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Thoughts on the 2012/2013 federal budget

While I was following the coverage of the federal budget this evening, I made a few notes, most of which were published to Twitter. What follows is adapted from those notes.

As you can tell, I’m not impressed by the budget, but it is at least roughly what I expected. I am concerned about the economic consequences though, and I fear that it may take quite some time for future governments to undo the damage being done by this government…and this budget is just one part of the mess.

Samuel