Monday, 21 May 2012

Santa's In Town

Hooray, a small surplus in 2014/15 is predicted, by Regular John.  The evolution of the framing around surplus is note-worthy.  A few years ago we were predicted to see an aggressive recovery.  Now our expectations, like all sorts of other stuuf, have been subject to austerity measures, and we can hope for a small surplus in a few years.  I suppose it is going to be delivered by santa, or the easter bunny, too.
I'd have more respect for the senior members of the National cabinet if they were to admit that they have no idea what they are doing and don't genuinely believe a word they are saying about the surplus.  That would, at least, indicate a willingness to learn.  The idea that they might believe there will be a surplus in 2014/15 due to their actions (as opposed to by coincidence) is just too outlandish to be credible.

Mary - Christmas on the Rocks, 2001

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