But there is none of this nuance in the sunny days fiscal update tabled by the government. In a self-assessment of their own brilliance, the Liberals judged their commitment to balance the budget by 2019-20 as a measure where action has been taken and “progress made”, even if, sadly, it is “facing challenges”.
That blatant nose-stretcher comes just 25 pages after the summary statement of transactions that says the deficit in 2019-20 will be $19.6 billion. Some progress, some challenge.
The entire document should come with a warning sticker: “Caution — stormy objects in your mirror are closer than they appear.”
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