Why Do We Say It? The stories behind the words, expressions and cliches we use.

By: Castle ( Book Sales, Inc. ) Two pages 48 and 88

Pg: 48: Budget. How did we get the word “budget”?

It has long been the custom for the English Chancellor of the Exchequer to bring his papers regarding financial expenditures to the House of Commons in a leather bag or portfolio which he places on the table before him. The “budget” was named for this bag-for the old French word for a “bag” is bougette. To “open the budget” is a literal description of the procedure the Chancellor follows-he opens the bag and takes out his papers.

Page: 88: Economy. Where does the word “economy” come from?

From the Greek word for ” house manager.” The one place where we generally insist on the careful expenditure of money is in our own home. 

This tells me the true meaning, however the shape of the World today makes the meaning even more confusing.

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