What is in a speech?
A closer look at Budget 2014
15 October 2013: ‘Too long a sacrifice can make a stone of a heart’ – The Minister for Finance, Michael Noonan, quoting poet WB Yeats.
What’s in a speech? A closer look at Budget 2014
Trending on Twitter for Budget 2014
A wordcloud analysis of the Budget 2014 statement by Minister for Finance, Michael Noonan, reveals a new emphasis this year in the speech on jobs and investment, framed in an overall context of a country as it exits from the IMF/EU bailout programme.
Excluding the word tax, the words jobs and investment dominate the policy areas discussed in the speech. Employment, credit and reliefs also feature prominently. Commenting, Padraig Cronin, Head of Tax at Deloitte, said:
"After five years of unrelenting focus on deficit reduction and austerity, there appears to be a conscious attempt by the Minister to change the conversation. The words jobs and investment loom large and pepper the speech, and combined with numerous references to exiting the bailout programme, it is clear the Minister is seeking to deliver a new narrative around the Budget this year.”
This wordcloud is a visual representation of the body of text of the Minister for Finance’s Budget 2014 speech in which the size of the words represent the frequency of their use. This format is useful for quickly perceiving the most prominent terms in text.
How did we come up with this analysis?
We wanted to be able to visualise the Minister's budget statement to help people to grasp its key highlights at a glance. To generate this word cloud, both single words, and two-word phrases were extracted from the Minister’s Budget speech, analysed for frequency of use, and then sized accordingly in the wordcloud.
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The information contained in this press release is correct at the time of going to press.
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