Australia’s Treasurer has wielded the hockey stick with great enthusiasm and inflicted many blows, but missed the goal of a stable and prosperous economy. However on an objective analysis I have to agree with him on the following: “We need to live within our means”, “We need to be sustainable”, “We don’t want to squander our children’s future” and there is a “moral dimension”.
He is not quite right about “the age of entitlement is over”. It isn’t; but it’s fair to at least head in that direction.