A comment piece by Peter Hartcher in The Sydney Morning Herald and The Age asks readers to “Clap if you believe” that the 2022 Federal Budget is responsible and can strengthen our nation’s finances.
Hartcher states that:
“If you don’t believe, you find yourself living in what the former Treasury budget examiner Stephen Anthony of the consultancy Macroeconomics [Advisory] calls the “roach motel”.
The “roach motel” of a big, unchecked, structural federal deficit of about $40 billion a year.“