The government have updated the budget figures. Mysteriously, Bill English is out of the country.
Keeping Stock thinks this is good news, to which I can only ask how bad do things have to get to be considered bad news?
The figures make for a sorry sad tale, and the days of "it's worse in the rest of the world", "it's the GFC's fault" and "it's Labour's fault" are gone. Questions of when we will have a budget surplus are begging to be asked. "In three years" was always a joke, however I doubt the updated answer will be any better.
Powderfinger - Odyssey Number Five, 2000