Surplus “on track” bar disaster!

😆 😆 😆 😆 😆 😆 😆 😆

That’s like saying “we’ll be sweet for the bbq tonight” when it’s already pounding down with rain and you can hear thunder in the far distance fast approaching and an eathquake hit your town this morning and a Tsunami of monstrous proportions is coming you way all at the same time!

I wonder what Don Brash will be coming back with?

Finance Minister Bill English indicated it would take another global meltdown or catastrophe to put the Government off its stride to return the books to surplus in the 2014-15 financial year.

But he also warned of much more belt-tightening ahead for the public sector over the next few years, with no increases except small ones in education and health.

Mr English repeatedly said yesterday at a media briefing on Treasury’s updated forecasts that the Government was committed to a return to surplus by 2014-15 – despite lower growth and forecasts than in the May Budget.

“Of course, if there is some kind of meltdown, then you would expect us to handle it in a similar way to 2008-09 – and that is to protect the vulnerable, maintain public services but stick to a longer-term view about lifting our economic prospects.

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