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The Budget – Part 1

May 12, 2010

More smoke and mirrors! With his credibility shot KRUDD had to be seen to be a good economic manager! (a fiscal conservative! If it wasn’t so serious it would be funny). So he’s done whatever it took to give the appearance of bringing the budget into the black which includes two new taxes he assumed would not upset the general populace, mining tax and smokers. Unfortunately for KRUDD, this has ended misfiring badly. The budget has obviously been reverse engineered – a figure was arrived at first ($1b in surplus) and then everything else adjusted to get it there. The man is a disgrace!

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