Bowen says coalition given up on budget repair, page-39

I don't have a problem with a surplus if it is funded like Norway with enormous trade surpluses. I don't like surpluses that are funded out of a leveraged private sector. At some stage the private sector will be unable to continue to increase debt as it has been for decades and will deleverage. This will necessarily mean the government will run a deficit or face a recession and higher unemployment.