Benjamin Hansen – @ben_hansen
Federal Treasurer Wayne Swan has come under criticism from a past university professor after Mr. Swan’s declaration to get the Federal budget back into surplus by 2013.
Professor Brian Costar a political researcher at Swinburne Institute of Social Research, who taught Mr. Swan at the University of Queensland, questioned the actions of the current treasurer at a press conference today.
Speaking to a group of Swinburne University students, Prof. Costar said, “Treasurer Swan should not worry about getting the Federal budget back into surplus, they have bigger issues on hand.”
“Governments are not the same as households, they [governments] can have a small deficit and still carry on, only needing to raise taxes when in a crisis, which they currently aren’t.”