Pictures can also be misleading, for instance, the sale of Telstra and other government utilities got the Howard government back into the black. No more revenues from those sources meant future governments would have to find other ways of screwing joe public. State governments of both persuasions have gone down that very same path.
In a nutshell what this meant for governments, state and federal, is short term gain (look we are good money managers) and long term pain for joe public.
