Tax cuts, surpluses and fancifully optimistic forecasts add up to a make-believe budget
• Morrison splashes the cash in final election sell to the suburbs
• The rosy forecasts in Frydenberg’s budget – and the big assumptions behind them
Welcome to Budget 2019-20, where the future is bright and the horizon is clear of danger – apart from the dangers which the budget papers themselves warn about but bizarrely ignore.
This year’s budget is an odd mix of tax cuts and spending measures targeted to win an election, but with assumptions so joyous and optimistic that you could be forgiven for thinking the Liberal party wants to lose just so it can blame the ALP for not living up to their predictions.
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