Posts Tagged ‘projected growth’

Budget castles in the air

Written By: - Date published: 8:57 am, May 17th, 2011 - 24 comments

Apparently the budget will forecast strong growth in GDP and wages, and a return to surplus within a few years.  Sounds good?  Well yes, but it is all based on purely hypothetical “projected growth”.  Wishful thinking from Treasury analysts with a three year record of being wrong wrong wrong.

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