That's a good point Denben that seems to be missed.
A surplus is a sign of excessive taxation revenue, considering government expenditure has not decreased year-on-year in nominal terms for at least 40 years.
Excessive taxation revenue and asset sales. Which explains why Costello was never considered for the gong for worlds best treasurer.
Good of him to acknowledge the past four years have been tough and going into debt has been justified. Kinda blows the arguments of many around here.
