ARE we really rolling in money all of a sudden?
Not really. Apparently the government coffers are filling up with an unexpected surge of tax, described in one publication as “humungous”.
Treasurer Scott Morrison is like a 10-year-old kid that finds 10 bucks. Yes, he’s excited, and sure, it’s the most money he’s ever had in his hands, but he’s far from loaded.
This year looks a lot better than last. It’s also shaping up to be better than any of the eight years that came before it. But nobody with a long memory is impressed. We still haven’t fully recovered from the global financial crisis, as the next graph shows.
Sure, were not as far in the red, but we are still in the red.
Compared to the good old d…
Read the full article at: https://www.dailymercury.com.au/news/can-we-really-afford-a-budget-splurge/3407483/
