Published: April 08, 2019
The economy today does not need surpluses, it needs to be improved instead
Last week’s budget ensured that we will enter another election where both sides are fighting to convince voters that they will deliver a bigger (better!) surplus and that paying off debt is the greatest measure of determining a government’s economic credentials.
It has also resulted in one of the more absurd predictions in a budget – that net debt will be reduced over the next decade as fast as it was during the greatest mining boom in our history.
Continue reading...from The Guardian http://bit.ly/2D1y74W
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