Iceman:
Clearly no understanding of the difference between the economy and the budget.
A bit like deficit and debt.
Swan was so desperate to get to surplus because he knew that most of the Labor stooges would think we had no debt once there was no deficit.
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I think a lot of people misunderstand the two which is why Swan kept announcing wafer thin surpluses [none ever achieved] so he could appease the baying hounds. Never mind that even if he had achieved those surpluses, it would have taken generations to pay off the debt.
Fortunately, the adults are back in charge - adults with experience in managing businesses, balancing accounts and budgeting responsibly, as opposed to those whose experience is limited to fiddling -er - managing unionists' funds.**
[** I exclude from this grouping Dr Andrew Leigh, Labor member for Fraser who holds a PhD in Economics from Harvard and is former Professor of Economics at ANU. Unfortunately Dr Leigh's economic rationalism is taboo over in Labor-land and he keeps getting slapped down by the bruvvers whenever he has an outbreak of common sense - for example when he advocated Medicare co-payments then was slapped down
http://www.theaustralian.com.au/opinion/cutandpaste/perhaps-labors-andrew-leigh-should-ditch-the-socialists-and-join-the-true-liberal-party/story-fn72xczz-1226932272012#
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