30/2025

Economist Živilė Simonaitytė-Vasiliauskienė argues that Lithuania’s 2025 budget is built on unrealistic expectations. She questions the government’s plan to raise tax revenues by double digits, warning that such optimism ignores real economic behaviour.

The discussion explores what drives these miscalculations — from flawed tax reform and pension withdrawals to the risks of EU-level fiscal decisions — and what happens when politics outweighs economic logic.

Her message is clear: the real problem lies not in spending, but in how revenue is imagined.

SUMMARY