Budget Repair? Better to repair your thinking instead

Everything that you think you know about Australia's ‘debt and deficit crisis' is probably wrong. Politicians, journalists, and even economists have been peddling the mistruth that running a country's budget is like balancing a household's books – when nothing could be further from the truth…menzies knew the value of a good deficit, and knew that deficits are the driver of wealth creation. By oversimplifying a complex system, the public understanding has been turned on its head – putting everything at risk.