Shorten should try matching spending to revenue, not vice versa

Judith Sloan on Bill Shorten’s astonishing reversal of the usual economic rule - that spending must match revenue:


A FEW weeks ago, Bill Shorten made an extraordinary statement: “Revenues have to match our spending.” No notion that we might need to cut our coat according to our cloth. Rather, Labor will figure out how much it wants to spend, then make some pathetic attempt to match revenues to these spending plans.



I use the term pathetic deliberately....

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Published on December 15, 2014 12:37
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