One crisis after another means Scott Morrison should rethink the surplus

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ANALYSIS: One crisis after another means Scott Morrison should rethink the surplus

That's particularly the case in politics when even the most innocent remark continues to be thrown back in a pollie's face.

Then there was treasurer Wayne Swan's promise to deliver a surplus in 2012, a commitment blown away by collapsing tax receipts. Decisions in Washington, London, Tokyo and increasingly, Beijing, have a bigger impact on our economy than anything that goes down in Canberra. Having delighted in the travails that have beset previous governments in the recent past, however, Prime Minister Scott Morrison and Treasurer Josh Frydenberg will be facing an uphill battle if they attempt to blame forces outside their control for our current situation.It's possible the promised budget surplus won't eventuate. Not only that, it appears we are heading for, if not a recession, then at the very least a temporary downturn.

 

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Something you might not realise ABC is that a surplus is the result of mathematics, not developed as a result of one of your opinionated analyses.

GretaThunberg. Virus spores, released during Australian Bush fires. Could have bloomed in upper atmospheric child over XHNews. Climatic ill health is going turn ecological disasters into companion biological reactions. UCSUSA FACTOFLIFE.USATODAY WeAreSTV Pontifex Reuters

I think he should cut funding for the and other useless things before giving up on a surplus

Imagine how good the books would have looked last financial year if ScottyfromMarketing and his Gov didn’t rort all that money to get re-elected. auspol

The ABC hates money management.

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