Quote:
Originally Posted by Outbackjack
I want you to have a face to face meeting with some of the hundreds that will loose their jobs because of this, and tell this to them.
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The simple fact is, the Australian government has been running budget deficits to the tune of $30 billion plus a year for the last few years. In order to bring the budget to surplus (and with a lack of any new revenue coming online anytime soon), they are going to have to make cuts (or reduce tax concessions). You do this, it takes money out off the economy and causes job losses. The pain being seen now with job losses, is nothing compared to what is going to happen after the government starts to balance the budget.