Inside Story

Current affairs & culture from Australia and beyond

80 words

Test: Was a $213 billion budget deficit unethical?

9 October 2020

The government needs to do more to share the risks during the recovery

Right:

Job well done? Treasurer Josh Frydenberg (right) leaving the House of Representatives with colleagues Peter Dutton (left), Scott Morrison and Michael McCormack after handing down the budget last night. Alex Ellinghausen/Sydney Morning Herald

Job well done? Treasurer Josh Frydenberg (right) leaving the House of Representatives with colleagues Peter Dutton (left), Scott Morrison and Michael McCormack after handing down the budget last night. Alex Ellinghausen/Sydney Morning Herald


Massive spending undoubtedly goes against the grain of a government like this one. And spending doesn’t get much more massive than last night’s.

Josh Frydenberg and his Coalition colleagues have often framed their aversion to government largesse as an argument about our responsibility to future generations. “Every dollar we spend today is a borrowed dollar,” said the treasurer ahead of the budget. “That’s the reality and the debt will be there for future generations to pay back.”

Read next

1215 words

October surprises

8 October 2020

Television | The Comey Rule reminds us that there’s no such thing as a bombshell in the Trump era

Right:

Masterclass: Jeff Daniels (left) and Brendan Gleeson in The Comey Rule.
Masterclass: Jeff Daniels (left) and Brendan Gleeson in The Comey Rule.