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2010-08-07

Timid election and budget deficit

Comments on Paul Kelly “Post-election, we'll be heading for a train wreck”, 7/08/2010, http://www.theaustralian.com.au/national-affairs/commentary/post-election-well-be-heading-for-a-train-wreck/story-e6frgd0x-1225902293275
This election is abnormal and strange indeed.

The prime minister has her problem and the coalition leader has his problem. As a result, each has been cautious.

Post election, it is highly likely there will be resurrection of braver leadership, irrespective who is in government.

In terms of government deficit, given the economy is doing so well now, why does the government have to produce a deficit?

We didn't have the recession and unemployment rate is low. There is no need to continue to stimulate the economy by the government.

What that means is the coalition, if elected, should have no difficulty to return to surplus.

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