I'm usually wary of making economic predictions, but here's one I am happy to make.
We will not have a budget surplus in 2014/5.
Here's another prediction: over the next 12 months Treasury growth forecasts will continue to trend downwards, and Bill English will continue to blame every government failure on what is going on overseas.
If this government is so powerless to influence the course of our own economy, why did Key and English so boldly pronounce a return to surplus in 2014/5?
Another prediction: By the time this lot is thrown out, the economy will be the same size it was the last time the National Party lost power.
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