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The Forum > Article Comments > Budget `surplus` - wise policy or foolish mistake? > Comments

Budget `surplus` - wise policy or foolish mistake? : Comments

By Henry Thornton, published 2/12/2011

Budget surplus at any cost, but cut interest rates to restore consumer spending.

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579,

Why should a house hold with no share holders save? It is far easier to spend, but eventually the chickens come home to roost. This is precisely what is happening in Europe to all the spendthrift socialist countries.
Posted by Shadow Minister, Sunday, 4 December 2011 7:11:30 PM
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Dear Peter Hume, Henry is not a Keynesian, so on that basis your whole argument falls in a heap. Did you actually read the article?
Posted by GrahamY, Sunday, 4 December 2011 10:37:57 PM
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