A surplus promise is good politics but bad policy

The Abbott government, like others before it, has allowed the budget deficit to hijack economic debate on important issues, such as poor productivity levels and infrastructure challenges.

The surplus discussion continues to hijack the nation’s economic debate. Recent promises by Prime Minister Tony Abbott suggest that the Coalition may fall into the same political trap that Labor stumbled into: promising a surplus that they cannot deliver.

Whether or not you agree with their policies, the Howard/Costello government were always good at politics.

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