The Canberra Times has a piece on our brave leader, Jon Stanhope, publicly mulling the possibility of the ACT budget going into deficit as the global economy implodes.
For mine there’s nothing wrong with a bit of deficit spending in the down times of an economic cycle.
But in the past budget deficit scares have been used by Mr. Stanhope to justify things like massive school closures.
Anyone care to speculate as to what might be on the hit list this year to be safely forgotten when the next election comes around in four years’ time?