ANALYSIS: One crisis after another means Scott Morrison should rethink the surplus
That's particularly the case in politics when even the most innocent remark continues to be thrown back in a pollie's face.
Then there was treasurer Wayne Swan's promise to deliver a surplus in 2012, a commitment blown away by collapsing tax receipts. Decisions in Washington, London, Tokyo and increasingly, Beijing, have a bigger impact on our economy than anything that goes down in Canberra. Having delighted in the travails that have beset previous governments in the recent past, however, Prime Minister Scott Morrison and Treasurer Josh Frydenberg will be facing an uphill battle if they attempt to blame forces outside their control for our current situation.It's possible the promised budget surplus won't eventuate. Not only that, it appears we are heading for, if not a recession, then at the very least a temporary downturn.
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